I owe how much? Americans shocked by impact of new tax law
By SARAH SKIDMORE SELL
2 hours ago
Wait, I owe the IRS?
The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government.
Take Andy Kraft and Amy Elias of Portland, Oregon. The couple had grown comfortable getting a small refund each year, a few hundred dollars or more. Then they found out they owe $10,160 this year.
“I will never forget the moment, I thought ‘We look good’ and then we added in the next W-2 and my jaw hit the floor,” Kraft said. “There was no way I wanted to believe that what I was looking at was accurate.”
https://apnews.com/57ac6498374944f7bfb20660630c95f4
Again, the tax laws need to be repealed, and the Amazon's of the world and the people that run them and these corporations, that don't pay on dime, not one fucking dime, should pay, along with the Hedge Funds, Wall Street banks
Bring back the tax laws prior to 1959......................90% tax on earned income
= new reply since forum marked as read
it is not and has not ever been the opposite, no matter how they fame those two words "tax cut".
Now what are they going to say, delusional liberal, the "facts" are speaking out on what they neo-libertarian facts did, they set this up to go after the individual trust accounts down the road, namely Social Security..............this is just amazing, how people think in the short term........................
