Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: central_va
Don’t get hung up on deductions.

The deductions are a $1.5 TRILLION dollar issue.

In fact, it is the main issue here. If the numbers were not significant, Congress would not be proposing them. They need money - my money. That's why they want to take it, so that they can give my money to someone else.

The government needs money, and this is the well they chose to tap. It will adversely affect millions. So yeah, let's discuss it.

220 posted on 10/22/2017 4:55:53 AM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
[ Post Reply | Private Reply | To 216 | View Replies ]


To: SkyPilot
If the 25% bracket started at $250K would deductions matter at all? This would mean almost all my income would be taxed at an EFFECTIVE rate below 12% a huge savings for me anyway. We cannot evaluate the tax changes without real numbers.

Do you know what an effective rate means?

227 posted on 10/22/2017 5:02:13 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 220 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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