. . . I personally benefited from the tax cut, and I know anyone who says differently is a liar. Originally Posted by I B Hankering
I'm sorry Rancor, that was just too stupid to pass. And I'm on a troll. (Actually, I'm not sorry)
So far so good w twit head. His tax cut for the rich n his tariffs havent fucked up the Obama economy much yet lol. Really fucked the national debt though. That's the GOP way now. I will be fine when twit for brains does fk up the economy though. The Obama economy has raised my real estate taxes a bunch. Originally Posted by Tsmokies
Well IB...too bad your not rich enough to have save millions in tax cuts. Glad you enjoyed your peanuts though. I enjoyed my peanuts too even though I didn't really need them. 1k lol Originally Posted by TsmokiesTsmokies, His economic policies do have the two Achilles heals you mentioned, one being tariffs and the other increasing the national debt. The "tax cut for benefit of the rich" thing though isn't really true. There are certain wealthy people who benefited a lot, primarily (a) owners of businesses where labor is a large portion of income and (b) owners of businesses where depreciation is a large percentage of income. People like Trump who own a lot of rental real estate fall into "b". Many upper income earners are paying more tax, including those who itemize a lot of personal deductions (like residents of places with high state income taxes) and owners of foreign corporate businesses.
Well IB...too bad your not rich enough to have save millions in tax cuts. Glad you enjoyed your peanuts though. I enjoyed my peanuts too even though I didn't really need them. 1k lol Originally Posted by TsmokiesThe IRS will glade to take the "peanuts" you have to offer...I sure you have no inclination to "donate the peanuts" to your beloved Gumment though.
My 401k has increased in value in the last two years more than the previous eight. 31.7% versus 28.1%
Besides that, Trump has not gotten in the way of something that I want to do unlike Obama and his VA. Originally Posted by the_real_Barleycorn
ftfyNot saying anything bad, but it ain't over till it's over, lots of subpoenas yet to be answered about shady business dealings, tax returns, Russian business involvement's, completion of a full term in office is not guaranteed just yet for his Majesty!
you may continue to post, loyal serf!
Originally Posted by The_Waco_Kid
FYI, good fiction requires that your plot line be somewhat plausible. Yours isn't.Well, that is just not true. Estimates I have read state that approximately 15% of tax filers will pay more under the new tax plan than they did under the old plan. For one, those families with many children will probably see their taxes go up due to the loss of exemptions.
I made $5K more last year than I did in 2017 and paid $1K less in income tax than I did in 2017. Hence, I know I personally benefited from the tax cut, and I know anyone who says differently is a liar. Originally Posted by I B Hankering
I saved in the range of $1200 a year in taxes. Better than nothing but certainly not a lifestyle changer. I'll certainly give Trump a plus for this but only for myself. The overall impact of the tax reform package is a matter of opinion. Many say positive many say negative.
Other than that, Trump's time in office has had little to no positive impact on my life. Originally Posted by SpeedRacerXXX
hasn't resulted in any negative impact either, has it? Originally Posted by The_Waco_Kid