Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
What's a decent amount to you?
I saved about $3800 on about 4% higher taxable income.
goody good for you, my earnings went up too, 3% Cola and a bit over $4,000 in interest, we lost over $85,000 in the markets in 2018, it's been recovered, off and on, this year; our tax deductions for fy 2018 (real estate tax, state income tax) meant we sent more to that Big Government you hate.
Yeah, San Francisco sucks that way.
All of CA and other Blue States with large urban areas were punished by Ryan and Trump. It's really that simple. The money I sent to Washington I can live with, but some seniors in the Bay Area will lose their homes when they cannot pay their real estate, St. income taxes and special district taxes, which go up annually.
Year one is only the beginning of how poorly most of us will be treated by the lies and fraud perpetrated by Ryan and Trump.
See and Read:
The Two Biggest Lies in Donald Trump's Tax Plan
From this link:
Personal Income Tax: Giving with One Hand, Taking with the Other
While the Trump administration has always prioritized corporate tax cuts, the president has told the public a very different story. The White House and its allies insisted the tax overhaul would cut taxes for middle-income families and increase them on the rich—including the president himself. Last November, Trump told a Missouri audience that this “is going to cost me a fortune, this thing, believe me,” and repeatedly claimed more generally that the “rich will not be gaining at all with this plan.” House Speaker Paul Ryan claimed that the plan would be built around middle-class concerns: people “who are low- and middle-income, they’re the ones who are literally living paycheck to paycheck, who are worried about losing their job or they haven’t gotten a raise in years. This is about them and not about people who are really high-income earners getting a break.”
These claims contain a half-truth and a proven falsehood. In the short run, the new tax law will provide some tax cuts to many American families. Over the plan’s first five years, between 2018 and 2023, close to 75 percent of the new law’s tax cuts ($740 billion out of $1.07 trillion) will go to individuals, not corporations. The plan shaves a few percentage points off all rates except the bottom, which remains 10 percent. More salient for middle-income Americans are a big boost in the standard deduction, from $13,000 to $24,000 for married couples, and a doubling of the credit most families get for each school-age child, from $1,000 to $2,000.
But what the Tax Act gives middle-income families with one hand, it takes away with the other. The new law repeals personal and dependent exemptions, increasing taxable income for a family of four by $16,600 in 2018. Many itemized deductions are pared back substantially: the deduction for state and local taxes (SALT) is capped at $10,000; the mortgage interest deduction is capped; and deductions for casualty and theft losses, employee business expenses, and union dues are eliminated outright. Deductions for moving expenses, tuition and fees, and alimony payments are also repealed.
All of CA and other Blue States with large urban areas were punished by Ryan and Trump. It's really that simple.
Yup.
but some seniors in the Bay Area will lose their homes when they cannot pay their real estate, St. income taxes and special district taxes, which go up annually.
They can sell their million dollar home and live somewhere less expensive.
Year one is only the beginning of how poorly most of us will be treated
Most of us?
Over the plan’s first five years, between 2018 and 2023, close to 75 percent of the new law’s tax cuts ($740 billion out of $1.07 trillion) will go to individuals, not corporations.
Wait, that refutes your previous claims.
The plan shaves a few percentage points off all rates except the bottom, which remains 10 percent. More salient for middle-income Americans are a big boost in the standard deduction, from $13,000 to $24,000 for married couples, and a doubling of the credit most families get for each school-age child, from $1,000 to $2,000.
Cutting my taxes....those bastards!!!
Deductions for …. alimony payments are also repealed.
View attachment 265978
Topic No. 452 Alimony | Internal Revenue Service
Don't cherry pick, you need to have posted this:
But what the Tax Act gives middle-income families with one hand, it takes away with the other. The new law repeals personal and dependent exemptions, increasing taxable income for a family of four by $16,600 in 2018. Many itemized deductions are pared back substantially: the deduction for state and local taxes (SALT) is capped at $10,000; the mortgage interest deduction is capped; and deductions for casualty and theft losses, employee business expenses, and union dues are eliminated outright. Deductions for moving expenses, tuition and fees, and alimony payments are also repealed.
They TELL you they do and you have bought it.
But it hasn't really helped the poor and middle class. The poor are still poor and the middle class are languishing and Trump won them because he went state to state and talked to them while Hillary was talking DOWN to them. The same is happening now. While the Dems worry about Social Justice and all manner of stupid things, the economy is actually healing. And if Trump wins, that will be why.
See if you can actually deal with this like your avatar says--with CRITICAL THINKING Billy and not going nuts. Try
goody good for you, my earnings went up too, 3% Cola and a bit over $4,000 in interest, we lost over $85,000 in the markets in 2018, it's been recovered, off and on, this year; our tax deductions for fy 2018 (real estate tax, state income tax) meant we sent more to that Big Government you hate.
Yeah, San Francisco sucks that way.
All of CA and other Blue States with large urban areas were punished by Ryan and Trump. It's really that simple. The money I sent to Washington I can live with, but some seniors in the Bay Area will lose their homes when they cannot pay their real estate, St. income taxes and special district taxes, which go up annually.
Year one is only the beginning of how poorly most of us will be treated by the lies and fraud perpetrated by Ryan and Trump.
See and Read:
The Two Biggest Lies in Donald Trump's Tax Plan
From this link:
Personal Income Tax: Giving with One Hand, Taking with the Other
While the Trump administration has always prioritized corporate tax cuts, the president has told the public a very different story. The White House and its allies insisted the tax overhaul would cut taxes for middle-income families and increase them on the rich—including the president himself. Last November, Trump told a Missouri audience that this “is going to cost me a fortune, this thing, believe me,” and repeatedly claimed more generally that the “rich will not be gaining at all with this plan.” House Speaker Paul Ryan claimed that the plan would be built around middle-class concerns: people “who are low- and middle-income, they’re the ones who are literally living paycheck to paycheck, who are worried about losing their job or they haven’t gotten a raise in years. This is about them and not about people who are really high-income earners getting a break.”
These claims contain a half-truth and a proven falsehood. In the short run, the new tax law will provide some tax cuts to many American families. Over the plan’s first five years, between 2018 and 2023, close to 75 percent of the new law’s tax cuts ($740 billion out of $1.07 trillion) will go to individuals, not corporations. The plan shaves a few percentage points off all rates except the bottom, which remains 10 percent. More salient for middle-income Americans are a big boost in the standard deduction, from $13,000 to $24,000 for married couples, and a doubling of the credit most families get for each school-age child, from $1,000 to $2,000.
But what the Tax Act gives middle-income families with one hand, it takes away with the other. The new law repeals personal and dependent exemptions, increasing taxable income for a family of four by $16,600 in 2018. Many itemized deductions are pared back substantially: the deduction for state and local taxes (SALT) is capped at $10,000; the mortgage interest deduction is capped; and deductions for casualty and theft losses, employee business expenses, and union dues are eliminated outright. Deductions for moving expenses, tuition and fees, and alimony payments are also repealed.
All of CA and other Blue States with large urban areas were punished by Ryan and Trump. It's really that simple.
Yup.
but some seniors in the Bay Area will lose their homes when they cannot pay their real estate, St. income taxes and special district taxes, which go up annually.
They can sell their million dollar home and live somewhere less expensive.
Year one is only the beginning of how poorly most of us will be treated
Most of us?
Over the plan’s first five years, between 2018 and 2023, close to 75 percent of the new law’s tax cuts ($740 billion out of $1.07 trillion) will go to individuals, not corporations.
Wait, that refutes your previous claims.
The plan shaves a few percentage points off all rates except the bottom, which remains 10 percent. More salient for middle-income Americans are a big boost in the standard deduction, from $13,000 to $24,000 for married couples, and a doubling of the credit most families get for each school-age child, from $1,000 to $2,000.
Cutting my taxes....those bastards!!!
Deductions for …. alimony payments are also repealed.
View attachment 265978
Topic No. 452 Alimony | Internal Revenue Service
Don't cherry pick, you need to have posted this:
But what the Tax Act gives middle-income families with one hand, it takes away with the other. The new law repeals personal and dependent exemptions, increasing taxable income for a family of four by $16,600 in 2018. Many itemized deductions are pared back substantially: the deduction for state and local taxes (SALT) is capped at $10,000; the mortgage interest deduction is capped; and deductions for casualty and theft losses, employee business expenses, and union dues are eliminated outright. Deductions for moving expenses, tuition and fees, and alimony payments are also repealed.
Cherry pick? LOL!
close to 75 percent of the new law’s tax cuts ($740 billion out of $1.07 trillion) will go to individuals, not corporations.
Looks like a $740 billion fucking cherry.
Deductions for moving expenses, tuition and fees, and alimony payments are also repealed.
Just to clarify, old alimony payments remain deductible for the payor, taxable for the recipient.
New alimony payments and not deductible for the payor and are NOT taxable for the recipient.
Don't cherry pick, you need to have posted this:
But what the Tax Act gives middle-income families with one hand, it takes away with the other. The new law repeals personal and dependent exemptions, increasing taxable income for a family of four by $16,600 in 2018. Many itemized deductions are pared back substantially: the deduction for state and local taxes (SALT) is capped at $10,000; the mortgage interest deduction is capped; and deductions for casualty and theft losses, employee business expenses, and union dues are eliminated outright. Deductions for moving expenses, tuition and fees, and alimony payments are also repealed.
Who the hell convinced angry incoherent lefties that "corporate lobbyists" only contributed to republicans? Hillary accepted about a quarter of a million dollars from Wall Street banking lobbyists for a series of mystery speeches that nobody ever heard. Her husband pardoned the most notorious corporate criminal in history (at the time) while he was on the FBI 10 most wanted in exchange for a chump change "donation" to Bill's Arkansas library. Maybe the incoherent angry left thinks that socialism is the answer. Let's hope they never find out.
Don't cherry pick, you need to have posted this:
But what the Tax Act gives middle-income families with one hand, it takes away with the other. The new law repeals personal and dependent exemptions, increasing taxable income for a family of four by $16,600 in 2018. Many itemized deductions are pared back substantially: the deduction for state and local taxes (SALT) is capped at $10,000; the mortgage interest deduction is capped; and deductions for casualty and theft losses, employee business expenses, and union dues are eliminated outright. Deductions for moving expenses, tuition and fees, and alimony payments are also repealed.
So, in an Average State with reasonable Income taxes of 5%, you have to make over $200,000 before you can't deduct any more State taxes from your Federal Income Taxes.
Right?
Question: I live in Florida, the wealthiest State in the Union, and we HAVE NO STATE INCOME TAX!!!
Why should I subsidize your Stupid fucking asses for voting in criminal scumbags that steal your money and give to other criminals?
Answer: I shouldn't have to. You live in the shithole you live in. Suck on it.
A Capped Mortgage Deduction, you say?
You mean the one that's capped at ONE MILLION FUCKING DOLLARS?!?!?!!!!
Fuck you. Just shut the fuck up and go away.
You are nothing more than a piece of shit liar that wants to bullshit the unsuspecting.
One thing I've found over the years that is undeniably accurate -- If it comes from a dimocrap, it is a lie
It seems it never works to report people like you for a lack of decorum, and using such vulgar rhetoric to lie.
Florida is 38th in wealth and opportunity, CA to 20th and Hawaii is #1
https://www.usnews.com/news/best-states/rankings/opportunity/economic-opportunity
Now, go away and lie elsewhere.
Don't cherry pick, you need to have posted this:
But what the Tax Act gives middle-income families with one hand, it takes away with the other. The new law repeals personal and dependent exemptions, increasing taxable income for a family of four by $16,600 in 2018. Many itemized deductions are pared back substantially: the deduction for state and local taxes (SALT) is capped at $10,000; the mortgage interest deduction is capped; and deductions for casualty and theft losses, employee business expenses, and union dues are eliminated outright. Deductions for moving expenses, tuition and fees, and alimony payments are also repealed.
So, in an Average State with reasonable Income taxes of 5%, you have to make over $200,000 before you can't deduct any more State taxes from your Federal Income Taxes.
Right?
Question: I live in Florida, the wealthiest State in the Union, and we HAVE NO STATE INCOME TAX!!!
Why should I subsidize your Stupid fucking asses for voting in criminal scumbags that steal your money and give to other criminals?
Answer: I shouldn't have to. You live in the shithole you live in. Suck on it.
A Capped Mortgage Deduction, you say?
You mean the one that's capped at ONE MILLION FUCKING DOLLARS?!?!?!!!!
Fuck you. Just shut the fuck up and go away.
You are nothing more than a piece of shit liar that wants to bullshit the unsuspecting.
One thing I've found over the years that is undeniably accurate -- If it comes from a dimocrap, it is a lie
It seems it never works to report people like you for a lack of decorum, and using such vulgar rhetoric to lie.
Florida is 38th in wealth and opportunity, CA to 20th and Hawaii is #1
https://www.usnews.com/news/best-states/rankings/opportunity/economic-opportunity
Now, go away and lie elsewhere.
It seems it never works to report people like you for a lack of decorum, and using such vulgar rhetoric to lie.
Florida is 38th in wealth and opportunity, CA to 20th and Hawaii is #1
https://www.usnews.com/news/best-states/rankings/opportunity/economic-opportunity
Now, go away and lie elsewhere.
If you weren't such a lying scumbag, I wouldn't blow my top with you. You should trying being honest once in a while. You might get to like it.
My information re: Florida's fiscal condition was slightly dated. We're down to 4th right now because of the seriously bad Hurricanes we gotten lately.
State Fiscal Rankings
But Florida is nearly always ranked at or near the top in being fiscally sound. And we have NO State Income Tax.
Know who's always ranked near the bottom?
(hint) it's the State that cursed us with the worst president in history
Take a wild-assed guess.
Postscript:
Q. Why do we in CA and other states send aid to Florida when nearly every year named storms destroy property and kill your fellow Floridians.
A. Because we are all in this together, or we used to be until the Freedom Caucus and Trump decided some places are worthy, and others are not worthy of aid.
Postscript:
Q. Why do we in CA and other states send aid to Florida when nearly every year named storms destroy property and kill your fellow Floridians.
A. Because we are all in this together, or we used to be until the Freedom Caucus and Trump decided some places are worthy, and others are not worthy of aid.
Post Postscript:
Why do feel the need to change the subject when you start to lose an argument?
And, do you think California's Earthquakes are cheap?
moron
The 10 most expensive earthquakes in U.S. history
You first claimed to be the wealthiest, now you claim the state is nearly fiscally sound. I posted in response to your first statement.
It's easy to be fiscally sound, don't pay for needed services.
Postscript:
Q. Why do we in CA and other states send aid to Florida when nearly every year named storms destroy property and kill your fellow Floridians.
A. Because we are all in this together, or we used to be until the Freedom Caucus and Trump decided some places are worthy, and others are not worthy of aid.
Post Postscript:
Why do feel the need to change the subject when you start to lose an argument?
And, do you think California's Earthquakes are cheap?
moron
The 10 most expensive earthquakes in U.S. history
Your first paragraph is an not true, seems you lie to yourself too.
Herein are the number of earthquakes in CA since 1812, with the number of deaths and the cost in property damage:
List of earthquakes in California - Wikipedia
More storms his FL than any other State:
List of Florida hurricanes - Wikipedia
By 2100 most of FL will be under water, and returned to a state of nature: Reptiles will outnumber the number of people.
Postscript:
Q. Why do we in CA and other states send aid to Florida when nearly every year named storms destroy property and kill your fellow Floridians.
A. Because we are all in this together, or we used to be until the Freedom Caucus and Trump decided some places are worthy, and others are not worthy of aid.
Post Postscript:
Why do feel the need to change the subject when you start to lose an argument?
And, do you think California's Earthquakes are cheap?
moron
The 10 most expensive earthquakes in U.S. history
Your first paragraph is an not true, seems you lie to yourself too.
Herein are the number of earthquakes in CA since 1812, with the number of deaths and the cost in property damage:
List of earthquakes in California - Wikipedia
More storms his FL than any other State:
List of Florida hurricanes - Wikipedia
By 2100 most of FL will be under water, and returned to a state of nature: Reptiles will outnumber the number of people.
There's something wrong with you
That would have zero impact on me. Nice try. Another guess?Raising the minimum wage you're surely working for??Oh you’re very right. Lobbyists own democrats as well. However, the key difference is that democrats push legislation that also benefits the poor and middle class.It’s better than being you and being washed away with the tide til you’re so far from land that you forgot what it looks like.Tough swimming against the tide isn't it?
Billy are we supposed to pretend Democrats don't listen to lobbyists and in fact are not owned by lobbyists?
Remember: it takes intelligence and maturity to appreciate the role of government. This is your big, fat, federal government right here. Don't you love it? Aren't you proud?
I am middle class. What Democrat policy has helped me?
The best way to raise the minimum wage is to deport all the cheap labor illegal aliens that Democrats love so much. Having said that, trickle down was also an anti worker bunch of BS mainly pushed by the idiotic neocon establishment.Raising the minimum wage you're surely working for??Oh you’re very right. Lobbyists own democrats as well. However, the key difference is that democrats push legislation that also benefits the poor and middle class.Billy are we supposed to pretend Democrats don't listen to lobbyists and in fact are not owned by lobbyists?
Remember: it takes intelligence and maturity to appreciate the role of government. This is your big, fat, federal government right here. Don't you love it? Aren't you proud?
I am middle class. What Democrat policy has helped me?
Who hires aliens unable to work in the US, and what impact would their termination have on our economy?
Consider:
8 Million People Are Working Illegally in the U.S. Here’s Why That’s Unlikely to Change.
Three New Ways for Congress to Legalize Illegal Immigrants
Trump's simplistic hate and fear immigration solution is harmful to people and to our economy.
The Economics and Policy of Illegal Immigration in the United States
So does that mean your pure soul has never broken the law before? Yeah right lol. You’re a hypocrite.The best way to raise the minimum wage is to deport all the cheap labor illegal aliens that Democrats love so much. Having said that, trickle down was also an anti worker bunch of BS mainly pushed by the idiotic neocon establishment.Raising the minimum wage you're surely working for??Oh you’re very right. Lobbyists own democrats as well. However, the key difference is that democrats push legislation that also benefits the poor and middle class.
I am middle class. What Democrat policy has helped me?
Who hires aliens unable to work in the US, and what impact would their termination have on our economy?
Consider:
8 Million People Are Working Illegally in the U.S. Here’s Why That’s Unlikely to Change.
Three New Ways for Congress to Legalize Illegal Immigrants
Trump's simplistic hate and fear immigration solution is harmful to people and to our economy.
The Economics and Policy of Illegal Immigration in the United States
Logic is not hate. If you are here illegally you’re breaking the law. We are either a country of laws or we are not. No gray area.
So does that mean your pure soul has never broken the law before? Yeah right lol. You’re a hypocrite.The best way to raise the minimum wage is to deport all the cheap labor illegal aliens that Democrats love so much. Having said that, trickle down was also an anti worker bunch of BS mainly pushed by the idiotic neocon establishment.Raising the minimum wage you're surely working for??I am middle class. What Democrat policy has helped me?
Who hires aliens unable to work in the US, and what impact would their termination have on our economy?
Consider:
8 Million People Are Working Illegally in the U.S. Here’s Why That’s Unlikely to Change.
Three New Ways for Congress to Legalize Illegal Immigrants
Trump's simplistic hate and fear immigration solution is harmful to people and to our economy.
The Economics and Policy of Illegal Immigration in the United States
Logic is not hate. If you are here illegally you’re breaking the law. We are either a country of laws or we are not. No gray area.
Corporate lobbyists: “hey, GOP, we will give you a shit ton of money if you suck our dicks.”
GOP: “not yet. You’re moving too fast for us.”
Corporate lobbyists: “okay fine. We’ll just give you a shit ton of money to pass legislation that benefits our corporation and pleases the shareholders.”
GOP: “what? How the hell are we supposed to do that?”
Corporate lobbyists: “Give us ridiculous income tax cuts and rig the tax code so that we can take advantage of generous loopholes and deductions to save even more money. Just keep the “official” corporate tax rate high. It’s enough to fool your voters as being relevant and worth a damn. Oh, and call poor people lazy and do absolutely nothing to help them because it’s already fishy enough that the deficit will explode. We can’t add unnecessary expenses like that.”
GOP: “wouldn’t it be better for everyone if we just cut taxes for the poor and middle class? That way, they would have more money to spend on the economy and not only create profit for you, but more jobs for them.”
Corporate lobbyists: “um no. We get rich faster if we just save money through these tax cuts we don’t deserve.”
GOP: “how are we supposed to explain this to our base?!”
Corporate lobbyists: “Just tell them that the richer executives get, the more they will invest in wages and benefits for their workers. We will choose not to do that, of course, because we have a fiduciary responsibility to maximize profits for shareholders - even at the expense of our workers.”
GOP: “Ready BREAK!”
It’s better than being you and being washed away with the tide til you’re so far from land that you forgot what it looks like.Tough swimming against the tide isn't it?Corporate lobbyists: “hey, GOP, we will give you a shit ton of money if you suck our dicks.”
GOP: “not yet. You’re moving too fast for us.”
Corporate lobbyists: “okay fine. We’ll just give you a shit ton of money to pass legislation that benefits our corporation and pleases the shareholders.”
GOP: “what? How the hell are we supposed to do that?”
Corporate lobbyists: “Give us ridiculous income tax cuts and rig the tax code so that we can take advantage of generous loopholes and deductions to get save even more money. Just keep the “official” corporate tax rate high. It’s enough to fool your voters as being relevant and worth a damn. Oh, and call poor people lazy and do absolutely nothing to help them because it’s already fishy enough that the deficit will explode. We can’t add unnecessary expenses like that.”
GOP: “wouldn’t it be better for everyone if we just cut taxes for the poor and middle class? That way, they would have more money to spend on the economy and not only create profit for you, but more jobs for them?”
Corporate lobbyists: “um no. We get rich faster if we just save money through these tax cuts we don’t deserve.”
GOP: “how are we supposed to explain this to our base?!”
Corporate lobbyists: “Just tell them that the richer executives get, the more they will invest in wages and benefits for their workers. We will choose not to do that, of course, because we have a fiduciary responsibility to maximize profits for shareholders - even at the expense of our workers.”
GOP: “Ready BREAK!”
Billy are we supposed to pretend Democrats don't listen to lobbyists and in fact are not owned by lobbyists?
Remember: it takes intelligence and maturity to appreciate the role of government. This is your big, fat, federal government right here. Don't you love it? Aren't you proud?
tax cutsthe middle class has been screwed for 40 years under these policies
Which policies?
How do tax cuts screw the middle class?
The Trump tax cuts saved me a decent amount and I'm far from a 1%er.
Democrats push legislation that also benefits the poor and middle class. Pushing legislation that promises free this and that fueled by the lie that you will pay for it all by just taxing the rich more helps no one. It keeps the poor dependent on the government which might help the Democrats in an election but it doesn't make the poor any less poor and since simply taxing the rich wont even begin to cover the cost of all the programs the left wants the price for it will start to fall on the middle class as well which in turn moves them down to poor.
