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Detailed text transcripts for TV channel - CNN - 20190212:04:25:00

Companies change withholding patterns so they gave workers more tax cut week after week so they got a small return. thats a good deal for taxpayers. you rather have the money up front or get the money at the back end. thats the explanation. it is not that people did not get the tax cut, they got the tax cut each week out of their paycheck but rather than a refund check. >> yes, as stephen says most of the tax cuts were given out to lower withholding however frequently people were paid. the probl...
Tax Cut Withholding Patterns Mo Ney Back End Tax Cuts Stephen Moore

Detailed text transcripts for TV channel - CNN - 20190212:08:24:00

Year, thats a nice tax cut if you are making 70,000 or $80,000 a year. whats interesting is we are figuring out why these tax refunds coming in lower than last year. it looks like what happens is companies change withholding patterns so they gave workers more tax cut week after week so they got a small return. thats a good deal for taxpayers. you rather have the money up or give the government an interest free loan. front or get the money at the back end. thats the explanation. it is not that pe...
Tax Cut Withholding Patterns Mo Ney Back End Tax Cuts Stephen Moore

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