unconfirmed tax proposals by house ways and means committee

[william the wie]

39.5% at the top end.

Pass through LLCs pay 20%

State and local income taxes lose deductability.

 

[DarkFury]

39 is to high. 20 is the number.

 

[bendog]

39.5% at the top end.

Pass through LLCs pay 20%

State and local income taxes lose deductability.

I thought they'd keep the property tax deduction but remove the state income tax deduction. Imo the whole thing is double taxation, and they should just cap it so people making 750K get no more benefit than lower middle class payers.

But it adds to the debt, and imo does little to actually benefit the economy as promised, and I want to see Trump gone ... along with the Turtle ... so I hope the gop fails.

 

[BluesLegend]

39.5% at the top end.

Pass through LLCs pay 20%

State and local income taxes lose deductability.

I thought they'd keep the property tax deduction but remove the state income tax deduction. Imo the whole thing is double taxation, and they should just cap it so people making 750K get no more benefit than lower middle class payers.

But it adds to the debt, and imo does little to actually benefit the economy as promised, and I want to see Trump gone ... along with the Turtle ... so I hope the gop fails.

You wish to punish people making $750k?

 

[bendog]

39.5% at the top end.

Pass through LLCs pay 20%

State and local income taxes lose deductability.

I thought they'd keep the property tax deduction but remove the state income tax deduction. Imo the whole thing is double taxation, and they should just cap it so people making 750K get no more benefit than lower middle class payers.

But it adds to the debt, and imo does little to actually benefit the economy as promised, and I want to see Trump gone ... along with the Turtle ... so I hope the gop fails.

You wish to punish people making $750k?

I want them to keep paying the taxes they do now ... sort of how the gop plan doesn't cut the top rate. And no taxes are not fair.

 

[william the wie]

39 is to high. 20 is the number.

Just use LLCs they cost less than a will.

 

[DarkFury]

39 is to high. 20 is the number.

Just use LLCs they cost less than a will.

If you don't cut the top I have no reason to keep my money here. Those 19 points add up rather quickly.

 

[william the wie]

39 is to high. 20 is the number.

Just use LLCs they cost less than a will.

If you don't cut the top I have no reason to keep my money here. Those 19 points add up rather quickly.

Sorry, I use a lawyer to avoid taxes and you can reach the Bahamas in a dinghy from here.