As tax season approaches, more and more people are finding out that Trump’s tax “plan” was designed only to benefit Trump’s buddies and campaign supporters – the rich. Most of Trump’s supporters are, however, not rich, and so they’re not having the best time without the typical relief of their tax refunds.
Weird that we haven't heard anything about economic anxiety since Trump got elected. It's almost like there was some other anxiety that got allayed since he came into office.https://t.co/8OwzEvOhJQ
— Elad Nehorai (@PopChassid) April 8, 2019
According to The Hill, looking at tax returns filed in March alone, the IRS is reporting that the amount they’re refunding to people is $6 billion less than last year. They’ve also processed fewer returns as people try to navigate the new rules put into place by Trump’s bill.
To be fair, the “average” refund is down by only $20 when you look at the raw data. It’s not yet clear how much of that average was affected by the mega-rich outliers getting back even more than their fair share than usual. Plus, if you listen to the average taxpayer, the hurt has been much worse than $20.
Thank you @realDonaldtRump & republicans for the worst tax season ever.
Tax forms are more complicated to complete.
Tax refunds are lower, or you have to pay in when you hadn't before.
The only ones who made out well with this #TaxScam are you and your wealthy buddies.
— McSpocky™ 👽🖖 🌀 (@mcspocky) April 6, 2019
Refund was before tax reform. After …. pic.twitter.com/YDwaZ1br7p
— Mike Pomatto (@Mike_Pomatto) April 7, 2019
My federal refund is usually around 5k but this year it is $700 (on same income)! This is because of the RIP OFF GOP TaxScam! Vote them out in 2020 !! #taxrefund
— Xvarady (@Crush61) April 1, 2019
It’s so bad that Wall Street has noticed a decrease in spending compared to previous years when people are typically out spending their tax refunds on cool stuff they’ve been wanting all year.
— CBS News (@CBSNews) April 7, 2019
Where exactly is all the money going that was supposed to make the average tax refund go up? Some die-hard Trump supporters are also claiming that less money is now withheld from your paycheck, which is why refunds are lower. Where’s that money, though? Whose paycheck went up without the help of the minimum wage laws that Republicans are opposed to?
Plus, these numbers are just for individual taxpayers. Small businesses were especially affected by Trump’s tax plan as many of the standard business deductions were eliminated. Retired persons also seem to be getting the shaft on this.
Well, if you can’t spend your money on things you enjoy, you can at least enjoy watching former Trump supporters turn on him faster than you can say “huge tax bill.”
My stepmom is upset that she has to pay $1800 in taxes this year after always getting tax refunds.
She voted for Trump.
HAHAHAHAHAHAHAHAHAHA you reap what you sow!
— Michael Jim Dwight (@imyourvolunteer) April 5, 2019
Thanks to the Trump tax cut I now owe $2,000 instead of a small refund! Why was the personal deduction of $8,100 eliminated. Donald, I voted for you for this? What a bunch of scumbags that get to play with people's lives.
— Michael J Grabowski (@MichaelJGrabow1) March 30, 2019
I voted for this crack pot President, what a mistake I made, getting screwed on my taxes, loosing roughly $3,500, my mortgage interest is not deductible, wtf? #TaxScam #goptaxscam #taxrefund #presidentsucks #TaxReturns
— Nick (@nickyd6865) February 5, 2019
Just completed taxes and nearly everything I prepared as itemized deductions got handed back (no longer qualifies). Being told most getting hammered, no refunds, owe and to expect same. Middle class tax break my ass, don't appreciate lies–I'll be changing parties.
— Ken Powers (@KenPowers_55) April 8, 2019
Last year, I received a tax refund of $4600. That was a typical refund over last (approx) 5 years. This year, I owe $585. No significant changes to income or expenses. Next year – I HELP VOTE THE GOP OUT OF POWER!!!!!
— peter wisniewski (@pwisniewski1) April 7, 2019
@POTUS thank you for screwing the middle class with your tax reform. I have never in my life, I’m 49 years old, had to pay into the IRS until this year. We have a combined income of 150,000. The middle class voted for you. I will not make the same mistake twice.
— Joel Serbin (@JoelSerbin) February 4, 2019
Voted for you . Family of
2 hard working N.Y. cops. Did taxes for years we would pay more and get a refund at the end of the year to help pay debt . First time in 30 years We had to pay more in Federal
Taxes. I’m disgusted
— Nycgirl (@nlnp99) February 5, 2019
I am a Republican voter. I just did our taxes.
The @GOP tax bill cost my family THOUSANDS of dollars this year on our return due to changes, thereby hitting us with the LARGEST tax increase of our lives.
We are middle-class homeowners, and you raised our taxes.
— Dennis Jordan (@DennisMJordan) February 5, 2019
Wait til you file your taxes. Middle class just lost half their return. Lowest refund I have ever had and I am 50yrs old. No wall and now this tax reform sucks too!! Starting to doubt Trump. I voted for him and trusted him too.
— Speziale-Matheny (@Speciale3886) January 27, 2019
@realDonaldTrump I voted for you, and believe in the things you are doing, but you screwed us middle class with taxes. I can’t itemize or anything. How about a flat tax and get rid of earned income credit. Some don’t earn income but get more back in taxes for having baby’s.
— Thomas DeLucca (@TDeLucca7728) February 3, 2019
@RepDonBacon I just finished my taxes and we're paying an extra 4k this year since exemptions are gone. With a High D HC plan, this has not been a good year. I voted for you twice now. What's the plan?
— Jay Wright (@nochcknstrps12r) February 3, 2019
I have to pay $2000 MORE in taxes this year! What happened?? I voted for you and thought you were fixing this, not making it worse!? I thought I would get money back this year!?
— Iamnewatthis (@sandynewtothis) February 1, 2019
You can repeat lies about how much money people paid in taxes last year but you can’t make people forget about getting screwed out of money they rely on each year. And they’ll be reminded in 2020.