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The government unnecessarily complicates taxation and offers you a pittance disguised as a tax refund as a reward for being so gullible. Stop your obsession with tax refunds. You essentially make your government an interest free loan and hope that your accountant is smart enough to get it back.
I consider it a victory when I have to pay taxes each year. I am more qualified to make decisions with my money than any politician or bureaucrat.
Quite a coincidence this 'news' comes out after Gov. Cuomo revealed NY is billions of dollars in the hole because rich people have moved to Florida to escape NY taxes!
More New Yorkers in Florida will turn FL from purple to Blue, and Californians moving to TX, will turn that State from red to purple, and then to blue. Not sure if GOP had this in mind, but it seems to be happening.
The government unnecessarily complicates taxation and offers you a pittance disguised as a tax refund as a reward for being so gullible. Stop your obsession with tax refunds. You essentially make your government an interest free loan and hope that your accountant is smart enough to get it back.
I consider it a victory when I have to pay taxes each year. I am more qualified to make decisions with my money than any politician or bureaucrat.
The US has one of the highest voluntary compliance rates in the world due to the tax refund structure.
Trump's "tax cuts" are specifically designed to raise taxes on the upper middle class in blue states. Precisely the people who voted overwhelingly against him.
It's about as petty and vindictive as you can get where tax policy is concerned. 'Petty & vindictive' is who trumpsters are, and it's what they voted for.
They SHOULD be paying closer to their fair share of the federal income tax. Formerly, their high state tax deductions let them duck paying federal income tax on those amounts, disproportionately so as compared to those who live in lower tax states who didn't get such a high deduction.
Baloney. Not sure what would make you believe that we're not paying our "fair share."
Originally Posted by Gantz:
All of the property owners in high tax low-child families in CA, NY, NJ, IL should be getting hammered right about now, and rightly so.
Taking too much in SALT deductions. That's what's keeping you from paying your fair share.
Look at this. We have middle class people arguing that other middle class people should be paying higher taxes, while the billionaire class and huge corporations just got a huuuuge permanent tax cut. The pennies associated with middle class pale in comparison to the multi trillion dollar windfall that was handed over to the billionaires. So the billionaires deserve the trillion dollar windfall so the country can go bankrupt over not getting enough revenue, but the middle class homeowner in the Dallas suburbs with an expensive home/high mortgage deserves a tax hike?(Or maybe it makes some more happy if it's a California homeowner rather than Dallas cuz Trump trained you to hate the blue states). Have some middle class Americans turned into a mouthpiece for the billionaire class, having turned on themselves and arguing over minuscule parts of the big picture?
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