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More mis-information. It was proposed by AOC that she would like to tax those making 10 Million Dollars or more at 70% on the money they make ABOVE 10 million dollars. But millions of Trumpists will continue to lie about what was actually proposed to deal with the ridiculous level of income inequality because they do not care about the issue of extreme income inequality.
is she talking about reducing debt with this plan, or just spending it?
Nice speechifying, but I wonder who will pay for the roads, infrastructure and other government services for those $250K palaces you're hawking in the Garden State if not for taxes?
Don't bother answering because I'm sure it still boils down to "I got mine, the heck with everyone else".
You can't buy a "palace" for $250K in NJ. Lucky if you can find a 2 BR condo for that.
Also, I pay more for health care - the premiums and out of pocket - than any item other than my mortgage. My premiums alone (after 1/2 covered by wife's employer) = annual income tax.
it could be said that limiting the SALT deduction across the board to $10K is very egalitarian aka "fair". Heck, folks where there is NO income tax might not come close to getting "their" $10K deduction.
In Houston, TX for example, they've got (what I would call) high property taxes - 2.11%. But at an average home price of $258K, that means their SALT is just $5,450
Also, I pay more for health care - the premiums and out of pocket - than any item other than my mortgage. My premiums alone (after 1/2 covered by wife's employer) = annual income tax.
Then preach on. Walk the walk means you may talk the talk.
Im tired of DINKS telling people with families it is so easy.
Time to prove the point... Dems are in charge of the House now, which controls the purse strings. We'll see if they rein in spending to match or fall below tax revenue, or not.
Actually not. As you well know it takes the House, Senate and the POTUS to do that.
But, nice try. The fact is the deficit was being brought down in the last years of a Dem POTUS....it was about 600 Billion, now it is double that for one reason only - complete GOP control.
You clearly do not understand the simplest economic principal; compounding. That 1/3 you are getting back is an interest free loan to the government.
Divide it by 12, there's an improvement in your cash flow, each and every month.
Invest that amount at a 5% return. That is the investment gain you cheated yourself out of in 2018.
Pay down a 17 - 21% credit card or other revolving depth, digging yourself out of the hole you foolishly dug,
So it goes. Go scream at the mirror. That is the real bad guy in your life.
Quote:
Originally Posted by StuartGotts
Just finished my tax returns...
I made more money, paid more in taxes and am getting back 1/3 the amount I got last year!
SOOOOOO HAAAPPPPY your rich 1% buddies got a tax break, they REEEAAAALLY need it.
Congrats however, now I know I'm voting for ANYONE but Trump.
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