Advertisement

Tony Katz Today

> Tony Katz > Tony Katz Today > Logic Alert: Why Your Tax Refund Might be Less in 2019

Logic Alert: Why Your Tax Refund Might be Less in 2019

A Moment of Clear Thinking with Tony Katz

(Joe Sohm/Getty Images)

Tax season is off to a slower start this year, and many early filers are seeing smaller refunds in 2019 than in years past. The obvious conclusion: Donald Trump lied, the rich aren't paying their fair share, and also, Russian collusion! 

All clear-thinking individuals recognize the obvious connection between lower taxes and smaller refunds, or course; however, WIBC host Tony Katz took time out of his busy schedule to explain the issue to the multiple persons venting on social media that they've been screwed by tax reform:

"When you get a refund, it is because you OVERPAID your taxes." 

"...But if you got a tax cut, which is to say you paid less, why would you assume you would get the same size tax refund as 2018? It's not a gift from the IRS; it's your money! Do people not understand that it's their money? Do people rely on it to pay bills and get caught up? Absolutely. You know what I call that? A massive problem. A giant, giant, huge, ridiculous problem."

Click the link below to hear Tony's full commentary:

(SIphotography/Getty Images) The Freedom Forum Institute just released a study that showed that Americans don’t...
(Theo Wargo/Getty Images) Donald J. Trump, Jr. recently wrote an op-ed about the tech industry that was on point...