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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums'Fox & Friends' tells Americans it's their fault their tax returns are smaller this year
Many Americans are actually paying more in federal taxes thanks to the Trump tax "cuts."
JOSH ISRAEL
FEB 13, 2019, 9:14 AM
As Americans begin to prepare their 2018 federal tax returns, many are facing the unpleasant surprise that their tax refunds will be smaller this year or that they may even owe money to the government. This comes despite or perhaps because of the tax bill passed by the Republican Congress in late 2017 and signed by President Donald Trump, which Trump falsely promised would give everyone a tax cut, but actually raised taxes on many middle class Americans.
On Wednesday, Fox & Friends attempted to spin the situation, blaming taxpayers who should have somehow known to have adjust their withholding a year ago and should have saved more.
Noting that the average tax refund has dropped 8.4 percent since last year, guest and Fox Business Network host Charles Payne claimed Americans should have used their fatter paychecks more wisely.
Heres the thing. For the most part, the IRS is telling everyone that they just simply did not make the proper adjustments on the withholding at the beginning of the year. So they have been making all of this money, he said.
He added that employers and taxpayers should have known better, because the Internal Revenue Service put a lot more memos out about how to recalculate payroll deductions.
https://thinkprogress.org/fox-friends-tells-americans-its-their-fault-tax-returns-are-smaller-2e51d2abad11/
If you bozo's think that my blue state should become like Texas, or Mississippi, then guess what FU.
randr
(12,414 posts)is to loan the government more money interest free for longer.
world wide wally
(21,754 posts)Oh, I forgot. .. He is too smart to pay taxes.
spanone
(135,861 posts)Docreed2003
(16,869 posts)Will sit their silently nodding in agreement watching their TV screens.
walkingman
(7,655 posts)Dave Starsky
(5,914 posts)Their Orange God promised them they were getting a big tax cut. Is Fox News admitting that he... that he might not be... that he's (gasp!) NOT TO BE TRUSTED?!!
wasupaloopa
(4,516 posts)not enough was withheld. It looked like a tax cut rather than just a reduction of the withholding amount.
Dave Starsky
(5,914 posts)Or, more likely, they refused to believe it, even when told. "Fake news" and all that. Trump told them they were getting a tax cut, and that was enough for them. Why should they withhold more when they "knew" they would be paying less?
wasupaloopa
(4,516 posts)took it like the truth.