Today I Learned
Yesterday
1705
White male privilege is real
World Conflicts
10h
905
Why do Indians support Israel so much( on blind surprisingly) when Israel really thinks 💩of them ?
Tech Industry
Yesterday
2457
Do people underestimate E6 role at meta?
Tech Industry
Yesterday
1334
Companies that pay as much as meta
Personal Finance
Yesterday
675
Biden wants to raise capital gains tax to 40%
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!
Because most people aren’t so desperate for that last $10 of interest they lost.
Huh? So, they'd rather pay 1000s more to someone they don't owe and feel happy when they pay back?
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?
Here are 2 of many: https://taxfoundation.org/tcja-one-year-later/ https://www.politifact.com/new-york/statements/2018/mar/09/chris-collins/are-americans-already-benefiting-new-tax-law/
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