This tax plan was always about the corporate rate 1st and foremost. And that's not really a bad thing at all. I'm just pissed it was rushed as I was hoping for actual tax reform....making everything easier...and a tax plan that didn't add so much to the deficit.
I'm a big fan of keeping the $ I make and believe there are too many people paying for too many others that aren't. But I'm confused about how you can pass a tax plan that adds so much $ to the debt...makes no sense to me. Not in this economy.
Is it a problem for you that a lot of people are paying more in taxes than you are?
A higher %....yeah it does actually. But there are far more paying less than are paying more. But not really sure where this question is coming from.
I will likely save a few thousand $$ with this new tax plan. I'm still looking to see what the details are on this 20% reduction in pass through income piece which could save me a few thousand more.
That being said...this legislation is stupid as hell. I do believe that people with incomes up to $450K-$500K need a reduction. This legislation seems to reach that. The problem is that they give the wealthy a tremendous amount of tax savings that they don't need.
It's ironic that the GOP (party of fiscal responsibility? anti-deficit balanced budget party?) has just passed a bill that will explode the deficit. I don't believe there are any credible economists that disagree with this....it's ridiculous.
Remember the Thomas Nine !! (10/02/2018) The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago 2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy 2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE) 2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston 2020: Oakland, Oakland:2021: EV Ohana, Ohana, Ohana, Ohana 2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville 2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
0
unsung
I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
What depths of depravity did you have to plumb to come up with a tweet from an actor no one has ever heard of, never mind lend any credence to? Because your alt-right echo chamber portrayed it as liberal policy or thought? You have some questionable sources.
What is crazy is that they keep yapping about how the standard deduction doubled...basically from $12K to $24K for married joint....yet they don't mention that personal exemptions are gone. For a family of four that is a deduction of $ 16K...so you gain a $12K deduction and lose a $16K deduction.
That's fucked up
Remember the Thomas Nine !! (10/02/2018) The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago 2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy 2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE) 2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston 2020: Oakland, Oakland:2021: EV Ohana, Ohana, Ohana, Ohana 2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville 2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
What is crazy is that they keep yapping about how the standard deduction doubled...basically from $12K to $24K for married joint....yet they don't mention that personal exemptions are gone. For a family of four that is a deduction of $ 16K...so you gain a $12K deduction and lose a $16K deduction.
That's fucked up
This is where this tax plan hurts me. My deductions were always in the 40-50k range. After the first bill, my taxable was going up by $30k. My wife hasn't run the numbers on the final plan though.
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
German kids were definitely losing after Versailles.
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
German kids were definitely losing after Versailles.
Touche... and don't forget about the Ottoman boys and girls.
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
German kids were definitely losing after Versailles.
Touche... and don't forget about the Ottoman boys and girls.
am I now austrian or hungarian? who the hell are these new polish and czech kids down the block?! and the poor japanese kids were soo ignored they decided to take out their aggression on such a beautiful island 23 year later. poor kids.
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
German kids were definitely losing after Versailles.
Touche... and don't forget about the Ottoman boys and girls.
am I now austrian or hungarian? who the hell are these new polish and czech kids down the block?! and the poor japanese kids were soo ignored they decided to take out their aggression on such a beautiful island 23 year later. poor kids.
With a name like McGruff, I just assumed you were a Prussian Irishman.
This tax plan was always about the corporate rate 1st and foremost. And that's not really a bad thing at all. I'm just pissed it was rushed as I was hoping for actual tax reform....making everything easier...and a tax plan that didn't add so much to the deficit.
I'm a big fan of keeping the $ I make and believe there are too many people paying for too many others that aren't. But I'm confused about how you can pass a tax plan that adds so much $ to the debt...makes no sense to me. Not in this economy.
Is it a problem for you that a lot of people are paying more in taxes than you are?
A higher %....yeah it does actually. But there are far more paying less than are paying more. But not really sure where this question is coming from.
Do you think people earning lesss than you should pay more in taxes?
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brianlux
Moving through All Kinds of Terrain. Posts: 42,285
Somebody suggested anyone feeling over-worked and over taxed would do well to look into Subchapter T. I'm not all that interested in figuring this out because a) when it comes to trying to grok economics my brain freezes, b) I'm getting too old to care and and c) I seem to like over-working myself anyway. But some of you here might find this useful:
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
German kids were definitely losing after Versailles.
Touche... and don't forget about the Ottoman boys and girls.
am I now austrian or hungarian? who the hell are these new polish and czech kids down the block?! and the poor japanese kids were soo ignored they decided to take out their aggression on such a beautiful island 23 year later. poor kids.
With a name like McGruff, I just assumed you were a Prussian Irishman.
lol. I'm actually half lithuanian half irish (real last name mcgrath).
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
1913.
My sincere apologies.
Fine..13... so explain how the world is worse today for children in the US than it was in 1913. I'm looking forward to the empirical data you have to support that assertion. I
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
1913.
My sincere apologies.
Fine..13... so explain how the world is worse today for children in the US than it was in 1913. I'm looking forward to the empirical data you have to support that assertion. I
Infant death rate in the US in 1913 was about 150/1,000. In 2012 it was about 6/1,000, but I guess to a libertarian that's winning. Only the strong survived.
my small self... like a book amongst the many on a shelf
Kids have been losing since 1917. Now it bothers you?
To be fair, I wasn't alive at the end of the Great War.. but please explain how the advent of the League of Nations or Versailles changed the paradigm where kids that were formerly winning, began losing. Love me a good history debate. Let's go.
1913.
My sincere apologies.
Fine..13... so explain how the world is worse today for children in the US than it was in 1913. I'm looking forward to the empirical data you have to support that assertion. I
Infant death rate in the US in 1913 was about 150/1,000. In 2012 it was about 6/1,000, but I guess to a libertarian that's winning. Only the strong survived.
An excellent metric to start for sure. Do most non-racist Americans think the world was better off when black children in the South couldn't attend public schools with adequate funding? How about their fathers who weren't allowed to vote at all due to BS literacy tests and poll taxes? Did that make their lives better? We should probably think about young girls who couldn't grow up and vote to make a difference at all, regardless of color. What about gay people that were beaten senseless or killed for the way God created them? What if you were a gay, black, girl in the South. The world must have been your oyster compared to today.
And this is before we talk about poverty metrics, access to healthcare (vaccines, care for polio, influenza, etc.). But wait... maybe you're talking about the dastardly Keating-Owen Act which set actual standards and rules for employing children and the start of protecting them in the workplace in 1916. Yes... certainly that really negatively impacted children in this country as they could no longer slave for 18 hours a day fixing factory equipment because they had the unique skill of being small enough to fit. That must have really pissed those kids off.
So go ahead, @unsung, tell us how great things were for American children before 1913 compared to 2016. Can't wait to read about it.
Kids had it easy back in the day. We need to go back and MAGA!!!
Yeah, and then once they were old (17..you know.. a full life behind them) they were lucky enough to fight for an empire's army in one of the ongoing inter-continental wars that ravaged Europe for about 400 years. Fortunately they shared in the spoils of course.. you know.. trickle down plunder. Those that sacrifice the most earn the most after the war.
But then, post WWII, the fucking "globalists" came around and created an inter-connected world economy where peace became more profitable than war. The result, sadly, has been 70+ years of no inter-continental war, a higher standard of living across the world than ever before and longer life expectancy. Probably the longest period of peace since the Middle Ages. Fucking liberals.
uh Oh! Bonuses and wage raises being announced by companies based on anticipated savings. Were Trump and Ryan right? It’s a conspiracy!
i think the Dems’ boat is starting to leak.
Yeah! Let's make it even better by tossing another trillion at the national debt. That'll show those snowflakes.
Let’s see if you guys can follow along. What do you think is coming next year? Guaranteed not to fill gap, but still. This is step 1in a 2 step process.
Sorry. The world doesn't work the way you tell it to.
Comments
That being said...this legislation is stupid as hell. I do believe that people with incomes up to $450K-$500K need a reduction. This legislation seems to reach that. The problem is that they give the wealthy a tremendous amount of tax savings that they don't need.
It's ironic that the GOP (party of fiscal responsibility? anti-deficit balanced budget party?) has just passed a bill that will explode the deficit. I don't believe there are any credible economists that disagree with this....it's ridiculous.
The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
2020: Oakland, Oakland: 2021: EV Ohana, Ohana, Ohana, Ohana
2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
Libtardaplorable©. And proud of it.
Brilliantati©
Libtardaplorable©. And proud of it.
Brilliantati©
Here is what garbage the idiot spawn was barfing out today
The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
2020: Oakland, Oakland: 2021: EV Ohana, Ohana, Ohana, Ohana
2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
Libtardaplorable©. And proud of it.
Brilliantati©
That's fucked up
The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
2020: Oakland, Oakland: 2021: EV Ohana, Ohana, Ohana, Ohana
2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
http://www.co-oplaw.org/finances-tax/worker-cooperatives-and-tax/
-Eddie Vedder, "Smile"
My sincere apologies.
Infant death rate in the US in 1913 was about 150/1,000. In 2012 it was about 6/1,000, but I guess to a libertarian that's winning. Only the strong survived.
Kids had it easy back in the day. We need to go back and MAGA!!!
But then, post WWII, the fucking "globalists" came around and created an inter-connected world economy where peace became more profitable than war. The result, sadly, has been 70+ years of no inter-continental war, a higher standard of living across the world than ever before and longer life expectancy. Probably the longest period of peace since the Middle Ages. Fucking liberals.
Sorry, go ahead @unsung. Continue please.
Don't act like you don't know it.
i think the Dems’ boat is starting to leak.