...and I'm getting less back from the government that I got the year before.

Consequently, I got less back from the government last year than in 2008. And my salary hasn't changed in the last few years.

I'm sorta missing how Idi Amin Jr. cut my taxes like all the libs claim he did. I'm paying more now in income tax than I have in the past.

Me too. Hell in 2008 I owed the effers money. I claim single 1 for my military retirement and single 2 at my current job and I broke even last year.

Curious to see what happens this year...

I got about $150 more back ... Go Figure.

Than compared to last year . . .

Careful jpotts, you're going to run out of fingers . . . .

Withholding tables have been reduced, Pottsie. This talk about "what I got back" is starting to sound like a bunch of liberals. All that matters is what the heck you paid. What percentage of income compared to prior years? The money you "got back" was an interest free loan you gave your government out of the goodness of your heart.

^Of course the above does not apply to some of our Liberal friends collecting their EICs, CCCs and ACCCs. Some of them pay absolutly nothing in FIC, and still get big chunks of other folk's tax dollars handed over the them.

This post, including the title, is the most ignorant post I've seen this week.

Yep, it's smoke 'n mirrors that the Gubment uses. They reduce the withholding tables so it looks like you got a "raise". They hope you will spend that extra thereby helping grow the economy. You still owe the SAME amt of tax at the end of the year you just have LESS in that withholding acct. Which BTW is best for you unless you're not a "saver".

A very simple question remains unanswered. did you PAY more??? Unhappily, I expect to, but did you since you brought it up? Complaining you're getting back less is ridiculous and meaningless.
Poster above is correct, why give them an interest free loan? You don't really look at your refund as positive, do you? Why are you overpaying. Why don't you make more than before? Why should anyone care about whining? Why did I answer?

Frank

confused south of Boston

Received $750 back last year paying $800 this year with no change in witholdings and making less money!!!
Woo hoo.

It does suck when your income stays flat and tax laws change and you find you get hurt by the changes. I'm old enough that I recall the worst change ever for my family was early 80's. We were renting and Reagan took away all interest deductions EXCEPT mortgage interest...maybe left student loan interest too, but rates were very low then for school. We owed a bunch on credit cards (young and dumb) but when we purchased on credit it was with the knowledge that the interest would negate tax obligations and Reagan's changes destroyed us. I was a salaried stiff back then but had nice tv's and cars...soon they became a burden. Couldn't afford my lifestyle without the interest deductions. Started to deplete savings.

Very shortly thereafter I became self employed (straight commish sales) and willingly paid small penalties as a result of not paying quarterly estimates. Much preferred paying in April thus keeping all my money to make interest instead of letting the gov hold it all year. And bought my first house by 1985.

Moral is, in America you can figure out how to play the hand you're dealt if you can interpret the rules...I guess.

What do I know? I'm writing on a cigar forum.

Frank

Every year I do my taxes on Feb. 1st, and file on April 15th. I don't understand the people who like getting large refunds...I got a $8,000 dollar refund. No you didn't you let the goverment borrow 8 gran and then they gave it back to you without any interest. I try to borrow a few hundred every year without paying interest.

As I stated above

"You still owe the SAME amt of tax at the end of the year you just have LESS in that withholding acct. Which BTW is best for you unless you're not a "saver"."

Some people (actually maybe a majority of the population) don't have the discipline to save on their own. So when the gov't does it for them albeit sans interest (which these days isn't much anyhow) they perceive the tax refund check they get back as a windfall.

I've got about $20k less that we are reporting....

and I'm paying more than last year. By about $2K.



WTF?


Thanks, President Douchenozzle, and all the f*cking idiots in Congress.






fret


SMB

Hey I thought you were in meetings? Put the smartphone down!

lmfao....thanks Len...I'm on a conference calls, have to present in a few of them. Have to be in front of the computer, or else I'd be outside......



fret


SMB

if the question of taxes were that simple, there would be no need for CPAs and tax attorneys.

comparing the amount of a refund from year to year as a basis of total tax is just stupid.

there are thousands of variables that affect the amount of tax owed and the amount of tax paid in.

the only thing that getting a refund every year tells me about someone is that they are giving the gov't and interest free loan every year.

the original poster pretty much backed away from this one. Funny stuff.