Tax Reforms pass.......

[GeoFisher]

This is a BIG DEAL. Don't pay attention to the crap being spewed by the dems. This is a big deal, and nearly everyone you and I know will get a break.

If you are middle income and have kids, you get a break.
If you are middle income and have a home you get a break.
If you are low income and have kids, you get a break.
If you are low income and trying to buy a house, you get a break.

If you are upper/middle income and live in a "normal state" you get a break.
If you are upper/middle income and own a home......less than 750,000k in value, you get a break.

Over 80% of people get a break. For dems to say anything else is a FLAT OUT LIE.

MAGA baby........MAGA.

[Moveon]

GOP will pay in 2018 for giving the top 1% the vast majority of the tax breaks. And the debt will increase significantly.

Bush and Regan both tried the tickle down economics and after Bush lowered the riche's taxes the economy died and we went into a significant recession and almost into a recession.

The Rich are not going to reinvest their money. That's why trickle down never works. The money gets stashed in their overseas back accounts.

Sorry Geo but this will be over turned as soon as Trump gets impeached.

[Bill M of NJ]

Look, it helps just about the whole country, except the over taxed and thieving northeast states, those are the loudmouths spewing the bull, I live here, so Moveon, you have no clue what you are talking about.

[Moveon]

Look, it helps just about the whole country, except the over taxed and thieving northeast states, those are the loudmouths spewing the bull, I live here, so Moveon, you have no clue what you are talking about.

http://money.cnn.com/2017/12/20/pf/t...ary/index.html

You are the one that needs to be more educated on this tax bill. Normal everyday people won't see those tax cuts after a few more years. The corporate tax cuts are permanent and the individual tax cuts expire after a few years. Why. Please explain to us all knowledgeable one why this is so and how is that fair.

We all know that recessions follow the GOP when they cut corporate taxes.

[GeoFisher]

GOP will pay in 2018 for giving the top 1% the vast majority of the tax breaks. And the debt will increase significantly.

Bush and Regan both tried the tickle down economics and after Bush lowered the riche's taxes the economy died and we went into a significant recession and almost into a recession.

The Rich are not going to reinvest their money. That's why trickle down never works. The money gets stashed in their overseas back accounts.

Sorry Geo but this will be over turned as soon as Trump gets impeached.

You're a **** fool.............

The reckoning is happening........Never trumpers better get on board.

ATT just gave 200,000 employees a 1000 bonus BASED on the tax plan, and they just announced 10 billion in additonal investments.

GDP is at 4%, or did you miss that. That is 2 percent higher than your God **** BOMA ever hit.

If we continue 4% for 18 months, we will knock about 3 trillion off the deficit.

If we get 4% for the next 8 years, we will eliminate the ******** 20 trillion that **** bag **** BOMA shoved up your ASS.

I should also say that that ASS HAT, good for nothing , wanna be senator from Arizona screwed Trump in the AZZ, otherwise this would be the second BIGGEST win.

Since this bill repealed the mandate, ObamaCare, that pinnacle piece of VOMIT legislation from the Chief Obamunist will go down the drain like a TURD.....just like the TURD that advocated for it, and whom is the bills Namesake.

hahahahahahahahahaha...........breathe...........h ahahahahahahahhahahaha......breathe.



MAGA baby..........

MAGA.

[SLP]

I don't know, I am not anywhere near the top brackets but I do need to itemize my return so increasing the standard deduction doesn't do anything for me and by my best guesstimates I am going to be paying more.

Wiping out the personal exemption (which seems really unfair) and capping state property and income taxes at $10,000 are going to cost me more than anything gained.

All this they picking and choosing of who wins and who losses always hurts some people. Would be much fairer if there was simply some form of a strait flat tax without all the "negotiating" about who gets more and who gets less.

[Moveon]

I don't know, I am not anywhere near the top brackets but I do need to itemize my return so increasing the standard deduction doesn't do anything for me and by my best guesstimates I am going to be paying more.

Wiping out the personal exemption (which seems really unfair) and capping state property and income taxes at $10,000 are going to cost me more than anything gained.

All this they picking and choosing of who wins and who losses always hurts some people. Would be much fairer if there was simply some form of a strait flat tax without all the "negotiating" about who gets more and who gets less.

Straight taxes would make everyone pay fairly. This tax cut for the top 1% is so over the top that it's going to raise the deficit by zillions of dollars. Some one is going to have to pay for all the US Government programs including all those new expensive navy ships that Trump wants to build. And the new defense department spending eats up most of our GNP.

[dragmerc]

if this is accurate, i like the new plan.
http://taxplancalculator.com/

[GeoFisher]

if this is accurate, i like the new plan.
http://taxplancalculator.com/

I've used this one and a few more.........

Bottom LINE, nearly everyone I know, who has actually looked by using one of the calculators makes out better.

Some people don't make out better, I have 1 friend in connecticut who will pay more.

SLP.........have you tried this calculator?

Later,

Geo

[Moveon]

I've used this one and a few more.........

Bottom LINE, nearly everyone I know, who has actually looked by using one of the calculators makes out better.

Some people don't make out better, I have 1 friend in connecticut who will pay more.

SLP.........have you tried this calculator?

Later,

Geo

Deficits was always what the GOP talked about before. Not they could care less if we run a deficit.

The tax cuts for the rich don't expire but those for the poor do expire in a few year and unless they are renewed again they won't see anymore tax cuts. Now how is that fair?

And the talk about the high corporate tax rates but they fail to mention all the loop holes. For example Trump hasn't have to pay Federal taxes in years do to loop holes with his big real estate business. Losses in big real estate are deducted from Federal Tax so Trump doesn't have to pay federal taxes on his real estate business. He won't give up his tax forms so as to hide the facts.

You may get some money back for a couple of years and that's always good for people. But the Corps won't turn their money over and will stash it or buy back more of their stock. As always after these big tax cuts to the rich there will be another recession or depression. Trickle down never works. Never. You build a house from the foundation up and don't start at the top. Same with the economy. People at the lower end need money to spend on goods and service which stimulates the demand. The Rich will meet that demand when they think that they can get more money.

[riverrat12]

Deficits was always what the GOP talked about before. Not they could care less if we run a deficit.

The tax cuts for the rich don't expire but those for the poor do expire in a few year and unless they are renewed again they won't see anymore tax cuts. Now how is that fair?

And the talk about the high corporate tax rates but they fail to mention all the loop holes. For example Trump hasn't have to pay Federal taxes in years do to loop holes with his big real estate business. Losses in big real estate are deducted from Federal Tax so Trump doesn't have to pay federal taxes on his real estate business. He won't give up his tax forms so as to hide the facts.

You may get some money back for a couple of years and that's always good for people. But the Corps won't turn their money over and will stash it or buy back more of their stock. As always after these big tax cuts to the rich there will be another recession or depression. Trickle down never works. Never. You build a house from the foundation up and don't start at the top. Same with the economy. People at the lower end need money to spend on goods and service which stimulates the demand. The Rich will meet that demand when they think that they can get more money.

Funny you mention building a house, does the community reinvestment act ring a bell?... You know the one started by Carter and kicked into overdrive by Clinton....Nothing like building houses for people that can't afford them and then blaming it on Bush when the bubble burst. Just another redistribution of money act to get votes. LBJ would be proud.....

[GeoFisher]

The tax cuts for the rich don't expire but those for the poor do expire in a few year and unless they are renewed again they won't see anymore tax cuts. Now how is that fair?

.

BULL FREAKIN ****............man what a disingenuous comment. It is a flat out LIE.

The corp rates and business pass through rates are perm. All the other tax cuts are tied to sequestration rules, meaning they cannot effect the budget in 10 years. Since these are not "scored", then they must expire and in this case all the personal stuff expires in 2027.

But to say they don't expire for the rich is a freakin LIE.

You embarrass yourself with your disgusting disdain for anything that is NOT leftism....

FUN.