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Velvet
by swamp_fever2002. 05/02/24 06:48 PM
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Trump on taxes
#2096100
04/23/17 05:23 PM
04/23/17 05:23 PM
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Joined: Sep 2012
Posts: 8,456 Harpersville, AL
tfd1224
OP
14 point
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OP
14 point
Joined: Sep 2012
Posts: 8,456
Harpersville, AL
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Per Donald trumps facebook page, he is going to announce big tax reform and tax reduction on Wednesday. Personally, I can't wait to hear what he has to say. Hopefully it will mean more of my hard earned money will stay in my pocket and not the pocket of some piece of crap who is too lazy to work.
Yeah c’mon. Daniel White
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Re: Trump on taxes
[Re: tfd1224]
#2096202
04/24/17 02:01 AM
04/24/17 02:01 AM
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Joined: Nov 2004
Posts: 9,565 Cape San Blas, Florida
Deadwood
Footbsll Bat PSYOPS
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Footbsll Bat PSYOPS
Joined: Nov 2004
Posts: 9,565
Cape San Blas, Florida
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I will reserve my opinion until I hear the details. I still remember the big hoopla over the secret heath reform that was written to benefit big interests and money instead of a free market approach. That said, I want to support him and give him the benefit of doubt on this tax plan. I don't mind THIS benefitting corporations, since they employ most folks. I hope the little guy benefits, too.
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Re: Trump on taxes
[Re: tfd1224]
#2096230
04/24/17 02:46 AM
04/24/17 02:46 AM
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Joined: Jun 2012
Posts: 21,799 Awbarn, AL
CNC
Dances With Weeds
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Dances With Weeds
Joined: Jun 2012
Posts: 21,799
Awbarn, AL
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Trump said it was gonna be something so terrific we won’t even believe. It must be huuuuuge whatever it is……
We dont rent pigs
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Re: Trump on taxes
[Re: tfd1224]
#2096236
04/24/17 02:52 AM
04/24/17 02:52 AM
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Joined: Sep 2015
Posts: 5,241 Behind your shadow
Reloader79
Bitch Peas, I'm a Kitty Whisperer
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Bitch Peas, I'm a Kitty Whisperer
Joined: Sep 2015
Posts: 5,241
Behind your shadow
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Won't change much if any, most will go into the pockets of the super rich. Middle class will remain
If I agreed with you, we'd both be wrong.
Bluetick serpentines around green fields and rock spit a lease
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Re: Trump on taxes
[Re: CNC]
#2096268
04/24/17 03:29 AM
04/24/17 03:29 AM
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Joined: Nov 2015
Posts: 21,445 HSV AL
jmudler
Freak of Nature
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Freak of Nature
Joined: Nov 2015
Posts: 21,445
HSV AL
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It must be huuuuuge whatever it is…… Biggly
Isaiah 5:20 Woe to those who call evil good and good evil, who put darkness for light and light for darkness, who put bitter for sweet and sweet for bitter.
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Re: Trump on taxes
[Re: Reloader79]
#2096272
04/24/17 03:33 AM
04/24/17 03:33 AM
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Joined: Nov 2011
Posts: 21,786 USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,786
USA
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Won't change much if any, most will go into the pockets of the super rich. Middle class will remain The middle class doesn't pay that high of a percentage in taxes. I know everyone thinks they pay like 50% in taxes, but in reality it's more like 10%. Especially if you have kids. For a family of 4 making $50,000-$100,000, the effective tax rate is extremely low. Lot's of "rich" folks actually do pay more like 40%+. Nobody that makes below $250K does. Nobody.
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Re: Trump on taxes
[Re: Remington270]
#2096328
04/24/17 04:19 AM
04/24/17 04:19 AM
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Joined: Mar 2003
Posts: 26,447 Helena
3toe
Talking Turkey
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Talking Turkey
Joined: Mar 2003
Posts: 26,447
Helena
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Won't change much if any, most will go into the pockets of the super rich. Middle class will remain The middle class doesn't pay that high of a percentage in taxes. I know everyone thinks they pay like 50% in taxes, but in reality it's more like 10%. Especially if you have kids. For a family of 4 making $50,000-$100,000, the effective tax rate is extremely low. Lot's of "rich" folks actually do pay more like 40%+. Nobody that makes below $250K does. Nobody. Hell I wish I only paid 10%.
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Re: Trump on taxes
[Re: 3toe]
#2096331
04/24/17 04:22 AM
04/24/17 04:22 AM
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Joined: Nov 2011
Posts: 21,786 USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,786
USA
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Won't change much if any, most will go into the pockets of the super rich. Middle class will remain The middle class doesn't pay that high of a percentage in taxes. I know everyone thinks they pay like 50% in taxes, but in reality it's more like 10%. Especially if you have kids. For a family of 4 making $50,000-$100,000, the effective tax rate is extremely low. Lot's of "rich" folks actually do pay more like 40%+. Nobody that makes below $250K does. Nobody. Hell I wish I only paid 10%. You could be paying more. My point was I hate taxes as much as anybody, but unless you're making well into the 6-figures it's not like you're paying "half" of your money in taxes. Health insurance is a whole different story...
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Re: Trump on taxes
[Re: Remington270]
#2096433
04/24/17 05:45 AM
04/24/17 05:45 AM
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Joined: Jan 2002
Posts: 10,484 Bham
Dallas County
Booner
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Booner
Joined: Jan 2002
Posts: 10,484
Bham
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Won't change much if any, most will go into the pockets of the super rich. Middle class will remain The middle class doesn't pay that high of a percentage in taxes. I know everyone thinks they pay like 50% in taxes, but in reality it's more like 10%. Especially if you have kids. For a family of 4 making $50,000-$100,000, the effective tax rate is extremely low. Lot's of "rich" folks actually do pay more like 40%+. Nobody that makes below $250K does. Nobody. Not if you use Geno's tax method. You're 100% correct and it amazes me that people belive they pay the amount of taxes that a marginal tax bracket shows on all their income.And your $250K is conservative, it's more like $400K for a couple filing jointly. Take the amount of Federal taxes you owed on 4/18 and divide it by your total pay for the year. That's your effective tax rate.
not sure what the best way to handle them is but they shouldnt be on tv and gettn married and raisin kids
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Re: Trump on taxes
[Re: charlie]
#2096462
04/24/17 06:18 AM
04/24/17 06:18 AM
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Joined: Feb 2013
Posts: 8,403
Atoler
14 point
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14 point
Joined: Feb 2013
Posts: 8,403
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Maybe not in income taxes but if you add in all the other taxes you get pretty close. Yep. Face value may not seem like that much, but look at how taxes inflate the consumer costs of everything at a compounded rated for everything we use. From the ground to our hands, plus income taxes, we pay way way more than 50%.
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Re: Trump on taxes
[Re: Atoler]
#2096967
04/24/17 04:02 PM
04/24/17 04:02 PM
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Joined: Dec 2015
Posts: 2,259 Clayton, AL
BC_Reb
8 point
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8 point
Joined: Dec 2015
Posts: 2,259
Clayton, AL
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Maybe not in income taxes but if you add in all the other taxes you get pretty close. Yep. Face value may not seem like that much, but look at how taxes inflate the consumer costs of everything at a compounded rated for everything we use. From the ground to our hands, plus income taxes, we pay way way more than 50%. Yes sir!
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Re: Trump on taxes
[Re: tfd1224]
#2097023
04/24/17 05:24 PM
04/24/17 05:24 PM
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Joined: Oct 2002
Posts: 18,070 Andalusia, Al. Covington Co.
DEADorALIVE
Old Mossy Horns
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Old Mossy Horns
Joined: Oct 2002
Posts: 18,070
Andalusia, Al. Covington Co.
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Federal income tax, state income tax, medicare, SS, FICA...all that before state/county/municipal sales tax, property tax, motor vehicle registration and boat registration taxes, luxury tax, road use tax on gasoline and other fuels, communications tax on cell phones and landlines...I probably get taxed for paying tax.
Well behaved women never make history.~ Out back Quit laughing...I think I broke something.
Fifteen is my limit on Schnitzen-Gruben, Baby...
I have OCD and ADD, so everything has to be perfect, but only for a minute.
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Re: Trump on taxes
[Re: Remington270]
#2097067
04/24/17 11:19 PM
04/24/17 11:19 PM
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Joined: Sep 2011
Posts: 3,872 Spanish Fort
teamduckdown
10 point
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10 point
Joined: Sep 2011
Posts: 3,872
Spanish Fort
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Won't change much if any, most will go into the pockets of the super rich. Middle class will remain The middle class doesn't pay that high of a percentage in taxes. I know everyone thinks they pay like 50% in taxes, but in reality it's more like 10%. Especially if you have kids. For a family of 4 making $50,000-$100,000, the effective tax rate is extremely low. Lot's of "rich" folks actually do pay more like 40%+. Nobody that makes below $250K does. Nobody. Bullchit. Between State, Federal, SS, and Medicare(also a tax imo), I pay in about 35% a pay check. And that's on checks with little to no Overtime. Throw in a couple days of Overtime, and it's up near 40%.
Last edited by teamduckdown; 04/24/17 11:19 PM.
Turkeys be damned.
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Re: Trump on taxes
[Re: teamduckdown]
#2097142
04/25/17 02:25 AM
04/25/17 02:25 AM
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Joined: Nov 2011
Posts: 21,786 USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,786
USA
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Won't change much if any, most will go into the pockets of the super rich. Middle class will remain The middle class doesn't pay that high of a percentage in taxes. I know everyone thinks they pay like 50% in taxes, but in reality it's more like 10%. Especially if you have kids. For a family of 4 making $50,000-$100,000, the effective tax rate is extremely low. Lot's of "rich" folks actually do pay more like 40%+. Nobody that makes below $250K does. Nobody. Bullchit. Between State, Federal, SS, and Medicare(also a tax imo), I pay in about 35% a pay check. And that's on checks with little to no Overtime. Throw in a couple days of Overtime, and it's up near 40%. Top rate is 39.6% federal and 5% state. That ONLY kicks in after $450,000 if you're married. Sounds like you're a baller!
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Re: Trump on taxes
[Re: Remington270]
#2097152
04/25/17 02:32 AM
04/25/17 02:32 AM
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Joined: Oct 2001
Posts: 25,464 Tampa
Beer Belly
Freak of Nature
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Freak of Nature
Joined: Oct 2001
Posts: 25,464
Tampa
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Won't change much if any, most will go into the pockets of the super rich. Middle class will remain The middle class doesn't pay that high of a percentage in taxes. I know everyone thinks they pay like 50% in taxes, but in reality it's more like 10%. Especially if you have kids. For a family of 4 making $50,000-$100,000, the effective tax rate is extremely low. Lot's of "rich" folks actually do pay more like 40%+. Nobody that makes below $250K does. Nobody. You don't realize how much you are paying because much of it is hidden: - Income tax (Fed, State, City in some places) - FICA (you & your employer (they are paying as much as you on YOUR behalf)) you have to double what you pay - Fuel - do you drive? - Property Tax - do you live indoors (you pay tax) - sales tax - do you buy anything - Lease hunting land - part of that money goes to their property tax + other taxes for leasing the land - Does anyone do any work for you? electrician, plumber, etc? Part of your payment to them is their tax. - cell phone tax - electricity tax - water/trash pick up tax - tax on insurance - cable TV tax - smoke? Drink? = Tax Add it all up and you will cry.
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