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April 14, 2019

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Karen

I saw an almost 2,000 decrease in what I have gotten back from the Feds for about at least the past 6 years.Another lie from the idiot in the White House.

Rita

Hi Karen,

The American people are experiencing all kinds of slashing of government rules and services, some of which like tariffs hit us in the pocketbook. However, Trump's tax changes are a direct, visible hit to American's pocketbook.

I hope more voters will now see Trump for what he is, the tool of corporations who lied about wanting to help the average American.

Rita

Tom Sightings

How is Trump's tax affecting me? I honestly don't know b/c taxes are so incredibly complicated you can't possibly know unless you undertake an exhaustive and time-consuming analysis. My guess, for me, is that it's about the same ... fewer deductions, lower rate. What I do know is that Medicare cost me more this year b/c I sold a property last year which temporarily bumped up my income into a higher bracket and the IRS is counting me among the "wealthy" even though my income is back down again this year. I know, I know, I'm fortunate to have Medicare. But still I complain.

Rita

Hi Tom,

Yes, taxes are complicated. I dread doing them every year.

I'll need to get some tax advice for next year. If I can no longer deduct my expenses from my business, why keep track of my expenses and mileage? I wonder why they have a schedule C if the exemptions aren't allowed anymore?

Rita

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