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Old 01-11-2018, 11:06 AM   #136
PatsFanLisa
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Just read that Trump is demanding the IRS to change the withholding tables so that employers will withhold less from employees' paychecks, giving them the illusion that they're getting paid more.

This will work until tax return time when they will likely owe quite a bit more.

Looking for some backup to this.
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Old 01-11-2018, 02:25 PM   #137
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Walmart made 12.9 billion and is giving many workers a $1k bonus.

It is also closing after the bonus announcement numerous Sam's Club stores and laying off thousands of workers. http://www.businessinsider.com/walma...-stores-2018-1

Last edited by PatsFanLisa; 01-11-2018 at 02:30 PM..
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Old 01-11-2018, 02:59 PM   #138
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Originally Posted by PatsFanLisa View Post
Just read that Trump is demanding the IRS to change the withholding tables so that employers will withhold less from employees' paychecks, giving them the illusion that they're getting paid more.

This will work until tax return time when they will likely owe quite a bit more.

Looking for some backup to this.
https://www.irs.gov/newsroom/irs-wit...sked-questions.

To be honest most people overpay their taxes hence the refund. Me personally I'd rather not over estimate my withholding. Why over pay the government just to get it back. It's up to the employee to make sure they're withholding the correct amount.

~Dee~

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Old 01-11-2018, 03:32 PM   #139
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https://www.irs.gov/newsroom/irs-wit...sked-questions.

To be honest most people overpay their taxes hence the refund. Me personally I'd rather not over estimate my withholding. Why give the over pay the government just to get it back. It's up to the employee to make sure they're withholding the correct amount.

~Dee~
I pay an extra $5 to the state in every paycheck. It's kind of an insurance plan.

The day I have to write a check to the government on top of my withholding, is the day you see me in the news. I am insuring against that with my $5.
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Who is this self-important instigating douche-bag, anyway?
Dude, Baron has been a valued member of this forum for quite some time.
Gun Free zones are Safe Spaces for active shooters.

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Old 01-11-2018, 03:45 PM   #140
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Whenever someone tells me that they got back x thousands of dollars in from their tax return I say "The US government thanks you for the interest free loans last year".
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Old 01-11-2018, 03:47 PM   #141
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Originally Posted by Baron Samedi View Post
I pay an extra $5 to the state in every paycheck. It's kind of an insurance plan.

The day I have to write a check to the government on top of my withholding, is the day you see me in the news. I am insuring against that with my $5.

And you told them to withhold the extra $5.00 correct? You can choose how much or how little to withhold not the government, your employer, or the IRS.

I seriously see no difference between not withholding anything and putting into an account to pay later and having your withholding increased to insure you don't have to pay at the end of the year. It's your money you know what you owe to the IRS it's going to get paid regardless of when they get it.

~Dee~

---------- Post added at 03:47 PM ---------- Previous post was at 03:46 PM ----------

Quote:
Originally Posted by Darth Despot View Post
Whenever someone tells me that they got back x thousands of dollars in from their tax return I say "The US government thanks you for the interest free loans last year".
Exactly

~Dee~
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Old 01-11-2018, 05:40 PM   #142
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Originally Posted by deec77 View Post
And you told them to withhold the extra $5.00 correct? You can choose how much or how little to withhold not the government, your employer, or the IRS.

I seriously see no difference between not withholding anything and putting into an account to pay later and having your withholding increased to insure you don't have to pay at the end of the year. It's your money you know what you owe to the IRS it's going to get paid regardless of when they get it.

~Dee~[COLOR="Silver"]

~Dee~
You're totally correct.

But it's not the money, it's the principle. If I have to write a check at tax time, I'm not doing it. I know me. I'll probably send them an envelope with a photo of my balls, and a note to come and get their fking check. I'll be waiting for you.

Thing is, I have a wife to worry about nowadays...so I can't do that.
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Who is this self-important instigating douche-bag, anyway?
Dude, Baron has been a valued member of this forum for quite some time.
Gun Free zones are Safe Spaces for active shooters.

Who would Jesus bomb?

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Manafort -> Podesta Group -> Clinton Foundation
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Old 01-11-2018, 06:08 PM   #143
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Quote:
Originally Posted by Baron Samedi View Post
You're totally correct.

But it's not the money, it's the principle. If I have to write a check at tax time, I'm not doing it. I know me. I'll probably send them an envelope with a photo of my balls, and a note to come and get their fking check. I'll be waiting for you.

Thing is, I have a wife to worry about nowadays...so I can't do that.
Everyone is different me no way am I giving them anything until I absolutely have to

~Dee~
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Old 01-14-2018, 12:39 AM   #144
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Whenever someone tells me that they got back x thousands of dollars in from their tax return I say "The US government thanks you for the interest free loans last year".
I, too, say this. Not only are you lending them free money, you are also screwing yourself out of getting some interest on that money for yourself.

I see it as a lose, lose for people that get 1000's back.
DON'T USE THE ****ING FED/STATE GOVERNMENT AS A SAVINGS ACCT.

SMH at those that do.
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