48°F
weather icon Clear

Lower tax refunds and the Trump tax reform

In response to complaints about smaller tax refunds:

I’m a middle-class retiree. My refund was smaller than usual. But the IRS had withheld less from my checks last year so my take-home pay was higher. When I compared my 2018 return with my 2017 return, I found that, because of the increased standard deduction and the new tax scales, my tax bill was significantly smaller.

I also do my 76-year-old mother-in-law’s taxes. She lives frugally on Social Security and a small survivor’s pension from her late husband. Her tax bill fell to nearly nothing, which was appreciated. Thank you, President Donald Trump.

Don't miss the big stories. Like us on Facebook.
THE LATEST