|
|
|
|
|
|
|
|
Wtb
by 270 guru. 04/06/25 12:21 PM
|
|
|
|
|
1
|
2
|
3
|
4
|
5
|
|
6
|
7
|
8
|
9
|
10
|
11
|
12
|
|
13
|
14
|
15
|
16
|
17
|
18
|
19
|
|
20
|
21
|
22
|
23
|
24
|
25
|
26
|
|
27
|
28
|
29
|
30
|
|
|
|
|
|
113 registered members (BCLC, RayDog, beetrapper, Etyson, XVIII, BBD23, South Ala Hunter, goodman_hunter, Cactus_buck, hunter84, seminole1, klay, abolt300, hallb, hoggin, TexasHuntress, fish251, mcninja, JLMiller, GrandSlam, rutwad, chill, BD, Ron A., Chiller, foldemup, turkey247, bamamed1, CNC, Uokman2014, C3SEAST, Joe4majors, CarbonClimber1, Rooster600, dwaugh, donia, WEMOhunter, sumpter_al, Young20, AU338MAG, Bustinbeards, trlrdrdave, 7PTSPREAD, Bronco 74, Overland, turfarmer, Turkey_neck, M48scout, Floorman1, Ryano, gman, jellyhead11, Country, MountainTopHunter, Brownitsdown, bradbathome, Shane99, globe, Petey, MMPineLevel, Bruno, Squadron77, Huntn2feed5, BamaBoHunter, stuball, canichols424, Frankie, Treelimb, cmontgomery, hawndog, eclipse829, brushwhacker, 700ltr308, Backwards cowboy, Chaser357, furnfeather, bamafarmer, Skinner, Letshunt, rrice0725, csanders, 3Gs, dustymac, Tree Dweller, coosabuckhunter, jmj120, Savage33, mjs14, Lvlhdd, abamadude, twaldrop4, Ruger7mag, Paint Rock 00, Ben Downs, jchurch, 3blades, booner, buzzard, bug54, Dubie, apolloslade, Raspy, 11 invisible),
1,075
guests, and 0
spiders. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
Re: The Republican Tax Plan
[Re: Remington270]
#2279266
11/02/17 07:23 AM
11/02/17 07:23 AM
|
Joined: Aug 2005
Posts: 8,363
Montgomery
WmHunter
14 point
|
14 point
Joined: Aug 2005
Posts: 8,363
Montgomery
|
I think it is an improvement of the current tax code.
My understanding is that it still allows for deduction of State income taxes up to $10,000 per individual, so that takes care of the vast majority of taxpayers.
I wish they would abolish the "Earned Income Tax Credit" - the number one source of fraud and identity theft in the tax code.
Believe it or not, the child tax credit is a fast second place source of fraud and abuse.
"The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson
" Chuck Sykes is a dictator control freak like Vladimir Putin " WmHunter
|
|
|
Re: The Republican Tax Plan
[Re: WmHunter]
#2279273
11/02/17 07:28 AM
11/02/17 07:28 AM
|
Joined: Nov 2011
Posts: 22,095
USA
Remington270
OP
Freak of Nature
|
OP
Freak of Nature
Joined: Nov 2011
Posts: 22,095
USA
|
My understanding is that it still allows for deduction of State income taxes up to $10,000 per individual, so that takes care of the vast majority of taxpayers.
No- it allows for PROPERTY tax deduction. Not state taxes. Besides shouldn't everyone get a tax cut, since the folks that make more pay more?
|
|
|
Re: The Republican Tax Plan
[Re: Remington270]
#2279309
11/02/17 08:13 AM
11/02/17 08:13 AM
|
Joined: Oct 2011
Posts: 3,524
TX
hunting13
10 point
|
10 point
Joined: Oct 2011
Posts: 3,524
TX
|
It looks like a big ol steaming pile of crap, as expected. Not being able to deduct state income taxes will hurt a lot of folks. No wonder folks get tired of Republicans, they're liberal! steaming pile of crap describes it well. All a politician wants is to say "we passed something..dont matter what it is or if its any good" Just throw it on the wall and hope it sticks. Meanwhile here in the real world we are sucking hind tit. 1/2 of the population pays no tax. Working class pays it for them and we pay their insurance too. Buncha hooey
|
|
|
Re: The Republican Tax Plan
[Re: Remington270]
#2279310
11/02/17 08:18 AM
11/02/17 08:18 AM
|
Joined: Dec 2001
Posts: 14,219
AL
hunterbuck
Booner
|
Booner
Joined: Dec 2001
Posts: 14,219
AL
|
So basically, folks who live in states which have no state income tax will see no change with this plan...while those of us who do live where there is state income taxes will take a hit.
That's bullsquat.
I'd much rather them do away with the property tax deduction, rather than state income tax deduction.
"You think I care? Roll Damn Tide"
Have you tried Google?
|
|
|
Re: The Republican Tax Plan
[Re: hunterbuck]
#2279312
11/02/17 08:19 AM
11/02/17 08:19 AM
|
Joined: Nov 2011
Posts: 22,095
USA
Remington270
OP
Freak of Nature
|
OP
Freak of Nature
Joined: Nov 2011
Posts: 22,095
USA
|
So basically, folks who live in states which have no state income tax will see no change with this plan...while those of us who do live where there is state income taxes will take a hit.
That's bullsquat. Correct, sir.
|
|
|
Re: The Republican Tax Plan
[Re: DryFire]
#2279314
11/02/17 08:20 AM
11/02/17 08:20 AM
|
Joined: Nov 2011
Posts: 22,095
USA
Remington270
OP
Freak of Nature
|
OP
Freak of Nature
Joined: Nov 2011
Posts: 22,095
USA
|
We should have the option of deducting either the property tax or state income tax. Texans are happy. No state income tax, but high property taxes. Yeah but you already get to deduct property taxes as it is. Just because other folks are getting taxed more wont help you any.
|
|
|
Re: The Republican Tax Plan
[Re: Remington270]
#2279326
11/02/17 08:29 AM
11/02/17 08:29 AM
|
Joined: Feb 2011
Posts: 11,256
Conecuh county
hallb
Booner
|
Booner
Joined: Feb 2011
Posts: 11,256
Conecuh county
|
Didn't it double the standard deductible? Which for most people in normal states such as AL is WAY more than you pay in state taxes, so I'd venture to guess it won't really affect people as much as you think. The lib states like New York and Cali, they gonna hate it, maybe they'll force their states to lower their taxes or get the hell out of dodge.
Sounds like what they tried to do is for the average Joe salary probably like the majority of folks on this site, the standard deductible will be the norm.
I live in a state with no income tax, so maybe I'm biased a bit, but I don't see what the big deal is about it except that it just sounds bad on the outside. I'm more hopeful for the changes to corporate taxes, the repatriation tax, etc is good for the economy more so than I'm worried about whether I pay $400 less in taxes.
|
|
|
Re: The Republican Tax Plan
[Re: Remington270]
#2279327
11/02/17 08:29 AM
11/02/17 08:29 AM
|
Joined: Jul 2011
Posts: 37,765
Boxes Cove
2Dogs
Freak of Nature
|
Freak of Nature
Joined: Jul 2011
Posts: 37,765
Boxes Cove
|
Does it do anything to help Joe the Plumber?
How about 401k, they leaving it alone?
"Why do you ask"?
Always vote the slowest path to socialism.
|
|
|
Re: The Republican Tax Plan
[Re: hallb]
#2279336
11/02/17 08:43 AM
11/02/17 08:43 AM
|
Joined: Mar 2013
Posts: 6,249
alex city
oakachoy
12 point
|
12 point
Joined: Mar 2013
Posts: 6,249
alex city
|
My research shows 25% from 39.6% they left 401k's alone. I like it think it will improve the economy
WM Hunter "Trump literally sacrificed himself, his family and all of his businesses for this country.
He literally is a true American hero. And True American Patriot - warts and all."
|
|
|
Re: The Republican Tax Plan
[Re: hallb]
#2279350
11/02/17 08:53 AM
11/02/17 08:53 AM
|
Joined: Dec 2001
Posts: 14,219
AL
hunterbuck
Booner
|
Booner
Joined: Dec 2001
Posts: 14,219
AL
|
I live in a state with no income tax, so maybe I'm biased a bit, but I don't see what the big deal is about it except that it just sounds bad on the outside.
Of course you're biased...you're not giving up anything. Those of us who do live in states with an income tax are giving up something.
"You think I care? Roll Damn Tide"
Have you tried Google?
|
|
|
Re: The Republican Tax Plan
[Re: Canez]
#2279355
11/02/17 08:58 AM
11/02/17 08:58 AM
|
Joined: Sep 2015
Posts: 9,541
Montgomery, AL
jbc
14 point
|
14 point
Joined: Sep 2015
Posts: 9,541
Montgomery, AL
|
A big issue being ignored here is the 1.5 trillion added to the debt that everyone suddenly seems ok with.
That doesn't sound very "conservative" to me. It’s like adding more sand to the beach,... It’s not ever getting paid off anyway
|
|
|
|
