Last rant for income taxes for the 2025 tax year. I finally filed my taxes this year. My wife and I made $17,000 more in 2025 than we did in 2024. Thanks to changes in our tax situation, we lost $28,000 in tax deductions and another $12,000 in credits thanks to changes in the tax law, with the result of us paying $20,900 more in taxes for 2025 than we did in 2024.
That’s right- we got a $17,000 raise, but wound up taking home $3,900 less. Thanks a lot to the government.
Meanwhile, there are millions here in the US who don’t work, don’t pay taxes, and still hate me for paying their bills…
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