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03-10-2017 11:03 PM  32 months ago
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rcmiket

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El Paso,Texas

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Tax Filings down from last year
Another interesting tidbit just popped up. The IRS is reporting tax filings are down from this time last year.

One explanation
The political rhetoric of President Donald Trump may be scaring some taxpayers. With the Republican promising to crack down on illegal immigration, undocumented immigrants may be afraid to create a paper trail with the government by claiming tax refunds.

John Hewitt, chairman and chief executive of Liberty Tax, raised the possibility in a call with analysts March 8. Undocumented immigrants often use individual taxpayer identification numbers (ITINs) rather than Social Security numbers to file. “Those ITIN filers are filing at a reduced level this year,” Hewitt said. They’re “probably fearful of the Trump initiatives.”
God I certainly hope so. That ought to save us tax payers a few bucks.

Mike
"When Inverted down is up and up is expensive"
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03-11-2017 07:34 AM  32 months ago
dilberteinstein

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texas - USA

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The billions flowing to Mexico will slow enough to pay for the wall and have enough left over for a few shots of tequila.90% of life is "showing up"
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03-11-2017 12:31 PM  32 months ago
rcmiket

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El Paso,Texas

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The left says President Trump is ineffective. He's gotten more done in 50 days just by showing up than Obama did in 8 years. Even in spite of every road block they can toss up.

Mike
"When Inverted down is up and up is expensive"
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