Moi
Active Member
$2,000 more than what?? Considering that there was no increase in the tax rates, I find it highly ulikely that you paid more in taxes this year due to an increase in taxes. I suspect that you either had fewer deductions and thus were taxed a lower rate but on higher income or you underestimated your withholding and you actually owed $2,000 this year as opposed to having receieved a refund last year.Originally posted by shadow 04
how come i paid 2,000 more this year after the great tax cuts of course i'm a lowly 40,00 a year middle class worker not a 200,000 with stocks up the ass and living from pay check to the next like the majority of the us population.
Whatever the reason, it is extemely doubtful that you are paying a higher percentage of taxes than someone making $200K. By the way, where do you live? I would bet you don't live in a high-expense neighborhood so your equating your lowly 40,000 (I assume you meant that anyway) with someone else's $200,000 is kind of ridiculous. You've no idea what a person making $200K actually pays taxes on...it all depends on their deductions- not necessarily on their income.