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Under the trump tax bill, when u filed in April did you get a tax cut as promised?

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  • 12 months ago
    Favorite Answer

    That will be largely clawed back when you end up paying more for goods after the tariff (taxes) kick in when the taxed goods hit the retailers.

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  • RICK
    Lv 7
    12 months ago

    Yes

    And everyone who used the standard deduction before the new law and then used it again after the law got a tax cut, it weould be impossible not to, and that is roughly 85% of the population. Some who live in high tax states who itemize did psy more but that's less then 10% of the population. Getting a lower refund does not mean you paid more taxes, just means you had less withheld each chedck

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  • Anonymous
    12 months ago

    My family saved a little over $3,500.

    I know that is just "crumbs" to wealthy democrats, but to working folks like us it is real money.

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  • Anonymous
    12 months ago

    It was clearly a tax cut just for the rich. Trump got millions.

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  • Rick B
    Lv 7
    12 months ago

    Yes. And my current withholding is lower than it was last year.

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  • Anonymous
    12 months ago

    nope, I actually paid more on less earning because my state taxes went up and are not deductible

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