tv Washington Journal Open Phones CSPAN April 18, 2022 10:02am-10:12am EDT
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competition. every morning we will name one of our student winners. you can visit any studentcam documentary online at any time on c-span.org. >> c-span is your unfiltered view of government. we are funded by these television companies anymore. >> comcast is partnering with 1000 community centers to enable wi-fi enabled lists. >> comcast support c-span along with these other television providers giving you a front row seat to democracy. we are interested in your experience this tax year. are you paying more or less, getting a bigger refund, no refund?
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did the 2017 tax law help your situation or make it worse? we are interested in how the tax year went for you. do you think you pay your fair share of taxes? we will get your calls momentarily and look at other news as well this morning. the deadline was supposed to be friday, but for holiday reasons they pushed it to monday. those of you in maine and massachusetts, today's patriot day and we will get your deadline pushed until tomorrow, the 19th. here is with the irs posted friday about last-minute filers. they say the irs is or mining taxpayers that the deadline to file and pay taxes owed for most individual income returns is monday, april 18. the agency wants last-minute filers to know tax help is available to request an
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extension or make a payment. they say the irs encourages taxpayers to file electronically because tax software does the calculations, flags common errors, and reduces tax return errors. the fastest way to receive a refund is to file electronically and use direct deposit. we will have figures for you this morning on the tax year and who owes what and who pays what. one of the first figures is from the tax policy center on last year's taxes. 57 percent paid no federal income tax due to covid relief funds, job losses, and stimulus. that is up from 44% before the pandemic. the number of non-payers is estimated to decline in 2022 and 38% by 2029.
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they say in 2021 19% paid neither payroll nor federal income tax. the number of people paying neither was 17% before the pandemic, so this includes last year, the pandemic euro 2021. what was the experience like and do you pay your fair share of taxes? (202) 748-8000 for the eastern and central time zones. (202) 748-8001, mountain and pacific. the washington times looks at the tax day on their front page this morning. their headline, flood of tax returns adds to 20/20 backlog and delayed refund. they write that the internal revenue service is bracing for a flood of tax returns monday. the official deadline in a system beleaguered with delays. as of march, the irs had not processed more than 12 million returns from the 2020 tax year. the backlog will hamper the
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agency's ability to process this year's return. the agency is laboring with a personal shortage and growing document backlog. the irs is serving more people and entities in a global environment to than ever before while handling new and bigger responsibilities. here is more from the testimony covered on the c-span networks. [video clip] >> with respect to our current filing season, we are off to a healthy start in terms of text processing and the operation of our systems. we have processed more than 89 million returns, issued more than 63 million refunds totaling more than $204 billion. there are two distinct filing seasons, taxpayers who choose to electronically file our receiving refunds within approximately 21 days.
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many individuals have received refunds within three or four days of submission of electronic files. with respect to taxpayers who cement paper returns come our processing is first in, first out. we are processing 2.7 million returns still received in calendar year 21, so taxpayers who during this filing season file a paper return end up at the end of that stack. host: that is the irs commissioner. from the hill, harris and her husband report 1.6 5 million. it is tax deadline day. we are asking you if you pay your fair share of taxes. let's hear from alan in arizona. caller: good morning. thank you. longtime listener and i did file my taxes january 1.
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i got back my refund in march, so i was happy. in regards to taxes, to me it is not about taxes. it is about the economy and spending in congress, which is out of control and the crazy thing is, you hear when they pass a $3 trillion appropriation bill or whatever. it takes them forever to spend the money. they cannot even release the money to where it is supposed to go but the thing i always get to come out when biden shut down the oil in the united states and let other countries be more competitive than us and now we turn around buying oil from our enemies, it is ridiculous and i
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have always been of the convention that if we drilled through the united states that we could reduce the national debt by giving the american people the ability to have gasoline at about $1.50 a gallon. host: we will go to jim in texas. caller: we are headed toward a hard financial time where less individual people pay taxes and people who are paying taxes are paying more on top of a horrible economy where interest rates are all over the place. we have an inverted yield curve and we are headed into a recession within the next year. on top of that, you have the irs backlog and it seems for everyone across the spectrum
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times are about to get much tougher and we have to take a look at what we can do to mitigate it and try to do something different this november. host: tweets here, this one from steve who said i have paid more since the 2017 giveaway. i lost $13,000 in deductions, so even with the lower rate i pay more. this one says the reality is the u.s. tax code is skewed because it treats income from labor more harshly than income from capital. hopefully this will be referenced were discussed by a guest, linking to a pro public article. the tweet says when you are self-employed and it is up to you to make your own social security deposits if you do not the burden becomes great come tax time. this one says republicans plan to raise taxes on low income workers to pay for their 2017
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republican rich people tax cuts that are costing the usa and causing inflation and this says i think we pay our fair share. in 2021 come our effective tax rate was 14%. -- in 2021, our effective tax rate was 14%. do you think you pay your fair share of taxes? nick is in delray beach, florida. caller: first off, i get paid by the hour. i make less than $45,000 a year. i own a two bedroom home in delray beach, florida. my truck is paid for outright. most of that can be attributed to the 2017 tax cut. at work, i got a raise to my hourly pay because of the tax cut. my company did not want to root -- didn't want to do it because it -- but they received bad press because other companies were giving away bonuses, so i got a raise.
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