"Five dollars....Maybe I'll go to the movies.....by myself."
Posted on 12/04/2017 9:27:32 PM PST by Oshkalaboomboom
Bump!
Hope this is for taxes from 2017.
Retroactive? I really doubt that. The Corporate tax cuts probably wont go into effect until 2019 if the senate has it’s way.
Not possible...IRS would have to delay filing/refunds until September!
>> So when do we start seeing cuts in Spending by our bloated government?
Yes, that would be the true tax cut instead of the red state welfare unfolding before us.
From what I have read, it starts in 2018. I can’t wait to lose $600-900 next year.
Not Me.
Then new definition of #metoo — the capital creation class who are well and truly screwed by the new tax laws.
I expected no less — but hoped for so much more.
Just saddle me up Congress! You will always have me and mine to feed your pork.
No it’s blue state welfare - red states subsidizing blue states because blue states are not paying their full amount of federal taxes because they were deducting their state taxes.
The two taxes are separate and should never have been mingled
“under the Trump tax plan we are no longer going to subsidize big government in blue states. ”
Lets not pretend it’s some historic tax cut. But it’s all the GOP will ever give us for another few decades.
We’re in California, but next year will be our first full year without earned wages (retirement started July 2017). As such, our state income tax bill in 2018 won’t be much because social security (for one of us) isn’t taxed in California, surprising as it is. Even still, I expected us to see a bit of a savings on the federal tax bill compared to the current tax system. Nope.
Just review the per capita revenue to the fed categorized by state. The data is readily available. Unless we’re on different currencies, blue states already contribute far more despite SALT.
My “red state welfare” remark is not meant to be taken seriously. But too many have no problem turning the tax screws on blue state conservatives.
I’ll pay more with the new tax plan on top of the ongoing ACA crap that’s crippling my family’s health needs.
>> because blue states are not paying their full amount of federal taxes because they were deducting their state taxes.
You’re wrong. Make an effort to get the facts.
I would not object to paying a few hundred dollars more in order to get a tax system that would produce 4% growth every year. Not one bit.
So any deduction that one person takes that another cannot take is a subsidy from the latter to the former?
We’re in California and both retired. Our income is treated almost like wages so our tax bill is already hefty. I send The feds a check every year besides what we already paid. According to the calculators that have been thrown about our tax bill just got heftier. They can all kiss my azz.
——We’re in California-——
Finally, at last...... you get to pay your fair share
I can read a tax form. That is exactly what has been happening.
Changing federal taxes based on state taxes has never made sense to me. The 2 are unrelated in where the money goes so mingling them had to be a Democrat idea in order to let the blue states raise taxes on their citizens.
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