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Tax hike!!!!

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Comments

  • greenblood
    greenblood Member Posts: 14,559
    You mean Californians and New Yorkers?
  • 2001400ex
    2001400ex Member Posts: 29,457

    You mean Californians and New Yorkers?

    Um no. This isn't really a SALT issue.
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390
    High-achieving, high-income earners have been carrying the federal tax load on behalf of the unskilled-uneducated for decades. Trump and Paul Ryan’s 2017 white trash tax cut cost resulted in a 44-9 advantage for never-trumpers over trumpanzees in California (it defies simple minded dem-gop analysis which is why Oregon football walk-on failures are so confused and perplexed). We can afford it. How much more subsidy, hand-out and freeloading do you need?
  • Sledog
    Sledog Member Posts: 37,763 Standard Supporter

    High-achieving, high-income earners have been carrying the federal tax load on behalf of the unskilled-uneducated for decades. Trump and Paul Ryan’s 2017 white trash tax cut cost resulted in a 44-9 advantage for never-trumpers over trumpanzees in California (it defies simple minded dem-gop analysis which is why Oregon football walk-on failures are so confused and perplexed). We can afford it. How much more subsidy, hand-out and freeloading do you need?

    Glad you support taxing the rich comrade.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    You mean Californians and New Yorkers?

    Um no. This isn't really a SALT issue.
    I assumed somebody would actually read an article before posting it...my mistake
    I know what the article said. But look at the tweets. The person who made $80k isn't reaching the $10k SALT limit. The issue, as I have discussed, is that the standard deduction used to be $12k and now it's $24k. Most of those people probably paid less tax, but they are pissed because they didn't get money back like they are accustomed too. Because they don't have more deductions than the standard anymore.
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390
    Sledog said:

    High-achieving, high-income earners have been carrying the federal tax load on behalf of the unskilled-uneducated for decades. Trump and Paul Ryan’s 2017 white trash tax cut cost resulted in a 44-9 advantage for never-trumpers over trumpanzees in California (it defies simple minded dem-gop analysis which is why Oregon football walk-on failures are so confused and perplexed). We can afford it. How much more subsidy, hand-out and freeloading do you need?

    Glad you support taxing the rich comrade.
    Trump and the gop congress (R.I.P.) confirmed you can’t support yourself.

    Sanctuary states will pick up the slack for your failure.

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,884 Founders Club
    2001400ex said:

    2001400ex said:

    You mean Californians and New Yorkers?

    Um no. This isn't really a SALT issue.
    I assumed somebody would actually read an article before posting it...my mistake
    I know what the article said. But look at the tweets. The person who made $80k isn't reaching the $10k SALT limit. The issue, as I have discussed, is that the standard deduction used to be $12k and now it's $24k. Most of those people probably paid less tax, but they are pissed because they didn't get money back like they are accustomed too. Because they don't have more deductions than the standard anymore.
    Your argument is fucking retarded
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    2001400ex said:

    You mean Californians and New Yorkers?

    Um no. This isn't really a SALT issue.
    I assumed somebody would actually read an article before posting it...my mistake
    I know what the article said. But look at the tweets. The person who made $80k isn't reaching the $10k SALT limit. The issue, as I have discussed, is that the standard deduction used to be $12k and now it's $24k. Most of those people probably paid less tax, but they are pissed because they didn't get money back like they are accustomed too. Because they don't have more deductions than the standard anymore.
    Your argument is fucking retarded
    Care to elaborate?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,884 Founders Club
    I already have every time you make your fucking retarded argument

    I'm going to enjoy my big tax cut now

    Somehow stupid people mad about withholding and getting a doubled exemption and lower taxes is bad


    Most of those people probably paid less tax, but they are pissed because they didn't get money back like they are accustomed too.

    hondofs
  • 2001400ex
    2001400ex Member Posts: 29,457

    I already have every time you make your fucking retarded argument

    I'm going to enjoy my big tax cut now

    Somehow stupid people mad about withholding and getting a doubled exemption and lower taxes is bad


    Most of those people probably paid less tax, but they are pissed because they didn't get money back like they are accustomed too.

    hondofs

    A lot of stupid people voted for Trump and are pissed about it. And there's tweets to prove it.

    Sorry you are butthurt because someone is upset at your hero.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,884 Founders Club
    I don't care about your stupid friends being upset HTH
  • 2001400ex
    2001400ex Member Posts: 29,457

    I don't care about your stupid friends being upset HTH

    Does someone need a hug sugar bear? Rough day when someone says something negative about your beloved one.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,884 Founders Club
    I don't care about your stupid friends being upset HTH
  • 2001400ex
    2001400ex Member Posts: 29,457

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
  • BearsWiin
    BearsWiin Member Posts: 5,072

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
    3% down will get you into a sweet townhouse
  • greenblood
    greenblood Member Posts: 14,559

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
    Yep. 10% down in my id 20's for a house. How's your overpriced apartment?
  • greenblood
    greenblood Member Posts: 14,559
    BearsWiin said:

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
    3% down will get you into a sweet townhouse
    I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390

    BearsWiin said:

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
    3% down will get you into a sweet townhouse
    I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...
    20% of what?
    Pmi means you are a credit risk to your lender.
    I own a sfr property in Pasadena ca. I don’t pay pmi.
  • 2001400ex
    2001400ex Member Posts: 29,457

    BearsWiin said:

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
    3% down will get you into a sweet townhouse
    I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...
    Most people either refi in a couple years to drop pmi or do a 80/10.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,884 Founders Club

    BearsWiin said:

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
    3% down will get you into a sweet townhouse
    I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...
    20% of what?
    Pmi means you are a credit risk to your lender.
    I own a sfr property in Pasadena ca. I don’t pay pmi.
    Trouble following along?
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390

    BearsWiin said:

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
    3% down will get you into a sweet townhouse
    I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...
    20% of what?
    Pmi means you are a credit risk to your lender.
    I own a sfr property in Pasadena ca. I don’t pay pmi.
    Trouble following along?
    Yes, apparently. A little help here. How much upfront $$$$ did self-made man / failed football Oregon walk-on / social security financing expert (illegals pay all the tax) / need for his down payment to qualify for a non-pmi loan? 20% of what loan value?

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,884 Founders Club
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390

    BearsWiin said:

    2001400ex said:

    As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here

    Having a sole prop doesn't change your itemized deductions. HTH
    Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.
    Mortgage insurance? πŸ˜‚πŸ˜‚πŸ€£
    3% down will get you into a sweet townhouse
    I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...
    GAYBOB DANGER ZONE!!!!!

    Alert: Freddie and Fannie taxpayer subsidized loan coming your way!

    Sorry greenbob, but GayBob is about to delver the white trash trashing of your lifetime!
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390

    Yep

    Apparently

    Makes sense.