Dancind
Tinkerbell's Mom
- Joined
- Jul 25, 2001
Sounds like if you have two or more children, live in a low to moderate tax state, and don't have a large mortgage, the tax cut worked out ok for you. Grown kids, higher taxes, higher mortgage, is spelling disaster. We'll be in trouble when we move to OR I guess. Unless we're in trouble now in NM for self employment tax changes we didn't know about. I really, really hope these changes don't dampen the housing market, but I don't see how it wouldn't be affected. Many Americans have most of their net worth in their home.
Anyway, I think the people here on the DIS should be given some credit for having a brain and knowing how to make comparisons. If they say they're worse off with the tax changes, believe them. We were all told we were supposed to get a $4k break on our taxes, so the ones that weren't too worried about a little extra in their paychecks weren't being dumb. If there really was a tax break, it's reasonable to still expect a refund.
Anyway, I think the people here on the DIS should be given some credit for having a brain and knowing how to make comparisons. If they say they're worse off with the tax changes, believe them. We were all told we were supposed to get a $4k break on our taxes, so the ones that weren't too worried about a little extra in their paychecks weren't being dumb. If there really was a tax break, it's reasonable to still expect a refund.