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Started By
Message
So what's going on with taxes
Posted on 8/16/17 at 10:43 am
Posted on 8/16/17 at 10:43 am
screw all the politics fights you nerds have here. I just want to know stuff that impacts me. What and when will tax reform happen? My family makes between 100-200k a year would I save or pay more?
This is not a subtle brag, I live near San Francisco
This is not a subtle brag, I live near San Francisco
This post was edited on 8/16/17 at 10:47 am
Posted on 8/16/17 at 10:44 am to fareplay
not so subtle brag thread fail, have a downvote.
Posted on 8/16/17 at 10:45 am to fareplay
quote:
screw all the politics fights you nerds have here. I just want to know stuff that impacts me. What and when will tax reform happen? My family makes between 100-200k a year would I save or pay more?
Subtle brag
ETA: dammit...missed it by thaaaat much.
This post was edited on 8/16/17 at 10:46 am
Posted on 8/16/17 at 10:45 am to Krokodil
I live in the Bay Area. 200k is no brag at all
Posted on 8/16/17 at 10:46 am to Gusoline
quote:
not so subtle brag thread fail, have a downvote.
"Between 100-200k" as a family isn't much of a brag.
Posted on 8/16/17 at 10:48 am to fareplay
quote:
So what's going on with taxes
Nothing meaningful yet and no real timetable or concrete plan. Disappointing. You should probably care a little more about the "political fights" because unfortunately things like tax reform take cooperation and cooperation depends on political capital of which Trump appears to have little right now.
Posted on 8/16/17 at 10:49 am to elposter
This subfourm is a shitshow with people either posting about racism or who trump is bashing on twitter.
Posted on 8/16/17 at 10:49 am to fareplay
I wouldn't expect much of anything to change as far as actual meaningful legislation over the next 4 years. No healthcare reform. No wall. No tax reform. No change in foreign policy.
This post was edited on 8/16/17 at 10:52 am
Posted on 8/16/17 at 10:50 am to fareplay
quote:
What and when will tax reform happen?
It doesn't appear that anything is happening soon, if it happens at all.
Posted on 8/16/17 at 10:51 am to fareplay
I'm with you man. Back in the present day we got shite to fix.
Posted on 8/16/17 at 10:51 am to imjustafatkid
houses run $75-120/sq ft here, 150K will go a long arse way round these parts and most of rural America.
Posted on 8/16/17 at 10:54 am to Gusoline
here is relative
In the bay area, 1200 sq ft house costs upwards of a mil depending on location
In the bay area, 1200 sq ft house costs upwards of a mil depending on location
Posted on 8/16/17 at 10:57 am to Gusoline
My wife doesnt want to leave this area, so any tax support i can get..
Posted on 8/16/17 at 10:59 am to fareplay
quote:
My family makes between 100-200k a year would I save or pay more?
well then you'll be happy to know that for tax year 2016 you entered the 28% bracket at $151,900 and for 2017 you wont enter that bracket until you make $153,100 married filing joint.
seriously making 150k taking just the standard deduction and assuming a maximum 401k deduction and two additional dependents that's a family of 4 making 150k, your maximum tax liability would be $18,250 or an effective rate of 12%.
how much lower do you want them to be?
Posted on 8/16/17 at 11:00 am to tedmarkuson
Since CA takes 10 or so %. a little lower wouldnt be bad.
Also we have no kids
Also we have no kids
Posted on 8/16/17 at 11:33 am to Jorts R Us
What happened to the fix? I mean immigration doesn't mean much to me, healthcare is from work, I just want this done
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