Will your federal taxes be going up or down next year?

[ChaimMoskowitz]

The only things I dismissed regarding taxes were your baseless assumptions. The article you linked to seems pretty on target. You still haven't explained how the middle class is getting screwed in any way other than your baseless assumptions.

Let me explain so even a fifth grader can understand. They claim this is a miracle for the middle class. When the rich/corporations are the one getting the miracle that means the middle class just got hosed. Now if you don't understand that I kind get a fifth grader to tutor you. 

[aygart]

Let me explain so even a fifth grader can understand. They claim this is a miracle for the middle class. When the rich/corporations are the one getting the miracle that means the middle class just got hosed. Now if you don't understand that I kind get a fifth grader to tutor you. 

I don't understand why the 2 have anything to do with each other. Why do the other tax cuts that he also promised in the campaign negate the one the middle class is getting. What does the amount the rich and corporations get have anything to do with the middle class?

This really is the type of reasoning I hear from my fifth grader. Yanky got a bigger price of cake than me!

[avromie7]

I'll take the bait. Typical couple with 2 kids, $80k income. $12k property taxes, $15k mortgage interest. Other deductions, charity etc. Equal to another 5k.

This is the typical middle class struggle with having to pay for health insurance, deductibles, etc. And they benefit the least from this tax plan.

I just ran this thru the calculator for a whole bunch of random states, NYC was the worst at an extra $444. Almost all the others were within $100. The only reason this guy is not saving is because it's a high tax state.

[ChaimMoskowitz]

I don't understand why the 2 have anything to do with each other. Why do the other tax cuts that he also promised in the campaign negate the one the middle class is getting. What does the amount the rich and corporations get have anything to do with the middle class?

Here is the reason the two matter. This was sold and promoted as a tax cut for the working middle class.

Let me try again so a first grader could understand. The teacher says I am going to give a pizza party for my students. There is 1 teacher and 8 students. The pizza arrives and is cut in twenty pieces. The teach takes 12 pieces and leaves 8 piece for the 8 students. To make matters worse the teacher just had a full lunch and doesn't need any pizza.

[yelped]

I just ran this thru the calculator for a whole bunch of random states, NYC was the worst at an extra $444. Almost all the others were within $100. The only reason this guy is not saving is because it's a high tax state.

OK. So this affects most of the hard working low middle class people in an already high costs state. This example is from NJ.

[aygart]

OK. So this affects most of the hard working low middle class people in an already high costs state. This example is from NJ.

I agree that high tax states get hurt and have said this numerous times.

[Sport]

OK. So this affects most of the hard working low middle class people in an already high costs state. This example is from NJ.

  Is that really a typical example of a NJ family making 80k- paying 12k in property tax and 15k in mortgage interest? what is NJ SALT like?

[aygart]

Here is the reason the two matter. This was sold and promoted as a tax cut for the working middle class.

Let me try again so a first grader could understand. The teacher says I am going to give a pizza party for my students. There is 1 teacher and 8 students. The pizza arrives and is cut in twenty pieces. The teach takes 12 pieces and leaves 8 piece for the 8 students. To make matters worse the teacher just had a full lunch and doesn't need any pizza.

So it is the political rhetoric? You said it was not that!

[avromie7]

OK. So this affects most of the hard working low middle class people in an already high costs state. This example is from NJ.

The hard working low middle class, in a high tax state end up roughly the same as they were before.

[ChaimMoskowitz]

So it is the political rhetoric? You said it was not that!

They believe what they are saying. Remember when BO said everyone could keep their insurance if they wanted to? Call it what you want but they got screwed!!!

[avromie7]

They believe what they are saying. Remember when BO said everyone could keep their insurance if they wanted to? Call it what you want but they got screwed!!!

Did BO say they can keep their doctor? Yes
Were they able to? No

Did Trump say the middle class will get a tax cut? Yes
Did they get one? Yes


Why do you keep going back to what someone else is getting? That called  jealousy.

[henche]

OK. So this affects most of the hard working low middle class people in an already high costs state. This example is from NJ.

How many kids

[henche]

  Is that really a typical example of a NJ family making 80k- paying 12k in property tax and 15k in mortgage interest? what is NJ SALT like?

A 15k mortgage is low, unless house is mostly paid off.  And 12k property tax is really high. 

[henche]

Here is the reason the two matter. This was sold and promoted as a tax cut for the working middle class.

Shtuyot. Cutting corp taxes was in platform. He ran on that

[Sport]

A 15k mortgage is low, unless house is mostly paid off.  And 12k property tax is really high.

15k mortgage interest is about 400k loan, I'm not familiar with property taxes or prices in NJ, or the typical income for a family. it strikes me as 80k being  fairly low income for someone purchasing a house with those costs, thats why I asked. 

[ChaimMoskowitz]

Shtuyot. Cutting corp taxes was in platform. He ran on that

Didn't he also run on that the rich like him will be paying a lot more? Did he call this tax plan a miracle for corporations?

[Sport]

Didn't he also run on that the rich like him will be paying a lot more? Did he call this tax plan a miracle for corporations?

Based on the usa today article someone posted above, it seems like middle class fams will pay  about 20% less in taxes. what more do you want?

[henche]

Based on the usa today article someone posted above, it seems like middle class fams will pay  about 20% less in taxes. what more do you want?

Is more than that.  They're barely paying anything in federal taxes.  How much less do you want them to pay

[henche]

Didn't he also run on that the rich like him will be paying a lot more?

Feel free to link that, if that's correct.  I don't remember that

[ChaimMoskowitz]

Based on the usa today article someone posted above, it seems like middle class fams will pay  about 20% less in taxes. what more do you want?

Can you link to the article? How much $ are we talking?