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Message
re: Middle class taxes going up with what was passed?
Posted on 12/4/17 at 7:00 pm to LSUGrrrl
Posted on 12/4/17 at 7:00 pm to LSUGrrrl
quote:
Please detail.
its a tax cut for the middle class, no the tax cuts sunset while corporate rates are permanent. 9 years out those making 77k or less will see a hike while corporations, flush with cash now, get to ride it out.
its a tax cut for the middle class, no they why tax scholastic efforts, take away deductions for students and property owners, the bill provided loopholes for private jets and golf course owners.
its not a tax cut for the wealth, yes it is, .02 of 1 percent pay the estate tax, so its has to go, the dead apparently need their money, carried interest..stays, pass thrus for wall street...stays.
The effective rate on corps is 18.6 percent, the business rate is getting cut to 20 percent without closing most of the loopholes so that means the effective rate will fall even lower and the tax base provided by business will shrink
we care about the national debt, they why add 500 billion to 2 trillion to it
Posted on 12/4/17 at 7:04 pm to Cruiserhog
quote:
its a tax cut for the middle class, no the tax cuts sunset while corporate rates are permanent
The tax cut expiration is going to be ripped out. The estate tax is the worst tax on the books imo. The deceased already paid taxes on that money. It's complete bullshite that the government takes it from their heirs
Posted on 12/4/17 at 7:12 pm to Cruiserhog
quote:
we care about the national debt, they why add 500 billion to 2 trillion to it
Lets cut entitlements and military next
Posted on 12/4/17 at 7:38 pm to Cruiserhog
20% of this country pay more than 80% of ALL TAXES.
Do you really feel that the 20% should not get a break?
I'm sorry you are poor. But mostly, I'm sorry you are a gullible moron, who for some reason comes to a conservative safe haven, to get your arse handed to you daily.
Do you really feel that the 20% should not get a break?
I'm sorry you are poor. But mostly, I'm sorry you are a gullible moron, who for some reason comes to a conservative safe haven, to get your arse handed to you daily.
Posted on 12/4/17 at 8:12 pm to Cruiserhog
quote:
its a tax cut for the middle class, no the tax cuts sunset while corporate rates are permanent. 9 years out those making 77k or less will see a hike while corporations, flush with cash now, get to ride it out.
So you're telling me for 9 years I get to keep more of my own money, then it basically goes back to what it was?
I mean that seems like a tax cut to me That's surely better than getting no cut at all. And that's assuming that it stays in the bill the whole 9 years.
This post was edited on 12/4/17 at 8:14 pm
Posted on 12/5/17 at 9:13 am to Cruiserhog
These are my favorite threads when pbhog, toddy and cruise enter the world of tax and display their lack of knowledge
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