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Old 02-07-2019, 10:07 PM   #1
sammy the sage
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Join Date: Jul 2003
Location: central fla.
Posts: 4,874
The so called tax breaks...Touted by Trump & republicans...eerrrrr

and many here....no so fast...especially for THE disappearing middle class...of WHOM many will be paying MORE this tax season...those votes will matter down the road...

https://www.yahoo.com/lifestyle/midd...211032057.html

From the article...

""And while most of us will be putting off tracking down our W-2’s until early April, some people have already managed to file their taxes. And among those early birds, many in the middle class have been shocked to find that instead of the nice little chunk of change they were expecting with their return, they actually owe money to Uncle Sam.""

""What’s the reason for this financial switcheroo? It stems from President Trump’s tax reform, which was passed in 2017 and was touted by Trump and the GOP as a win for the middle class. However, with the new tax system now in place, Americans are discovering that most of the tax relief from the bill is actually being experienced by corporations.

Meanwhile, many people are seeing an increase in taxes due to the bill eliminating many of the deductions that were used by middle-class families in order to lower the amount of taxes they were required to pay. Most notably, the tax reform placed a cap on deductions for taxes on both state and local levels.""
__________________
got handed a lemon...make lemonade....add sugar or brown sugar or stevia or my personal favorite....miracle fruit....google it...thank me later...
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