Posted on 12/19/2017 10:45:01 PM PST by Kaslin
——John McCain, who is fighting cancer——
Is dying from brain cancer....
You will be welcomed! I live right in the path where the eclipse was and it was an experience of a lifetime. There were people from out-of-state everywhere. My little town of Athens swelled from 14,000 to double or more for that day.
?? Not sure your CPA is correct?
Here’s the much maligned snopes on something misunderstood in the tax bill. It explains it very well.
https://www.snopes.com/tax-bill-small-business-deductions/
80% of Americans are getting a fairly large tax cut.
....this pent up American economy is going to explode into high 3 and into 4% GDP growth...
AND I’m being conservative !!!
80% of Americans don’t pay federal income tax. Only about half of us.
We stayed at Pigeon Forge. Got lost in the local environs. We met some great folks and you have a gorgeous state!
Legitimate expenses for a business are not affected by this bill as far as I can tell. Th SALT provision covers individual deductions. Business deductions for a small sole proprietor business are taken separately on a different form.
Nazi Pelosi trotted out an ALS patient to yodel how Trump and the GOP were taking away his insurance and life, yesterday.
Windflier wrote:
“”The repeal of the Individual Mandate”
The last time Congress ‘repealed’ the individual mandate, they merely reduced the penalty for not having medical insurance to $0. A dirty, spineless trick.
I’ll have to look up the relevant section of the bill to see if they really repealed it this time.”
Let us know; for some, the time between taking soc sec early at 62, and Medicare eligibility at 65 is a long stretch to go without healthcare coverage.
In addition to my other post, I don’t want to see that 0-care penalty come back to life; I want it gone forever.
Thank-you! I can remember when Pigeon Forge was just a small town and not such a tourist trap. I hope you got out of town some and saw the real TN environment. Pigeon Forge is close enough to me to be a day trip. You will love living in E.TN if this is where you come.
It was a quick trip, but we saw a lot. Traffic forced us on to a lot of less beaten paths and that turned out to be a blessing. We had a great time. Really liked what we saw.
Wow - that’s something democrats would normally do
Is Schmucky cryin again? ...
The House still needs to approve the Senate Bill, correct?
Good luck trying to get that through the skulls of some on this board. Suddenly, raising taxes on the middle class is “good”, exploding the deficit is “no problem”, and vast areas of the United States are “hell holes.”
Do you live in one of the high tax states?
“Actually, the corporate rate was raised to 21% from the originally proposed 20%.”
Actually, the original Trump rate was 15%, then it went to 20%, and now 21%.
Still a win! This bill is not perfect, but it’s a perfect start!
Trump is taking the Reagan approach. Take what you can get today and try for more tomorrow. I believe corporate rates will be 15% by time he leaves office. This will not be the last tax cut rodeo, that I can tell you.
The choir can’t hear you for their own singing. I live in FL, and own two small LLCs, and I’m worried as hell. Our margins are already razor-thin, and I don’t see how we will be able to continue if our tax burden is increased.
I voted for Trump because he wasn’t the GOP, and wasn’t owned by K Street. Now, it’s obvious that K Street and the Rockefeller Republicans are firmly in charge. At least the uncertainty is gone—all that’s left is paying the CPA to run the numbers and praying there will be something left for us evil capitalists.
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