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Fox News is blaming viewers their tax returns are smaller this year

NeverTrump

NeverTrump

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In the alt-right it's perfectly fine to blame the victim, especially victims of cons. Not all of us can have a time machine or a high paying gig on Fox News as a TV host Mr. Charles Payne

As Americans begin to prepare their 2018 federal tax returns, many are facing the unpleasant surprise that their tax refunds will be smaller this year or that they may even owe money to the government. This comes despite — or perhaps because of — the tax bill passed by the Republican Congress in late 2017 and signed by President Donald Trump, which Trump falsely promised would give everyone a tax cut, but actually raised taxes on many middle class Americans.

On Wednesday, Fox & Friends attempted to spin the situation, blaming taxpayers who should have somehow known to have adjust their withholding a year ago and should have saved more.

Noting that the average tax refund has dropped 8.4 percent since last year, guest and Fox Business Network host Charles Payne claimed Americans should have used their “fatter paychecks” more wisely.
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Fox News tells Americans to stop complaining about their shrunken tax refunds
 
The administration should have warned people. That said, a smaller return is technically (slightly) more money in your pockets. The smaller your return, the less money you paid the government in the form of an interest free loan. Owing the government money at the end of the year is better than being entitled to a return, because you only owe the money required by your tax bracket, you won't owe the interest you potentially earned on it by not having it withheld in the first place. You technically come out ahead when you owe. But you're right: People should have been warned. Unexpected tax bills shouldn't still be happening in 2019.
 
NeverTrump said:
In the alt-right it's perfectly fine to blame the victim, especially victims of cons. Not all of us can have a time machine or a high paying gig on Fox News as a TV host Mr. Charles Payne


Fox News tells Americans to stop complaining about their shrunken tax refunds
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Stupid Americans need someone to hold their hand and tell them what to do.

Anyone who actually bothered to know what was in the tax reform would have known what was going to happen.

I have zero sympathy for them.
 
NeverTrump said:
In the alt-right it's perfectly fine to blame the victim, especially victims of cons. Not all of us can have a time machine or a high paying gig on Fox News as a TV host Mr. Charles Payne


Fox News tells Americans to stop complaining about their shrunken tax refunds
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Well, it is the taxpayer's fault. If they were millionaires or billionaires, they would have gotten a bigger refund. They should have been real estate LLC owners instead of workers. It's 100% their fault.
 
Kamala Harris tried to run the same nonsense as the OP, i.e. Think Progress.
“The average tax refund is down about $170 compared to last year. Let’s call the President’s tax cut what it is: a middle-class tax hike to line the pockets of already wealthy corporations and the 1%.”
Anyway, even Glenn Kessler, yes, never Trumper Glenn Kessler WAPO's fact checker, gave it 4 Pinocchios.
You have to know she knows better but it does serve as her manipulator of the gullible.
Shows the level of bull**** some people want to believe.
The withholding tables were changed and your taxes went down.
If you live in a woebegone State like Kamala's, well you have to live with your mistake or get out.
 
Hatuey said:
I actually agree with FOX News on this one.

It is their viewers fault for voting for Trump.
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Sad thing is that some will vote for him again. The father-in-law of a colleague in my office is a plumber that did business with Trump. Sure enough, Trump stiffed him on payment -- and the plumber still voted for Trump!
 
bubbabgone said:
Kamala Harris tried to run the same nonsense as the OP, i.e. Think Progress.
“The average tax refund is down about $170 compared to last year. Let’s call the President’s tax cut what it is: a middle-class tax hike to line the pockets of already wealthy corporations and the 1%.”
Anyway, even Glenn Kessler, yes, never Trumper Glenn Kessler WAPO's fact checker, gave it 4 Pinocchios.
You have to know she knows better but it does serve as her manipulator of the gullible.
Shows the level of bull**** some people want to believe.
The withholding tables were changed and your taxes went down.
If you live in a woebegone State like Kamala's, well you have to live with your mistake or get out.
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The mistake was voting for someone who intentionally changed what was deductible for the middle class (e.g. property taxes paid) for the purpose of screwing citizens of states that didn't vote for him. The property tax deduction is a long-standing middle-class deduction. Capping it hurts the middle-class in states that have high property taxes (because the voters want excellent schools.)

I'm willing to wait around to make this a 2020 campaign issue.
 
lwf said:
The administration should have warned people. That said, a smaller return is technically (slightly) more money in your pockets. The smaller your return, the less money you paid the government in the form of an interest free loan. Owing the government money at the end of the year is better than being entitled to a return, because you only owe the money required by your tax bracket, you won't owe the interest you potentially earned on it by not having it withheld in the first place. You technically come out ahead when you owe. But you're right: People should have been warned. Unexpected tax bills shouldn't still be happening in 2019.
Click to expand...

The average dolt in the street simply does not understand this.
 
NeverTrump said:
In the alt-right it's perfectly fine to blame the victim, especially victims of cons. Not all of us can have a time machine or a high paying gig on Fox News as a TV host Mr. Charles Payne


Fox News tells Americans to stop complaining about their shrunken tax refunds
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You should have read the article. It explained it. People losing their state tax write offs and excessive interest write offs are paying more. I mean how can you guys bitch about the rich, when now they are paying taxes because they cant fit their lifestyles into a $24k standard deduction?

I guess a motivated dumb assed TDS’er would march into the CEO’s office and demand a cut in pay because he was too stupid to raise his withholding, or believe the critics. Maybe he should have been here reading your “Trump tax cuts are phony” posts. If they believed you, they would have increased their witholding.
 
noonereal said:
The average dolt in the street simply does not understand this.
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True. But there is something to be said for the argument that the Trump administration should have anticipated this and warned people. Regardless of whether or not you ultimately came out ahead, it sucks counting on a return that doesn't materialize, or worse, being faced with an unexpected tax bill. This was a foreseeable hiccup by the administration. Focusing on the positive doesn't help those supporters who bounced checks assuming things were business as usual, even if it was technically their own error.
 
Mycroft said:
Stupid Americans
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That's worse than Hillary calling a subset of Americans who are deplorable, deplorable. You know. I mean, like, as if you ever make sense in your posts.


Trump - representing Stupid Americans! Your posts are such transparently partisan nonsense. Why do you do it Mycroft?
 
MTAtech said:
The mistake was voting for someone who intentionally changed what was deductible for the middle class (e.g. property taxes paid) for the purpose of screwing citizens of states that didn't vote for him. The property tax deduction is a long-standing middle-class deduction. Capping it hurts the middle-class in states that have high property taxes (because the voters want excellent schools.)

I'm willing to wait around to make this a 2020 campaign issue.
Click to expand...

You'll have to.
Those high tax states where it might be an issue were never gonna go for Trump in 2020 either.
 
Serves the mindless idiots right.
 
Mycroft said:
Stupid Americans need someone to hold their hand and tell them what to do.

Anyone who actually bothered to know what was in the tax reform would have known what was going to happen.

I have zero sympathy for them.
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Hmmmmm. So the comrade admits it.
 
MTAtech said:
Sad thing is that some will vote for him again. The father-in-law of a colleague in my office is a plumber that did business with Trump. Sure enough, Trump stiffed him on payment -- and the plumber still voted for Trump!
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Trump is against unions, IMHO, yet the unionized plumber probably realizes Trump's capitalism is more beneficial than someone else's socialism. If socialism, the goals will be moral driven and not which companies are the best or liked by people the best.
 
MTAtech said:
Well, it is the taxpayer's fault. If they were millionaires or billionaires, they would have gotten a bigger refund. They should have been real estate LLC owners instead of workers. It's 100% their fault.
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Millionaires don't get refunds. You are entirely clueless about the tax system in the United States.
 
ajn678 said:
Millionaires don't get refunds. You are entirely clueless about the tax system in the United States.
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Anyone who pays more in (e.g. withholding, estimated tax, etc.) than they have tax liability, gets a tax refund.

I would suggest that it is YOU that is entirely clueless about this matter.
 
we just need a few more rounds of trickle down.
 
cabse5 said:
Trump is against unions, IMHO, yet the unionized plumber probably realizes Trump's capitalism is more beneficial than someone else's socialism. If socialism, the goals will be moral driven and not which companies are the best or liked by people the best.
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The self-proclaimed populist president is against unions.

I wouldn't read too much into the plumber's psychology. American workers, especially pro-life conservative-leaning workers who listens to Rush Limbaugh, have a history of repeatedly voting agains their economic interests by voting for Republicans, that are less likely to protect worker safety, less likely to protect workers' jobs, and less likely to benefit workers economically.
 
MTAtech said:
Sad thing is that some will vote for him again. The father-in-law of a colleague in my office is a plumber that did business with Trump. Sure enough, Trump stiffed him on payment -- and the plumber still voted for Trump!
Click to expand...

It is easier to fool someone than it is to convince them they have been fooled.
 
MTAtech said:
Anyone who pays more in (e.g. withholding, estimated tax, etc.) than they have tax liability, gets a tax refund.

I would suggest that it is YOU that is entirely clueless about this matter.
Click to expand...

Millionaires don't do this. If you actually believe that you are incredibly ill informed.
 
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