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First Paycheck Since the New Tax Rates Were Enacted

I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?
Good for you. I do want to interject something. You are celebrating your windfall and citing democrats as liars as the tax cuts being,although anecdotal beneficial to you and not detrimental. There is a moral here. Democrats have a different outlook on what role government should take in your live. You say these tax cuts are good for you because it allows you to pay back student loans. I'm European, I pay way higher taxes then an American, conversely my college degree set me back about 20000 euro IN TOTAL. I funded it by working odd jobs when the academical year was done. In fact a student loan doesn't exist here. Funded by a HIGHER tax rate. My wife is American and I've seen how much her family, who are middle class comparatively struggle with my family which is in general blue collar. I wan't you to keep this in mind when touting the virtues of paying less taxes, with what in essence comes down to your children's money since it increases the debt.

Why would I want to pay a higher tax rate so someone else can go to college for "free?" What if I hadn't gone? Why should I have to pay for someone else to go?

I don't believe in a system where dirty politicians take my money and then give it back to me through bribes at election time.
 
I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?
Good for you. I do want to interject something. You are celebrating your windfall and citing democrats as liars as the tax cuts being,although anecdotal beneficial to you and not detrimental. There is a moral here. Democrats have a different outlook on what role government should take in your live. You say these tax cuts are good for you because it allows you to pay back student loans. I'm European, I pay way higher taxes then an American, conversely my college degree set me back about 20000 euro IN TOTAL. I funded it by working odd jobs when the academical year was done. In fact a student loan doesn't exist here. Funded by a HIGHER tax rate. My wife is American and I've seen how much her family, who are middle class comparatively struggle with my family which is in general blue collar. I wan't you to keep this in mind when touting the virtues of paying less taxes, with what in essence comes down to your children's money since it increases the debt.

I pay way higher taxes then an American, conversely my college degree set me back about 20000 euro IN TOTAL.

What percentage of high school graduates apply to college in your country?
What's the acceptance criteria? How many are accepted?
 
I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?
Good for you. I do want to interject something. You are celebrating your windfall and citing democrats as liars as the tax cuts being,although anecdotal beneficial to you and not detrimental. There is a moral here. Democrats have a different outlook on what role government should take in your live. You say these tax cuts are good for you because it allows you to pay back student loans. I'm European, I pay way higher taxes then an American, conversely my college degree set me back about 20000 euro IN TOTAL. I funded it by working odd jobs when the academical year was done. In fact a student loan doesn't exist here. Funded by a HIGHER tax rate. My wife is American and I've seen how much her family, who are middle class comparatively struggle with my family which is in general blue collar. I wan't you to keep this in mind when touting the virtues of paying less taxes, with what in essence comes down to your children's money since it increases the debt.

I pay way higher taxes then an American, conversely my college degree set me back about 20000 euro IN TOTAL.

What percentage of high school graduates apply to college in your country?
What's the acceptance criteria? How many are accepted?

Less than here. That's the catch
 
I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?
Good for you. I do want to interject something. You are celebrating your windfall and citing democrats as liars as the tax cuts being,although anecdotal beneficial to you and not detrimental. There is a moral here. Democrats have a different outlook on what role government should take in your live. You say these tax cuts are good for you because it allows you to pay back student loans. I'm European, I pay way higher taxes then an American, conversely my college degree set me back about 20000 euro IN TOTAL. I funded it by working odd jobs when the academical year was done. In fact a student loan doesn't exist here. Funded by a HIGHER tax rate. My wife is American and I've seen how much her family, who are middle class comparatively struggle with my family which is in general blue collar. I wan't you to keep this in mind when touting the virtues of paying less taxes, with what in essence comes down to your children's money since it increases the debt.
If the Goverment is fiscally responsible it wouldn't be an issue.
Raising taxes when running a deficit, would be fiscally responsible. Are you for that?
Being fiscally responsible means cuts in spending.
 
America giving the money that doesn't have lol....basically make us pay for it later, and make the deficit even larger. Way to go.
 
Debt comes from wasteful government spending coupled with low rates of domestic production and poor policies from career politicians who have no concept of running a business. To them, hard working people are money trees to be mercilessly shaken.

I give you California, New York as examples.

Maybe if you used Greece as an example ole forkup would comprehend better...
 
I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?
How many years can you count on that income?

Probably for quite a while. Considering I also generally receive anywhere between a 2 to 4% wage each year, not to mention a yearly bonus which I will receive in February, we are pretty happy right now. I'm sorry you are so miserable.
It is not infrastructure.

A fifteen dollar an hour minimum wage would have an upward pressure on wages.
 
I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?
Good for you. I do want to interject something. You are celebrating your windfall and citing democrats as liars as the tax cuts being,although anecdotal beneficial to you and not detrimental. There is a moral here. Democrats have a different outlook on what role government should take in your live. You say these tax cuts are good for you because it allows you to pay back student loans. I'm European, I pay way higher taxes then an American, conversely my college degree set me back about 20000 euro IN TOTAL. I funded it by working odd jobs when the academical year was done. In fact a student loan doesn't exist here. Funded by a HIGHER tax rate. My wife is American and I've seen how much her family, who are middle class comparatively struggle with my family which is in general blue collar. I wan't you to keep this in mind when touting the virtues of paying less taxes, with what in essence comes down to your children's money since it increases the debt.
If the Goverment is fiscally responsible it wouldn't be an issue.
Raising taxes when running a deficit, would be fiscally responsible. Are you for that?
Being fiscally responsible means cuts in spending.
No it's what you want it to mean. There are 2 ways to get money when you're in debt. One is to spend less. (Republicans just decided to spend more, citing they'll earn it back in the future), or you can increase revenue. Both are perfectly valid.
 
I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?
Good for you. I do want to interject something. You are celebrating your windfall and citing democrats as liars as the tax cuts being,although anecdotal beneficial to you and not detrimental. There is a moral here. Democrats have a different outlook on what role government should take in your live. You say these tax cuts are good for you because it allows you to pay back student loans. I'm European, I pay way higher taxes then an American, conversely my college degree set me back about 20000 euro IN TOTAL. I funded it by working odd jobs when the academical year was done. In fact a student loan doesn't exist here. Funded by a HIGHER tax rate. My wife is American and I've seen how much her family, who are middle class comparatively struggle with my family which is in general blue collar. I wan't you to keep this in mind when touting the virtues of paying less taxes, with what in essence comes down to your children's money since it increases the debt.
If the Goverment is fiscally responsible it wouldn't be an issue.
Raising taxes when running a deficit, would be fiscally responsible. Are you for that?
Being fiscally responsible means cuts in spending.
No it's what you want it to mean. There are 2 ways to get money when you're in debt. One is to spend less. (Republicans just decided to spend more, citing they'll earn it back in the future), or you can increase revenue. Both are perfectly valid.

The best method is a combination of both. As there is a limit to how much revenue can be added and how much spending can be cut.

Only by doing both can the country reduce its debt


Sent from my iPhone using USMessageBoard.com
 
I just read 3 pages of bullshit, there is no incentive for any politician in the states to do anything to reduce the deficient. They only bribe each other with pork belly bills to get their agenda passed to increase entitlement to their constituents.

If you truly want wages to go up limit the amount of employee's that are available to work that job, stop importing workers, step one.

Anyway. my weekly increase is $44.34, or just over 2% more take home as I just got my first check at the new tax rate. or $2305.68 a year.

What to do, what to do, fuck it, my kids are grown college educated without any loan debt and living on their own. I think I'll just save it or blow it at my discretion.

Wife get paid biweekly so we'll see next week.
 
I just read 3 pages of bullshit, there is no incentive for any politician in the states to do anything to reduce the deficient. They only bribe each other with pork belly bills to get their agenda passed to increase entitlement to their constituents.

If you truly want wages to go up limit the amount of employee's that are available to work that job, stop importing workers, step one.

Anyway. my weekly increase is $44.34, or just over 2% more take home as I just got my first check at the new tax rate. or $2305.68 a year.

What to do, what to do, fuck it, my kids are grown college educated without any loan debt and living on their own. I think I'll just save it or blow it at my discretion.

Wife get paid biweekly so we'll see next week.
too much socialism on a national basis.

Why not increase the minimum wage to fifteen dollars an hour, instead.
 
I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?


good post
 
Folks keeping more of their hard-earned money? Wow, what an awesome idea. Thank you President Trump. :clap:
 
Folks keeping more of their hard-earned money? Wow, what an awesome idea. Thank you President Trump. :clap:
It is being financed and added to the debt. Our debt will be getting bigger, that is what the right wing is for in modern times; bigger government.
 
Folks keeping more of their hard-earned money? Wow, what an awesome idea. Thank you President Trump. :clap:
It is being financed and added to the debt. Our debt will be getting bigger, that is what the right wing is for in modern times; bigger government.

Maybe it's time for Democrats to agree to spending cuts? Good luck trying to convince them on that. So for now, folks will enjoy taking more of their income home. They can spend their money more responsibly than Government can.
 
Folks keeping more of their hard-earned money? Wow, what an awesome idea. Thank you President Trump. :clap:
It is being financed and added to the debt. Our debt will be getting bigger, that is what the right wing is for in modern times; bigger government.

Maybe it's time for Democrats to agree to spending cuts? Good luck on trying to convince them on that. So for now, folks will enjoy taking more of their income home. They can spend their money more responsibly than Government can.
end the drug war. we did in California.
 
Folks keeping more of their hard-earned money? Wow, what an awesome idea. Thank you President Trump. :clap:
It is being financed and added to the debt. Our debt will be getting bigger, that is what the right wing is for in modern times; bigger government.

Maybe it's time for Democrats to agree to spending cuts? Good luck on trying to convince them on that. So for now, folks will enjoy taking more of their income home. They can spend their money more responsibly than Government can.
end the drug war. we did in California.

Yeah, you go ahead and try convincing your fellow Democrats to pursue spending cuts. See what that gets ya. Folks should keep more of their hard-earned money. It's better in their hands, than in Government hands.
 
I saw the statement for my first paycheck for this Friday that uses the new tax rates. I cleared an extra $70. I get paid every two weeks so over the year that amount will be $1820. My wife's should be similar since we make about the same amount. Plus throw in the extra $1,000 child tax credit and by the end of this year we'll have an extra $4,000 to $5,000 in our pockets we wouldn't have had if the new tax legislation hadn't passed. I can use a lot of this money to pay down my student loans faster. We've also talked about redoing our master bathroom.

When will Democrats stop lying and claiming that this legislation won't help the middle class?

I think we will all see short term gains
What hurts me is long term losses

My state tax deduction will be capped at $10,000 for 2018. I deducted $24,000 last year
I also don't know what the impact of ending the mandate on overall health insurance costs

I am hoping I can break even
 
Folks keeping more of their hard-earned money? Wow, what an awesome idea. Thank you President Trump. :clap:
It is being financed and added to the debt. Our debt will be getting bigger, that is what the right wing is for in modern times; bigger government.

Maybe it's time for Democrats to agree to spending cuts? Good luck on trying to convince them on that. So for now, folks will enjoy taking more of their income home. They can spend their money more responsibly than Government can.
end the drug war. we did in California.

Yeah, you go ahead and try convincing your fellow Democrats to pursue spending cuts. See what that gets ya. Folks should keep more of their hard-earned money. It's better in their hands, than in Government hands.
I make a motion to end the federal war on drugs regarding marijuana since there is no longer any State war on marijuana in California.
 

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