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Old 02-20-2019, 07:03 AM
 
Location: the very edge of the continent
89,059 posts, read 44,853,831 times
Reputation: 13718

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Quote:
Originally Posted by Jacobo1 View Post
if you didnt get a tax cut recently you probably dont work
Actually, those who didn't get a tax cut under the recent tax reform are those who live in high tax blue states, have higher than average incomes, have costlier than average homes, and therefore pay high SALT (state and local taxes). The formerly unlimited SALT tax deduction loophole is now capped at $10,000.
Quote:
"A $1 million-plus wage earner came to her tax preparer last weekend to see what the Trump tax cuts, which went into effect for the 2018 tax year, would mean for her tax return due April 15. And boy, was she disappointed. Last year, she deducted $245,500 in real estate taxes, state income taxes and personal property taxes. This year her deduction for these state and local taxes was limited to just $10,000, because of the new SALT cap.

“It’s a real hit,” says her tax pro, Claudia Hill, an enrolled agent in Cupertino, California. “This is why people who have this kind of situation are screaming.”

...To fully benefit from the reduction in the top income tax rate, you’d have to live in a state with no state income tax, says tax lawyer Kaye Thomas, who figures that California’s highest earners are facing a federal effective rate that’s 2.7 percentage points higher in 2018 than 2017 because of the interaction between state and federal taxes. (He explains the math in Tax Reform’s Wealthy Losers)."
Wealthy Taxpayers Screaming About Lost Deductions Under Trump Tax "Cuts"
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Old 02-20-2019, 07:06 AM
 
Location: Former land of plenty
3,212 posts, read 1,653,319 times
Reputation: 2017
Quote:
Originally Posted by Frank DeForrest View Post
I dont know about the right "hating families" sounds like hyperbole to me, but you are advocating for govt child rearing in leu of a strong family unit, which is a decidedly leftist proposition.
When a nation's wealth is enjoyed by fewer and fewer people. Families suffer. Nothing complicated about that.
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Old 02-20-2019, 07:08 AM
 
Location: the very edge of the continent
89,059 posts, read 44,853,831 times
Reputation: 13718
Quote:
Originally Posted by AlongTheI-5 View Post
If the socialist democracies are doing it, I'm fine with that. Try to convince their citizens to switch to our profit driven medical system that bankrupts people.
So... you think you can convince voters in US households with $59,000/year incomes to pay an effective 45% federal tax rate?

Well, why the hell haven't you yet done so? What's stopping you?
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Old 02-20-2019, 07:09 AM
 
Location: Georgia
3,987 posts, read 2,113,422 times
Reputation: 3111
Where does the $ come from for all the Giveaways Dems propose?
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Old 02-20-2019, 07:11 AM
 
45,232 posts, read 26,457,645 times
Reputation: 24994
Quote:
Originally Posted by AlongTheI-5 View Post
When a nation's wealth is enjoyed by fewer and fewer people. Families suffer. Nothing complicated about that.
Govt childcare wont address the problems created by cronyism,money printing and interest rate manipulation, it will just make those things seem more palatable.
You may want to educate yourself on the real purpose of the fed reserve.
https://mises.org/library/case-against-fed-0
Warning: it will require you to think outside your state made box
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Old 02-20-2019, 07:11 AM
 
4,696 posts, read 5,824,752 times
Reputation: 4295
Low income parents already have it too good with all their tax credits and pre-existing handouts...like the boatloads of food stamps they are getting. They don't need another handout. In the end the rich won't pay for this. Instead they will do what they always do...run up our debt. If financial collapse (from too much debt) is what it takes to stop the handouts from flowing I say bring it on.
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Old 02-20-2019, 07:14 AM
 
36,539 posts, read 30,879,493 times
Reputation: 32823
Quote:
Originally Posted by AlongTheI-5 View Post
People do take campaign promises literally. From both sides. You don't want your side to be held accountable. Just mine.
No I dont believe they do. It's said only 2 presidents were able to keep their campaign promises so If people take them seriously they aren't reasonable people.

Personally I'm on the side of all legal citizens, democrat, republican, libertarian, independent.
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Old 02-20-2019, 07:15 AM
 
79,907 posts, read 44,222,338 times
Reputation: 17209
Quote:
Originally Posted by Rachel976 View Post
But it's cheap. You can go for a 2-year A.A, degree in a marketable field, and if your family is low income, Pell Grants cover it entirely.
"Marketable field" is a vague nothing of an answer and no it's not cheap.
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Old 02-20-2019, 07:16 AM
 
79,907 posts, read 44,222,338 times
Reputation: 17209
Quote:
Originally Posted by AlongTheI-5 View Post
If Obamacare is so bad, why does it still exist?
For the same reason useless wars still exist. No one is willing to say no to wall Street.
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Old 02-20-2019, 07:18 AM
 
79,907 posts, read 44,222,338 times
Reputation: 17209
Quote:
Originally Posted by tripleh View Post
the Bern has tweeted about free college a few hundred times.
I posted a quick over view of his plan. You can comment on it or not.
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