Last couple of days, the media were reporting that people were disappointed that refunds were lower than expected because of the tax cuts. Of course, they didn’t bother with telling people that the ‘refund’ is just the government sending back an interest-free loan you gave them or that less was withheld in the first place because the tax rates were lowered.
Nope, it’s Bad Orange Man has cut my refund!
Could some of these be the Rich who just lost parts of their home mortgage and state deductions??
The wave of those getting Yuge tax deductions is just starting.