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Epic High Five posted:pay out a whole bunch all at once AND volunteer to shrink the size of your paychecks? THANK YOU MR PRESIDENT those corporate tax cuts don't pay for themselves
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Apr 9, 2019 20:33
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This is what we call "tinkle-down economics."
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Apr 9, 2019 20:47
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Just-In-Timeberlake posted:those corporate tax cuts don't pay for themselves Those poor corporations were obviously being marginalized by those drat libs and their human rights laws!
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Apr 9, 2019 20:50
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The Tax Shellgame is super funny lol
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Apr 9, 2019 20:53
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Word life, this is basic Trumpanomics
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Apr 9, 2019 21:00
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I'm just surprised at a chud saying "ends meet" not "end's meat"
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Apr 9, 2019 21:06
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How is your tax system so hosed up? Even in hellhole Britain literally my only interaction with the taxman has been two cheques they sent me, unprompted, when they took too much.
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Apr 9, 2019 21:08
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Marxist-Jezzinist posted:How is your tax system so hosed up? Even in hellhole Britain literally my only interaction with the taxman has been two cheques they sent me, unprompted, when they took too much. Corporations pay for it to stay broken
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Apr 9, 2019 21:09
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Marxist-Jezzinist posted:How is your tax system so hosed up? Even in hellhole Britain literally my only interaction with the taxman has been two cheques they sent me, unprompted, when they took too much. Its so the wealthy can have ways to avoid paying taxes, while at the same time everyone has to pay a for-profit industry to prepare them.
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Apr 9, 2019 21:09
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Marxist-Jezzinist posted:How is your tax system so hosed up? Even in hellhole Britain literally my only interaction with the taxman has been two cheques they sent me, unprompted, when they took too much. the TurboTax corporation has enshrined obfuscatory tax systems in law, as of relatively recently, and have been lobbying for them forever with millions of dollars along with H&R Block and a few other places
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Apr 9, 2019 21:09
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Marxist-Jezzinist posted:How is your tax system so hosed up? Even in hellhole Britain literally my only interaction with the taxman has been two cheques they sent me, unprompted, when they took too much. in addition to the whole "conservatives want paying your taxes to be an annoying chore" their larger goal is to try and trick you into overpaying
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Apr 9, 2019 21:10
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Marxist-Jezzinist posted:How is your tax system so hosed up? Even in hellhole Britain literally my only interaction with the taxman has been two cheques they sent me, unprompted, when they took too much. regulatory capture! there's a whole industry worth tens of billions set up around keeping taxes as difficult and obtuse as possible so they can charge people to help them file for most Americans the government knows exactly how much you owe automatically and could, if not for industry interference, just send you a bill or a check automatically. This is how they know who to audit (the rich do not get audited)
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Apr 9, 2019 21:10
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mono posted:I changed my W4 to withhold the max amount last January (without paying extra) and I owed about $1900 this year gently caress every single one of these people.
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Apr 9, 2019 21:18
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Source4Leko posted:gently caress every single one of these people.
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Apr 9, 2019 21:23
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Demon Of The Fall posted:My family of 4 got $7.5k back, thanks Trump?? You gave the federal government an interest free loan, please conduct yourself accordingly next year.
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Apr 9, 2019 21:23
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Please, please Mr. President, we're sick of winning! We're so sick and tired we can't win any more!
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Apr 9, 2019 21:24
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Volcott posted:You gave the federal government an interest free loan, please conduct yourself accordingly next year. this is a false notion, the government doesn't need your money nor does it cackle while taking your excess withholdings and using it to buy chemicals to inject into children in border camps the government just prints any money it needs and anything collected in taxes is just used to offset any inflation that would result from this. at the end of the year if it finds it owes the nation at large X dollars, it doesn't pull it from some interest bearing account, it just prints more out and mails you that
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Apr 9, 2019 21:26
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also the IRS has stopped offering guidance that means a drat and no rules apply anymore, there is no "proper" way to comport yourself re: withholding except doing the max and hoping for the best
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Apr 9, 2019 21:28
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Epic High Five posted:this is a false notion, the government doesn't need your money nor does it cackle while taking your excess withholdings and using it to buy chemicals to inject into children in border camps Yeah, but you could've used that money for stupid bullshit all year instead of getting it back as a lump sum in April.
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Apr 9, 2019 21:28
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Volcott posted:Yeah, but you could've used that money for stupid bullshit all year instead of getting it back as a lump sum in April. but then you couldn't have used it for stupid bullshit all at once in April
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Apr 9, 2019 21:32
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waiting for him to run in 2020 and say all the tax increases they saw were actually from democrats and they will all believe it
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Apr 9, 2019 21:33
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Volcott posted:Yeah, but you could've used that money for stupid bullshit all year instead of getting it back as a lump sum in April. lol tax refunds are literally these people's only savings account
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Apr 9, 2019 21:39
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voted for bernie, got a refund fuckin owned chuds
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Apr 9, 2019 21:40
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Lord of Pie posted:voted for bernie, got a refund voted for Hillary, got a refund i'll take my bullet now please
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Apr 9, 2019 21:42
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When I was poorer, my tax return typically went to overdue bills or repairing my piece-of-poo poo car. I could definitely have used that money throughout the year.
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Apr 9, 2019 21:43
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my only regret is that I voted for Bernie, got a refund, but foolishly spent it on a rifle instead of something with good post-collapse uses like one of those machines that jerks you off
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Apr 9, 2019 21:44
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Philthy posted:waiting for him to run in 2020 and say all the tax increases they saw were actually from democrats and they will all believe it this is what who’ll happen
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Apr 9, 2019 21:57
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Volcott posted:You gave the federal government an interest free loan, please conduct yourself accordingly next year. People who get large refunds like this generally have withholding of zero and get that from the ACTC and EITC, by the way.
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Apr 9, 2019 22:01
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I was told I should post here, although I didnt vote for Trump because I'm not a complete loving moron (just mostly a moron). Thanks to Trump and his tax 'cuts', I owe way more in taxes this year. And it isn't because I wasn't withholding enough since I am an independent contractor and use a 1099. I make somewhere between 38-40k in income, but since I am a messenger who uses my own car, I used to be able to deduct a lot of milage. But not anymore! Last year I paid roughly 450 in federal and 330 in state taxes. I just found out that this year I will owe ~1500 in federal and 550 in state taxes. That is tripling my federal taxes and not quite doubling my state taxes. Thanks Trump and you greedy loving Republicans. I hope you all catch gonorrhea and burn in hell.
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Apr 9, 2019 22:05
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the irs withholding calculator I used last April was only off by 250% lol. it’s a lot of poo poo.
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Apr 9, 2019 22:06
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TMMadman posted:I was told I should post here, although I didnt vote for Trump because I'm not a complete loving moron (just mostly a moron). technically i only recommended you come here to gawk at people but of course all posting is welcome
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Apr 9, 2019 22:06
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Nottherealaborn posted:My wife and I owed back $4,000 thanks to the terrible withholding gently caress ups by the new tax plan. Guess we gotta just withhold extra this year. I talk to loads of customer at work and one guy got hit with 10k. Fuckin lmao.
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Apr 9, 2019 22:08
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Epic High Five posted:technically i only recommended you come here to gawk at people but of course all posting is welcome I suppose that is true, but I wanted to bitch some more.
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Apr 9, 2019 22:08
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TMMadman posted:I suppose that is true, but I wanted to bitch some more. u passed the tthread admission test, welcome comrade
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Apr 9, 2019 22:09
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my tax return went up!... To 23 bucks compared to 2 the previous year
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Apr 9, 2019 22:09
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Marxist-Jezzinist posted:How is your tax system so hosed up? Even in hellhole Britain literally my only interaction with the taxman has been two cheques they sent me, unprompted, when they took too much. So that conservatives can pass “tax breaks” where the average person’s taxes actually go up and so that corporations can make a profit off of doing your taxes for you. There is actual legislation to make it illegal for the IRS to make doing your taxes easier and cost-free because it would interfere with corporations that want to sell this “service” to you. This is an issue that has bipartisan support.
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Apr 9, 2019 22:12
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Homeless Friend posted:I talk to loads of customer at work and one guy got hit with 10k. Fuckin lmao. we had to get a real accountant for our taxes this year (lots of inheritance bullshit to deal with) and he told me that they were considering hiring a grief counselor back in january because so many of their clients were breaking down weeping in their office
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Apr 9, 2019 22:12
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Augus posted:So that conservatives can pass “tax breaks” where the average person’s taxes actually go up and so that corporations can make a profit off of doing your taxes for you. Just wait until what constitutes the personal tax breaks part of this bill sunset while the corporate ones remain
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Apr 9, 2019 22:16
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doesn’t the standard deduction go down every year ?
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Apr 9, 2019 22:17
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euphronius posted:doesn’t the standard deduction go down every year ? not sure, all I know is that what we're experiencing now *IS* the front-loaded and most pro-individual part and from here it gets worse and worse for regular people
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Apr 9, 2019 22:18
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