General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI don't think my taxes are going to go down under this new plan.
It may increase our standard deductions, but we would lose about 10,000 in deductions for other taxes we pay (state and real estate). We would still be in a 25% category.
This reform is bound to be a gift for the con men in the WH.
Atman
(31,464 posts)This will only benefit the very wealthy. Why should this year be any different?
wasupaloopa
(4,516 posts)wealth upward. Any tax plan they propose will never be favorable to us.
Eyeball_Kid
(7,434 posts)... denigrating the nonwhite, nonwealthy population, and they'll vote GOP. Every time. Racism works.
Wellstone ruled
(34,661 posts)a five hundred to a couple thousand increase in our Tax Bill. Again,the Romney 47% get clobbered.
exboyfil
(17,865 posts)and if it doubles, it means an additional nearly $2K in our pockets.
At the cost of my daughters' future.
I hope this abomination dies.
Cattledog
(5,919 posts)uponit7771
(90,364 posts)gordianot
(15,245 posts)uponit7771
(90,364 posts)Johonny
(20,890 posts)wishstar
(5,271 posts)Now, the portion that employers pay to subsidize health care premiums so that employees/retirees can afford their health plans has not been taxable at all.
One of the major hits of this horrible plan
Ilsa
(61,698 posts)That will add another $2500, minimum, to our taxes.
How do you incorporate yourself or your family?
WinkyDink
(51,311 posts)phylny
(8,389 posts)Republican, loves Trump. We visited a few weekends ago and his property taxes in New York are about $20,000 a year.
Good luck with that, TrumpBoy.