Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

NYT Corrects Piece About Couple’s Tax Increase Under New Law to Admit Their Taxes Would Go Down
freebeacon ^ | Alex Griswold March 7, 2018 | Alex Griswold March 7, 2018

Posted on 03/08/2018 1:29:52 PM PST by MarvinStinson

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-24 last
To: bgill
My take home went up a whopping $25/mo. Party time! Woo hoo!

It would have went up under Hillary a lot!

“We’re going to take things away from you on behalf of the common good.” quote from Hillary Clinton.

21 posted on 03/08/2018 8:34:28 PM PST by cpdiii
[ Post Reply | Private Reply | To 5 | View Replies]

To: MarvinStinson

Hell of an advertisement for TurboTax.


22 posted on 03/08/2018 8:40:53 PM PST by Lurkina.n.Learnin (Wisdom and education are different things. Don't confuse them.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lurkina.n.Learnin
"An earlier version of this article incorrectly described the probable effect of the new tax law on a hypothetical couple's 2018 tax bill," the correction dated March 2 reads. "The TurboTax ‘What-If Worksheet' that generated the projection for their 2018 taxes failed to indicate that the couple would probably be entitled to claim a sizable deduction for income earned from consulting."

"As a result of that deduction, the amount they would likely owe on taxes would decline by $43, not rise by $3,896," the Times admitted.

"Hell of an advertisement for TurboTax."

23 posted on 03/09/2018 3:28:19 AM PST by MarvinStinson
[ Post Reply | Private Reply | To 22 | View Replies]

To: MarvinStinson

FWIW, my small March pension check reflected a reduction in taxes in the amount of $53.......That’s just over $600 per year........ Since my social security requires a minimum of 10% withholding, next year’s tax filing will likely be a larger refund.


24 posted on 03/09/2018 3:38:59 AM PST by Hot Tabasco (My cat is not fat, she is just big boned........)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-24 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson