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Millions of Americans could be stunned as their tax refunds shrink

 

Millions of Americans filling out their 2018 taxes will probably be surprised to learn that their refunds will be less than expected or that they owe money to the Internal Revenue Service after years of receiving refunds.

 

https://www.washingtonpost.com/business/2019/02/10/millions-americans-could-be-stunned-their-tax-refunds-shrink/?utm_term=.57aaba568777

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The average tax refund check is down 8 percent ($170) this year compared to last, the IRS reported Friday, and the number of people receiving a refund so far has dropped by almost a quarter.

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The overwhelming majority of people getting money from the IRS are in one of two groups...they are getting someone else's money or they don't know how to manage their own money.

 

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Just now, BatteryPowered said:

The overwhelming majority of people getting money from the IRS are in one of two groups...they are getting someone else's money or they don't know how to manage their own money.

 

 

You're stupid. Tired of your inane comments.

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7 minutes ago, leftwinger said:

Millions of Americans could be stunned as their tax refunds shrink

 

Millions of Americans filling out their 2018 taxes will probably be surprised to learn that their refunds will be less than expected or that they owe money to the Internal Revenue Service after years of receiving refunds.

 

https://www.washingtonpost.com/business/2019/02/10/millions-americans-could-be-stunned-their-tax-refunds-shrink/?utm_term=.57aaba568777

^^^^^^^^^^^^^^^^^^^^

 

Quotes the CIA's $600 MILL newspaper...….fraud Libbie 

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4 minutes ago, leftwinger said:

 

You're stupid. Tired of your inane comments.

^^^^^this filthy qunt is bleeding like a pig......no pad or plug can hold it......shes furious

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The tax code treats all 1 percenters the same. It wasn’t always this way.

 

In 2014, for instance, you needed to make about $478,000 to be part of the 1 percent in the United States. You’d need five times as much income — about $2 million — to make it to the 0.1 percent. And the price of entry for the top 0.01 percent — the 1 percent of the 1 percent — was $10 million.

 

https://www.washingtonpost.com/us-policy/2019/02/11/tax-code-treats-all-percenters-same-it-wasnt-always-this-way/?utm_term=.5a8277a29146&noredirect=on

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8 minutes ago, leftwinger said:

Millions of Americans could be stunned as their tax refunds shrink

 

Millions of Americans filling out their 2018 taxes will probably be surprised to learn that their refunds will be less than expected or that they owe money to the Internal Revenue Service after years of receiving refunds.

 

https://www.washingtonpost.com/business/2019/02/10/millions-americans-could-be-stunned-their-tax-refunds-shrink/?utm_term=.57aaba568777

Really simple if actually honest.

 

A person becomes wealthy getting others to give up what they earn to stay alive trying to prove what the one person sells how to become larger than yourself in real life. Worlds of make believe now isn't Eternity and look what humanity institutionalizes geographically latitude and longitude by categorized attitude and platitude of superior inferior to actual life saving the fantasies of reality on the global stage sustaining theaters of doubt along party lines.

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But a brief glance at the tax brackets in place for the 2014 tax year shows that’s not the case. That year the top rate kicked in at about $430,000 for a head of household. Beyond that it didn’t matter how much you made — $430,000, $4.3 million, or $43 million — it was all the same as far as the tax man was concerned. The progressivity of the U.S. tax system stalled out at the top percentile of income.

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Just now, leftwinger said:

But a brief glance at the tax brackets in place for the 2014 tax year shows that’s not the case. That year the top rate kicked in at about $430,000 for a head of household. Beyond that it didn’t matter how much you made — $430,000, $4.3 million, or $43 million — it was all the same as far as the tax man was concerned. The progressivity of the U.S. tax system stalled out at the top percentile of income.

Stick with how it was defined, not how it actually worked as designated to accomplish ancestrally separating lifetimes into casts of people on a world stage always doubting why they exist at all.

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I challenge  the  liberals to  show that the  government  gives the rich  money.

 

 

I also  challenge the liberals  to explain how they  give the rich  money  they  claim was taken from people  who don't pay  income taxes.

 

 

Good luck libs.

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7 minutes ago, EltonJohnson said:

I challenge  the  liberals to  show that the  government  gives the rich  money.

 

Glad you asked. Here:

 

"1982 marks a milestone in the history of American income taxation, ushered in by President Ronald Reagan’s Economic Recovery Tax Act: It’s the first time that the tax code treats all income above the 1 percent threshold the same."

 

https://www.washingtonpost.com/us-policy/2019/02/11/tax-code-treats-all-percenters-same-it-wasnt-always-this-way/?utm_term=.5a8277a29146&noredirect=on

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More:

 

"Many economists believe that several decades of relatively low tax rates on top earners have contributed to the skyrocketing income inequality we observe today. As a 2012 Congressional Research Service report noted, the top tax rate cuts of the postwar decades “appear to be associated with the increasing concentration of income at the top of the income distribution,” while having “little association with saving, investment, or productivity growth.”

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8 minutes ago, leftwinger said:

But a brief glance at the tax brackets in place for the 2014 tax year shows that’s not the case. That year the top rate kicked in at about $430,000 for a head of household. Beyond that it didn’t matter how much you made — $430,000, $4.3 million, or $43 million — it was all the same as far as the tax man was concerned. The progressivity of the U.S. tax system stalled out at the top percentile of income.

You'll see the giant tax cut for the very wealthy at its most glaring if you look at the way the top tax tiers just vanished from 1981 to 1982.  The top tax rate was 70% on earners over $215,000.  Suddenly, everyone earning $50K or more got a huge tax break.  They took a little more from some larger groups to make it up, I suppose:  those making right about $50,000, and those making almost nothing owed more.  

 

https://taxfoundation.org/us-federal-individual-income-tax-rates-history-1913-2013-nominal-and-inflation-adjusted-brackets/

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Just now, splunch said:

You'll see the giant tax cut for the very wealthy at its most glaring if you look at the way the top tax tiers just vanished from 1981 to 1982.  The top tax rate was 70% on earners over $215,000.  Suddenly, everyone earning $50K or more got a huge tax break.  They took a little more from some larger groups to make it up, I suppose:  those making right about $50,000, and those making almost nothing owed more.  

 

https://taxfoundation.org/us-federal-individual-income-tax-rates-history-1913-2013-nominal-and-inflation-adjusted-brackets/

 

People who think Reagan was good for the economy don't understand our economy. He helped the rich get richer and punished the middle class. 

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3 hours ago, leftwinger said:

 

People who think Reagan was good for the economy don't understand our economy. He helped the rich get richer and punished the middle class. 

What is the middle class of the human population between 8 great grandparents, 4 grandparents, parents and their sibliblings, each lifetime that hasn't reproduced their biological replacement in the total population of this species in the moment here.  Economy govern's economic practices exchanging actual content for interpretation of value in symbolic to societal evolution format.

 

first question actual answer, parents.  Parenting always separates one generation from the other regardless parents become grand, or great when their replacements don't reproduce their own biological replacements while living through the moment here.

 

Really simple principle of life equally applied to any and all organic living forms, adapt or become extinct. Choice of how it gets done is up to all the individuals sharing the moment here when living their sole reproduced lifetime sustaining the population total sum so far.

 

ride the wave idiots.

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3 hours ago, leftwinger said:

 

People who think Reagan was good for the economy don't understand our economy. He helped the rich get richer and punished the middle class. 

So you don't think people making $50,000 or more (the middle class) should get tax breaks? People under $50,000 aren't the middle class.IMO, the middle class goes from around $40,000- $100,000.

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Untitled....I voted for Hillary to AVOID THIS DISASTER....and the gop gaining the Supreme Court

 

what did you do Election Day?

 

what did your Twin splunch do?

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YOU.....and your brothers RR and splunch helped put this POS and his party in Power

 

 

you're Stupid F's, and have no right to be here daily complaining about the trump and his Criminal party

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4 hours ago, leftwinger said:

Millions of Americans could be stunned as their tax refunds shrink

 

Millions of Americans filling out their 2018 taxes will probably be surprised to learn that their refunds will be less than expected or that they owe money to the Internal Revenue Service after years of receiving refunds.

 

https://www.washingtonpost.com/business/2019/02/10/millions-americans-could-be-stunned-their-tax-refunds-shrink/?utm_term=.57aaba568777

1.  Any wage earner who receives an income tax refund only does so because they were not intelligent enough to know that they were giving the federal government an interest-free loan.

 

2.  How does the fact you are getting a smaller refund make the rich "richer?"

 

3.  How does the fact that a billionaire has that much wealth EVER kept you from making as much money as you are capable of making?

 

(Watch this, folks!)

 

 

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4 hours ago, leftwinger said:

Millions of Americans could be stunned as their tax refunds shrink

 

Millions of Americans filling out their 2018 taxes will probably be surprised to learn that their refunds will be less than expected or that they owe money to the Internal Revenue Service after years of receiving refunds.

 

https://www.washingtonpost.com/business/2019/02/10/millions-americans-could-be-stunned-their-tax-refunds-shrink/?utm_term=.57aaba568777

That's right bitch, the government takes less, I get richer!

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