Members Lucky Posted March 9, 2019 Members Posted March 9, 2019 (edited) So I finally calculated my taxes, and I owe about $1600 on top of what was withheld. That's amazing. Before my partner and I married, we owed no taxes. The marriage penalty kicked in and we had to pay some. The elimination of the personal exemptions hurt the middle and lower class. I don't know anyone who has received significant cut. It appears the rich won this one. Edited March 9, 2019 by Lucky Quote
Members MsGuy Posted March 9, 2019 Members Posted March 9, 2019 And this was a surprise? ------ Part of the problem for the GOP is that Treasury massaged the withholding formulas so that folks getting a pay check would see some small increase from their "tax cut". Of course the shit hit the fan this year when people who usually got a nice sized refund, found they got squat or even owed money. You would think that some clever guy in the administration would have figured out that it was precisely their own base base who most often use their with-holding as a painless forced savings scheme. No vacation money, no new sofa for mama, no down payment for a pickup (or new tires for the old one). The base is pissed! AdamSmith and TotallyOz 1 1 Quote
Members OneFinger Posted March 31, 2019 Members Posted March 31, 2019 I was totally surprised that I was getting a federal and Oregon state refund. Only owed California $150 this year. So, retirement and the tax cuts seem to be working for me. Quote
