Friday, February 8, 2019

Culture Shock

Did my taxes this morning and was I surprised.
Thanks to this new tax plan imposed upon us by you-know-who, I ... a retiree expecting the usual heathy return must instead, for the first time in more years than I can remember, pay him.
What the heck!
If you’ve not yet done your taxes, get ready to be surprised ... and not in a good way.

6 comments:

  1. why would ole cheeto help those with less? I fear what I am going to find. But the top 1% have tax breaks out the arse!
    Everytime I see Pelosi doing that clap I laugh.

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    1. And the rich get rich, while the poor get poorer. I can't get enough of the Pelosi clap either. Plus, I love what her daughter said the look and clap was remanence of her teen years and it meant … "She knows and she knows that you know and frankly she's disappointed that you thought this would work. But here's a clap for you". LOL.

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  2. You, like us, probably have no deductions. And with high enough income, you then get taxed on social security payments. That surprised my husband the first year he drew SS. This year we got a small federal refund and bit more from the state. California seems to treat us better than the US. I've never understood why people say California is too expensive for retirees. We certainly don't find it that way.

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    1. Yep, no deductions, but still. Oh well … I guess he needs the money to fund his many golfing trips to Mar a Lago.

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  3. I read a post that said Netflix made something like $845M and not only didn't pay taxes but got something like $22M back. Yep. My figures may not be exactly right but they get the point across..

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