Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Please make the tax cuts retro-active to January 1, 2017--Discussion Thread
11/15/2017 | nikos1121

Posted on 11/15/2017 6:19:07 AM PST by nikos1121

Open thread on your opinion regarding the tax cuts being retro active to January 1, 2017. Presently, the Congress is pushing that these tax cuts would apply to Tax year 2018. This makes absolutely no sense for many reasons.

American taxpayers need relief now. If the tax cuts are delayed until next year, then in 2018, an election year, Americans and American business will see no change in their incomes.

We need to contact our representatives to push for tax relief this year.

Please weigh in on this with your opinion.


TOPICS: Business/Economy; Chit/Chat; Miscellaneous
KEYWORDS: taxcuts
Navigation: use the links below to view more comments.
first previous 1-2021-29 last
To: Abby4116

Your taxes should go down if they increase the exemption.


21 posted on 11/15/2017 7:58:32 AM PST by nikos1121 (Tax cuts should be retro-active to January 1, 2017!!!!)
[ Post Reply | Private Reply | To 17 | View Replies]

To: nikos1121
They are increasing the standard deduction and eliminating the personal exemption. So not doubling as they have used as a talking point - they are giving less than $6k and taking away a little over 4k and eliminating several deductions so not exactly as they make it sound.

If you are familiar with the tax forms, those little boxes at the top where you list yourself, spouse, children, etc. and add the total are the number of exemptions. They will be gone $4050 for each one.

22 posted on 11/15/2017 8:11:57 AM PST by Abby4116
[ Post Reply | Private Reply | To 21 | View Replies]

To: nikos1121

Yes! Just like Clinton did with tax increases.


23 posted on 11/15/2017 8:58:05 AM PST by Defiant (It's not antifa, it's actually antifafa. Antifa Fascists.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hawthorn

I like your idea.


24 posted on 11/15/2017 8:58:34 AM PST by Defiant (It's not antifa, it's actually antifafa. Antifa Fascists.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: VTenigma
Paul Ryan can keep my ‘tax cut’ if he'll throw all the damn illegals out of the country and build a wall to keep them out.

Mitch McConnell can keep my tax cut if Congress will agree to do their job so Trump can do his job making American Great Again...In short if he'll work WITH our President - NOT against him.

Oh, and Paul Ryan and Congress? You're NOT ‘giving’ me money - you're just NOT stealing as much for the UN, illegals, bloated State Department escapades, and little ‘perks’ for congressmen and DC ‘elites’... So don't expect wild gratitude. If you could steal more for your donors you probably would... we know that...

25 posted on 11/15/2017 9:23:42 AM PST by GOPJ (https://www.reddit.com/r/StumpSheet/comments/6ec3z1/fake_hate_crimes_official/)
[ Post Reply | Private Reply | To 15 | View Replies]

To: nikos1121

LMFAO!!!!
Do you REALLY believe the UniParty is going to allow money to flow from their coffers back to the “unwashed masses”???? And at the same time, make their arch enemy, President Trump, look good??? Really? IF so, I have some fine ocean-front property in the middle of Kansas that I’ll make ya one heckuva deal on. /s
The UniParty is NOT going to allow anything that will help hard-working, tax-paying American citizens and President Trump. How do I know that it’s never gonna pass? Because the UniParty has allowed the repeal of the ObamaCare mandate to be included. The ONLY way the UniParty would EVER let that be put in there is that they know the bill is gonna fail, but it gives their members some cover with their constituency back home so they can say e tried”. It’s all theatre for us, the “unwashed”.
Here’s the deal: When Eddie Munster and the Turtle send President Trump the exact same ObamaCare repeal bill that they sent Obama, I’ll start having a little faith in govt. again. They won’ do it because they KNOW Trump will sign it and they don’t WANT it repealed. They’re liars and traitors. The GOPe arm of the UniParty is a NOTHING BURGER. They’ve done nothing, aren’t doing anything now and won’t do anything in the future....unless, of course, it benefits them and the UniParty.


26 posted on 11/15/2017 11:12:45 AM PST by lgjhn23 (It's easy to be liberal when you're dumber than a box of rocks.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: nikos1121

Absolutely!!! needs to be for tax year 2017 AND get rid of that damnable Obamacare penalty!!


27 posted on 11/15/2017 7:19:33 PM PST by visualops (WooHoo Trump Train! Get on board or get out of the way!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: nikos1121

1) “No post ex-facto law shall obtain.”

2) You need a certain amount of lead time to implement changes to the IRS tax code and to the Agency itself. You have to redo 6 or 7 months of preparation in 1 1/2 months, rewrite some portion of 2017 computer code, redo all the previously loaded tables, test it and and make certain it all works together, retrain IRS staff, rewrite all the training manuals for that tax year, rewrite website information and publications. It would be chaos. Its like asking an aircraft carrier to go from 40 knots to 5 knots and make a 180 degree turn in 1 mile. If you could do it all on a postcard, maybe, but you can be sure that when this congress finishes, your return will not fit on a postcard.

Bad idea, its too late. Whatever they cobble together should be inplemented next year.


28 posted on 11/15/2017 8:05:33 PM PST by Pete from Shawnee Mission
[ Post Reply | Private Reply | To 1 | View Replies]

To: nikos1121; lgjhn23

I agree with lgjnh23.

I like his tagline too....lol


29 posted on 11/17/2017 9:58:56 AM PST by blondiegoodbadugly
[ Post Reply | Private Reply | To 26 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-29 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson