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Replies: 23
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Heisman Winner [111623]
TigerPulse: 100%
Posts: 73771
Joined: 9/10/03
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If you make less than 75k, trump's tax plan
Nov 17, 2017, 5:57 PM
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will help you very little, and can hurt you by 2028 when costs are offset under 3 different scenarios. If you make over 100k, you do extremely well either way.
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Heisman Winner [134505]
TigerPulse: 100%
Posts: 26395
Joined: 9/18/12
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Re: If you make less than 75k, trump's tax plan
Nov 17, 2017, 6:13 PM
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I just need to pick up about 13,000 more lbs. of cans and I'll be okay.
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CU Medallion [73569]
TigerPulse: 100%
Posts: 78044
Joined: 11/30/98
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You know what I read?
Nov 17, 2017, 6:48 PM
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Waaaaaaaaaaaaaaaaaa!
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Legend [15492]
TigerPulse: 100%
Posts: 18413
Joined: 12/10/14
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Re: You know what I read?
Nov 17, 2017, 7:22 PM
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> Waaaaaaaaaaaaaaaaaa!
What's it like being so convicted by ideology and hatred for a political party that you'd vote against your own interests?
The sound you hear isn't Waaaaa, it's Baaaa baaaa.
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Legend [18024]
TigerPulse: 100%
Posts: 30156
Joined: 9/9/06
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Related:
Nov 17, 2017, 6:51 PM
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Heisman Winner [119722]
TigerPulse: 100%
Posts: 54485
Joined: 6/24/09
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CU Medallion [58415]
TigerPulse: 100%
Posts: 46324
Joined: 4/23/00
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This is correct. There have been years when I paid zero.***
Nov 17, 2017, 8:07 PM
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Oculus Spirit [97729]
TigerPulse: 100%
Posts: 64865
Joined: 7/13/02
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No taxation without representation
Nov 18, 2017, 11:13 AM
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Pretty sure that should also work in reverse.
No representation without taxation.
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CU Medallion [58415]
TigerPulse: 100%
Posts: 46324
Joined: 4/23/00
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I'm just about smack in the middle, and I'll get a decent
Nov 17, 2017, 8:05 PM
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cut as far as I can tell. I think this graphic is #####.
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All-In [34594]
TigerPulse: 100%
Posts: 41422
Joined: 4/20/01
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dont tell these libbies facts***
Nov 17, 2017, 9:03 PM
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All-In [34594]
TigerPulse: 100%
Posts: 41422
Joined: 4/20/01
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Liar***
Nov 17, 2017, 9:02 PM
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Heisman Winner [111623]
TigerPulse: 100%
Posts: 73771
Joined: 9/10/03
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I love you too
Nov 17, 2017, 9:09 PM
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Crash!
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All-In [34594]
TigerPulse: 100%
Posts: 41422
Joined: 4/20/01
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you are lying...no one pays more in taxes***
Nov 17, 2017, 9:33 PM
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Heisman Winner [111623]
TigerPulse: 100%
Posts: 73771
Joined: 9/10/03
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capt'n reach aRound !
Nov 17, 2017, 9:52 PM
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null
Message was edited by: Tigerbalm1®
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All-In [26968]
TigerPulse: 96%
Posts: 44823
Joined: 7/6/10
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I will. Can't speak for anyone else,
Nov 20, 2017, 7:50 AM
[ in reply to you are lying...no one pays more in taxes*** ] |
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but I've run the numbers on me. I'm not mad about it, and I'm not against the tax plan. But I know at least 2 people (me and my wife) who will see an increase in taxes under the proposed plan.
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CU Medallion [54758]
TigerPulse: 100%
Posts: 52802
Joined: 10/1/03
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are these the facts Crash was talking about?***
Nov 20, 2017, 8:38 AM
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All-TigerNet [13360]
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Posts: 9886
Joined: 1/23/06
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This is one of the stupidest graphs ever!
Nov 17, 2017, 9:13 PM
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Focus on the fine print.
This is result IF you take the FAKE lack of funds received by the govt and make EVERYONE pay them off equally!
So take the above post into context- 40% of tax payers pay no income taxes at all.
As it stands- the top 10% of income earners is less than 1% of the population.
The top 20% pay about 85% of all income taxes.
And the bottom 50% of income earners pays less than 3% of all federal taxes.
So how in the world would you all of a sudden tax everyone equally???
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All-In [34110]
TigerPulse: 100%
Posts: 33619
Joined: 9/13/99
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Good catch.***
Nov 19, 2017, 9:58 PM
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All-In [26968]
TigerPulse: 96%
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Joined: 7/6/10
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My household makes a hair over 75k...
Nov 20, 2017, 7:34 AM
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and according to my calculations, I'll pay just a hair more taxes under the proposed tax bill than I do under the current law (like a difference of $100 bucks or so).
It really will depend on the individual circumstances of each family. If you're a family who doesn't itemize, you should pay less taxes, if you make around the same amount of money we do, anyway.
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All-TigerNet [13360]
TigerPulse: 100%
Posts: 9886
Joined: 1/23/06
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FWIW- no one trusts your calculations because
Nov 20, 2017, 8:03 AM
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Of your fooseball rankings.
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All-In [26968]
TigerPulse: 96%
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Joined: 7/6/10
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LOL!***
Nov 20, 2017, 8:10 AM
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All-In [34110]
TigerPulse: 100%
Posts: 33619
Joined: 9/13/99
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All-In [26968]
TigerPulse: 96%
Posts: 44823
Joined: 7/6/10
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I don't remember where I got it, but one site
Nov 20, 2017, 10:17 AM
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had the proposed tax rates and the differences in deductions between currently law and the proposed law.
The key, for me, was that the personal exemptions went away. Under current law, I would take the personal exemptions and itemize deductions, since my deductions would be more than the standard.
Under the new law, the standard deduction is increased significantly, so I would no longer itemize. But, the (person exemptions + itemized deductions) under current law is a little more than the standard deduction under the new law, for me. So my taxable income is somewhat higher under the new law. The rate is reduced some, but still, the total tax is just a little north of where I am under current law.
If I weren't a tither, I would benefit under the new law. If I had kids, I would probably benefit (they are increasing the child tax credit, I believe). That's what I mean about how it gets really specific for individual families. I may be threading the needle somewhat with my situation.
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All-In [34110]
TigerPulse: 100%
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Joined: 9/13/99
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Thanks.***
Nov 20, 2017, 10:20 AM
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