Why is very simple. Because you are not a f**king billionaire!! https://www.latimes.com/business/la-fi-new-tax-rules-confusion-20190125-story.html
Why don't people fix their W4 to pay nothing more the tax they owe? You're supposed to compare the tax bill, not the refund or amount owed!
The headline is about refunds, because the IRS changed the default withholding rate. ~95% of Americans will pay a lower tax rate due to the tax cuts. I'll pay more...
Source?
More reading: all the analysis you could ever want on the TCJA: https://taxfoundation.org/final-tax-cuts-and-jobs-act-details-analysis/
My federal taxes went up by $6k this year. About the same income as last year. Sure am glad they started witholding less (sarcasm).
My refund is bigger. Tax preparers can go to hell and fuck themselves.
If you are getting refund, you are not doing it right.
Giving interest free loan to government I see