138 💥💥Commerce Secretary Howard Lutnick on Friday said that he has received confirmation from the president that the U.S. will eliminate income taxes on households making less than $150K a year, if he successfully balances the budget….. YUGE Step in the Right Direction!!! LET’S GO 👏👏 (twitter.com) posted 60 days ago by Oldpatriot 60 days ago by Oldpatriot +138 / -0 30 comments share 30 comments share save hide report block hide replies
I would assume that if this were to happen the Present Taxpayer would keep all of the money during the year , rather than have taxes taken out every paycheck…there would then be no money taken out to refund back…
Thusbl saving much administrative time and money for both parties.