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Use this calculator and see how the tax bill will affect your...
CNN ^
| Tal Yellin
Posted on 01/15/2019 6:34:29 PM PST by entropy12
This calculator provides a window into how the tax bill being passed by Congress could affect your after-tax income if your main source of income is a paycheck. It does not take into account the effects of the repeal of the health care individual mandate or the potential economic growth that may result from the bill's provisions.
(Excerpt) Read more at cnn.com ...
TOPICS: Business/Economy
KEYWORDS: incometax; tax; taxcuts; taxcutsandjobsact; taxreform; tcja
2018 Tax bill passed.
1
posted on
01/15/2019 6:34:29 PM PST
by
entropy12
To: entropy12
2
posted on
01/15/2019 6:35:33 PM PST
by
entropy12
(One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
To: entropy12
WTH? swe have enough trouble with today without posts of articles a year old.
3
posted on
01/15/2019 6:43:15 PM PST
by
Sequoyah101
(It feels like we have exchanged our dreams for survival. We just hava few days that don't suck.)
To: Sequoyah101
It applies to your 2018 taxes.
4
posted on
01/15/2019 6:54:24 PM PST
by
entropy12
(One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
To: entropy12
5
posted on
01/15/2019 7:08:51 PM PST
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: Moonman62
Correct, but it is applicable to your 2018 tax rates.
6
posted on
01/15/2019 7:27:27 PM PST
by
entropy12
(One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
To: Moonman62
7
posted on
01/15/2019 7:35:02 PM PST
by
entropy12
(One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
To: entropy12
“Those at the very bottom of the income spectrum will benefit less.”
That’s because they don’t pay any taxes at all! What horrible journalism, I can’t even bother to report that people that pay no taxes at all will still pay no taxes at all.
8
posted on
01/15/2019 8:12:32 PM PST
by
CottonBall
(We are not represented, we are ruled.)
To: CottonBall
It’s even worse than that, because people who pay no or low taxes get increase in tax CREDITS (in cash refunds).
9
posted on
01/15/2019 8:19:44 PM PST
by
entropy12
(One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
To: entropy12
10
posted on
01/15/2019 10:52:28 PM PST
by
Sequoyah101
(It feels like we have exchanged our dreams for survival. We just hava few days that don't suck.)
To: entropy12
11
posted on
01/16/2019 1:31:30 AM PST
by
preacher
( Journalism no longer reports news, they use news to shape our society.)
To: entropy12
With the new tax plan did Trump increase the earned income credit? That would be so wrong!
12
posted on
01/16/2019 5:22:51 AM PST
by
CottonBall
(We are not represented, we are ruled.)
To: CottonBall
AFAIK the child credit was increased, along with doubled personal deduction and lower tax brackets for all. Negotiations require give and take in politics. Unless we have a dictator running the country, that is the reality.
13
posted on
01/16/2019 8:42:41 AM PST
by
entropy12
(One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
To: entropy12
Yeah I knew about the standard deduction increasing and lower tax brackets. I didn’t know an expanded EIC was part of that. Or maybe I did and I blocked it out :-)
With a majority in the House and Senate there shouldn’t have had to be too much compromising. But since two-thirds of the Republicans should run as Democrats, I guess that was the case after all.
14
posted on
01/16/2019 8:48:12 AM PST
by
CottonBall
(We are not represented, we are ruled.)
To: Sequoyah101
Your link for tax computations is very good. Bookmarked & thanks.
15
posted on
01/16/2019 8:49:03 AM PST
by
entropy12
(One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
To: CottonBall
But since two-thirds of the Republicans should run as Democrats, Sad but true!
16
posted on
01/16/2019 8:50:09 AM PST
by
entropy12
(One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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