Tax Reform

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Comments

  • Bentleyspop
    Bentleyspop Craft Beer Brewery, Colorado Posts: 11,422
    I say let them pass these bills and let Herr dRumpf sign them and raise the average working persons taxes while lowering their average net income for the next 2-3 years.
    The people will be pissed and those assholes  on capital hill and the white house will be voted out in such a large margin they won't  know what hit them.

    Good riddance to bad rubbish 
  • mcgruff10
    mcgruff10 New Jersey Posts: 29,123
    It seems like my taxes will be going down so unless I am reading this wrong this tax bill seems to be a good thing for me and my family.
    I'll ride the wave where it takes me......
  • Go Beavers
    Go Beavers Posts: 9,561
    mcgruff10 said:
    It seems like my taxes will be going down so unless I am reading this wrong this tax bill seems to be a good thing for me and my family.
    Kids love deficit spending and a wider gap between the rich and poor.
  • NewJPage
    NewJPage Posts: 3,320
    I say let them pass these bills and let Herr dRumpf sign them and raise the average working persons taxes while lowering their average net income for the next 2-3 years.
    The people will be pissed and those assholes  on capital hill and the white house will be voted out in such a large margin they won't  know what hit them.

    Good riddance to bad rubbish 
    Republicans have been doing this since 1981 and it hasn't seemed to matter to a lot of the dwindling middle class
    6/26/98, 8/17/00, 10/8/00, 12/8/02, 12/9/02, 4/25/03, 5/28/03, 6/1/03, 6/3/03, 6/5/03, 6/6/03, 6/12/03, 6/13/03, 6/15/03, 6/18/03, 6/21/03, 6/22/03, 7/12/03, 7/14/03, 10/3/04, 10/5/04, 9/9/05, 9/11/05, 9/16/05, 5/16/06, 5/17/06, 5/19/06, 6/30/06, 7/23/06, 8/5/07, 6/30/08, 8/23/09, 8/24/09, 5/4/10, 5/7/10, 9/3/11, 9/4/11, 10/11/13, 10/17/14, 8/20/16
  • mrussel1
    mrussel1 Posts: 30,882
    mcgruff10 said:
    It seems like my taxes will be going down so unless I am reading this wrong this tax bill seems to be a good thing for me and my family.
    Do you have kids in college?  I do.  This bill hits me in two places.  Deductions will be reduced for me substantially, but it will be exacerbated next year with the loss of student loss interest being deductible.  Double wammy.  
  • mcgruff10
    mcgruff10 New Jersey Posts: 29,123
    mrussel1 said:
    mcgruff10 said:
    It seems like my taxes will be going down so unless I am reading this wrong this tax bill seems to be a good thing for me and my family.
    Do you have kids in college?  I do.  This bill hits me in two places.  Deductions will be reduced for me substantially, but it will be exacerbated next year with the loss of student loss interest being deductible.  Double wammy.  
    Aaah I didn't see the college interest deductible being gone. that freaking sucks.  I have five kids who hopefully one day will all go to college.  
    I'll ride the wave where it takes me......
  • mcgruff10
    mcgruff10 New Jersey Posts: 29,123
    Yeah just viewed Jon tester s video and it shows that are handwritten notes in the margin that will become law. I stand corrected, this bill seems like a complete fuck up. 
    I'll ride the wave where it takes me......
  • josevolution
    josevolution Posts: 31,642
    I hope all students who will be affected let their loans lapsed don’t fucking pay them back !
    jesus greets me looks just like me ....
  • mrussel1
    mrussel1 Posts: 30,882
    I hope all students who will be affected let their loans lapsed don’t fucking pay them back !
    Student loans are non "dischargeable" in bankruptcy.  And if they are federal loans, they don't even need to take formal legal action in order to garn or lien you.  It's completely administrative without a hearing.  
  • stuckinline
    stuckinline Posts: 3,406
    Seriously, let's vote these idiots out:

    In an astonishing defense of dropping “death taxes” for individual estates worth more than $5.5 million, GOP Iowa Sen. Chuck Grassley implied that people not currently affected by that tax are “spending every darn penny ... on booze or women.”

    “I think not having the estate tax recognizes the people that are investing — as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies,” Grassley told the Des Moines Register in an interview published Saturday. Grassley, who serves on the Finance Committee, made the remark when asked about the Senate tax reform measure which would double the exemption for estates to $11 million for an individual and $22 million for a couple. Heirs would inherit the estates tax-free.

    Grassley’s comment triggered a wave of criticism on social media. Many complained that the working class is, in fact, spending “every darn penny” on raising their kids, caring for elderly parents, health care and putting food on the table. One Twitter user complained that the GOP was turning America into a version of “The Hunger Games.”

    https://www.huffingtonpost.com/entry/grassley-estate-taxes-booze-women_us_5a247d89e4b03c44072e5a04?ncid=inblnkushpmg00000009

  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,192
    rgambs said:
    rgambs said:
    PJ_Soul said:
    rgambs said:
    Why can't we just do the only thing that makes sense and implement single payer. :anguished:
    Because I have zero interest in "Medicare for All." Dealing with my mother's Medicare provided health care -- it's a bullshit nightmare trying to get her what she needs. The only reason she's still alive at this point is her Kaiser Advantage Plan. To get any help from Medicare, you have to be practically dead.
    Then that system sucks too. So why not have a single payer system that isn't a pain in the ass?? Those exist in a lot of other places.
    There's another thread for health care, so I don't want to get too deep into it. But to answer your question, I personally am not interested in any kind of "managed care" system where other people decide what services I am eligible for depending on their matrix and protocols. I'm super satisfied with my preferred provider plan where I get my health care on demand. I decide which doctors, which treatments, and when. It would be wonderful if we could make what I have available and affordable to everybody. But I don't trust my government one bit to figure out how to do that. I don't trust my government to get anything right anymore. And that's a sad state of affairs.
    Being totally realistic. I have fantastic private insurance and I'm not interested diminishing my private health care for government issue.  It's the one damn thing I have going for me financially -- and I suppose I feel the same way about my health care as parents and home owners feel about their tax breaks. Hands off.


    Oh, how nice for you!  You get the holy grail of health coverage so you aren't concerned for everyone else.  
    Medicare and Medicaid are far less complicated and half the nightmare of private sector insurance.  I don't know what your experience is, but I bill insurance, both public and private, and it's a literal no-brainer.

    My experience is that I'm a caregiver for my very ill mother. Every time I turn around, Medicare is rejecting payment for basic things that old, sick people need because of some rule or another. Social workers give me wrong, conflicting answers at every turn, with the most recent example unexpectedly costing my family a whopping 10,000 bucks. 

    I do care very much about people. It's a lazy, tired argument to accuse people of being greedy and selfish just because they have faith in private enterprise. I would never say the private system is perfect. It is a tangled web. But when I compare how easy and simple my own cancer treatment was (paid by a private PPO) compared to my mother's end-of-life care through Medicare/Kaiser Advantage -- it's a fucking no-brainer to me as to which I prefer. I hope to hell when I'm old and dying that I do not have to depend on the federal government to help me. 
    Yeah, I just don't understand this at all.
    It is universally accepted to be the opposite within healthcare industries.
    I never expect you to understand anyone's point of view except your own.

    Now, back to thread integrity. About those children of yours that you expect me to subsidize--maybe if you paid your "fair share" of taxes, we'd all be better off.
    Since a lot of people pay more in taxes than we do, your logic says we’re all being subsidized.
     
    YES!!  You wouldn't believe how many times I have tried to get people to understand this.  

    Unless you are a millionaire that actually pays income tax you are a "taker."  

    This country would be so much better off if we ignored the GOP mantra on taxes.  We should be increasing taxes on the wealthy to close the budget deficit each year.  Income tax should be like real estate tax....you figure out how much you need to operate and then assess tax on available income.

    That would get our defense budget back in check real quick.
    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
  • JC29856
    JC29856 Posts: 9,617
    mrussel1 said:
    mcgruff10 said:
    It seems like my taxes will be going down so unless I am reading this wrong this tax bill seems to be a good thing for me and my family.
    Do you have kids in college?  I do.  This bill hits me in two places.  Deductions will be reduced for me substantially, but it will be exacerbated next year with the loss of student loss interest being deductible.  Double wammy.  
    you should have been a hedge funder! it's never too late

    http://www.ibtimes.com/political-capital/tax-havens-lobby-keep-loopholes-enrich-insurers-hedge-fund-managers-2622950

  • mrussel1
    mrussel1 Posts: 30,882
    Seriously, let's vote these idiots out:

    In an astonishing defense of dropping “death taxes” for individual estates worth more than $5.5 million, GOP Iowa Sen. Chuck Grassley implied that people not currently affected by that tax are “spending every darn penny ... on booze or women.”

    “I think not having the estate tax recognizes the people that are investing — as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies,” Grassley told the Des Moines Register in an interview published Saturday. Grassley, who serves on the Finance Committee, made the remark when asked about the Senate tax reform measure which would double the exemption for estates to $11 million for an individual and $22 million for a couple. Heirs would inherit the estates tax-free.

    Grassley’s comment triggered a wave of criticism on social media. Many complained that the working class is, in fact, spending “every darn penny” on raising their kids, caring for elderly parents, health care and putting food on the table. One Twitter user complained that the GOP was turning America into a version of “The Hunger Games.”

    https://www.huffingtonpost.com/entry/grassley-estate-taxes-booze-women_us_5a247d89e4b03c44072e5a04?ncid=inblnkushpmg00000009

    Goddam whipper-snappers spending all their money going to the movies, eating Swedish Fish. It's why so many people are in poverty today.
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,192
    edited December 2017
    mcgruff10 said:
    It seems like my taxes will be going down so unless I am reading this wrong this tax bill seems to be a good thing for me and my family.
    I guess if you base your opinion only on your taxes it might be a good thing...mine will likely go down a little but if they repeal the insurance mandate I will likely pay a lot more for insurance....we ALL will
    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
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,192
    Seriously, let's vote these idiots out:

    In an astonishing defense of dropping “death taxes” for individual estates worth more than $5.5 million, GOP Iowa Sen. Chuck Grassley implied that people not currently affected by that tax are “spending every darn penny ... on booze or women.”

    “I think not having the estate tax recognizes the people that are investing — as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies,” Grassley told the Des Moines Register in an interview published Saturday. Grassley, who serves on the Finance Committee, made the remark when asked about the Senate tax reform measure which would double the exemption for estates to $11 million for an individual and $22 million for a couple. Heirs would inherit the estates tax-free.

    Grassley’s comment triggered a wave of criticism on social media. Many complained that the working class is, in fact, spending “every darn penny” on raising their kids, caring for elderly parents, health care and putting food on the table. One Twitter user complained that the GOP was turning America into a version of “The Hunger Games.”

    https://www.huffingtonpost.com/entry/grassley-estate-taxes-booze-women_us_5a247d89e4b03c44072e5a04?ncid=inblnkushpmg00000009

    That is such an awful thing to say.  Yet there will be thousands of poor people that vote for him.
    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
  • stuckinline
    stuckinline Posts: 3,406
    Seriously, let's vote these idiots out:

    In an astonishing defense of dropping “death taxes” for individual estates worth more than $5.5 million, GOP Iowa Sen. Chuck Grassley implied that people not currently affected by that tax are “spending every darn penny ... on booze or women.”

    “I think not having the estate tax recognizes the people that are investing — as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies,” Grassley told the Des Moines Register in an interview published Saturday. Grassley, who serves on the Finance Committee, made the remark when asked about the Senate tax reform measure which would double the exemption for estates to $11 million for an individual and $22 million for a couple. Heirs would inherit the estates tax-free.

    Grassley’s comment triggered a wave of criticism on social media. Many complained that the working class is, in fact, spending “every darn penny” on raising their kids, caring for elderly parents, health care and putting food on the table. One Twitter user complained that the GOP was turning America into a version of “The Hunger Games.”

    https://www.huffingtonpost.com/entry/grassley-estate-taxes-booze-women_us_5a247d89e4b03c44072e5a04?ncid=inblnkushpmg00000009

    That is such an awful thing to say.  Yet there will be thousands of poor people that vote for him.
    Yes, and when their taxes increase and their health insurance premiums increase, they will blame anyone but the Republicans.
  • Bentleyspop
    Bentleyspop Craft Beer Brewery, Colorado Posts: 11,422
    mrussel1 said:
    Seriously, let's vote these idiots out:

    In an astonishing defense of dropping “death taxes” for individual estates worth more than $5.5 million, GOP Iowa Sen. Chuck Grassley implied that people not currently affected by that tax are “spending every darn penny ... on booze or women.”

    “I think not having the estate tax recognizes the people that are investing — as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies,” Grassley told the Des Moines Register in an interview published Saturday. Grassley, who serves on the Finance Committee, made the remark when asked about the Senate tax reform measure which would double the exemption for estates to $11 million for an individual and $22 million for a couple. Heirs would inherit the estates tax-free.

    Grassley’s comment triggered a wave of criticism on social media. Many complained that the working class is, in fact, spending “every darn penny” on raising their kids, caring for elderly parents, health care and putting food on the table. One Twitter user complained that the GOP was turning America into a version of “The Hunger Games.”

    https://www.huffingtonpost.com/entry/grassley-estate-taxes-booze-women_us_5a247d89e4b03c44072e5a04?ncid=inblnkushpmg00000009

    Goddam whipper-snappers spending all their money going to the movies, eating Swedish Fish. It's why so many people are in poverty today.
    It's  not the whippet snappers causing  the poverty.
    It's  the hipsters and their  avocado toast.
  • mrussel1
    mrussel1 Posts: 30,882
    mrussel1 said:
    Seriously, let's vote these idiots out:

    In an astonishing defense of dropping “death taxes” for individual estates worth more than $5.5 million, GOP Iowa Sen. Chuck Grassley implied that people not currently affected by that tax are “spending every darn penny ... on booze or women.”

    “I think not having the estate tax recognizes the people that are investing — as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies,” Grassley told the Des Moines Register in an interview published Saturday. Grassley, who serves on the Finance Committee, made the remark when asked about the Senate tax reform measure which would double the exemption for estates to $11 million for an individual and $22 million for a couple. Heirs would inherit the estates tax-free.

    Grassley’s comment triggered a wave of criticism on social media. Many complained that the working class is, in fact, spending “every darn penny” on raising their kids, caring for elderly parents, health care and putting food on the table. One Twitter user complained that the GOP was turning America into a version of “The Hunger Games.”

    https://www.huffingtonpost.com/entry/grassley-estate-taxes-booze-women_us_5a247d89e4b03c44072e5a04?ncid=inblnkushpmg00000009

    Goddam whipper-snappers spending all their money going to the movies, eating Swedish Fish. It's why so many people are in poverty today.
    It's  not the whippet snappers causing  the poverty.
    It's  the hipsters and their  avocado toast.
    Fucking hippies!  
  • JC29856
    JC29856 Posts: 9,617
    who gets the bigger tax savings?
    A. mcgrufften
    B. Lockheed Comey
  • tbergs
    tbergs Posts: 10,410
    JC29856 said:
    who gets the bigger tax savings?
    A. mcgrufften
    B. Lockheed Comey
    C. Trumpelstilskin
    It's a hopeless situation...