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Old October 25th, 2017, 06:59 PM   #11
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Originally Posted by BS Filter View Post
Only an idiot would think more taxes on business is a good thing. How can a good employer give good employees big raises and bonuses when they're forced to give that money to the government?
Employers pay people as little as they can get away with paying them.
If they pay less taxes, they keep the difference for themselves.
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Old October 25th, 2017, 07:03 PM   #12
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Originally Posted by BS Filter View Post
Only an idiot would think more taxes on business is a good thing. How can a good employer give good employees big raises and bonuses when they're forced to give that money to the government?
And what makes you think cutting taxes is going to raise worker pay ???

It didn't when Raygun gave us the single biggest tax cut in history. It didn't again when Bush cut taxes again. It didn't again when Obama cut a deal to make those tax cuts permanent. In fact, the average American worker hasn't had a meaningful pay raise in almost two decades. With inflation, even at extremely low levels, workers have actually started losing pay.

Once info on the tax plan was made available, a plan which gives corporations a HUGE cut, hedge fund managers started investing in AUTOMATON companies. It seems companies are going to use their windfalls to invest in robots and automated assembly lines so they can CUT JOBS !!!!!

Nope company execs are going to take that extra money, give themselves huge fucking bonuses and maybe a few extra pennies a share to the stock holders and call it a day. Their average workers won't see a fucking dime extra in pay.
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Old October 25th, 2017, 07:28 PM   #13
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Originally Posted by TNVolunteer73 View Post
Funny how the Left wing nut cases tell us how the taxes will effect this class that class..

The law has not been written that.

If the tax is written to what Trump Requested (median family income ~50k/year)
Gross income

$50,000
Qualified plan contributions
-
$3,000
Adjusted gross income
=
$47,000
Standard/Itemized deductions
-
$24,000
Personal exemptions
-
$8,100
Taxable income
=
$14,900
Tax liability before credits

$1,490
Child tax credits
-
$1,490
Estimated tax liability
=
$0

https://www.calcxml.com/calculators/...r?skn=#results
Well as you said let's see what the ACTUAL bill has in it. I ran your calculator and I will only see $300 to $400 saving IF they leave the 401k AND the local and property tax deductions alone. If they take either of those away I GET FUCKED !!!!!
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Old October 25th, 2017, 08:14 PM   #14
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Originally Posted by BubbaJones View Post
Well as you said let's see what the ACTUAL bill has in it. I ran your calculator and I will only see $300 to $400 saving IF they leave the 401k AND the local and property tax deductions alone. If they take either of those away I GET FUCKED !!!!!
Well, lookie, lookie. The Flip-flopper-in-Chief does it again.

Quote:
Trump contradicts his own tweet, says 401(k)s could now be up for negotiation


President Donald Trump said that including changes to 401(k)s and retirement accounts could be used as "negotiating" tools for the Republican tax-reform bill.
The comment comes amid reports that Republicans could consider a cap on the amount Americans could contribute to a traditional tax-deferred 401(k) or IRA as $2,400 a year.
Rep. Kevin Brady, a key author of the forthcoming tax bill, said earlier Wednesday the changes were still on the table despite a tweet to the contrary from Trump on Monday.

President Donald Trump said on Wednesday that changes to Americans' retirement-savings accounts could still be included in the forthcoming Republican tax-reform plan.

Trump was asked about comments from Rep. Kevin Brady, chair of the House Ways and Means Committee and an author of the forthcoming GOP tax bill, that there could be changes to retirement accounts like 401(k)s in the plan.
Anyone surpised?

Trump 'negotiating' 401k, retirement savings in GOP tax reform plan - Business Insider
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Old October 26th, 2017, 05:52 AM   #15
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Originally Posted by BS Filter View Post
Only an idiot would think more taxes on business is a good thing. How can a good employer give good employees big raises and bonuses when they're forced to give that money to the government?


Yes yes. We can all see your point because history tells us that CEO's are so incredibly generous. It's that awesome trickle down theory again, that SURELY if the Corp and Big Pharma get a tax break they will share their bounty with all the little people. Rainbows and lollipops for all.

As the gap between the 1% and the 99% continues to widen and the middle class disappears it's pretty obvious that all those "good" employers sorta, kinda FORGOT about those "good" employees....for decades.
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Old October 26th, 2017, 06:02 AM   #16
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Quote:
Originally Posted by BS Filter View Post
Only an idiot would think more taxes on business is a good thing. How can a good employer give good employees big raises and bonuses when they're forced to give that money to the government?
We'll, 'the Government', as you know, is only the same thieves wearing a different hat. It's the capitalist central committee.
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Old October 26th, 2017, 07:49 AM   #17
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Quote:
Originally Posted by TNVolunteer73 View Post
Funny how the Left wing nut cases tell us how the taxes will effect this class that class..

The law has not been written that.

If the tax is written to what Trump Requested (median family income ~50k/year)
Gross income

$50,000
Qualified plan contributions
-
$3,000
Adjusted gross income
=
$47,000
Standard/Itemized deductions
-
$24,000
Personal exemptions
-
$8,100
Taxable income
=
$14,900
Tax liability before credits

$1,490
Child tax credits
-
$1,490
Estimated tax liability
=
$0

https://www.calcxml.com/calculators/...r?skn=#results
If you don't believe these bullshit numbers simply look here for the truth. https://taxfoundation.org/details-an...tax-plan-2016/ a total analysys of President Scum Bags bullshit everything to the rich tax plan. That I will point out will add 1.5 trillion to the deficit/- And his crap about what it will do is wacko analysus of what the outcome of a tax cut will have.
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Old October 26th, 2017, 07:55 AM   #18
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Quote:
Originally Posted by BS Filter View Post
Only an idiot would think more taxes on business is a good thing. How can a good employer give good employees big raises and bonuses when they're forced to give that money to the government?
Look at this clown he thinks that the tax cuts will be used to raise the wages of the worker. These people are totally brain dead.. Tell me something, since we have the highest profits in history, the fastest increase in profits in history and the highest percentage of gross that is profit in history , tell me why business needs a tax cut or less regulations. You people are idiots.
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Old October 26th, 2017, 08:58 AM   #19
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Quote:
Originally Posted by BubbaJones View Post
And what makes you think cutting taxes is going to raise worker pay ???

It didn't when Raygun gave us the single biggest tax cut in history. It didn't again when Bush cut taxes again. It didn't again when Obama cut a deal to make those tax cuts permanent. In fact, the average American worker hasn't had a meaningful pay raise in almost two decades. With inflation, even at extremely low levels, workers have actually started losing pay.

Once info on the tax plan was made available, a plan which gives corporations a HUGE cut, hedge fund managers started investing in AUTOMATON companies. It seems companies are going to use their windfalls to invest in robots and automated assembly lines so they can CUT JOBS !!!!!

Nope company execs are going to take that extra money, give themselves huge fucking bonuses and maybe a few extra pennies a share to the stock holders and call it a day. Their average workers won't see a fucking dime extra in pay.
of course, you are correct

to claim (or worse yet, actually BELIEVE) anything different is very ignorant or extremely naive - or a combination of both.
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Old October 26th, 2017, 09:35 AM   #20
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Quote:
Originally Posted by tristanrobin View Post
of course, you are correct

to claim (or worse yet, actually BELIEVE) anything different is very ignorant or extremely naive - or a combination of both.
Since The trickle down lie just about all the gain of the richest country has gone to the top, that was Reagan's intentions , that is what the hate party wants for this country and now they have decided that the increase of wealth to the top isn't going fast enough so they are writing a bill to quicken the pace and stopping the little that was strained through to the middle class since Reagan's lie. Try asking these haters why that could happen, ask them if they think it's because all of a sudden the wealthy got smarter or have they started to work harder then their workers , ask then if they can see any way that they deserve more or almost actually all of the increase of wealth in this country.
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