So nate, looking at what I quoted above from franklin, you don't see any problem there?
I would have gone with "I declare bull ****" or simply not responded to that far right wing AM radio nonsense.
So nate, looking at what I quoted above from franklin, you don't see any problem there?
Depends. It's not that simple. If a single mother is paying 1% of her total income how much less can she pay.You didn't answer my question.
Do you think the poor working class should get better tax breaks under the new tax plan or just the rich people and business owners?
Nothing is 100% fair. Never will be.So nate, looking at what I quoted above from franklin, you don't see any problem there?
Glad that you are able to recognize that there are issues with this tax plan.Nothing is 100% fair. Never will be.
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i got a fair systemNothing is 100% fair. Never will be.
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so we need a fair system everyone who makes above 50.000 pays 10%The only reason we cannot have a more fair distribution of taxes is lobbying and special interests. As long as we allow money and personal gain to trump need in politics we will get what we sow, politicians chasing the money.
Nothing is 100% fair. Never will be.
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Sounds good to natebozhttps://www.washingtonpost.com/busi...dec16379010_story.html?utm_term=.4a2e6c3509e3
This report looks pretty bad for the GOP leadership. Goes on about how Rubio and Mike Lee from Utah are pushing for an increase in the child tax credit for low income families. They wanted to help fund this by raising the corporate tax rate from 20 to 21%. GOP leadership shot that down saying they wanted the corporate rate to stay at 20%.
Then in the last paragraph it talks about how the GOP leadership agreed to change the corporate rate from 20 to 21% to offset a tax cut for the rich.
So you'll do it for the rich but not the poor. Not a good look.
Would this tax bill affect our returns that we file coming up here in a few months or it would affect our returns in 2019?
I'm 99.9% certain this will not change this year's tax code.
I couldn't have been more wrong. According to Secretary of the Treasury Steven Mnuchin on one of those Sunday morning politico shows like Meet the Nation or something, he said they are trying to pass this bill for the current year. They are selling it as a Christmas present, basically.
@fishonjazz I don't know your income but I could make a pretty good guess on where it ranges. You won't get a damn thing from the "doubled" standard deduction (A Trump lie. It was $12,600 for you, not $12,000, plus $4,050 * 3 = 24,750 > 24,000 ) as the individual deduction removal wipes that out for you. But you will get another $1,000 in child tax credit. Depending on where your income sits and if there will be "bracket creep", you may get a small bonus from that as well, or you may pay more. Merry Christmas.
I didn't think tax reform ever worked like that. I can't imagine this will really impact our 2017 taxes. I hope not, I have things organized exactly the way I want them as far as my withholdings and my anticipated tax refund. I don't want a bigger tax refund this year. I want things to happen the way I have planned for them to happen.
The only reason we cannot have a more fair distribution of taxes is lobbying and special interests. As long as we allow money and personal gain to trump need in politics we will get what we sow, politicians chasing the money.
That's what I thought and maybe I misunderstood Mnuchin's meaning. It made no sense to me to retroactively change the tax code, even if almost every single taxpayer gets more this year.
You and the people voting for it.If it passes (looks like it will) it will go into effect for 2018. I am waiting until it passes until I read it all.-
You and the people voting for it.