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Tax bill calculator- how much money do you end up saving/paying? Post it here

Posted on 12/13/17 at 11:06 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69246 posts
Posted on 12/13/17 at 11:06 am
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 12/13/17 at 11:09 am to
House lose $768
Senate lose $428

I'll be ok
This post was edited on 12/13/17 at 11:12 am
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 12/13/17 at 11:10 am to
"House Plan- You'd save $4,382.
Senate Plan- You'd save $3,134."
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
11804 posts
Posted on 12/13/17 at 11:11 am to
Save $2500
Posted by BBONDS25
Member since Mar 2008
48009 posts
Posted on 12/13/17 at 11:13 am to
House : save 5635
Senate l: save 6616

Come on senate!!
Posted by doghouse_4x4
Tidewater, Va.
Member since Dec 2013
1328 posts
Posted on 12/13/17 at 11:13 am to
That's only for actual income tax. If you're business is the source of your income then it's completely different.
Posted by TennesseeFan25
Honolulu
Member since May 2016
8391 posts
Posted on 12/13/17 at 11:14 am to
House plan save 2454
Senate plane save 2987
Posted by 225bred
COYS
Member since Jun 2011
20386 posts
Posted on 12/13/17 at 11:14 am to
Now: $0

House plan: $1,515

Senate Plan: $1,252

Yes, please.
Posted by Microtiger
Ithaca, New York
Member since Nov 2010
1435 posts
Posted on 12/13/17 at 11:14 am to
House: save $350
Senate: save $217

The house one should actually be lose ~$6500 thanks to the tax on tuition exemption for graduate students, though
Posted by MSMHater
Houston
Member since Oct 2008
22774 posts
Posted on 12/13/17 at 11:14 am to
quote:

House Plan
You'd save $1,946


quote:

Senate Plan
You'd save $2,478
Posted by SelaTiger
Member since Aug 2016
17913 posts
Posted on 12/13/17 at 11:14 am to
Mine was 3100 house, 3300 senate. I’m afraid it won’t happen though. I have no faith that this will be finalized.
Posted by Superquincy
Member since Jul 2017
110 posts
Posted on 12/13/17 at 11:15 am to
+1,160 House
+1,027 Senate
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27177 posts
Posted on 12/13/17 at 11:15 am to
House save $5,120
Senate save $14,631
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 12/13/17 at 11:15 am to
Posted by TennesseeFan25
Honolulu
Member since May 2016
8391 posts
Posted on 12/13/17 at 11:16 am to
Jesus, these savings are absurd, is the calculator wrong, or else why are people fighting this?
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105376 posts
Posted on 12/13/17 at 11:16 am to
Senate Plan
You'd save $30,194

House Plan
You'd save $11,848

Huge difference.
Posted by doghouse_4x4
Tidewater, Va.
Member since Dec 2013
1328 posts
Posted on 12/13/17 at 11:16 am to
quote:

The house one should actually be lose ~$6500 thanks to the tax on tuition exemption for graduate students, though


Yeah, this calculator is not even remotely useful.
Posted by Dale Murphy
God's Country
Member since Feb 2005
24457 posts
Posted on 12/13/17 at 11:16 am to
House plan lose $2k
Senate plan save $16k
Posted by 225bred
COYS
Member since Jun 2011
20386 posts
Posted on 12/13/17 at 11:18 am to
quote:

Jesus, these savings are absurd, is the calculator wrong, or else why are people fighting this?



The left is fighting it because it becomes law, people will see the benefits of voting GOP.
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 12/13/17 at 11:18 am to
quote:

House lose $768
Senate lose $428
I just went through 15-20 different combinations of income, marital status and itemizing/not itemizing for Louisiana residents ranging in income from $15,000/year to $500,000/year and I literally could not find a single case where a filer's taxes increased over what they pay now.

The closest I came was in the low income brackets where the change in taxes was $0.
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