Taxpayers will pay less in 2023 thanks to inflation

Since tax rates are automatically adjusted for inflation, there will be a higher cutoff for all seven income tax brackets and a higher standard deduction.

[joebagofdonuts]

These people really think we’re that stupid.

[saltypyro]

😅🤣😂🤣😅 But we pay $7 a gallon of gas. $5 for a gallon of milk. $8 for a pound of hamburger meat. Yay, scraps for the peasants.

[RayJackson]

That's not how inflation works...

[jondickinson]

Well yeah, when you make less you pay less on your earnings. I'd rather make more and pay more...

[deadname...]

But I thought the Inflation was transitory and minimal.

[michaelsanders]

Thanks to inflation taxpayers will pay less for things because we can’t afford to buy anything anyway GENIUS!

[pantherinparadise]

I pay double for gas, cut my tax in half please

[bannedvids]

Yeah right because nobody's making any money thanks Joey 🤬

[trollking]

We are not paying less taxes, that's a lie.

[jeffreyking]

Such great news! The media is incredible. We're so lucky to have this administration and the news media to keep reminding us of how wonderful things are. Good lord help us....

[bashns]

But but...there was enough money to send to Ukraine though! Billions and billions of dollars. Oh well, the American people can have the scraps.

[fermiticus]

Yeah, great...still not enough to make up the difference we're having to pay in sales tax (higher price = higher tax).
These A-holes take OUR steak, then throw the gristle at us and pat themselves on the back for "helping the people".

[sufyb]

The rise in inflation cancels out the benefit. You're welcome.

[Critical-Thinker]

So we'll benefit when Joe is out of office. Yes, we know that for sure.

[Cherrymochiixx]

That's bull shite why we got to wait a whole another year that's the IRS

[mattkelly]

I have a feeling this isn’t gunna age well. Bet only the rich benefit.

[JohnAranita]

I'm going to get a pet Cockatiel with the next refund. I already got his/her cage. : - )

[conrmckocoa]

But your dollars will be worth even less

[conrmckocoa]

Inflation is up 8.4% THIS YEAR. Who knows about next year. They are playing this off as good news! Maybe it is the best new out of this regime

[chiraqth]

Oh boi we on that down hill slide now ya hurd