Trump's tax cuts: My result

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

  1. danielpalos

    danielpalos Banned

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    the right wing forgets about the Recession and only complain about the debt.
     
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  2. kriman

    kriman Well-Known Member Past Donor

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    What has that to do with spending bailing out the banks?
    I hadn't complained about taxes. However, any money I send to the government is less money for my wife and I.
     
  3. Texan

    Texan Well-Known Member

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    I'm getting the same amount back, but there are 2 differences. My withholding was $700 less and my child credit disappeared for my now 17 year old. If my youngest was still 16, I would pay $2200 less instead of just $700 less. So yes, I caught a break with the Trump tax cut.
     
    Last edited: Apr 14, 2019
  4. ButterBalls

    ButterBalls Well-Known Member

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    You mean the act of printing funny money and handing it out to big banks to lend out but was never circulated, ya that was fun and profitable for banks :)

    Obama’s $4 trillion gift to the rich
     
    Last edited: Apr 14, 2019
  5. Gorgeous George

    Gorgeous George Well-Known Member

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    I can't even afford a used bicycle.
    I hope you enjoy your next F150 though.
     
  6. ButterBalls

    ButterBalls Well-Known Member

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    How did Mr Obatard save the economy?
     
  7. Gorgeous George

    Gorgeous George Well-Known Member

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    You said "I would pay $2200 less instead of just $700 less". How does that equate with catching a break? What am I missing?
    :confusion:
     
  8. Gorgeous George

    Gorgeous George Well-Known Member

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    Never heard of him. What country are you from?
     
  9. 557

    557 Well-Known Member

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    Welllll, I guess that depends on my audience!

    Yeh, it’s sarcasm. I lean right. Screw the planet. :)

    Ok, ok I’ll stop. I have 400 cows I need to finish feeding anyway and then I have to pull all their fingers...
     
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  10. Gorgeous George

    Gorgeous George Well-Known Member

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    Fascinating! Sure would like to see a video of that.
     
  11. 557

    557 Well-Known Member

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    I think the one with the orange oaf as current POTUS. Sometimes I’m just left shaking my head in disbelief.
     
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  12. 557

    557 Well-Known Member

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    I can’t find a single finger or I’d oblige you. :)
     
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  13. Bluesguy

    Bluesguy Well-Known Member Donor

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    How did his tax rate go up with there was an across the board tax rate reduction?

    We DO spend hard earned tax payer dollars on having to provide for these aliens who have entered the country illegally.

    Oh spare me.
     
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  14. MolonLabe2009

    MolonLabe2009 Banned

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    With Trump's tax cuts, I was able to KEEP about $3200 more of my money for the 2018 year and then top that off with the deduction of about $1500 when I filed.

    Thank you Mr. President!
     
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  15. squidward

    squidward Well-Known Member

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    The recession was only fixed on paper.
    All the paper that entered the system plus government spending is part of GDP.
    Real economic activity did squat.
    But O'baby sure made as some bankers personal fortunes
     
  16. ButterBalls

    ButterBalls Well-Known Member

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    Nunyabiz
     
  17. ButterBalls

    ButterBalls Well-Known Member

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  18. Texan

    Texan Well-Known Member

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    I still payed $700 less than last year. If my kid had been 1 year younger, I would have saved an extra $1500. Since he turned 17, I lost him for the extra child deduction from last year. Under last year's taxes, I would have had $1000 off of my tax bill.(already accounted for in the $700) Under this year's taxes, I would have had $2000 of my tax bill for a 16 year old, but as a 17 year old I only saved $500 for claiming him as a dependent.

    I meant to say "save" $2200. My bad.
     
    Last edited: Apr 14, 2019
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  19. Russ103

    Russ103 Well-Known Member Past Donor

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    Thanks. I just drove a 2017 Raptor last weekend. Hard to decide on whether to get the current one, or (probably) to be patient and get the next body style since it’s coming relatively soon.

    I keep my vehicles for a long time, hence I splurge on what I actually like.
     
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  20. 557

    557 Well-Known Member

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    i took some video with my iPhone and tried to upload it for you George but I can’t get it to work. Anyone know the secret?
     
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  21. Gorgeous George

    Gorgeous George Well-Known Member

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    Thanks, anyway.:blowkiss:
     
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  22. dairyair

    dairyair Well-Known Member

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    And Reagan went for 186%.
     
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  23. TOG 6

    TOG 6 Well-Known Member

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    Uh huh.
    What changed?
     
  24. TOG 6

    TOG 6 Well-Known Member

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    Can't be. All the tax brackets fell.
    If his EFFECTIVE tax rate went up, the something changed.
     
  25. Daniel Light

    Daniel Light Well-Known Member

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    Sorry, dude - you should be thanking Cohen, the architect of the tax cut, not Trump, whose ONLY input was to sign the document. But wait, you can’t thank Cohen because Trump chased him off his staff with his moronic rhetoric and poor management style.
     

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