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In reply to the discussion: Why Many Americans Are Shocked by Their Trump Tax Refund [View all]CountAllVotes
(20,866 posts)17. It is happening already!
See my post re: neighbors that have had to sell their home at a big loss (over 25%).
They are not rich, that is for sure.
WHO will be the next person that cannot afford to keep their home up that was expecting a good sized refund to do just that?
This is just the beginning, mark my words!
We seriously need to DUMP tRUMP as people are losing their homes NOW because no tax refund for some = no way to pay a mortgage on a home you bought 15 years ago and other outstanding debts!
Sickening situation at best!
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Also, there are people whose situations didn't change at all but they're paying now.
forgotmylogin
Apr 2019
#12
"Drop in withholdings"? Oh, you mean the amt the employer withheld from paycheck.
Honeycombe8
Apr 2019
#7
Even the lower earnings categories got a small tax cut, in the bracket rate.
Honeycombe8
Apr 2019
#23
True. The property tax cap hit upper middle class, or those in high-tax states.
Honeycombe8
Apr 2019
#33
Yes. The Repubs have been after mortgage interest & prop tax deductions for YEARS...
Honeycombe8
Apr 2019
#37
I was beginning to wonder if that was the plan. If the withholding was intentionally too little.nt
Honeycombe8
Apr 2019
#24
You were correct. He was able to deduct t $800 of $6000 in interest payments.
sinkingfeeling
May 2019
#38