Saturday, March 2, 2019

Democrats critique of tax cuts both wrong and stupid

Democrats were saying that since average tax refunds were down that the Trump tax cuts weren't helping people.

This demonstrates the either complete dishonesty or the complete ignorance of Democrats about how the tax system works.

When you get a refund it's because you gave the government an interest free loan of your money.  Each week the government takes money out of your paycheck to pay your taxes.  If the government overestimates how much it should take you end up getting the money back as much as a year after the government confiscated it.

That has nothing to do with how much tax you're paying.  The amount of taxes you pay is independent of how much you pay in taxes.

We know that the vast majority of Americans, not just the rich, paid less in taxes last year due to the Trump tax cuts and that's all that matters.

If Democrats didn't know that they shouldn't be allowed to have anything to do with taxes but if they did know it and lied about it they shouldn't be allowed to have anything to do with governing since if they're willing to lie to we the people they're certainly not going to be bothered about passing laws that are good for Democrat politicians but bad for we the people.

Now it turns out that refunds are actually a bit higher than they were before so not only was the Democrat's attack stupid it was also factually incorrect.

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