Timeline for Did 80% of middle class families' tax burden decrease in 2018 because of Trump's tax cuts?
Current License: CC BY-SA 4.0
19 events
| when toggle format | what | by | license | comment | |
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| Jan 22, 2020 at 1:10 | vote | accept | CommunityBot | ||
| Jan 2, 2020 at 16:47 | history | edited | Paul Draper | CC BY-SA 4.0 |
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| Jan 2, 2020 at 8:56 | answer | added | Paul Draper | timeline score: 10 | |
| Apr 25, 2019 at 18:35 | comment | added | user11643 | A related source: cnbc.com/2019/04/25/… | |
| Apr 13, 2019 at 16:04 | comment | added | user11643 | CNN analysis: cnn.com/2019/04/13/politics/tax-reform-winners-and-losers/… Use that to make an answer if you want, I won't be able to get to it for a few more days. | |
| Mar 4, 2019 at 21:00 | history | tweeted | twitter.com/StackSkeptic/status/1102675195821731841 | ||
| Mar 1, 2019 at 23:04 | comment | added | user11643 | @dandavis "Middle class" is well defined. The claim is that "80 percent of [middle class families] had a lower tax burden in 2018 than they did before the president’s tax cuts took effect." It's very clear. | |
| Mar 1, 2019 at 22:17 | comment | added | dandavis | problems with the claim: the meaning of "significantly" and "middle class". | |
| Feb 28, 2019 at 3:21 | comment | added | Andrew Lazarus | After filing this year's return (I owe), I plan to fire up 2017 tax software and make a fake return with the same inputs as this year. (My income varies somewhat.) I'd like to know if owing money this April is a result of changes in the withholding tables, or a genuine tax increase. FYI, I would have owed money in April 2017 except for Estimated Tax payments. | |
| Feb 27, 2019 at 19:07 | comment | added | DenisS | This might be squeaky wheel syndrome, as people who saw even nominal decreases in their tax burden are unlikely to complain about it online, whereas people who had seen their tax burden increase (whether true or not) are much more likely to complain. But as @Henry said, the swarm of people with reduced tax returns is most likely due more with the change in withholding schedules that came from the tax plan than anything else. | |
| Feb 27, 2019 at 16:45 | review | Close votes | |||
| Mar 4, 2019 at 3:05 | |||||
| Feb 27, 2019 at 16:34 | comment | added | user11643 | @Brythan A good point, but that hasn't stopped the media buzz... | |
| Feb 27, 2019 at 16:25 | comment | added | Brythan | It's worth noting that we are currently in the middle of tax season. I.e. that most people who owe taxes (who gain by waiting as long as possible to file) haven't filed yet. If this statistic exists yet, it may be slanted. And it's possible that the statistic does not yet exist. If the first return was filed January 31st and the first refund goes out six weeks later, that would be in March. It's still February. This question may simply not be ripe yet. | |
| Feb 27, 2019 at 8:16 | comment | added | user11643 | @Henry Indeed, and my exact complaint when first seeing these articles. But I could straight ask the question they insinuate: that taxes are actually higher. I had to wait for someone to make a definitive claim. | |
| Feb 27, 2019 at 8:11 | comment | added | Henry | End-year tax refunds are a symptom of the in-year tax system failing to collect the correct amounts and instead collecting too much. The recent reforms included eliminating many itemized deductions, so reducing the gap. This has little to do with the level of tax burden. | |
| Feb 27, 2019 at 7:50 | history | edited | user11643 | CC BY-SA 4.0 |
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| Feb 27, 2019 at 7:39 | history | edited | user11643 | CC BY-SA 4.0 |
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| Feb 27, 2019 at 7:35 | comment | added | user11643 | I've decided to tag [trump] because such tax bills are often strongly associated with the president who signed them, such that they are even called "[president's name] tax cuts". | |
| Feb 27, 2019 at 7:34 | history | asked | user11643 | CC BY-SA 4.0 |