Read 'em and weep: President Trump's Big Beautiful Bill approaches final vote

[toobfreak]

Pelosi has to be FUMING at this point. Her nemesis has defeated her.

Get back to me when her hair has caught fire.

 

[Rigby5]

The STD deduction is over $30K married joint now. You need high property and income to reach that level. So those are elite coastal DEMs mostly, they get a small amount more? Is it worth the hassle itemizing?

SALT is State & local taxes...not military.
[/QUOTE]

The standard deduction is still way too little.
Once you include reasonable mortgage costs or rents, the cost of transportation, food, clothing, etc., that is not enough.
But it is even worse for single people.
Rent alone is almost $25k per years.

I always itemize because you get to write off things like property taxes, interest, rental depreciation, etc.
But it is wrong they do not let you write off basic expensive like food.

 

[Rigby5]

It's gloating time, hey Dems...

Most likely the dems and repubs are fake, and both on the same side, of the wealthy elite.
If not, then we would have had public health care over 70 years ago, like most countries do.

 

[skye]

oh Hakeem

 

[toobfreak]

oh Hakeem

I wonder if or when democrats start feeling like total idiots with his lectures and filibusters going absolutely nowhere. I mean, it is not like anyone is even listening to him.

Democrats remind me of Calvin (of Calvin & Hobbs) being dragged to the table kicking and screaming fighting not to eat his vegetables.

 

[leftwinger]

The STD deduction is over $30K married joint now. You need high property and income to reach that level. So those are elite coastal DEMs mostly, they get a small amount more? Is it worth the hassle itemizing?

SALT is State & local taxes...not military.

The standard deduction is still way too little.
Once you include reasonable mortgage costs or rents, the cost of transportation, food, clothing, etc., that is not enough.
But it is even worse for single people.
Rent alone is almost $25k per years.

I always itemize because you get to write off things like property taxes, interest, rental depreciation, etc.
But it is wrong they do not let you write off basic expensive like food.
[/QUOTE]


Stop it! Stop working me!!! I lived in CA, owned a $544K home. I made 6 figures. You write off Mortgage interest and State income or local taxes + property tax!!!! It is hard to exceed $32K!!! Stop it! Stop it on me!!!!! Property taxes were 1.125%. (~$6K per year, I forget annually or twice per year?) Income taxes were $5K-$6K I think. Mortgae interest varied all over. $1000 $2000? Per month!!!! Depends on rate.
No tell me how you beat $32K? STD was right on foe normal people.

If to got a $10million hone...uh yeah. Coastal or hills.....Elitist. CA dems. You itemize. Trump 2017 saved us ALL a bunch of headache!!!!

Car registration? $500? Medical? Must be 7% of income? SHUP. It's a mess. Trump saved us!!!!! Mt. RUSHMORE!!!!! YOU DUMB OX.

 

[Blisterfinger]

Tell us how it hurts us

I don't want to help Democrats pay their state taxes.

 

[Mac1958]

The flock is celebrating another budget buster.

After all that talk.

What a shock, huh?

 

[Blisterfinger]

The flock is celebrating another budget buster.

After all that talk.

What a shock, huh?

Trump is sure kicking your ass. LOL

 

[Mac1958]

The flock is celebrating another budget buster.

After all that talk.

What a shock, huh?

Trump is sure kicking your ass. LOL

And there ya go. The very next post.

 

[Blisterfinger]

And there ya go. The very next post.

LOL how embarrassing for you! It's called winning, something you don't know how to do. Democrats, LOL

 

[Rigby5]

The standard deduction is still way too little.
Once you include reasonable mortgage costs or rents, the cost of transportation, food, clothing, etc., that is not enough.
But it is even worse for single people.
Rent alone is almost $25k per years.

I always itemize because you get to write off things like property taxes, interest, rental depreciation, etc.
But it is wrong they do not let you write off basic expensive like food.

Stop it! Stop working me!!! I lived in CA, owned a $544K home. I made 6 figures. You write off Mortgage interest and State income or local taxes + property tax!!!! It is hard to exceed $32K!!! Stop it! Stop it on me!!!!! Property taxes were 1.125%. (~$6K per year, I forget annually or twice per year?) Income taxes were $5K-$6K I think. Mortgae interest varied all over. $1000 $2000? Per month!!!! Depends on rate.
No tell me how you beat $32K? STD was right on foe normal people.

If to got a $10million hone...uh yeah. Coastal or hills.....Elitist. CA dems. You itemize. Trump 2017 saved us ALL a bunch of headache!!!!

Car registration? $500? Medical? Must be 7% of income? SHUP. It's a mess. Trump saved us!!!!! Mt. RUSHMORE!!!!! YOU DUMB OX.
[/QUOTE]

No, you missed the point.
You are trying to say that they do not allow things like renters to write off rent, food, etc., so the standard deduction is better than what you are allowed to itemize.

But what I was saying is that IF they allowed people to write off their true cost of doing business, it would include rent, food, transportation, etc. and that would be much more than the current standard deduction.

 

[Mac1958]

Anyone here read the whole bill?

I've been looking and the final version isn't online yet.

Take a look at posts 169 and 170, right above here.

They don't care about what's in it, or how much it costs. They just want to feel like they've won something.

 

[Rigby5]

LOL how embarrassing for you! It's called winning, something you don't know how to do. Democrats, LOL

Its NOT "winning".
The National Debt is already $37 trillion.
That much is hard to finance.
So we may be paying as much as 10% interest on it.
Which means every year we are throwing away $3.7 trillion on just keeping even on the debt interest.
That is $3.7 trillion we will have to generate in taxes but not get to spend.
So the couple trillion more this budget bill proposes, could be enough to make us go under.
If we can't pay the interest or no one wants to loan us the money, then we go bankrupt, our currency becomes worthless, and we become a third world, banana republic.

 

[jc456]

The flock is celebrating another budget buster.

After all that talk.

What a shock, huh?

Blah blah blah, don’t you have any new material from demofks?

 

[Mac1958]

The flock has been duped. Again.

And they don't even see it. Again.

 

[Blisterfinger]

Its NOT "winning".
The National Debt is already $37 trillion.
That much is hard to finance.
So we may be paying as much as 10% interest on it.
Which means every year we are throwing away $3.7 trillion on just keeping even on the debt interest.
That is $3.7 trillion we will have to generate in taxes but not get to spend.
So the couple trillion more this budget bill proposes, could be enough to make us go under.
If we can't pay the interest or no one wants to loan us the money, then we go bankrupt, our currency becomes worthless, and we become a third world, banana republic.

It's called winning. Bend over while we paddle your ass and show you how it's done.

 

[Blisterfinger]

The flock has been duped. Again.

And they don't even see it. Again.

Says the king of being duped. A ******* Democrat hahahahahahahahahaha rofl!

 

[leftwinger]

Stop it! Stop working me!!! I lived in CA, owned a $544K home. I made 6 figures. You write off Mortgage interest and State income or local taxes + property tax!!!! It is hard to exceed $32K!!! Stop it! Stop it on me!!!!! Property taxes were 1.125%. (~$6K per year, I forget annually or twice per year?) Income taxes were $5K-$6K I think. Mortgae interest varied all over. $1000 $2000? Per month!!!! Depends on rate.
No tell me how you beat $32K? STD was right on foe normal people.

If to got a $10million hone...uh yeah. Coastal or hills.....Elitist. CA dems. You itemize. Trump 2017 saved us ALL a bunch of headache!!!!

Car registration? $500? Medical? Must be 7% of income? SHUP. It's a mess. Trump saved us!!!!! Mt. RUSHMORE!!!!! YOU DUMB OX.

No, you missed the point.
You are trying to say that they do not allow things like renters to write off rent, food, etc., so the standard deduction is better than what you are allowed to itemize.

But what I was saying is that IF they allowed people to write off their true cost of doing business, it would include rent, food, transportation, etc. and that would be much more than the current standard deduction.
[/QUOTE]


Ok. Different subject. Rent? Many would be getting a refund. They dont make enough to pay tax equal to rent?

 

[leftwinger]

The flock has been duped. Again.

And they don't even see it. Again.

No we dont like it 100% we want all wasted BS chopped. We got some.
We know it would be much worse if your kkklan was in charge. They are why we are here. Wasted stolen $28T since 08'