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actually, if you could follow along with arguments you would see it's not political at all it's about calling out hypocrisy, it's been laid out several times already. Had Dems put this dogs*t out I would call it out just as easily. Unlike Trumpsters I don't think anyone walks on water and offer up blind allegiance.
This is the problem. People just support a plan because their guy/party is proposing it. You have to put that aside and look at things objectively.
As is, this isn’t a middle class tax cut. It’s not. Remember a while back Trump or one of the minions admitted that some will pay more? As someone said earlier, this thing won’t be what comes out. It may not go anywhere at all.
Its a tax cut for the rich disguised as a cut for families and the middle class. They totally ignore the removal of exemptions. A family with 3 little kids has their taxable income jacked up by 20k under this.
Its a tax cut for the rich disguised as a cut for families and the middle class. They totally ignore the removal of exemptions. A family with 3 little kids has their taxable income jacked up by 20k under this.
I will pay thousands more under the Trump bill. I don't live in a high tax state, don't own a million dollar home. This bill is going to stick it good to anyone who makes over 90K a year where the 25% bracket kicks in. The new standard deduction barely makes up for the loss of exemptions not to mention the rest of the deductions that we have had. No!
you ''''think'''' ...wow you doubled or tripled your investment......
no I paid 150k for a 100 year old house (1912) with no updates except for the put bathrooms and heat in in 1930
I don't know what I can get for it WITHOUT ME SPENDING LOADS OF CASH FOR UPDATES....DEPENDS ON WHAT THE MARKETS SAYS....especially for a house that over 100 years old
The 12 percent bracket: This rate applies to single filers starting at $12,000 up to $45,000. For married joint filers, this applies after the $24,000 deduction up to $90,000.
Did you use the single?
I used married. The first $66k in taxable income (see the link). Rs are apparently being a bit disingenuous in trying to sell this. They assert that there's a 12% bracket to 90k, but only when you treat the 24k standard deductible as the first 24k in income. That's not how we are used to looking at the tax system. That would be akin to saying that the current tax system has a 10% bracket to ~$30k under current law (the $12k standard deduction plus the first $18,650 in taxable income).
20% corp tax rate looks like trillions for the mega wealthy and pennies for the poor.
That shows a lack of understanding.
Corporations don't pay taxes; people pay taxes.
The highest rates for the highest earners remain the same.
Lowering the stupid high corporate tax rate will unleash massive growth.
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