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NanceGreggs

(27,813 posts)
Fri Jan 4, 2019, 12:29 AM Jan 2019

Some More Shit Headed for the Fan

Millions of Americans start preparing their tax returns at the beginning of the new year.

That means millions of Americans – many of them Trump supporters – are about to find out that the “big tax break” they were promised simply doesn’t exist. They are about to face the reality that the few extra bucks they saw in their paychecks will have to be paid back, because their traditional write-offs no longer exist.

In other words, millions of Trumpsters are about to understand that they’ve been had. Many of them will actually be paying more in taxes than they did before Dear Leader announced his “massive middle-class tax cut” – the majority of which went to already-wealthy individuals and corporations.

As we all know, Republican voters don’t give a shit about who gets burned as a result of GOP policies – until they’re the ones being roasted over an open fire.

For two years, the MAGA-hat crowd have ignored, excused, and/or explained-away Trump’s lies. It will be interesting to watch how they react to finding out that their much-touted “tax break” was just another scam perpetrated by the Con-Artist-in-Chief – along with the realization that they were stupid enough to fall for it.

33 replies = new reply since forum marked as read
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Some More Shit Headed for the Fan (Original Post) NanceGreggs Jan 2019 OP
Gigantic Scam on the American People. Cha Jan 2019 #1
Apparently so, Cha: Leghorn21 Jan 2019 #2
Thank You for that, Leghorn! Cha Jan 2019 #3
My pleasure, my friend!! It's been extra-frenetic today (OH REALLY) and I saw something about Leghorn21 Jan 2019 #7
I heard that today which is gonna go over like the Grammy23 Jan 2019 #6
Indeed so, Grammy - people are gonna feel this real up close and personal - (WHERE'S MY WALLET) Leghorn21 Jan 2019 #8
He will deflect the blame to Democrats dalton99a Jan 2019 #4
Yep. The most ignorant of the Deplorables will believe it. Millions of 'em. Mister Ed Jan 2019 #20
You put it far more politely than I would, Nance! sheshe2 Jan 2019 #5
Did you just 'bleep' the word 'Shafted'? mr_lebowski Jan 2019 #9
My son had to adjust his with holding twice Gothmog Jan 2019 #10
How much more time before President Obama will be blamed for it, yonder Jan 2019 #11
"understand"? "realization"? Hermit-The-Prog Jan 2019 #12
I can't write my miles off now. Our company now has to cover the difference Quixote1818 Jan 2019 #13
Wow, that's a huge hit for travelers. KY_EnviroGuy Jan 2019 #17
Here is a link Quixote1818 Jan 2019 #18
Thanks for the link. I forgot to mention I'm retired...... KY_EnviroGuy Jan 2019 #21
LOL, employers may not cherish this thought (from your link)... KY_EnviroGuy Jan 2019 #23
Oh crap. I'm a hospice nurse and I drive a lot. I wonder what our company will do. mucifer Jan 2019 #26
Don't know your situation and I'm no expert at this point (retired) but.... KY_EnviroGuy Jan 2019 #28
They'll defend and make excuses for him. They always do. lilactime Jan 2019 #14
On this I think they're going to be pissed because it'll hit them in the pocket hard uponit7771 Jan 2019 #31
Excellent OP as always, Nance! Niagara Jan 2019 #15
...but let's keep reminding them of that fact. ffr Jan 2019 #16
it depends AlexSFCA Jan 2019 #19
I can't believe... SergeStorms Jan 2019 #22
+1, one of the reasons orange county CA is mostly blue now uponit7771 Jan 2019 #32
URGENT message from the republican party & their Draft-Dodging Casino Hustler Achilleaze Jan 2019 #24
... NanceGreggs Jan 2019 #25
Yup. republicans even lied to voters about the stupid, expensive hats Achilleaze Jan 2019 #27
Great OP malaise Jan 2019 #29
The new tax forms, representing the new tax code, hasn't been released yet ... IggleDuer Jan 2019 #30
Kick for those who won't be conned by the Liar-in-Chief. akraven Jan 2019 #33

Cha

(295,907 posts)
1. Gigantic Scam on the American People.
Fri Jan 4, 2019, 12:32 AM
Jan 2019

I read if #trumpShutDown is still going on there will be no refunds, either.

Leghorn21

(13,520 posts)
2. Apparently so, Cha:
Fri Jan 4, 2019, 12:36 AM
Jan 2019
The IRS can't pay out tax refunds during the partial government shutdown, and it's the biggest problem for people who need it the most

https://www.businessinsider.com/irs-tax-refund-delay-partial-government-shutdown-2019-1

Leghorn21

(13,520 posts)
7. My pleasure, my friend!! It's been extra-frenetic today (OH REALLY) and I saw something about
Fri Jan 4, 2019, 12:50 AM
Jan 2019

this earlier today, but when I googled just now, yeah, there are eight million links to stories about it, and they’re all coming out in just the last 24 hours

Boom, this one’s gonna hurt

Grammy23

(5,808 posts)
6. I heard that today which is gonna go over like the
Fri Jan 4, 2019, 12:47 AM
Jan 2019

Proverbial lead balloon. Folks used to getting a sizeable check in returned overpayment of tax often file as soon as the W-2s hit their hands. Frequently they need the money to pay bills. Imagine their chagrin to learn that the IRS is running on empty and won’t able to process returns and/or their hefty refund is reduced or gone?! Can’t blame Obama for that, although Numbnuts tRump surely will try.

Leghorn21

(13,520 posts)
8. Indeed so, Grammy - people are gonna feel this real up close and personal - (WHERE'S MY WALLET)
Fri Jan 4, 2019, 12:53 AM
Jan 2019

We’ll see how this one plays out...

Mercy

Mister Ed

(5,896 posts)
20. Yep. The most ignorant of the Deplorables will believe it. Millions of 'em.
Fri Jan 4, 2019, 03:49 AM
Jan 2019

They'll believe that the Democratic House that was seated today has somehow already screwed them out of the "massive middle-class tax cut" Trump promised.

But the truth might slowly dawn on millions of other Trump supporters, who will have to come to grips with the realization that they've been lied to, conned, and used.

sheshe2

(83,338 posts)
5. You put it far more politely than I would, Nance!
Fri Jan 4, 2019, 12:42 AM
Jan 2019
In other words, millions of Trumpsters are about to understand that they’ve been had.


You have more class than I do...I would have said....S****ed!

Happy New Year to you and yours. Today was sweet, sweet day.
 

mr_lebowski

(33,643 posts)
9. Did you just 'bleep' the word 'Shafted'?
Fri Jan 4, 2019, 01:02 AM
Jan 2019

Cause ... I'm pretty sure Nance wouldn't shy away from that particular word ... lol ...

But yeah, this could get pretty epic if millions of his cult-members suddenly find out the ONE THING (aside from racism) that Trump could hang his hat on ... the 'tax cut' ... is a load of bullshit, and they discover they're actually WORSE OFF?!?

Woooooo ... that could get ugly. Esp. if the Dow keeps falling ...

yonder

(9,631 posts)
11. How much more time before President Obama will be blamed for it,
Fri Jan 4, 2019, 01:31 AM
Jan 2019

and do they start hammering that now or later?

Quixote1818

(28,903 posts)
13. I can't write my miles off now. Our company now has to cover the difference
Fri Jan 4, 2019, 02:08 AM
Jan 2019

Last edited Fri Jan 4, 2019, 03:21 AM - Edit history (1)

My boss was not too excited to find out that his employees who often drive as much as 40,000 miles a year can't write their miles off now. He has always covered gas, oil changes and any work the vehicles needed but we wrote the miles off ourselves to cover the wear and devaluation. So he is going to have to pick up the tab for that now for around 40 employees. Probably about $100,000 out of his pocket. I am 100000% honest about this. HE IS PISSED!

KY_EnviroGuy

(14,483 posts)
17. Wow, that's a huge hit for travelers.
Fri Jan 4, 2019, 03:08 AM
Jan 2019

I traveled extensively for many years in field service and can remember tracking mileage religiously and building a spreadsheet for all the jobs. Even had a weekly allowance for routine business mileage at home (for banking, office supplies, etc.). For many years, that deduction and the one for my office space at home kept my taxes much lower.

This is going to get very raw for many small employers especially, as travelers will want compensation as you've described.

KY_EnviroGuy

(14,483 posts)
21. Thanks for the link. I forgot to mention I'm retired......
Fri Jan 4, 2019, 03:52 AM
Jan 2019

but I still know some guys in the biz that this will affect. Most will be pissed, but the Repug ones will make excuses and try to protect tRump.

It seems Republicans have always been very skilled in passing tax and regulatory legislation that they can paint as a pretty shiny object to workers, while real analysis always proves the working man suffers in the long-term and the wealthy guys always win.

That's their game in a nutshell.

KY_EnviroGuy

(14,483 posts)
23. LOL, employers may not cherish this thought (from your link)...
Fri Jan 4, 2019, 04:33 AM
Jan 2019

(snip)

Alternatively, an employer can provide an employee with a company car, which would be tax free if the employee only uses it for work-related driving (not including personal commuting).

Small businesses have always relied on the generosity of employees for the use of personal vehicles to run errands, attend meetings and continuing education programs, etc. Most good ones reimbursed their guys at the end of the month for travel if mileage was reported properly. Thereby, small companies avoided funding a fleet of company cars (except for the boss), along with the related headaches and fights over access to cars.

Now, when many of those request are made, the boss will hear the words "keys to the company car, please".....

KY_EnviroGuy

(14,483 posts)
28. Don't know your situation and I'm no expert at this point (retired) but....
Fri Jan 4, 2019, 07:30 AM
Jan 2019

you and your associates should address this with your company ASAP so that a compensation policy can be implemented if possible. That's also because you might have to start documenting your mileage in a different way to get compensation.

Perhaps one of you can do a consultation with a CPA soon to make sure you know your options and what you should be doing regarding tracking mileage, and to help prevent your company from tricking you......

Niagara

(7,406 posts)
15. Excellent OP as always, Nance!
Fri Jan 4, 2019, 02:18 AM
Jan 2019

Those schmucks keep voting against their own interest.

It's a shame that the rest of us have to suffer because of their stupidity.

ffr

(22,647 posts)
16. ...but let's keep reminding them of that fact.
Fri Jan 4, 2019, 02:53 AM
Jan 2019

And maybe hint at the definition of a Rube - an awkward unsophisticated person.

AlexSFCA

(6,137 posts)
19. it depends
Fri Jan 4, 2019, 03:37 AM
Jan 2019

the standard deduction is higher now. It’s folks in non-trump country are screwed like me in CA, due to SALT cap. In trump country, no property and local taxes would come anywhere near 10k.

SergeStorms

(18,893 posts)
22. I can't believe...
Fri Jan 4, 2019, 04:06 AM
Jan 2019

I had to explain this to a couple of Trumpublicans a few weeks ago. They're both income property owners and thought tRump's tax cuts for the wealthy were going to be a windfall for them. When they found out that their usual deductions had been flushed down the shitter they reacted rather irately. Yes, they get higher standard deductions, but that's not going to come anywhere near the deductions they had for 10 or so rental properties. Be careful what you wish for.

NanceGreggs

(27,813 posts)
25. ...
Fri Jan 4, 2019, 05:25 AM
Jan 2019

...

I bring this up all the time, but I always wonder how many MAGA-hat wearers have noticed the Made in China tag inside the headband. And then I wonder how many of them have thought about why their "Put America First pResident" has his merchandise manufactured by non-American workers.

Achilleaze

(15,543 posts)
27. Yup. republicans even lied to voters about the stupid, expensive hats
Fri Jan 4, 2019, 05:32 AM
Jan 2019

If the republican Draft-Dodger-in-Chief were honest, his stupid profiteering hats would read "Make China Great by Keeping their Hat Factories Busy, While We Skim the Profits for Ourselves. Ha Ha."

IggleDuer

(964 posts)
30. The new tax forms, representing the new tax code, hasn't been released yet ...
Fri Jan 4, 2019, 09:57 AM
Jan 2019

... and won’t be released until the shutdown is over. Virtually no one will know what the final tax bill willl be. Prolonging the shutdown will delay Americans from finding out how ee’ve Been conned.

akraven

(1,975 posts)
33. Kick for those who won't be conned by the Liar-in-Chief.
Fri Jan 4, 2019, 04:59 PM
Jan 2019

Saved, as always, Nance. Some of my MAGAt neighbors are going to be very hurt by this - VERY. They rely on their tax returns and Alaska PFD to pay rent and for the winter fuel to heat their homes. The PFD offices were hacked and are closed - we usually file by January 5 for early deposit. Our Fed income tax return will stay fairly steady even with the Orange Con's New Rules, fortunately.

But no vacation again this year.

Keep at 'em Nance! And thank you for explanations that we need.

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