Americans Are Finding Out They Got Royally Screwed By The Republican Tax Scam

[Harpy Eagle]

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

BOOM, found GEOTUS saved my middle class family $3000 bucks. Thanks Mr President! : The_Donald

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

 

[Dale Smith]

They could have used that power to fundamentally improve the lives of ordinary Americans. They could have passed all kinds of incentives to keep corporations from “outsourcing” jobs and hiding and parking their profits overseas. They could have routed vast sums of money to rebuild deteriorating highways and bridges that Americans rely on every day. They could have bolstered up Medicare and Social Security, ensuring that millions of citizens enjoyed a dignified and prosperous retirement. They could have helped families pay for their kids’ college educations. They could have funded all kinds of services that would improve the quality of Americans’ lives.

Instead, they chose to do the exact opposite.

Americans are finally finding out they got royally screwed by the Republican tax scam

Checked your 401K or IRA lately? I lost $3000 in 2018, and that was in a safe targeted retirement fund. Which has now been pulled out of the market, and will remain so as long as Trump is President. I can only imagine how my tax return is going to look.

ROTFLMAO!!! The communist website the daily kos?????

 

[skews13]

They could have used that power to fundamentally improve the lives of ordinary Americans. They could have passed all kinds of incentives to keep corporations from “outsourcing” jobs and hiding and parking their profits overseas. They could have routed vast sums of money to rebuild deteriorating highways and bridges that Americans rely on every day. They could have bolstered up Medicare and Social Security, ensuring that millions of citizens enjoyed a dignified and prosperous retirement. They could have helped families pay for their kids’ college educations. They could have funded all kinds of services that would improve the quality of Americans’ lives.

Instead, they chose to do the exact opposite.

Americans are finally finding out they got royally screwed by the Republican tax scam

Checked your 401K or IRA lately? I lost $3000 in 2018, and that was in a safe targeted retirement fund. Which has now been pulled out of the market, and will remain so as long as Trump is President. I can only imagine how my tax return is going to look.

Are you suggesting Trump is responsible for your IRA losing money because of how the guy you entrusted your money with gambled / invested your money?

You do know there is 'm sure thing's / '100% 'Safe'' investment, right?!

Yes, and i'm in one now. This has nothing to do with the premise though. Every major mutual fund in America has been invested in the market since the end of the recession in 2010, and the market regained value. Anyone with retirement in the next 10years have their accounts in a mutual fund mixed with less and less market exposure each year. Nobody in any mutual fund that had market exposure last year made money. And only those who moved their money out of the market retained their accounts value, but at 1% in a government backed fund, didn't make any money either.

And you just exposed yourself. So in other words with your reply, you had no confidence in the Trump market either, and moved your money out of it right?

So where is your faith in the Dear Leaders business accumen so loudly tout on a daily basis?

So you trust the government with your money more than you do Trump?

Kind of socialist of you huh?

 

[leftwinger]

Two reasons for this. First these people paid less tax to start with so of course they got a smaller tax refund. Secondly if you are in a blue state with high taxes there's a limit on how much of that state tax you can write off on your federal tax. No longer will the citizens of red stated be forced to subsidize citizens of blue states. If you don't like that either move or get your blue state tax burden reduced.

All tax rates were lowered, std deduction increased. Normal income, median home-owners paid less in ANY state. Maybe avg joe is working more? Making more? Paying more?

If you have a big $10mil house in CA or NY, and $10mil income....your deduction got capped at $10K. But even then you rate dropped 2.6% so even those not hurt as much as DEMs wish?

Mortgage interest capped at what? $750K? Median silicon valley home.

Bottom line: rich blue staters are the only ones possibly hurt?

 

[OnePercenter]

Two reasons for this. First these people paid less tax to start with so of course they got a smaller tax refund. Secondly if you are in a blue state with high taxes there's a limit on how much of that state tax you can write off on your federal tax. No longer will the citizens of red stated be forced to subsidize citizens of blue states. If you don't like that either move or get your blue state tax burden reduced.

I think you are laboring under an incorrect illusion. I think you got the states that subsidize other states backwards.

When blue state citizens can write off state taxes to avoid paying federal taxes they are forcing those of us in red stated to shoulder more of the burden.

Can't red State citizens deduct State taxes?

 

[sawyerloggingon]

Two reasons for this. First these people paid less tax to start with so of course they got a smaller tax refund. Secondly if you are in a blue state with high taxes there's a limit on how much of that state tax you can write off on your federal tax. No longer will the citizens of red stated be forced to subsidize citizens of blue states. If you don't like that either move or get your blue state tax burden reduced.

Show us how that works.

View attachment 245115
/QUOTE]
Blue states with big cities and large populations of course pay more tax dollars but the percentage of income per person paid to the feds is artificially reduced when they can write off their high state taxes. This puts an extra burden on citizens of red stated with lower tax rates. That's how it works.

 

[sawyerloggingon]

Two reasons for this. First these people paid less tax to start with so of course they got a smaller tax refund. Secondly if you are in a blue state with high taxes there's a limit on how much of that state tax you can write off on your federal tax. No longer will the citizens of red stated be forced to subsidize citizens of blue states. If you don't like that either move or get your blue state tax burden reduced.

I think you are laboring under an incorrect illusion. I think you got the states that subsidize other states backwards.

When blue state citizens can write off state taxes to avoid paying federal taxes they are forcing those of us in red stated to shoulder more of the burden.

Can't red State citizens deduct State taxes?

Yes but our taxes are lower and limits on blue state write offs for taxes levels the playing field

 

[leftwinger]

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

BOOM, found GEOTUS saved my middle class family $3000 bucks. Thanks Mr President! : The_Donald

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

View attachment 245116

What is that chart? Sales taxes? Sale tax is not deductible anyway?
CA income tax is ~13% on the top.

 

[Harpy Eagle]

Two reasons for this. First these people paid less tax to start with so of course they got a smaller tax refund. Secondly if you are in a blue state with high taxes there's a limit on how much of that state tax you can write off on your federal tax. No longer will the citizens of red stated be forced to subsidize citizens of blue states. If you don't like that either move or get your blue state tax burden reduced.

I think you are laboring under an incorrect illusion. I think you got the states that subsidize other states backwards.

When blue state citizens can write off state taxes to avoid paying federal taxes they are forcing those of us in red stated to shoulder more of the burden.

Can't red State citizens deduct State taxes?

Yes but our taxes are lower and limits on blue state write offs for taxes levels the playing field

Out of the top 20 states, red states hold 11 of the spots for most paid in state and local taxes...the high tax blue states is just one more empty talking point.


Sent from my iPhone using USMessageBoard.com

 

[depotoo]

Dear, property taxes and income taxes, not sales taxes

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

BOOM, found GEOTUS saved my middle class family $3000 bucks. Thanks Mr President! : The_Donald

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

View attachment 245116

 

[OnePercenter]

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

BOOM, found GEOTUS saved my middle class family $3000 bucks. Thanks Mr President! : The_Donald

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

View attachment 245116

And

Combined sales and income tax leaders
The Tax Foundation interprets individual tax burden by what taxpayers actually spend in local and state taxes, rather than report these expenses from the state revenue perspective used by the Census Bureau. Its State and Local Tax Burden Rankings study reported that Americans paid an average rate of 9.9 percent in state and local taxes in 2012. According to the foundation, the five highest state-local tax states were:

• New York 12.7 %
• Connecticut 12.6%
• New Jersey 12.2%
• Illinois 11.0%
• California and Wisconsin 11.0%

The same states have ranked as the top three consistently since 2005, according to the foundation. "Lots of people want to relocate for lifestyle issues," says Molony. "Some seek a nicer climate. If all things are equal between climate choices, the tax situation becomes an area worth exploring."

States with the Highest and Lowest Taxes - TurboTax Tax Tips & Videos

 

[OnePercenter]

When the smoke clears, the real problem for the middle class is lack of adequate pay.....

 

[Thinker101]

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

BOOM, found GEOTUS saved my middle class family $3000 bucks. Thanks Mr President! : The_Donald

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

View attachment 245116

WTF, Dood, a fricken excel spreadsheet. How about telling us when California had a 7.25% state tax.
California Sales Tax Rate - 2019

 

[OnePercenter]

Two reasons for this. First these people paid less tax to start with so of course they got a smaller tax refund. Secondly if you are in a blue state with high taxes there's a limit on how much of that state tax you can write off on your federal tax. No longer will the citizens of red stated be forced to subsidize citizens of blue states. If you don't like that either move or get your blue state tax burden reduced.

I think you are laboring under an incorrect illusion. I think you got the states that subsidize other states backwards.

When blue state citizens can write off state taxes to avoid paying federal taxes they are forcing those of us in red stated to shoulder more of the burden.

Can't red State citizens deduct State taxes?

Yes but our taxes are lower and limits on blue state write offs for taxes levels the playing field

You already receive more money than you paid from the feds, so you want more? Is that it?

 

[Harpy Eagle]

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

BOOM, found GEOTUS saved my middle class family $3000 bucks. Thanks Mr President! : The_Donald

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

View attachment 245116

WTF, Dood, a fricken excel spreadsheet. How about telling us when California had a 7.25% state tax.
California Sales Tax Rate - 2019

In 2018. You know, the tax year we are talking about.

Once again, the thinker is not thinking...at least you are consistent.

 

[kyzr]

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

BOOM, found GEOTUS saved my middle class family $3000 bucks. Thanks Mr President! : The_Donald

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

View attachment 245116

And

Combined sales and income tax leaders
The Tax Foundation interprets individual tax burden by what taxpayers actually spend in local and state taxes, rather than report these expenses from the state revenue perspective used by the Census Bureau. Its State and Local Tax Burden Rankings study reported that Americans paid an average rate of 9.9 percent in state and local taxes in 2012. According to the foundation, the five highest state-local tax states were:

• New York 12.7 %
• Connecticut 12.6%
• New Jersey 12.2%
• Illinois 11.0%
• California and Wisconsin 11.0%

The same states have ranked as the top three consistently since 2005, according to the foundation. "Lots of people want to relocate for lifestyle issues," says Molony. "Some seek a nicer climate. If all things are equal between climate choices, the tax situation becomes an area worth exploring."

States with the Highest and Lowest Taxes - TurboTax Tax Tips & Videos

New in 2018, State and Local Taxes (SALT) has been limited to $10,000, along with new limits on mortgage interest and charitable contributions:
3 Itemized Deduction Changes with Tax Reform | H&R Block

The good news is that the standard deduction has been increased/doubled, so itemizers get hit, but most of us don't.

 

[Thinker101]

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

BOOM, found GEOTUS saved my middle class family $3000 bucks. Thanks Mr President! : The_Donald

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

View attachment 245116

WTF, Dood, a fricken excel spreadsheet. How about telling us when California had a 7.25% state tax.
California Sales Tax Rate - 2019

In 2018. You know, the tax year we are talking about.

Once again, the thinker is not thinking...at least you are consistent.

Yea, bad news, it's 2019. And even more bad news.
California Sales Tax Rate Changes in February 2019

 

[Harpy Eagle]

It’s true, those that live in blue states that they have allowed their legislators to rape them and red states to cover their butts in that raping with extraordinarily high taxes, is now no longer allowed. They are finding out it’s time to reel in their own states high taxes.

Hey, longknife, can you explain how that happened? What extra breaks did you get? I ask because yesterday I read a piece that had over 13K comments complaining about their taxes this year where they either had to pay instead of getting a refund as in the past, or got a significantly reduced refund. Many complained that this is the first year they ever..ever..had to pay instead of getting a refund. I do not doubt that some, like yourself, get the gold mine instead of the shaft, but how? Why? Is there a secret process?

The top 20 states for highest local taxes...11 of them were Red states in the last election:

View attachment 245116

WTF, Dood, a fricken excel spreadsheet. How about telling us when California had a 7.25% state tax.
California Sales Tax Rate - 2019

In 2018. You know, the tax year we are talking about.

Once again, the thinker is not thinking...at least you are consistent.

Yea, bad news, it's 2019. And even more bad news.
California Sales Tax Rate Changes in February 2019

Once again for those with an IQ lower than a head of cabbage...the thread is about the 2018 tax year. Do try and keep up please. It just waste everyone's time when you have to have the thread explained to you.

 

[EvilCat Breath]

The bots complaining about the tax refunds are the same bots complaining because they had a bigger paycheck before. They are bots. That's what they do.

Nancy Pelosi and Elizabeth Warren will be happy to tell you to be miserable becsuse someone else, that you don't even know, got more.

 

[sawyerloggingon]

You already receive more money than you paid from the feds, so you want more? Is that it?[/QUOTE]
I want blue state taxpayers to pay the same federal taxes they would if they lived in red states. Thats it.