Tax Refunds 2019
Автор: Heritage Wealth Planning
Загружено: 2019-02-18
Просмотров: 2213
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Remember folks a REFUND is nothing more than getting back what you overpaid in taxes. That's it. If you get no refund that means you didn't over pay.
If you owe money, that means you paid too little.
Now are some folks paying more in tax? Yup and they ALL live in the high tax blue states. But that's not the fault of the Tax Cut and Jobs Act, ie, the Trump Tax Bill. That's their states unchecked tax and spending.
The Feds are simply not subsidizing the states tax policies as much anymore by allowing gigantic deductions off Federal tax payments.
The solution is not to blame Trump but rather your state legislature and governor, many of which will be Republicans, VT, MD, MA, NJ unti recently and even IL until last year. All run by GOP guvs and yet did taxes go down in any of those states?
Of course not! No incentive at all for those spendthrifts to lower their tax burden on their citizens when the Feds are subsidizing. Now that's changed, we may see a change. But don't hold your breathe.
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