Replies to post #300541 on Tornado Alley (PROG)

[fuagf]

JimLur, This from arizona1's, Why millions of people are getting hit with a surprise tax bill this year

[...]

This immediately lead the eagle-eyed David Dayen at the Nation .. https://www.thenation.com/article/how-the-trump-administration-could-game-paychecks-to-win-support-for-the-tax-bill/ .. to wonder whether Trump was planning to have his acting IRS commissioner (a political person rather than a tax enforcement professional, in an unusual choice to run the agency) deliberately reduce the withholdings to exaggerate the impact of the tax cut on people’s pocketbooks in advance of the midterms.

Since his article 14 months ago, no clear evidence of political manipulation has emerged. [Not yet.] But the July GAO report confirmed that this is indeed what happened — both taxes owed and withholdings went down, but withholdings went down too much. .. https://www.forbes.com/sites/kellyphillipserb/2018/08/04/report-suggests-more-taxpayers-will-owe-tax-in-2019-due-to-withholding/#837f3e65f0f4 .

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146715369

That surely must help you out. You really should read more of the board.

Re your, "Would appreciate input from those here that file their taxes rather than web site claims."

I personally prefer trustworthy expert analysis, and trustworthy stats, to personal anecdote.