My financial plan includes winning the lottery. Looking good so far.
That’s also when the SALT tax cap expires, so get ready for high tax areas hogging all the tax money again.
I want to pay $1,000,000 in federal income tax in 2026.
Because it means my income will be 2.5 to 3.0 million.
My point is I do not begrudge paying big taxes if I am making big bucks.
So ridiculous to sunset working class taxes but let billionaires have their tax cuts permanent. What a stupid move.
“Trump-era legislation brought in by the Tax Cuts and Jobs Act in 2017 made sweeping changes to the tax landscape...This included lowering individual income tax rates, almost doubling the standard deduction and raising the federal estate tax exemption.”
Only took the Media SIX YEARS to admit that Trump cut taxes, but that is actually an improvement.
The itsy bitsy paycheck deposited to my account.
Down came the bills taxes and wiped the money out.