And the media will do everything possible to make a big deal out of people not getting big refund checks anymore.
How many will be gullible enough to bite?
Why no big refunds?
BECAUSE THEIR WITHHOLDING IS FAR LESS!
They’ve been taking more home in each pay check.
In many Democratic strongholds, such as New Jersey, New York and the District of Columbia, the average refund amount decreased, according to H&R Block, fueling discontent with the law, even though residents in those states got a tax cut on average.
Worse, the state and local tax, or SALT, cap really stung. Residents of high-tax states, encouraged by the elected Democratic officials, came to believe they were targeted to pay for the $1.5 trillion tax cut, even if they weren’t able to personally use the deduction.
“It is clear that they consciously exacted revenge on Democratic states like New York, California, New Jersey, Massachusetts, and Illinois by capping the SALT deduction, which is bad news for residents in those states,” said Representative Tom Suozzi, a New York Democrat.
Got that? It’s certain states that are causing the most pain to taxpayers. Not the feds.
More @ Trump Gave Americans a Massive Tax Cut. Few Are Noticing
How many will be gullible enough to bite?
Why no big refunds?
BECAUSE THEIR WITHHOLDING IS FAR LESS!
They’ve been taking more home in each pay check.
In many Democratic strongholds, such as New Jersey, New York and the District of Columbia, the average refund amount decreased, according to H&R Block, fueling discontent with the law, even though residents in those states got a tax cut on average.
Worse, the state and local tax, or SALT, cap really stung. Residents of high-tax states, encouraged by the elected Democratic officials, came to believe they were targeted to pay for the $1.5 trillion tax cut, even if they weren’t able to personally use the deduction.
“It is clear that they consciously exacted revenge on Democratic states like New York, California, New Jersey, Massachusetts, and Illinois by capping the SALT deduction, which is bad news for residents in those states,” said Representative Tom Suozzi, a New York Democrat.
Got that? It’s certain states that are causing the most pain to taxpayers. Not the feds.
More @ Trump Gave Americans a Massive Tax Cut. Few Are Noticing
