Posted on 01/14/2018 12:51:03 PM PST by Beave Meister
You can call me a multitasker; I’m a working actress, an accountant and also a tax attorney. My resume may sound a little unusual, but when April 15 hits, I will fit in with tens of millions of working Americans who have been hurt by sweeping changes in the tax code.
The Trump-Republican tax plan, passed without one vote across the aisle, is the most unpopular tax bill in history, and for good reason. It gives small, temporary tax relief to middle-class workers, then raises our taxes to deliver large, permanent tax cuts to the super-rich and the corporations they own and control.
According to the nonpartisan Tax Policy Center, the wildly misnamed Tax Cuts and Jobs Act will deliver 83% of tax cuts to the richest 1% of Americans by 2027. In the same year, 92 million middle-class families will be hit with a tax increase.
Meanwhile, although Donald Trump is the first President in years to make his home in New York City, he is not giving any regards to Broadway. Working actors, stage managers, stagehands and others who earn a living in the performing arts in New York and elsewhere won’t wait until 2027 to start paying more taxes. Thanks to Trump, we’re paying more right now.
(Excerpt) Read more at nydailynews.com ...
Might these dramatists be being... Drama queens?
Even for the Daily News, this is a poorly written article.
Maybe because the majority of paid, working actors live in high-tax states?
About time the big spending and big taxing states lost their income tax subsidies (through tax deductions) which end up being paid for in large part by workers in the more prudent spending states!
This tax bill does nothing for me personally, but I’m not bitching about it. I truly believe it’s good for the country. Frankly, the run-up in my investments is far more valuable to me than a small reduction in taxes would have been, anyway.
I don’t think the recent tax bill affects the 2017 tax year. If it does then I misheard or misread a lot of it.
>> will deliver 83% of tax cuts to the richest 1% of Americans by 2027
10 years from now.
Meanwhile, the struggling libtard will benefit.
If the democrats participated in the tax reform legislation, perhaps some of their concerns would have been addressed. But, they chose to turn their back. This is fair enough, bit if you ain’t at the table, then you ain’t got a say. The Dems should be mad at their representatives for not....I don’t know...doing their job. The president of the United States Called a meeting. They were invited. They didn’t show up. End of story.
All those liberals in all those liberal States complaining they have been getting subsidized by the rest of us and now they have to pay their FAIR SHARE!
boo-frickin-hoo!
It sounded fishy to me as well. It may be a question of how one files. Ordinarily, if it’s on the internet it must be assumed to be true, but in this case, the author works for her union so some caution is in order.
“is the most unpopular tax bill in history”. I wonder what poll she took to come to that conclusion?
“is the most unpopular tax bill in history”. I wonder what poll she took to come to that conclusion?
TWO MILLION taxpayers already received $1000 or $2000 BONUS. That equals 2,000,000,000 or more. Then add reduction in tax brackets for those earning less than $200k, and doubling of individual exemption for those who do not itemize.
This woman should stick to acing, and get out of tax business.
Since I do not itemize, doubling of standard deduction in this tax bill is going to benefit me, on top of slight reduction in tax brackets.
It begins in 2018.
she is a union stooge
“It’s infuriating to know that our higher taxes won’t be used to improve health care, fix our crumbling infrastructure or protect our environment. Instead, the middle class — including actors and other performing artists — will get poorer so the rich can get richer.”
Businesses that employ people will get tax cuts. Of course liberals don’t care about job creation.
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