It’s that time of year again — tax season. For the next few months, almost every single American will be a Ron Paul-style libertarian, on to revert back to their normal political lives when all is said and done.
Considering the vast majority of Americans are paying less in taxes than they ever have, it’s no surprise that President Donald Trump’s approval ratings are seeing a spike right now. That isn’t good news for Democrats, who are pointing out a very easily-explained trend in our taxes right now.
As you may have noticed, tax returns this year are considerably lower than they have been in the past. If you ask Senator Kamala Harris, it’s because Trump’s tax cuts were robbing the middle class as a gift for his wealthy conspirators. There’s just one problem — that’s not how any of this works.
To make a long story short, if you’re paying less in taxes, the less you’re going to get back. A tax return is basically a cashier handing you your change. If you’re getting a return at all, it means that you overpaid throughout the year, and the government is giving you your own money back.
Share this around to everyone who doesn’t understand the very basic idea of how taxes work.
~ Facts Not Memes
