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Under the trump tax bill, when u filed in April did you get a tax cut as promised?
6 Answers
- ?Lv 72 years agoFavorite Answer
That will be largely clawed back when you end up paying more for goods after the tariff (taxes) kick in when the taxed goods hit the retailers.
- RICKLv 72 years ago
Yes
And everyone who used the standard deduction before the new law and then used it again after the law got a tax cut, it weould be impossible not to, and that is roughly 85% of the population. Some who live in high tax states who itemize did psy more but that's less then 10% of the population. Getting a lower refund does not mean you paid more taxes, just means you had less withheld each chedck
- Anonymous2 years ago
My family saved a little over $3,500.
I know that is just "crumbs" to wealthy democrats, but to working folks like us it is real money.
- Anonymous2 years ago
It was clearly a tax cut just for the rich. Trump got millions.
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- Anonymous2 years ago
nope, I actually paid more on less earning because my state taxes went up and are not deductible