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Erin Kappers
@erinkappers
, 3 tweets, 1 min read Read on Twitter
(1/3) Stop complaining about the average #TaxRefund being down nearly $200. This simply means, the taxes you paid to the govt last year outweighed the benefits you received from them by just $200.
(2/3) The #GOPTaxPlan reduced witholdings, which means you received MORE each paycheck, because the govt was taking less.
(3/3) If you were banking on a large #TaxRefund this year and are now finding yourself in a financial bind, I question how well you planned financially (maybe you should have been saving those extra earnings in each paycheck).
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Alamo_on_the_rise
@AlamoOnTheRise
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Christopher Ingraham
@_cingraham
This chart makes a pretty compelling argument that the federal corporate tax code is broken. Amazon paid no federal taxes on profits of $11 billion last year. washingtonpost.com/us-policy/2019…
The company’s effective federal tax rate was actually -1% — they received a rebate of over $100 million despite having no taxes to pay. By contrast, the poorest 20% of households pay an effective federal tax rate of about 1.5% washingtonpost.com/us-policy/2019…
It’s not just Amazon. Huge, profitable companies write their tax burdens down to 0 all the time thanks to the dizzying array of breaks and loopholes available to them in the tax code. washingtonpost.com/us-policy/2019…
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Baba97
@Baba9773
1) I was listening to Bloomberg Radio this evening and they had the former Fed President from Minnesota who now teaches at Rochester College.

He said that Chairman Powell was struggling with the fact that the unemployment rate was so low and yet inflation doesn’t seem to want
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He than said that the job of the Fed was to take our economy away from 3% growth and bring it to 2% growth.

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molly 🐶
@socialistdogmom
charlottesville city council tonight is an all-you-can-comment event! unlimited public comment -- just in time for them to do absolutely nothing about anything anyone says!
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Garrett Dimon
@garrettdimon
Being labeled "privileged" isn't an attack or insult. It's context. It's. not diminishing any work you had to do or challenges you had to overcome. It's simply observing and acknowledging that you had an easier path by virtue of benefits you received automatically.
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These are all elements of privilege that countless others don't have. Thus, it's undeniable that losing a leg would have been drastically more difficult for them. That doesn't diminish my challenges. It just understands for others, it's even more challenging.
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Kenny Stills
@KSTiLLS
Last month I took a road trip through the south to see the work being done in the fight for equality and social justice. Didn't spend much time on my phone because I wanted to be fully in the moment.

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