Friday, January 22, 2021

2019 Taxes

BECAUSE OF FORMER PRESIDENT TRUMP'S TAX ECLUSIONS, our family's taxable income was $30,000 less than our actual income...  consequently, we paid less taxes...  and, for a retired couple on a limited, fixed income, paying less taxes is a good thing...

HOWEVER...
President Biden is going to DO AWAY with TRUMP'S reduced taxes...  which means that our taxes for 2020 will be based upon $30,000 of additional income...  consequently, we will pay more taxes than last year even though our income has not changed.

BIDEN has claimed NO NEW TAXES for people in our income tax bracket...

BUT...  that is a lie...

Even though we face no new taxes, our rates will still increase...

BIDEN is playing with words...

He did not raise our taxes, he just eliminated our deductions and/or exemptions...

DEMOCRATS LIE...


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