Posted on 11/16/2017 1:36:24 PM PST by Sean_Anthony
Real "TAX CUTS" are cuts for EVERYONE and this POS thing isn't.And kid...YOU AREN'T SUBSIDIZING ANYTHING; THAT'S JUST A STUPID, BS TALKING POINT TO GET DUMB PEOPLE LIKE YOU TO BE FOR THIS CRAP SANDWICH !
Want to know how I know that YOU are dumb and uneducated?
You imagine that people can actually get the governments of high tax states to lower taxes! That's worse than believing in the tooth fairy!
Well I went through this also so say you made 130000.00 taxable household income.
Old plan: 130000
Exemptions: -16200
Deduction: -24000
Taxable Inc: 89800.00
(79000.00 * .15) + (10800 * .28) = 11850 + 3024 = 14874.00
Child Credit: -1500
Total Taxes due in Old Plan = $13374.00
New Plan: 130000
Deduction: -24000
Taxable Inc: 106000.00
(90000 * .12) + (16000 * .25) = 10800 + 4000 = 14800.00
Child Credit: -3200
Total Taxes due in New Plan: $11600.00
It does work out and one of the major reasons if you have children is the tax credit per child went up to $1600/per with no phase out until like 250000.
Your personal attacks aside I personally don’t care what the cesspool of a state that you live in does with their tax rates. I don’t want to be subsidizing them. Period.
My family didn’t move to Wyoming so we could be indirectly subsidizing support for illegal aliens, abortion, gun control, and etc. in the authoritarian leftist states.
By the way the epithet “breeder” is typically reserved for use by leftists and homosexuals.
I’d ask which one are you but that would be rude.
SPOT ON!
There are a whole lot of nasty things buried in both the House and Senate Bills and you SHALL be hit with something. Then you'll be speaking out of the other side of your mouth.
And she’s a stupid Millennial, who has swallowed lefty BS, hook, line and sinker!
Maybe he should tell the older Conservatives here, with health problems ( especially this site’s founder ), that they don’t “deserve” to be able to have a medical deduction and he’ll piss on them happily, too.
Not fair!
How can California afford to supply welfare to half of Mexico if that happens?
FORBES is an anti-TRUMP rag and run by GOPEers; kid.
OTOH...if that happens, many relocaters will be LEFTIES, who will turn those states BLUE!
The worst part of the SALT subsidy going to these parasite states is giving it to the businesses there.
Many businesses would expand or move to low tax states, spreading jobs.
It’s just an awful policy.
HOW?
Ideally that would be the case. In reality, it just means that the minority working segment of that state will become even more burdened by the state. I am in the middle income conservative working class hetero-sexual married male minority in CA for the present. My taxes under the new plan will go up dramatically. My voice means nothing in CA elections. I am trying to relocate but until then this plan does hurt me.
Elect politicians that will run their states more responsibly and lower taxes.
It's patently obvious that you are bereft of any factual knowledge, as well as incapable of common sense and the ability to reason.
And talk about living in a "cesspool"...that's where YOU chose to live.
There should be no limit, even to teh extent of getting an EIT return based on negative Income.
Fair is fair.
“It’s patently obvious that you are bereft of any factual knowledge, as well as incapable of common sense and the ability to reason.”
Given your propensity to form your arguments from your emotions and your propensity to circumvent a discussion by attacking my source (Forbes) and then attacking my intelligence, wisdom, and cognitive capacities I will ask you this direct question:
How long have you been a Democrat?
(-:
Nice to see you!
When we moved here, there was NO state income taxes. Then, the damned RINO governor decided that he would "lower" the sales tax and put in a state income tax. Yeah...voting GOP worked SO well...NOT!
And FYI...many states with low or no state taxes have VERY high property taxes. Chew on that for a while. :-)
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