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Started By
Message
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 on 12/13/17 at 11:06 am
Posted on 12/13/17 at 11:09 am to HailHailtoMichigan!
House lose $768
Senate lose $428
I'll be ok
Senate lose $428
I'll be ok
This post was edited on 12/13/17 at 11:12 am
Posted on 12/13/17 at 11:10 am to HailHailtoMichigan!
"House Plan- You'd save $4,382.
Senate Plan- You'd save $3,134."
Senate Plan- You'd save $3,134."
Posted on 12/13/17 at 11:13 am to HailHailtoMichigan!
House : save 5635
Senate l: save 6616
Come on senate!!
Senate l: save 6616
Come on senate!!
Posted on 12/13/17 at 11:13 am to HailHailtoMichigan!
That's only for actual income tax. If you're business is the source of your income then it's completely different.
Posted on 12/13/17 at 11:14 am to HailHailtoMichigan!
House plan save 2454
Senate plane save 2987
Senate plane save 2987
Posted on 12/13/17 at 11:14 am to HailHailtoMichigan!
Now: $0
House plan: $1,515
Senate Plan: $1,252
Yes, please.
House plan: $1,515
Senate Plan: $1,252
Yes, please.
Posted on 12/13/17 at 11:14 am to HailHailtoMichigan!
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
Senate: save $217
The house one should actually be lose ~$6500 thanks to the tax on tuition exemption for graduate students, though
Posted on 12/13/17 at 11:14 am to HailHailtoMichigan!
quote:
House Plan
You'd save $1,946
quote:
Senate Plan
You'd save $2,478
Posted on 12/13/17 at 11:14 am to HailHailtoMichigan!
Mine was 3100 house, 3300 senate. I’m afraid it won’t happen though. I have no faith that this will be finalized.
Posted on 12/13/17 at 11:15 am to HailHailtoMichigan!
+1,160 House
+1,027 Senate
+1,027 Senate
Posted on 12/13/17 at 11:15 am to HailHailtoMichigan!
House save $5,120
Senate save $14,631
Senate save $14,631
Posted on 12/13/17 at 11:16 am to TennesseeFan25
Jesus, these savings are absurd, is the calculator wrong, or else why are people fighting this?
Posted on 12/13/17 at 11:16 am to HailHailtoMichigan!
Senate Plan
You'd save $30,194
House Plan
You'd save $11,848
Huge difference.
You'd save $30,194
House Plan
You'd save $11,848
Huge difference.
Posted on 12/13/17 at 11:16 am to Microtiger
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 on 12/13/17 at 11:16 am to TennesseeFan25
House plan lose $2k
Senate plan save $16k
Senate plan save $16k
Posted on 12/13/17 at 11:18 am to TennesseeFan25
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 on 12/13/17 at 11:18 am to Lakeboy7
quote: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.
House lose $768
Senate lose $428
The closest I came was in the low income brackets where the change in taxes was $0.
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