I am sure they will - and we have given them fuel to run on that.
I am hopeful that the economy does do well. It probably will. But millions of us will still be paying higher taxes.
Even this guy didn't raise my Federal taxes like this.
Posted on 12/02/2017 1:37:52 AM PST by Kaslin
I am sure they will - and we have given them fuel to run on that.
I am hopeful that the economy does do well. It probably will. But millions of us will still be paying higher taxes.
Even this guy didn't raise my Federal taxes like this.
That is really good news. Do you happen to have any details, or a link?
Thanks!
I am so disgusted right now. I voted for fiscal responsibility. Not continuing deficit spending. I want the budget balanced, and the debt reduced. Not for another trillion dollars added to the debt.
I actually worked the phone lines for Trump this election. Never again. A pox on both parties. When the entire world wide economy collapses due to all this deficit spending, I will laugh. Then grab my gun and help start over again.
Very true. Thanks.
A very disturbing trend on FR these days is that the personal attacks are increasing with great frequency.
Some of the folks doing it even say they are Christians.
On this issue, if you disagree with having your taxes raised and being lied to, you might be called a Communist, a DU double agent, a liar, or worse. Some Freepers will simply choose to childishly mock you.
Ask me how I know?
This tax bill will be one of the largest single tax raises in history for some states and some individuals.
I don't really know how we got to the point where that position became "conservative" and to oppose higher Federal taxation became heresy.
A wsj article I read this morning in the weekend edition, business section; taking about which kinds of companies will lose &/or gain (some both ways) from which new provisions.
From me one of the big pluses is also a move to the territorial tax basis; not taxed (generally) on income not earned in the domestic U.S. economy, and that basis, territorial, not global, is how all of our major trading competitors in Europe & Asia tax. With that one change a lot of money - earned outside the U.S. by U.S. companies, will quit being held by them outside the U.S. and will start coming back into savings and investment and spending here.
With that also is some incentives to move, among a U.S. corporations many units, which unit, is holding the ownership - and revenue - for its intellectual property. Some U.S. companies that have a high ratio of earnings from intellectual property - as opposed to manufacturing - have their unit that holds ownership to that property domiciled in a foreign economy, instead of the U.S., because of our global instead of territorial tax here. Instead of keeping that intellectual property held by units domiciled elsewhere, there is some incentives, lower taxes on it, to bring the ownership-holding of that property back here.
Yeah some of the dems on this site won’t be happy with Trump’s tax plan that he will sign into law. Some of them sound like Trumka.
http://www.freerepublic.com/focus/f-news/3610002/posts
The House and Senate bills are far closer than expected ... thus it appears likely that the final plan won’t be too far way from either the House or Senate plans. Corporate taxes will be lowered, standard deduction almost doubled, estate tax raised and the SALT exemption is gone.
Here is the comparison chart I posted on another thread
http://www.freerepublic.com/focus/news/3609978/posts?page=21#21
“I don’t really know how we got to the point where that position became “conservative” and to oppose higher Federal taxation became heresy.”
Still waiting for an answers to the following:
Why should Fedzilla pay the state taxes of any state?
Please explain how this is even remotely conservative?
“”This tax bill will be one of the largest single tax raises in history for some states and some individuals.””
They have options! Pay the taxes they owe or move to a state with no income tax.
I see you don’t have the cash to be a F R Donor.
I donated last month. So now we are trying to shame people we don’t agree with on an issue? What’s next? You want the address of my kids?
“I don’t really know how we got to the point where that position became “conservative” and to oppose higher Federal taxation became heresy. ...”
I don’t really know how we got to the point where somebody can consistently troll every thread on FR, purposely distort facts, exaggerate what is negative, deny or otherwise malign that which is positive - and not expect to get slammed.
The only “disturbing trend” I see is that, no matter the subject, you find a way to interject your obtuse opinions - which, curiously, always favor some version of “the sky is falling” mentality.
Then you act surprised when more than a few of us tell you to go piss up a rope. Your constant negativity ON EVERY FREAKING ISSUE is tiresome.
So it’s pretty much done deal that the state and local tax deductions are history, and libtard bankrupt cities citizens will cover all their voting consequences?
Nice chart. It’s a good summary of the differences.
Just because people disagree on your tax-bill take doesn’t make them Democrats or Never-Trumpers.
Given this in a once-in-a-lifetime, “historic opportunity to reform the tax code,” some of us believe it’s time to quit playing by the Marquess of Queensberry Rules. We want Trump to hang the Democrats and Goldman-Sachs both.
Yeah, right ... You would have those of us who do not live in Commiefornia continue our subsidization of YOUR state income tax deduction. Gee, thanks, buddy.
Why don’t you move to a state that is not governed by a cabal Marxist aholes, rather than bashing those of us who are smart enough not to live in a freaking godless, communist, third-world dung hole like Commiefornia?
If the Feds really wanted to help the average citizen they’d stop all the unmitigated immigration - now. That would allow the per capita standard of living to start to go up. Taxes are one thing but the flood of human capitol is the real prosperity killer.
Careful. Speaking like that around this thread will get you threatened.
Agree 100 percent.
I should not have to subsidize another citizen’s college tuition, nor their mortgage, nor their medical expenses, nor their state income and property taxes, nor the number of children they create.
The entirety of the “itemization” deduction scheme is nothing but a way to get all of us trapped into accepting insane tax rates as normal, because the federal government “rewards” us with some special cut-out, customized to our personal spending or living habits.
Further, by what right does anybody claim that their child “deserves” to go to college? IMO, unless a HS graduate possesses an exceptional intellect, they have no business entering a college of university. Most colleges have been turned into collectives of morons, whose I.Q. barely squeaks above retardation. 60 years ago, our universities were filled with the only the brightest individuals ... Now the rolls are near 100 percent imbeciles, who cannot even point out the United States on a globe, let alone discover E=mc^2
Acceptance is where I’m at with this but Trump had better get immigration right. The old Republican Establishment Uniparty game is to bait with “border security” and switch it in the back room to allow people in the country through DACA and visas etc. etc. etc.
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