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Trump tax calculator: Estimate what you may pay under the new plan
MarketWatch ^ | Nov 3, 2017 | By MarketWatch News Graphics

Posted on 11/04/2017 6:33:58 PM PDT by Jim Robinson

The House 'Tax Cuts and Jobs Act' has been released. Here are the core elements of the plan.*

(Excerpt) Read more at marketwatch.com ...


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 115th; housetaxplan; taxes; trumptaxcuts
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To: Zhang Fei

Then these figures are MEANINGLESS and USELESS...as I stated !


141 posted on 11/05/2017 1:50:44 PM PST by nopardons
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To: trebb
Nobody imagined that they would be able to "buy Porches" with the new tax SUPPOSED CUT; but they DID NOT expect that they would get screwed to the wall, either.

There is NO bracket that is 8%; NONE !

And it is extremely doubtful ( impossible! ) that 99.9% of Freepers have a taxable income of $90,000 or less.

In NYC, a married couple, with the wife being a teacher and the husband a firefighter would have a taxable of income of at least $100,000.

Many of your fellow FReepers, all over this nation have all kinds of different jobs, with different incomes. Painting with such a broad brush, as you do, is wrong; no matter what the topic !

142 posted on 11/05/2017 2:16:25 PM PST by nopardons
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To: WildHighlander57
Thanks; I wish that other posters would stop adamantly telling me that I'm wrong! Those people have NO idea what they're talking about, but I do.

This whole proposition is a POS and stinks on ice!

The top 20% pay 95% of ALL Fed taxes...NOW! These are the people who are getting hit the most and yet, this is supposed to somehow "increase" spending and boost the economy? It doesn't work that way at all...less money bin the pocket...less spending and less investments!

It's not just the extremely wealthy who get hit; it's also middle class folks!

And yet the people who pay no or very little Fed tax are going to get a BIG increase in "refunds". HUNH????

143 posted on 11/05/2017 2:23:57 PM PST by nopardons
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To: GOPe Means Bend Over Spell Run; All
You keep posting FALSE figures!

NOBODY SHOULD PAY ANY ATTENTION TO YOUR POSTS; THEY ARE NOT VALID!

144 posted on 11/05/2017 2:27:40 PM PST by nopardons
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To: GOPe Means Bend Over Spell Run
You're a damned DOG IN THE MANGER, who doesn't understand this POS proposition, hate your fellow FReepers ( and others who aren't here ) and sound like a MARXIST!

Just you wait, diddums, I b et that there IS stuff in this TAX INCREASE proposition, that is going to hit you and hit you hard...unless you have so low a taxable income, that the Fed sends you money you don't deserve to get!

145 posted on 11/05/2017 2:33:12 PM PST by nopardons
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To: Weirdad
If this passes, as is, which I doubt, things will only get MUCH WORSE later on!

For example...the supposed doing away with the death tax doesn't start for many years and once it does, it is on a sliding scale until it reaches the full amount. And it does NOT reach the supposed full repeal, for many more years after that; nor is it written so that it is permanent.

As with the promised repeal of ObamaCare...nothing changes for the better and nothing "good" comes to fruition.

146 posted on 11/05/2017 2:40:06 PM PST by nopardons
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Comment #147 Removed by Moderator

Comment #148 Removed by Moderator

Comment #149 Removed by Moderator

To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...

It's the tax plan, yeah, it's the tax plan...
150 posted on 11/05/2017 6:01:42 PM PST by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: nopardons
There is NO bracket that is 8%; NONE !

I guess you didn't go to the calculator site and actually look through it - lots of FReepers are retired and married, perhaps the 99+% was off but you seem to have deeper issues so I'll leave you to them....Since you assert that so many are making so much, perhaps you would be interested to know there is a FReepathon going on - here's a handy link...

Donate to FR

151 posted on 11/06/2017 1:24:25 AM PST by trebb (Where in the the hell has my country gone?)
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To: sheana

Hubby has extra with held from his pension, we might break even or get a couple hundred back.

Having no debt, and a little income on top of SS and Military Pension, which should not be considered income, push us to that 25% RANGE, we are being punished for being good Stewards of what little money the state and feds allow us to keep. What are people going to do if their is a Monetary collapse again that was bigger than the last one? Because the Feds will increase taxes on those with over $100K and up first, then that will slow the economy and create wide spread unemployment, especially in the service sector like restaurants, fast food, tourism, appliances, cars, etc.

Get an EMP attack any car/electronics before 1980 will be worthless.

I may be a Senior, I’m not STUPID. Plus being the wife of a Ret. SCPO you learn things the general public is blissfully ignorant of.


152 posted on 11/06/2017 5:09:55 AM PST by GailA (Ret. SCPO wife: suck it up buttercups it's President Donald Trump!)
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To: Jim Robinson

God only asked for 10 percent. Why should Washington ask for more_


153 posted on 11/06/2017 8:30:11 AM PST by Don Corleone (.leave the gun, take the canolis, take it to the mattress.)
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