The Big Giant Tax Cut?

[OnePercenter]

If Trump really cared about the middle-class worker, he would has established a federal $15.00/hr minimum wage and given businesses a tax credit to offset the additional wage. Of course predator companies such as Trump International wouldn't like that.

$15 an hour is a middle class wage? Yeah back in 1980

Yet Arizona raised minimum wage to $10.00/hr and rose from number three State in poverty, to number eight State in poverty.

 

[OnePercenter]

If Trump really cared about the middle-class worker, he would has established a federal $15.00/hr minimum wage and given businesses a tax credit to offset the additional wage. Of course predator companies such as Trump International wouldn't like that.

You really think burger flippers and such deserve a minimum wage that is more than what I will make working for my state with a degree required?

Seems your State isn't paying enough.

Perhaps we should have two minimum wages; $15.00/hr for non-degree, and $20.00/hr for degree workers.

 

[OnePercenter]

First it was too much and then it was too little. It's just a freaking change in the tax structure. Why are lefties acting so freaking hysterical? Do they really thrive on economic stagnation?

The middle-class doen't need a tax cut, they need a BIG raise in pay!

 

[BluesLegend]

If Trump really cared about the middle-class worker, he would has established a federal $15.00/hr minimum wage and given businesses a tax credit to offset the additional wage. Of course predator companies such as Trump International wouldn't like that.

$15 an hour is a middle class wage? Yeah back in 1980

Yet Arizona raised minimum wage to $10.00/hr and rose from number three State in poverty, to number eight State in poverty.

President Trump knows, as many of us do that raising the minimum wage to $15 an hour is a stupid waste of time. We have to create jobs that pay a LOT more than that to fix this problem. Think $30-$40 an hour. $15 is retarded.

 

[OnePercenter]

No you didn't, that calculator is based on the older House version of the bill. The calculator site states this clearly and warns you not to rely on the results. The bill has simplified calculating your taxes, just go read the bill and hand calculate them as I did. Trump saved me thousands of dollars, thanks president Trump

Care to do the math?

From what I see the group of people most at risk of getting slammed with a big tax increase are single filers earning over $157k who live in high tax blue states who purchased expensive homes.

The deduction for state income and property taxes are capped at $10k total, combined. In some blue states the property taxes alone on a home will exceed that cap, meaning they will lose the deduction for property taxes over $10k plus the entire deduction for state income taxes.

That could be thousands of dollars. The standard deduction was increased to $12k for single filers but that won't help if they are paying $20k in state income and property taxes. Married couples have more hope of avoiding the pinch as they get a $24k standard deduction.

You've managed to avoid the question.

Sure I can do that math.

I asked for your numbers, not some bloviating bullshit.

 

[ColonelAngus]

The biggest ever...according to President Trump.

I've watched and listened to politicians all my life. I've known for years that politicians are not particularly trustworthy. They often fudge the truth, or they talk around the truth, or they avoid giving a direct answer to a simple question. Sometimes they can be 100% for (or against) some issue unless (or until) it becomes politically unpopular to do so, at which point they'll make a 180 degree change of opinion and claim that it's a change of heart and not an expedient decision. It's difficult to maintain any real respect for men and women who have no real values and core beliefs, especially when they tend to preach about values to the rest of us.

There's actually one person and event that stands out in my mind in this regard. It's Newt Gingrich. It happened a few years when he was already out of office and didn't have to concern himself with any more elections or public opinion polls regarding his leadership. I mean, he already had a pretty darn sleazy reputation when it came to his personal life and his time in office, but he was now a private citizen, and one could argue that he could now give his honest opinion on a wide variety of topics. That is, if he chose to do so. I guess it was simply too much to expect from a man who spent his life paving the road to hell with bad intentions.

At any rate, the event happened a few years ago as Libya was in a meltdown, and Muammar Gaddafi was threatening to lay waste to one of his own cities (Benghazi, as it turns out) because of protests related to the Arab Spring movement. Well, Gingrich goes on TV and criticizes Obama for not taking military action. Then, days later when Obama DID take military action (without involving U.S. ground troops, by the way), Gingrich went on TV and criticized Obama for putting Americans in harm,s way. What? Six years later, he still hasn't changed his stripes considering that months ago he praised Robert Mueller and his unimpeachable credentials, and he now calls him corrupt.

You get the picture, I'm sure. But, as the title of this thread suggests, this thread isn't about Gingrich; it's about the big giant tax cut.

I went to a website that allowed me to calculate my big giant tax cut savings. It's a whopping one half of one percent. That's .005! That means that for every $100.00 in taxes I currently pay, I'll get 50 cents back. When I can't even measure the savings in paper currency, I don't think "big" is an accurate operative word to describe the tax cut.

But this thread isn't just about the so-called tax cut. It's about President Trump. I have never heard a politician lie as much, or as often, or as BIG as Trump does. And it's so blatant, so obvious, and so mind-numbingly transparent, that I'm befuddled as to why otherwise reasonable and usually rational people are taken in by all these glaring falsehoods.

The only solace I feel at this point is that I know that eventually the vast majority of liars and flimflam men are discovered for what they truly are. Additionally, the more public they are in their lying, the sooner it usually happens. I just can't figure out why more people haven't caught on about Trump by now. But with Trump's approval rating currently hovering around 32% at the end of his first year in office, I expect the fatigue and disillusionment factor to start gaining more traction in the months to come. Perhaps that will start to pick up more steam when the working class people who helped put him in office see their big giant tax cut next year. If that doesn't do it, perhaps it will happen when estimates are put forward about how much money the entire Trump family will save in taxes yearly. Keep in mind that Trump said he would not benefit from the big middle class tax cut. See what I mean about the lying?

Harry Reid is a shithead.

 

[OnePercenter]

First it was too much and then it was too little. It's just a freaking change in the tax structure. Why are lefties acting so freaking hysterical? Do they really thrive on economic stagnation?

Dem's have convinced their base the solution is to confiscate most of the money the 'rich' earn.

Shouldn't the rich pay the same percentage of their income as you pay?

 

[Indeependent]

I honestly believe Trump has zero idea of what he is signing.
The conflict is Trump is signing every piece of shit his nemesis, Paul Ryan, is handing him.

 

[BluesLegend]

No you didn't, that calculator is based on the older House version of the bill. The calculator site states this clearly and warns you not to rely on the results. The bill has simplified calculating your taxes, just go read the bill and hand calculate them as I did. Trump saved me thousands of dollars, thanks president Trump

Care to do the math?

From what I see the group of people most at risk of getting slammed with a big tax increase are single filers earning over $157k who live in high tax blue states who purchased expensive homes.

The deduction for state income and property taxes are capped at $10k total, combined. In some blue states the property taxes alone on a home will exceed that cap, meaning they will lose the deduction for property taxes over $10k plus the entire deduction for state income taxes.

That could be thousands of dollars. The standard deduction was increased to $12k for single filers but that won't help if they are paying $20k in state income and property taxes. Married couples have more hope of avoiding the pinch as they get a $24k standard deduction.

You've managed to avoid the question.

Sure I can do that math.

I asked for your numbers, not some bloviating bullshit.

You want me to post my personal financial information on the internet? Ah...hell no

 

[OnePercenter]

If Trump really cared about the middle-class worker, he would has established a federal $15.00/hr minimum wage and given businesses a tax credit to offset the additional wage. Of course predator companies such as Trump International wouldn't like that.

$15 an hour is a middle class wage? Yeah back in 1980

Yet Arizona raised minimum wage to $10.00/hr and rose from number three State in poverty, to number eight State in poverty.

President Trump knows, as many of us do that raising the minimum wage to $15 an hour is a stupid waste of time. We have to create jobs that pay a LOT more than that to fix this problem. Think $30-$40 an hour. $15 is retarded.

Middle-class spending creates the need for jobs.

No employer is going to pay more than they have too unless it makes financial sense, barring of course construction of a Maui vacation home.

 

[BluesLegend]

First it was too much and then it was too little. It's just a freaking change in the tax structure. Why are lefties acting so freaking hysterical? Do they really thrive on economic stagnation?

Dem's have convinced their base the solution is to confiscate most of the money the 'rich' earn.

Shouldn't the rich pay the same percentage of their income as you pay?

No, lets divide the $4 trillion a year federal budget evenly so everyone pays the exact same amount that's fair.

 

[OnePercenter]

Care to do the math?

From what I see the group of people most at risk of getting slammed with a big tax increase are single filers earning over $157k who live in high tax blue states who purchased expensive homes.

The deduction for state income and property taxes are capped at $10k total, combined. In some blue states the property taxes alone on a home will exceed that cap, meaning they will lose the deduction for property taxes over $10k plus the entire deduction for state income taxes.

That could be thousands of dollars. The standard deduction was increased to $12k for single filers but that won't help if they are paying $20k in state income and property taxes. Married couples have more hope of avoiding the pinch as they get a $24k standard deduction.

You've managed to avoid the question.

Sure I can do that math.

I asked for your numbers, not some bloviating bullshit.

You want me to post my personal financial information on the internet? Ah...hell no

I made $7.5M last year, with an official income of $1. I paid ZERO in federal personal income tax.

 

[Toddsterpatriot]

How much is your big giant tax cut?

Bigger than the middle class tax cut I got from Clinton in 1993.

 

[Toddsterpatriot]

From what I see the group of people most at risk of getting slammed with a big tax increase are single filers earning over $157k who live in high tax blue states who purchased expensive homes.

The deduction for state income and property taxes are capped at $10k total, combined. In some blue states the property taxes alone on a home will exceed that cap, meaning they will lose the deduction for property taxes over $10k plus the entire deduction for state income taxes.

That could be thousands of dollars. The standard deduction was increased to $12k for single filers but that won't help if they are paying $20k in state income and property taxes. Married couples have more hope of avoiding the pinch as they get a $24k standard deduction.

You've managed to avoid the question.

Sure I can do that math.

I asked for your numbers, not some bloviating bullshit.

You want me to post my personal financial information on the internet? Ah...hell no

I made $7.5M last year, with an official income of $1. I paid ZERO in federal personal income tax.

How much tax did your "Trust" pay?

 

[OnePercenter]

First it was too much and then it was too little. It's just a freaking change in the tax structure. Why are lefties acting so freaking hysterical? Do they really thrive on economic stagnation?

Dem's have convinced their base the solution is to confiscate most of the money the 'rich' earn.

Shouldn't the rich pay the same percentage of their income as you pay?

No, lets divide the $4 trillion a year federal budget evenly so everyone pays the exact same amount that's fair.

This is what I asked; Shouldn't the rich pay the same percentage of their income as you pay?

Now, answer the question.

 

[BluesLegend]

If Trump really cared about the middle-class worker, he would has established a federal $15.00/hr minimum wage and given businesses a tax credit to offset the additional wage. Of course predator companies such as Trump International wouldn't like that.

$15 an hour is a middle class wage? Yeah back in 1980

Yet Arizona raised minimum wage to $10.00/hr and rose from number three State in poverty, to number eight State in poverty.

President Trump knows, as many of us do that raising the minimum wage to $15 an hour is a stupid waste of time. We have to create jobs that pay a LOT more than that to fix this problem. Think $30-$40 an hour. $15 is retarded.

Middle-class spending creates the need for jobs.

No employer is going to pay more than they have too unless it makes financial sense, barring of course construction of a Maui vacation home.

No it doesn't, you libs keep telling us the middle class is broke and in dire straights due to income stagnation and inequality? Okay so how's the economy growing then if they have no money? Pointing out the left's contradictions is a full time job.

 

[OnePercenter]

You've managed to avoid the question.

Sure I can do that math.

I asked for your numbers, not some bloviating bullshit.

You want me to post my personal financial information on the internet? Ah...hell no

I made $7.5M last year, with an official income of $1. I paid ZERO in federal personal income tax.

How much tax did your "Trust" pay?

3%

 

[BluesLegend]

From what I see the group of people most at risk of getting slammed with a big tax increase are single filers earning over $157k who live in high tax blue states who purchased expensive homes.

The deduction for state income and property taxes are capped at $10k total, combined. In some blue states the property taxes alone on a home will exceed that cap, meaning they will lose the deduction for property taxes over $10k plus the entire deduction for state income taxes.

That could be thousands of dollars. The standard deduction was increased to $12k for single filers but that won't help if they are paying $20k in state income and property taxes. Married couples have more hope of avoiding the pinch as they get a $24k standard deduction.

You've managed to avoid the question.

Sure I can do that math.

I asked for your numbers, not some bloviating bullshit.

You want me to post my personal financial information on the internet? Ah...hell no

I made $7.5M last year, with an official income of $1. I paid ZERO in federal personal income tax.

I made $15M last year, with an official income of .50 cents. I paid ZERO in federal personal income tax and stole a baby's lollipop.

 

[Toddsterpatriot]

Sure I can do that math.

I asked for your numbers, not some bloviating bullshit.

You want me to post my personal financial information on the internet? Ah...hell no

I made $7.5M last year, with an official income of $1. I paid ZERO in federal personal income tax.

How much tax did your "Trust" pay?

3%

How many dollars did your "Trust" pay?

 

[BluesLegend]

First it was too much and then it was too little. It's just a freaking change in the tax structure. Why are lefties acting so freaking hysterical? Do they really thrive on economic stagnation?

Dem's have convinced their base the solution is to confiscate most of the money the 'rich' earn.

Shouldn't the rich pay the same percentage of their income as you pay?

No, lets divide the $4 trillion a year federal budget evenly so everyone pays the exact same amount that's fair.

This is what I asked; Shouldn't the rich pay the same percentage of their income as you pay?

Now, answer the question.

I already told you no. Why should I have to pay more than my neighbor? Are you proposing a punishment tax on successful people?