Trump's tax cuts: My result

Discussion in 'Political Opinions & Beliefs' started by TOG 6, Apr 13, 2019.

  1. TOG 6

    TOG 6 Well-Known Member

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    Because - someone - went on and on about "Compare your 2017 to 2018 to see what the REAL effect of the tax cut was - you'll know!!!!!"

    3rd decile income bracket
    https://wallethacks.com/average-median-income-in-america/

    2017-2018
    Taxable income - up 5.3%
    Tax owed before credits: Down 10.6%

    Thank you, Mr President.
     
  2. Capt Nice

    Capt Nice Well-Known Member

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    Thank you Mr. President while you're destroying my country. Sort-a like Nero playing his fiddle while Rome burned.
     
  3. danielpalos

    danielpalos Banned

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  4. ButterBalls

    ButterBalls Well-Known Member

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    I love to click on the debt clock time machine in the top right corner, it really puts debt in to perspective! Bottom line, Mr Obatard sux'd fat chub and was a debt adding dolt of a President!
     
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  5. kriman

    kriman Well-Known Member Past Donor

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    If this is being destroyed, I want more of it. My taxes dropped by around 28%.
     
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  6. GrayMan

    GrayMan Well-Known Member

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    Mine is what I thought it would be. I paid near the same. Most people who did well were poorer than me.
     
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  7. navigator2

    navigator2 Banned

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    We paid 9 grand less in tax than the year before...........with a HIGHER AGI than the previous year. :banana:
     
  8. ButterBalls

    ButterBalls Well-Known Member

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    Same, I sat with my tax guy two hours and after it was all tallied I owed the treasury $196 bucks! My accountant looked sad and apologetic and I told him "Kudos bro!" best outcome in years, and then I bought him sushi for lunch :)
     
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  9. TomFitz

    TomFitz Well-Known Member

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    Don't worry, your kids will pay the bill.

    100% of your tax cut is borrowed money. Trump and Wall Street didn't even bother with the usual BS about his tax law being anything but a borrowing binge this time.

    At least, we didn't have to hear the trick down/tax cut your way to a surplus like we had to with Reagan and Bush Jr.
     
  10. ButterBalls

    ButterBalls Well-Known Member

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    Then nothing has changed since Mr Obatard.. Stay the course right, no pissing and moaning about the poor children while he was top spender but now at a fraction of what the last turd added it's all concern for the children LOL
     
    Last edited: Apr 13, 2019
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  11. navigator2

    navigator2 Banned

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    What was Obozo's excuse? He nearly doubled the national debt in 8 paltry years.(75%) Don't give us your stimulus/cash for clunkers/Solydra excuses either.
     
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  12. ButterBalls

    ButterBalls Well-Known Member

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    I think its the leftist attempt at comedy relief :)
     
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  13. navigator2

    navigator2 Banned

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    It's like the eight years of hell of Obama never happened for them. Amnesia! :roflol:
     
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  14. ButterBalls

    ButterBalls Well-Known Member

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    Think about it, he is the sort of ass wipe most people would want to erase from their memories :)
     
    Last edited: Apr 14, 2019
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  15. Spooky

    Spooky Well-Known Member Past Donor

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    Yeah mine dropped also.

    I actually owed a couple hundred when I did my taxes which is a first, outside of the Obamacare fine, but my checks are considerably larger so it makes up for it.
     
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  16. 557

    557 Well-Known Member

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    I believe that will be the last tax year to asses the fine. So thanks Trump for that, too!

    I’m sorry you are forced to pay it. I was able to poke them back in the eye and not pay it. Felt good.
     
  17. kriman

    kriman Well-Known Member Past Donor

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    As it was through the Obama administration.
     
  18. TomFitz

    TomFitz Well-Known Member

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    The deficit doubled in Trump's first full budget year, and is expected to top a trillion this year, and for every year until the mid 2020's. And that is assuming that the White House's rosy (and as yet unrealized) growth numbers work out.

    So, something has obviously changed. Spending went up, and revenue went down. That leaves borrowing.

    Which is something every GOP President since Gerald Ford has proven to be very good at.
     
  19. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Look at that, Trump actually got the left to care about the national debt.

    Or at least pretend to.

    The Orange Man truly is a worker of miracles.
     
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  20. TomFitz

    TomFitz Well-Known Member

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    That's a pathetic deflection.

    No Republican President has run a balanced budget since Calvin Cooldidge (except for a one year period in 1969).

    Federal employment went down during the Obama years, and deficits shrank during his terms. The opposite is already happening withTrump (not that he cares).

    After eight years of listening to hypicrites on the right bellow and whine about deficits and spending ,you're all twisting your necks to look the other way and try and pretend that what your fuhrer is responsible or even smart.
     
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  21. kriman

    kriman Well-Known Member Past Donor

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    I griped about the deficit through the Obama administration and I have continued to gripe about it. How about you? Did you complain about it through the Obama administration? By the way, the revenue went up in 2018. The deficit was not due to the tax cut. It was because of spending too much.
     
  22. 557

    557 Well-Known Member

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    The house going Dem will put a stop to out of control spending....
     
  23. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    :roflol:

    The Dems! Control spending!

    Ha! Good one!

    :roflol:
     
  24. danielpalos

    danielpalos Banned

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    He turned a Recession around and didn't inherit upward trends.
     
  25. danielpalos

    danielpalos Banned

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    financing your tax cut so the right wing can "Blame the Poor" and try to cut their social services?
     
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