Victoria Pearl-Wright, a new mother and small business owner, told MSNBC on Monday what it was like to discover she owed “thousands” in taxes to the IRS, thanks to tax reforms championed and passed into law by President Donald Trump and the Republican Party, saying she broke down in tears.
“Typically I enjoy tax season because it’s easy for me to do and we typically get a refund,” Pearl-Wright said. “I get it done as soon as possible.”
Pearl-Wright, who has a three week-old child, had been expecting a refund of about $5,000, which she had planned to use to “cover the cost of her unpaid maternity leave,” said reporter Jake Ward. Instead, she and her husband learned they owed money.
“I called my husband immediately, crying,” she said. “I was in a large amount of stress at that point. That’s almost traumatizing.”
Pearl-Wright’s said her family earns less than $50,000 per year, but no longer qualify for the Earned Income Tax Credit. In addition, the Republican-led reforms wiped out taxpayers’ personal exemptions, including work-related expenses, and set a cap on state and local tax deductions as well. Ward noted that “millions of Americans” are having the same unpleasant surprise.
“We were banking on the refund,” said Pearl-Wright, who cut her maternity leave short as a result of her unexpected debt, and is still trying to figure out how she’ll pay her tax bill. “We live paycheck to paycheck and we can’t in a sense save right now.”
Watch the video below.
‘It’s treachery if not treason’: Harvard’s Laurence Tribe destroys Trump’s claim he’s above the law
Legendary constitutional law expert Laurence Tribe explained the legality of President Donald Trump's claim to be above the law during a Thursday evening appearance on MSNBC's "The Last Word" with Lawrence O'Donnell.
The host played a notorious clip of Trump.
"I could stand in the middle of Fifth Avenue and shoot somebody and I wouldn’t lose any voters. Okay? It’s like incredible," Trump argued.
"And now he has gone beyond that," O'Donnell noted. "Now the president is sayin, 'I could stand in the middle of Fifth Avenue and shoot someone and I cannot be prosecuted for that crime. Or any crime.'"
Marine Corps unit busted planning to hold a party at Trump’s Mar-a-Lago resort: report
President Donald Trump is facing yet another corruption scandal after a Marine Corps unit was caught planning to hold a party at the commander-in-chief's Mar-a-Lago resort.
"At a time when taxpayer and foreign-government spending at Trump Organization properties is fueling political battles, a U.S. Marine Corps reserve unit stationed in South Florida hopes to hold an annual ball at a venue that could profit the commander-in-chief," the Miami Herald reported Thursday.
Internet blown away by Giuliani’s ‘pants-sh*tting panic’ freak out on CNN’s Cuomo
Former New York City Mayor Rudy Giuliani received harsh reviews of his Thursday evening appearance on CNN with anchor Chris Cuomo.
Many people worried about Giuliani's mental health after watching the interview.
Here is some of what people were saying about Trump's defense attorney.