General Discussion
In reply to the discussion: I'm Old, on Social Security, and Just Finished Doing My Taxes [View all]JT45242
(2,359 posts)We are thoroughly middle class with wife who works part time and two kids. (Less than $100k) combined.
We normally get about $2000 back. This year we bought a new to us van. But thanks to the cap on SALT, we only got back $75. We would have owed if we didn't donate substantially to charity including a ton of charity miles.
My wife's boss asked the Republican BIG LIE "but didn't you have a lot less withheld, so you got the money up front?"
I had $10 less withheld per paycheck. So $260 up front to get hosed for 2 grand. Seems, I got shafted. While a friend who owns a ton of rental properties got about a $100,000 smaller tax bill.
Middle class and screwed. The target of the tax increase so that millionaires and corporations can get free money.