IRS raises income threshold and standard deduction for all tax brackets

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I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

magen-bn
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Why do I suddenly feel even more worried about the economy...

robertpaulson
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It is insane we are paying federal+state+sales+highest property taxes…I’m paying +%50 of my earned salary back to the government and states …my money is going to Ukraine and Israel instead of we can get a better healthcare system or infrastructures here in the USA 🇺🇸!

top
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It's a lie. Instead we're not seeing a refund at all for a 2nd year in a row as divorced parents that co-parent.

MindYourOwn
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Congratulations to everyone who is now poverty class! 🎉

lookarabbit
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Do not use PayPal or Venmo apps to make payments they will go out of business if nobody uses them for payments, if we go down they will go down with us.

daniel
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This is BS, it sucks if you're middle class and single, because my tax return was way less this year than last year

VVV
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bs i had 2 j0bs and i got no return and had t0 pay 1300 more case my wife has ssi they made me pay tax 0n her ssi.

ephraimwarrior
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Quite possibly the best economic news to come out of Brandon's abysmal administration. Yet our dollars will still be worth less than the adjustment

conrmckocoa
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Well, make well under the 400k that the regime said would be ok, and now owe 7k, this is criminal…🤷🏻‍♂️

kd
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I FEEL LIKE THE HOLE SEASON IS OVER, I'M TRYING
TO GET INTO TRADING AS A ROOKIE, BUT I've HAD
SO MUCH LOSS TRYING TO TRADE ON MY OWN,
PLEASE WHAT STRATEGIES DO I NEED TO EARN
PROFITS FROM THE MARKET

fflk
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C’mon GOP, abolish the IRS and the income tax.

lucristianx
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at this point i’d prepare as if getting a tax refund won’t even be a thing soon

devinstallworth
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Math isn't mathing here. We have to PAY taxes this year. Last year we received a refund.

chaddavis
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Well that's great!😒Next year when we are really in the pitt

LoveLife-gvjg
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Yeah right.. you get to keep more if you're rich. I'm married filled jointly and it screwed us big time. We got on a higher tax bracket and on top of that we almost got no return. Literally almost nothing.

DaBeezKneez
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This a great video, I learn alot watching your videos and it has been helpful to me. building a steady income is quite difficult for newbies. Thanks to Mrs Leerah Hughs for improving my portfolio,
keep up with good videos

timothyandrews
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Will be able to keep more of their own money.

🤣🤣🤣🤣

pearlmax
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All the people who voted for Biden lol I bet you miss Trump now huh

tlazo
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It only lowers your taxable income, NOT your taxes. At a 20 percent tax bracket, a $900 increase in the std deduction will only save you 20% of $900, or $180. Big Deal.

Greatdome