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Tax deal

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  • doogie
    doogie Member Posts: 15,072
    Haven't you started several threads on tax legislation squabbles already?
  • Sledog
    Sledog Member Posts: 38,583 Standard Supporter
    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.

    Please to be explaining how this tax cut will benefit the middle class.
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,725 Standard Supporter
    2001400ex said:

    Sledog said:

    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.

    Please to be explaining how this tax cut will benefit the middle class.
    I have done the math on this tax cut via about 12 different online sources and all show me benefiting. I am middle class.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    Sledog said:

    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.

    Please to be explaining how this tax cut will benefit the middle class.
    I have done the math on this tax cut via about 12 different online sources and all show me benefiting. I am middle class.
    Ok cool. You get a $40 tax cut. I will be about a wash (I have $20k in deductions, but lose the $12k in personal exemptions, taxable income will be higher but at a lower rate). But the dude making $600k a year gets $5,000. And apple gets billions.

    Explain how the wealthy and corporations getting tax cuts will benefit the middle class. That's the point I'm getting at.
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,725 Standard Supporter
    2001400ex said:

    2001400ex said:

    Sledog said:

    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.

    Please to be explaining how this tax cut will benefit the middle class.
    I have done the math on this tax cut via about 12 different online sources and all show me benefiting. I am middle class.
    Ok cool. You get a $40 tax cut. I will be about a wash (I have $20k in deductions, but lose the $12k in personal exemptions, taxable income will be higher but at a lower rate). But the dude making $600k a year gets $5,000. And apple gets billions.

    Explain how the wealthy and corporations getting tax cuts will benefit the middle class. That's the point I'm getting at.
    It's actually a few thousand. And will be more when the first kid arrives next year.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    2001400ex said:

    Sledog said:

    Hondo likes taxes, the more the better. It's odd he doesn't fill in the donation line on the tax form though.

    Please to be explaining how this tax cut will benefit the middle class.
    I have done the math on this tax cut via about 12 different online sources and all show me benefiting. I am middle class.
    Ok cool. You get a $40 tax cut. I will be about a wash (I have $20k in deductions, but lose the $12k in personal exemptions, taxable income will be higher but at a lower rate). But the dude making $600k a year gets $5,000. And apple gets billions.

    Explain how the wealthy and corporations getting tax cuts will benefit the middle class. That's the point I'm getting at.
    It's actually a few thousand. And will be more when the first kid arrives next year.
    I highly doubt is a few thousand. And the kid will wash. You lose the $4,050 personal exemption you had for the additional child.

    Still, explain how the wealthy and corporations will flow the money to the middle class.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,495 Founders Club
    Shut the fuck up hondo. Get a new playbook
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,725 Standard Supporter
    I don't get hung up on penalizing people for being successful. The amount of taxes paid by high-wage earners that flow to low-income earners, combined with the taxes that low-income earners never pay...I would be more interested in closing loopholes in the tax code. As a principle I don't believe that some rich person should have their income redistributed to me for no reason other than they've accumulated wealth.
  • AZDuck
    AZDuck Member Posts: 15,381
    This is what CNN told me: