Trump promised taxpayers they would take home more money because of his tax law. Now, millions of Americans who have filed their taxes are receiving refunds that are less than they expected.
Millions of Americans who have filed their 2018 taxes are learning their refunds are less than expected—or that they actually owe the IRS money.
Washington Post: “Millions of Americans filling out their 2018 taxes will probably be surprised to learn that their refunds will be less than expected or that they owe money to the Internal Revenue Service after years of receiving refunds.”
Americans’ tax refunds are hundreds of dollars less than last year, and millions fewer taxpayers are getting refunds at all.
USA Today: “The average tax refund issued so far fell to $1,865, down 8.4 percent from $2,035 at the same time last year, according to IRS statistics. The number of refunds issued also dropped by 24.3 percent.”
Taxpayers are angry about the GOP tax scam. They blame Trump for breaking his promises, and say they wouldn’t vote for him again.
“@realDonaldTrump just did my taxes and thanks for increasing mine!! No change in income and got back $400 less than last year. That campaign promise was one of the only two reasons I voted for you. Rethinking that decision now.”
“It totally feels like a scam. I did still get a small refund, but compared to what I was expecting from previous years, it was shock.”
“I got screwed. Widow with two young children and I try to owe $100 or less, because who likes loaning money to the government. And this year I owe $1,000.”
“I am really frustrated with my refund this year. I was expecting good chunk of change.”
“It looks like it was a bunch of gimmicking. I didn’t know how badly it was actually going to hurt.”
“As active as I got in the last election cycle and as active as I plan to be in 2020, this put more urgency behind it than almost any other thing that has happened.”
“My jaw hit the floor. I just started paying back my student loans. If I’d gotten the $6,000, I’d have paid off all my credit cards. I could’ve really used that money to eliminate it all.”
“Last year I got a $750 refund. And this year I owe $4,600.”
“I went from getting a huge check to writing a medium-sized check. That’s frustrating.”