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So 7 + 1 tax brackets, no closed loopholes, what is there to like?

Posted on 12/18/17 at 7:56 am
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35360 posts
Posted on 12/18/17 at 7:56 am
Can you say what your favorite part of the tax bill is and whether that affects you at all?

Remember the "postcard" promise? That's a really big, multi page postcard now.
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 12/18/17 at 7:57 am to
The part where taxes are cut and the economy booms
Posted by jdd48
Baton Rouge
Member since Jan 2012
22050 posts
Posted on 12/18/17 at 7:58 am to
What is there to like? That it triggers melts from garbage lefties for starters.
This post was edited on 12/18/17 at 7:59 am
Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27302 posts
Posted on 12/18/17 at 7:58 am to
The 21% corporate tax is my favorite.
Posted by Freder
Member since Aug 2014
809 posts
Posted on 12/18/17 at 7:59 am to
Trump said he will not benefit from this and it is a middle class tax cut.

He would never lie to us, cuck.
Posted by The Boat
Member since Oct 2008
164014 posts
Posted on 12/18/17 at 7:59 am to
The part that grabbed you by the pussy.
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 12/18/17 at 7:59 am to
quote:

Can you say what your favorite part of the tax bill is


I like the part about how after the 2018 addition of 4 GOP senators that we will get even F'ing MORE
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54202 posts
Posted on 12/18/17 at 8:00 am to
quote:

Can you say what your favorite part of the tax bill is and whether that affects you at all?


Looks like I'll be in the 10% bracket. Better than what I was getting. As far as effects, as a taxpayer no matter what gets changed, we all will be affected in one way or the other.
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 12/18/17 at 8:00 am to
Also repeals Obamacare individual mandate.....sorry.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35360 posts
Posted on 12/18/17 at 8:00 am to
quote:

What is there to like? That it triggers melts from garbage lefties for starters.
Predictable. Why are conservatives such parrots?
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 12/18/17 at 8:00 am to
quote:

no closed loopholes



It probably just creates more loopholes. Any time a bill is passed in such a rush, there are unintended consequences.
Posted by BBONDS25
Member since Mar 2008
48009 posts
Posted on 12/18/17 at 8:01 am to
It is a tax for the middle class. Your envy and jealousy is palpable.
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 12/18/17 at 8:02 am to
quote:

Why are conservatives such parrots?

Democrats are saying this TAX CUT will kill people in the streets. You're projecting, again.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259859 posts
Posted on 12/18/17 at 8:02 am to
quote:

what is there to like


I pay less.
Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27302 posts
Posted on 12/18/17 at 8:03 am to
How about the 20% small business deduction for small businesses making less than $315,000 per year?

If a business brings in $300,000, 20% of that, or $60,000, would be tax-free.
Posted by SLafourche07
Member since Feb 2008
9928 posts
Posted on 12/18/17 at 8:04 am to
quote:

Can you say what your favorite part of the tax bill is and whether that affects you at all?



I like:

The lower rates (affects me)
Increased child tax credit (affects me)
The 20% pass through deduction (affects me)
Allowing 529 for grade schools (affects me)

Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
20844 posts
Posted on 12/18/17 at 8:05 am to
I like the part where I save thousands of dollars.
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 12/18/17 at 8:05 am to
I don't pay as much?

Plus, the added benefit of watching all the hand wringing going on in the liberal media. That alone is worth not being able to do my taxes on a postcard.

I couldn't care less about being able to do my taxes on a postcard, so long as it saves me money.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67621 posts
Posted on 12/18/17 at 8:05 am to
It's not perfect, but it's a start.

I'll take incremental moves in the right direction, and not let the perfect be the enemy of the good.
Posted by Uncle Stu
#AlbinoLivesMatter
Member since Aug 2004
33658 posts
Posted on 12/18/17 at 8:06 am to
quote:

what your favorite part of the tax bill is

repeal the mandate

quote:

whether that affects you at all?


TBD - but highly unlikely
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