Poll

Do you expect your federal taxes to go up or down?

Up
15 (19%)
Down
34 (43%)
Have no idea
30 (38%)

Total Members Voted: 79

Author Topic: Will your federal taxes be going up or down next year?  (Read 45446 times)

Offline CPA

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Re: Will your federal taxes be going up or down next year?
« Reply #120 on: December 19, 2017, 08:05:39 PM »
Who's share of the tax is getting the bigger? The middle class. The big guys get the big cuts. The middle class gets a small cut. Not so hard to understand.
Who does it bother you that those paying the most are getting the bulk of the tax break?

Offline yelped

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Re: Will your federal taxes be going up or down next year?
« Reply #121 on: December 19, 2017, 08:07:40 PM »
Who does it bother you that those paying the most are getting the bulk of the tax break?
Because this bill is just an excuse to pay back all the lobbyists who elected them and nothing to do with a tax break for the middle class. It shows who matters to the Republicans.

Offline ChaimMoskowitz

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Re: Will your federal taxes be going up or down next year?
« Reply #122 on: December 19, 2017, 08:10:15 PM »
Your issue seems to be with the capitalist society that we live in. Money does not start off with the Government for them to distribute.

The lower income families are already heavily subsidized and don't pay any tax so a tax cut is going to go to those that actually do pay taxes.
My main problem is lying about this bill. If we are going to have a tax cut it should benefit those that need it the most. Trump claimed that was the working middle class.

What happen with carried interest that is one of the biggest loopholes/scams for the rich. Trump said over and over he has going after that. Did this bill take care of that?
I just found a new supply of forks!

Offline CPA

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Re: Will your federal taxes be going up or down next year?
« Reply #123 on: December 19, 2017, 08:10:51 PM »
Because this bill is just an excuse to pay back all the lobbyists who elected them and nothing to do with a tax break for the middle class. It shows who matters to the Republicans.
The top 20% pay somewhere from 85%-95% of the tax burden in this country - I don't have an issue with them getting a tax break.

Be happy with what you have and stop looking at the next guy

Offline ChaimMoskowitz

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Re: Will your federal taxes be going up or down next year?
« Reply #124 on: December 19, 2017, 08:13:17 PM »
Be happy with what you have and stop looking at the next guy
Yes MASTER!!!  ::) ::) ::)
I just found a new supply of forks!

Offline skyguy918

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Re: Will your federal taxes be going up or down next year?
« Reply #125 on: December 19, 2017, 08:13:30 PM »
Your issue seems to be with the capitalist society that we live in. Money does not start off with the Government for them to distribute.

The lower income families are already heavily subsidized and don't pay any tax so a tax cut is going to go to those that actually do pay taxes.
Your whole analysis is based on each individual only looking at the their taxes before and after the bill. That's a very myopic view. The government is funded by the people. The distribution of that funding has a certain profile under the current tax code, and a different profile under the proposed tax code. Without question, that shift is to the advantage of the rich, and disadvantage of the middle class. Is it more fair? That's an ideological question, not one of hard numbers.

Offline avromie7

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Re: Will your federal taxes be going up or down next year?
« Reply #126 on: December 19, 2017, 08:33:43 PM »
This bill sucks!!! Is that clear enough for you?
Can you explain why? Who is being harmed by it?
Because my parents taught me there is no such thing as a free lunch. Someone has to pay for this 1.5 trillion handout to the rich (not all to the rich but figures have been around 80-85%).
Wealth is not a zero sum game, contrary to what the liberals/socialists want you to think, bill gates did not get to where he is by exploiting the poor.
Would you rather millionaires pay for that, or middle class who are struggling with having to pay for all the above? This bill makes the middle class pay for more of that burden.

I really don't understand how anyone can argue with the facts. I must not be used to Trumpologic.
It doesn't matter what you'd rather. I'd want you to give me $1,000,000, does that make it right?
Because this bill is just an excuse to pay back all the lobbyists who elected them and nothing to do with a tax break for the middle class. It shows who matters to the Republicans.
Can you show me how the Republican donors are getting a bigger cut than the Democrat donors?
I wonder what people who type "u" instead of "you" do with all their free time.

Offline yelped

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Re: Will your federal taxes be going up or down next year?
« Reply #127 on: December 19, 2017, 08:36:31 PM »
Your whole analysis is based on each individual only looking at the their taxes before and after the bill. That's a very myopic view. The government is funded by the people. The distribution of that funding has a certain profile under the current tax code, and a different profile under the proposed tax code. Without question, that shift is to the advantage of the rich, and disadvantage of the middle class. Is it more fair? That's an ideological question, not one of hard numbers.
Hear, hear.

Offline yelped

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Re: Will your federal taxes be going up or down next year?
« Reply #128 on: December 19, 2017, 08:37:22 PM »
Can you show me how the Republican donors are getting a bigger cut than the Democrat donors?
Can you show me where I said that?

Offline avromie7

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Re: Will your federal taxes be going up or down next year?
« Reply #129 on: December 19, 2017, 08:38:52 PM »
Can you show me where I said that?
You said that this is all to pay back donors. If that was the case, you'd see Republican donors getting tax cuts at the expense of Democrat donors
I wonder what people who type "u" instead of "you" do with all their free time.

Offline churnbabychurn

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Re: Will your federal taxes be going up or down next year?
« Reply #130 on: December 19, 2017, 08:39:41 PM »
Down

Offline ChaimMoskowitz

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Re: Will your federal taxes be going up or down next year?
« Reply #131 on: December 19, 2017, 08:42:01 PM »
Wealth is not a zero sum game, contrary to what the liberals/socialists want you to think, bill gates did not get to where he is by exploiting the poor.
Where did this come from?

Very simple question. We all know most will get tax cut under this bill so lets get that out of the way. Who benefits the most from this bill? The middle class or the rich?
I just found a new supply of forks!

Offline avromie7

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Re: Will your federal taxes be going up or down next year?
« Reply #132 on: December 19, 2017, 08:45:05 PM »
Where did this come from?

Very simple question. We all know most will get tax cut under this bill so lets get that out of the way. Who benefits the most from this bill? The middle class or the rich?
The middle class get a bigger percentage of their taxes cut
I wonder what people who type "u" instead of "you" do with all their free time.

Offline ChaimMoskowitz

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Re: Will your federal taxes be going up or down next year?
« Reply #133 on: December 19, 2017, 08:49:34 PM »
The middle class get a bigger percentage of their taxes cut
If you refuse to answer a simple question then no need to continue this. Have a nice day.
I just found a new supply of forks!

Offline CPA

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Re: Will your federal taxes be going up or down next year?
« Reply #134 on: December 19, 2017, 08:58:07 PM »
If you refuse to answer a simple question then no need to continue this. Have a nice day.
The ones that pay the most into the system are getting the biggest break.

Offline syp5

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Re: Will your federal taxes be going up or down next year?
« Reply #135 on: December 19, 2017, 09:02:50 PM »
The middle class get a bigger percentage of their taxes cut
Whats the break down percentage wise of the tax cuts?

Offline aygart

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Re: Will your federal taxes be going up or down next year?
« Reply #136 on: December 19, 2017, 09:08:27 PM »
Where did this come from?

Very simple question. We all know most will get tax cut under this bill so lets get that out of the way. Who benefits the most from this bill? The middle class or the rich?
The ones that pay the most into the system are getting the biggest break.
As I have said many times here the only way for it to be otherwise is with a progressively engineered bill. It would be ridiculous to expect that from the republicans
Feelings don't care about your facts

Offline avromie7

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Re: Will your federal taxes be going up or down next year?
« Reply #137 on: December 19, 2017, 09:11:14 PM »
Whats the break down percentage wise of the tax cuts?
It's very hard to find accurate numbers.
I wonder what people who type "u" instead of "you" do with all their free time.

Offline aygart

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Re: Will your federal taxes be going up or down next year?
« Reply #138 on: December 19, 2017, 09:12:33 PM »
Whats the break down percentage wise of the tax cuts?
https://www.jct.gov/publications.html?func=startdown&id=5054



Of course the devil is in the details.....
Feelings don't care about your facts

Offline ChaimMoskowitz

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Re: Will your federal taxes be going up or down next year?
« Reply #139 on: December 19, 2017, 09:15:31 PM »
Whats the break down percentage wise of the tax cuts?
A household earning $1 million or more would get an average cut of $69,660, an income bump of 3.3 percent. Compare that with the a tax cut of $870, or 1.6 percent, for the average household earning $50,000 to $75,000.

I just found a new supply of forks!