Originally Posted by
tinfoil
If you got a smaller tax return, it means you had more of your money that you earned throughout the entire year. If youy knew economics, you'd understand that the net present value is in your favor the smaller your return is. But you don't really get all that math stuff, do you?
Sure. When I was on a payroll, I declared more dependents in order to get as close to zero refund as possible. That's what most intelligent people do, but many know that they're giving the govt. an interest free loan by taking a larger refund when they file. They aren't capable of budgeting, and they like the lump sum.
Now...if everyone took home more per week as a result of withholding changes, that's one thing. If, as you say, math is your forte, then you should be able to explain to everyone why they didn't take home more during the week, and still paid in when they filed, or got a smaller return.
Once in a while you get shown the light, in the strangest of places if you look at it right.
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