Posted on Mar 11, 2019
How did the 2018 GOP Tax Cut affect you and your family?
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Okay, so I'm curious about what the masses think of the 2018 GOP Tax Cut that was passed last year.
I can tell you that I'm a bit shocked at what I owe this year, when I typically get a good refund from my Federal taxes. I ain't a happy camper.
I can tell you that I'm a bit shocked at what I owe this year, when I typically get a good refund from my Federal taxes. I ain't a happy camper.
Posted 6 y ago
Responses: 6
I have always tried to be as close to zero as possible. Not getting an interest free loan from anyone- why should I give it to Uncle Sugar? I also started traveling to drill which helped a bit. I paid less in my check so I came out very well.
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MCPO Roger Collins
Same here, but it’s near impossible because of the volatility of my investments. Paid $30K two years ago, last year resulted in a $1700 refund.
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The measure is how much tax did you pay. The refund is not a valid measure.
I had more gross income (a little more) and I paid a little less in tax. Therefore I must say it helped me. However, I will not be making any major purchases with the modest difference.
I had more gross income (a little more) and I paid a little less in tax. Therefore I must say it helped me. However, I will not be making any major purchases with the modest difference.
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MCPO Roger Collins
If you like giving the government a tax free loan, enjoy getting back your own money. The principle anyway.
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