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Americans Not Happy with Trump Tax Plan’s Effect on Returns

Early results for American taxpayers seem to be a mixed bag, but there is hope on the horizon.

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As the US economy continues to roar, President Trump has been exalted as the CEO-in-Chief that we’ve always wanted and needed.

Consumer confidence was one of the first indicators of just how powerful a fiscal force he would be as President.  In the weeks and months after Trump was sworn into office, this index soared.  Where Obama could make an argument for some of his outgoing policies at least setting The Donald up for success, (maybe), there is no credit for 44 in that consumer confidence figure.

And, as we all know, when consumer confidence is high, the rest of the economy feels little less coarse.  The friction of our fiscal world lessens, like the “lubricating” effect of alcohol on one’s language.

Trending: Woman Flips Off Trump Supporters, Winds Up Crashing Car Into Car In Front of Her (Video)

President Trump then sought to bring this fiscal expertise to the tax game, hoping to spur the economy with his golden-heeled boots.

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Working class Americans aren’t so sure about this one, however, as their IRS filings begin to take shape.

The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government.

Take Andy Kraft and Amy Elias of Portland, Oregon. The couple had grown comfortable getting a small refund each year, a few hundred dollars or more. Then they found out they owe $10,160 this year.

“I will never forget the moment, I thought ‘We look good’ and then we added in the next W-2 and my jaw hit the floor,” Kraft said. “There was no way I wanted to believe that what I was looking at was accurate.”

So what is the issue?

President Trump promised a reduction in taxes with the new law. And by most measures, the majority of Americans will see one. The nonpartisan Tax Policy Center projected the tax law would reduce individual income taxes by about $1,260 on average, although it benefits higher earners more.

So not everyone will see a massive tax bill or a drop in their refund. Some people already saw the benefit in the form of bigger paychecks. That’s because the law forced employers to change what they withheld. But the system is far from perfect, and many workers didn’t have enough in taxes set aside. Now, the IRS wants that money.

In addition, the law also eliminated personal exemptions, increased child credits, limited popular deductions and generally upended many familiar practices that determine what happens at tax time. That has taxpayers feeling a bit unmoored.

Given the length of time in which these tax codes remain in place, there is no doubt that the 2019 filing year will be a far smoother and more predictable experience for many Americans.

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Breonna Taylor Protesters Aim Guns At Cops, Two Officers Shot & Transported to Hospital

They are out of control!

John Salvatore

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It seems like this happens once a year, doesn’t it? A black person is killed by the police and radical Democrats decide to riot, loot, and intentionally injure police officers. It doesn’t matter in the slightest if the black person was in the wrong. You know, because liberals solely care about race above all else. On Wednesday evening in Kentucky, at least two cops were shot and transported to a hospital. This could be a preview of what we’re likely to witness if President Trump is re-elected. LOOK: https://twitter.com/TaylerUSA/status/1308929806306746369?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1308929806306746369%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fbreaking-two-officers-shot-in-louisville-during-breonna-taylor-riots-video%2F https://twitter.com/KittyLists/status/1308926036965556232 https://twitter.com/FBILouisville/status/1308934715198648321?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1308934715198648321%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fwww.foxnews.com%2Fus%2F2-cops-shot-downtown-louisville-breonna-taylor-protests https://twitter.com/KittyLists/status/1308929369767723008 https://twitter.com/KittyLists/status/1308921053389959168 https://twitter.com/BGOnTheScene/status/1308829353120280576?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1308829353120280576%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fidentified-woman-who-rented-u-haul-handing-out-weapons-and-shields-may-have-soros-ties%2F From Fox News: A grand jury earlier in the day indicted one of the three officers who took part in the botched drug operation in her apartment targeting a man who did not live there and who was already in custody. The charges against former LMPD member Brett Hankison were for recklessly firing stray bullets that found their way into a neighboring family’s home. He was fired in June. ANOTHER: https://twitter.com/alexsalvinews/status/1308938521650974720?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1308938521650974720%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fbreaking-two-officers-shot-in-louisville-during-breonna-taylor-riots-video%2F And the doozy… https://twitter.com/KittyLists/status/1308928098709262339?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1308928098709262339%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fbreaking-two-officers-shot-in-louisville-during-breonna-taylor-riots-video%2F Pray for the shot officers.

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Rush: Judiciary Committee Needs to Skip Hearings, Go Straight to Floor Vote On SCOTUS Nominee

He has a point!

John Salvatore

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Considering how unbelievably evil Democrats acted toward Brett Kavanaugh, there’s little reason to assume they’ll give a pass to President Trump’s third Supreme Court nominee. Congressional Dems literally – literally – did everything in their power to ruin a man’s life, simply because they hate POTUS. The Man With the Nicotine-Stained Fingers makes an excellent point about this upcoming SCOTUS pick. Congressional Republicans, take note. From The Hill: Conservative radio host Rush Limbaugh urged Senate Republicans to skip the confirmation hearing process for President Trump’s soon-to-be announced Supreme Court nominee and head straight to a floor vote. “I want the Judiciary Committee — that could be great if it were skipped,” Limbaugh said Monday on his daily radio program. “We don’t need to open that up for whatever length of time, so that whoever this nominee is can be Kavanaugh’d, or Borked, or Thomas’d. Because that’s what it’s going to be, especially when it’s not even required.” WATCH: https://twitter.com/mmfa/status/1308100957390151683?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1308100957390151683%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fthehill.com%2Fhomenews%2Fmedia%2F517408-rush-limbaugh-encourages-senate-to-skip-hearings-for-trumps-scotus-nominee Here are the hypocritical tweets of Democrats from 2016 and 2020… https://twitter.com/DrewHolden360/status/1307414713098268673?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307414713098268673%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fthe-real-flip-flops-this-devastating-twitter-thread-reveals-democrat-duplicity-on-scotus%2F https://twitter.com/DrewHolden360/status/1307414725559545859?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307414725559545859%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fthe-real-flip-flops-this-devastating-twitter-thread-reveals-democrat-duplicity-on-scotus%2F https://twitter.com/DrewHolden360/status/1307414743381139457?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307414743381139457%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fthe-real-flip-flops-this-devastating-twitter-thread-reveals-democrat-duplicity-on-scotus%2F https://twitter.com/DrewHolden360/status/1307414820711542790?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307414820711542790%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fthe-real-flip-flops-this-devastating-twitter-thread-reveals-democrat-duplicity-on-scotus%2F https://twitter.com/DrewHolden360/status/1307414809349173250?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307414809349173250%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fthe-real-flip-flops-this-devastating-twitter-thread-reveals-democrat-duplicity-on-scotus%2F https://twitter.com/DrewHolden360/status/1307414731687366657?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307414731687366657%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fthe-real-flip-flops-this-devastating-twitter-thread-reveals-democrat-duplicity-on-scotus%2F https://twitter.com/DrewHolden360/status/1307414785240240132?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307414785240240132%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fthe-real-flip-flops-this-devastating-twitter-thread-reveals-democrat-duplicity-on-scotus%2F https://twitter.com/DrewHolden360/status/1307414737802735618?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307414737802735618%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fthe-real-flip-flops-this-devastating-twitter-thread-reveals-democrat-duplicity-on-scotus%2F

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