Did you think that tax cut was for you?

Latest

 
A trending hash tag on Twitter is #GOPTaxScamStories. It is flooded with acid comments from outraged middle class taxpayers who have recently filed their returns and are getting screwed by Trump’s “middle class tax cut.” Many who had been getting several thousand dollars in tax refunds are now having to pay taxes. They are finding out the hard way the tax cut was really for the 1%.
In fact, from 2001 through 2018, changes to the federal tax code have reduced revenue by $5.1 trillion, and 65% of the savings went to the richest fifth of Americans, with 22% of the savings going exclusively to the top 1%.
Here’s a selection of outraged comments from Twitter:
“I am a Republican voter. I just did our taxes. The @GOP tax bill cost my family THOUSANDS of dollars this year on our return due to changes, thereby hitting us with the LARGEST tax increase of our lives.”
“I trusted and voted for you, now, screwed by you. I fall JUST above a tax bracket, I don’t get the $5000 return I’ve gotten the last 3 years. Money my family depends on to start us over. I served my country honorably. I will not make the same mistake twice.”
“My husband and I both work full-time jobs, and I another part-time job. We both elected for the highest deduction of taxes. Tell me, how is it we suddenly owe over $300 in federal taxes when we generally get a refund?”

+ Articles by this author

The People’s Tribune opens its pages to voices of the movement for change. Our articles are written by individuals or organizations, along with our own reporting. Bylined articles reflect the views of the authors. Articles entitled “From the Editors” reflect the views of the editorial board. Please credit the source when sharing: peoplestribune.orgPlease donate to help us keep bringing you voices of the movement for change. Click here. We’re all volunteer, no paid staff. The People’s Tribune is a 501C4 organization.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Featured

I Wish I’d Been Wrong … But Here We Are

The America we remember isn't waiting on the other side of the next election. The path is forward; we don't get to go back. We can only decide what comes next.

Trump Admin Trying to Deport Witnesses Who Contradicted ICE Claims About Fatal Shooting

The Trump administration is trying to deport three witnesses to the ICE killing of Lorenzo Salgado Araujo.

NY Mayor Mamdani Gives Stirring Address Marking America’s 250 Years

"The work of fulfilling the values first enshrined in the Declaration of Independence, that work endures and it belongs to us all," said New York City Mayor Zohran Mamdani in a stunning address to New Yorkers on the 250 years since the Declaration was signed.

Cuba’s Education in Crisis: Closures at the University of Havana

Young Cubans could lose the promise of a free, universal education, and consequences of the Cuban blockade stretch to communities around the world that have long depended on Cuban-trained doctors and teachers.

When Your Car Isn’t the Only Thing Being Tracked

A new generation of surveillance technology promises to do far more than read a license plate. II can detect and correlate the electronic signals constantly emitted by devices traveling with your vehicle.

More from the People's Tribune