No they don’t. You don’t understand what rich is. When you own millions, making 10k isn’t a big deal.
OT: Final Tax Plan Thoughts
- Thread starter scotchtiger
- Start date
No they don’t. You don’t understand what rich is. When you own millions, making 10k isn’t a big deal.
ColumbianTigerinATL
Gold Member
Here's a better calculator from the WSJ. Factors in things that were missing from the other version, like pass-thru income. Result is even better than I thought...
https://www.wsj.com/graphics/republican-tax-plan-calculator/
https://www.wsj.com/graphics/republican-tax-plan-calculator/
So before we were paying down the debt?...didn't know that. Dems are such fiscal debt hawks when Rs are running the show. Don't seem to give two sh!ts when their guy is running it up.
Anyone who says I'm borrowing money that I made is either a Democrat or a whole life insurance salesman.
Based on your previous posts about illegal shell company schemes to reduce your taxable income, I hope you enjoy your quality time with the IRS.
The classic "but he did it to so it's okay". Sorry but both parties are wrong on this one.
If the rate of increase of the national debt has slowed in three years would you retract your 1-1=0 static tax model?
This is basically nonsensical given the bill we just passed. If it helps direct this conversation at all you can consider me a Goldwater conservative.
Hey ****tards. At&t laid off 1400 or so workers yesterday. Two days before Christmas. Thanks tax plan!
This statement is true as far as it goes. The problem is that the program benefits small businesses over individual labor. My wife is an attorney and owner of a small business. Under this program, all we have to do is to lower her pay, which gets taxed at our collective marginal rate ~37% and we get a pass through deduction of 20% of the firm's profits. Profits go up dollar for dollar for everything we lower from her firm.
Honestly, I hate the cost of compliance and the fear of not dotting an i or crossing a t than i do paying taxes. Seems like the code could be simpler. Even for small business.
Any insinuation is not applicable related to Trump using the presidency in any way to help himself and his business. Trump was beyond rich before he ever thought about the White House. He didnt run for President to make himself richer. He ran because he saw all the crap occurring and decided to do something about it. He is running the country to make it better and help all Americans. He is a patriotic American and should be appreciated for what he is doing.
I have been audited and passed with flying colors. don't be such a hater, I am just trying to give a poor like you a view into how the other half lives. I am also going to the natty this year for free, thanks to my biz credit card spending. Buying all those "holiday" gifts for my family on the biz card really paid off. Huzzah!
I don't think any politician on either side is worth of that level of praise. If you believe Obama was a great president you didn't pay enough attention to stuff like the NSA, if you believe Trump is a great president you aren't paying much attention either. This is just as much of a shit-show as the last president. The skills to win the presidency aren't the same skills needed to govern and we haven't found anyone with both sets of skills since probably Reagan.
I see what you are saying Rychek4 and there is reason to be dubious of any President after what has happened over the last 60 years, but I truly believe President Trump is the anomaly. He is doing this to help our country in a truly selfless way and has went in there and attempted to do what he campaigned on more so than any other President that I can recall by far. We will watch and see how this works out in the end. I got my money of President Trump to get it done.
