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lakeside7

Walmart detractors

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Serious tax problems in the U.S.A. Yesterday, announced that 60 profitable companies, in the Fortune 500, paid no corporate tax at all, in fact most of these 60 recieved rebates. Individual tax refunds are down $6 billion from last year. Donald Trump's older  sister, a federal judge, is/was under investigation for some family tax shelter thing, that Donald Jr. is also using. She resigned.

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Well we all know that 'figures can lie' or said differently in this case 'what is the rest of the story'.  What I read suggested that the reason for some of the $6 billion 'shortage' is due to the fact that people were getting less tax taken out of their paychecks "monthly" in 2018. Therefore, their tax 'refund' was not actually down, but rather some of it was dispensed to them over the preceding year. There is actually a 'program' going on now to educate people as to how they might change their W4s (how much money to take out) based on the new tax laws.

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1 hour ago, jonnyintrouble said:

Making her untouchable to prosecution.  I wish that family would just go somewhere and die. 

That is really a sad comment. That family has several children. You have lost all compassion for human life. :(

 

 

4 hours ago, CHILLIN said:

Serious tax problems in the U.S.A. Yesterday, announced that 60 profitable companies, in the Fortune 500, paid no corporate tax at all, in fact most of these 60 recieved rebates. Individual tax refunds are down $6 billion from last year. Donald Trump's older  sister, a federal judge, is/was under investigation for some family tax shelter thing, that Donald Jr. is also using. She resigned.

You don't have to be very intelligent to understand the implications of the new tax laws. Sadly, it shows the lack of such by those who are crying. But, then these are the same type of people who believe Medicare for all , etc., is a God send  :(

 

 

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