Tag Archive for: Tax Day

Tax Day is coming.

Monday is Tax Day, and we can expect a lot of confusion over refund size because of tax cuts. The common narrative by Democrats is the tax cuts benefited the rich at the expense of the middle class. But that’s incorrect, and we encourage you to spread the good news.

Here are two important things to remember when talking taxes and tax returns in 2019:

#1 — Refunds = Interest-Free Loan

Let’s not misunderstand what’s happening when you receive a refund from the government. The government is not giving you money, the government is returning your money. The money you receive in a tax refund is your money, but you’ve allowed the government to hold it interest free over the past year.

#2 — Check Your Paycheck

According to Money.com, smaller refunds are likely a result of larger paychecks — “In other words: ‘You’ve been receiving the tax cuts every two weeks’ for the past year.’” This is actually very good news given point #1. Because employers had to change how much money they withhold from employees under the new tax law, you get to keep more of your money throughout the year RATHER THAN having it returned to you via a lump sum during tax season.

Critics are likely to point to smaller refunds as proof that the tax cuts only benefited the wealthy, so use these two talking points to expose their false narrative.

TUESDAY TIP: Tax Day Talkers

While we’ve cheered the passage of tax reform at the federal level, there’s still plenty to discuss and reform at the state level. And Tax Day presents you with the perfect opportunity to do so!

One way to highlight the need for tax reform at the state level is to use comparisons. Comparisons are powerful, because oftentimes people don’t realize how good or bad their state’s economic performance is until they view it in light of neighboring states or the majority of states around the country.

But there are a lot of states, and a lot of numbers to accompany each state’s economic performance.

For this reason, we suggest you check out the American Legislative Exchange Council’s (ALEC) just released report Rich States, Poor States. It breaks down your state’s performance and outlook based on fifteen policy variables. This is a fantastic resource you should use to cite data points that support tax reform at the state level.

Now, go forth, play up that state pride, and use Tax Day for good!

B²: Tax Day

Tax Day is the worst.

It stands as a reminder of how much money we’ve given the government in the last 365 days (interest free!) thanks to a complicated code no one understands.

And yet, our debt is hovering dangerously close to $20 trillion. TWENTY TRILLION DOLLARS.

Everyone knows tax reform needs to happen, but the debate remains over when and how. As Capitol Hill prepares to have this tough conversation, the media is ready and waiting to ask you about it. Do you know how to talk taxes and tax reform?

Good thing it’s Tuesday, B² day.

Here’s this week’s likely media question and the B² (block and bridge) that sets the narrative straight:

Q: “You keep talking about cutting taxes, but we’re $20 trillion in debt. Shouldn’t we raise taxes on the wealthy in order to pay off our debt?”

(Option #1) B²: “Rather than asking Americans to pay more, Congress should be asking themselves how they can spend less. <Insert talking point>.”

(Option #2) B²: “Washington has a spending problem, not a revenue problem. <Insert talking point>.”

Wherever you take the conversation next, remember that it’s important to define the problem in order to fix it; let’s not get lost in the wonky weeds. Focus the conversation on spending and throw out a couple examples of absurd expenditures to prove your point. Most people will agree that simplification and transparency must be upheld as goals one and two in the tax reform process…