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To: SkyPilot; Mariner

Yup.

Just like we tried to point out.


26 posted on 04/17/2018 8:42:07 PM PDT by lightman (ANTIFA is full of Bolshevik.)
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To: lightman; Mariner; Rome2000; Scotswife; nopardons
Yup. Just like we tried to point out.

We sure did. And not just in California either, millions of Americans will pay more in taxes, and not all of us "millionaires." I was only able to somewhat soften the blow this tax year by pre-paying some property taxes and taking some other actions before January 1st - all of which are now closed and illegal in the current tax law.

And also as we tried to warn people, the individual tax cuts are not permanent - only their corporate cuts.

Most times, the sentiment of this board is grounded, sane, and even prophetic. In regards to the Tax Bill, the issue became one of those that no matter how many facts we raised, it didn't matter. We were shouted down by those who pounded the table louder.

The bill cared about slashing the corporate rate by a massive amount (35% to 21%), and that was its focus (not individuals). The estate tax, alternate minimum tax, and reduction in the top rates were aimed at the very wealthy. If you are middle or upper middle income from a high tax state, you were screwed.


60 posted on 04/18/2018 3:04:27 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)
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