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New Income Tax Calculator - Trump vs. Obama

Posted on 11/14/16 at 8:23 am
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22233 posts
Posted on 11/14/16 at 8:23 am
Unscientific but interesting.

Trump's Tax Plan

Tax Calcualtor - Trump vs. Obama



Posted by thelawnwranglers
Member since Sep 2007
38738 posts
Posted on 11/14/16 at 8:28 am to
I hope this is true

big league!
Posted by jtblsu
Member since Feb 2010
482 posts
Posted on 11/14/16 at 8:28 am to
Just saved $10,000
Posted by saints5021
Louisiana
Member since Jul 2010
17424 posts
Posted on 11/14/16 at 8:31 am to
dropped my bill from 12k to 3k...on time and under budget!
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67482 posts
Posted on 11/14/16 at 8:32 am to
quote:

Just saved $10,000

Why is it always about you & why do you hate income redistribution?

C'mon say it, say it, SAY IT......bc we're not a socialist/communist country that's why.
Posted by llfshoals
Member since Nov 2010
15345 posts
Posted on 11/14/16 at 8:33 am to
I'm 12k better off. When can we pass it?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10382 posts
Posted on 11/14/16 at 8:34 am to
No chance this will pass. If I would save 14k a year I wouldn't know what to do with all of the extra money. Talk about a stimulus for the economy.
Posted by CoachChappy
Member since May 2013
32504 posts
Posted on 11/14/16 at 8:34 am to
Well that saved me $10K, but being a liberal dickbag, I'm going to pay my fair share and not take advantage of the extra tax relief.

ETA (heavy sarcasm. )
This post was edited on 11/14/16 at 8:39 am
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22233 posts
Posted on 11/14/16 at 8:35 am to
quote:

Why is it always about you & why do you hate income redistribution?
Because I'm in charge of my own destiny and there are no longer any excuses for not being so?
Posted by CptRusty
Basket of Deplorables
Member since Aug 2011
11740 posts
Posted on 11/14/16 at 8:38 am to
Please please please, oh Orange One
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67482 posts
Posted on 11/14/16 at 8:40 am to
quote:

Because I'm in charge of my own destiny and there are no longer any excuses for not being so?

Why do you hate big Brother (Fed) doing everything for you? Don't you know you'll just frick it up? Says every Demtard.
Posted by redfishfan
Baton Rouge
Member since Oct 2015
4392 posts
Posted on 11/14/16 at 8:40 am to
I hope like hell he gets his tax plan passed. Would save me 14k a year.
Posted by BlackAdam
Member since Jan 2016
6439 posts
Posted on 11/14/16 at 8:41 am to
The calculator does not factor in child tax credit, so for most middle class Americans the savings would be a little bigger.
Posted by Loserman
Member since Sep 2007
21855 posts
Posted on 11/14/16 at 8:42 am to
quote:

...but being a liberal... I'm going to pay my fair share and not take advantage of the extra tax relief.





Never been done in the history of the Republic
Posted by thelawnwranglers
Member since Sep 2007
38738 posts
Posted on 11/14/16 at 8:42 am to
quote:

The calculator does not factor in child tax credit, so for most middle class Americans the savings would be a little bigger.


I have a lot of house interest wonder if they phase it out or not

if not profit
This post was edited on 11/14/16 at 8:43 am
Posted by redfishfan
Baton Rouge
Member since Oct 2015
4392 posts
Posted on 11/14/16 at 8:42 am to
The biggest change he has is increasing the standard deduction. That's huge for the middle class.
Posted by GumboPot
Member since Mar 2009
118636 posts
Posted on 11/14/16 at 8:42 am to
I'd save bigly.
Posted by CoachChappy
Member since May 2013
32504 posts
Posted on 11/14/16 at 8:46 am to
Is it getting the new number by factoring in deductions at all?
Posted by GumboPot
Member since Mar 2009
118636 posts
Posted on 11/14/16 at 8:48 am to
The app ask for you adjusted gross income, so yes.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
59524 posts
Posted on 11/14/16 at 8:49 am to
It would simplify the process, because most folks would have a mountain of paperwork to get to $30k in itemized deductions. It would also cut down on the number of folks who get audited.
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