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| Re: Democrats struggle with rising popularity of GOP tax law (1496722) | |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Sun Feb 18 21:29:17 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by ClearAspect on Sun Feb 18 19:35:56 2018. You should try reading what your links say and what links they include in their article. Wages are rising across the board.https://www.nytimes.com/2018/02/02/business/economy/jobs-report.html It's fun pulling your strings. LOL! |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Sun Feb 18 21:30:24 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Spider-Pig on Sun Feb 18 21:26:43 2018. Nominal, I think, but I'd have to go back and check the sources to be sure. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by BILLBKLYN on Sun Feb 18 22:40:15 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Sun Feb 18 18:52:28 2018. I am not a muslim, so I don't pray 5 Times Daily.You can think what you like about my vote, at the end of the day you're still wrong. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Sun Feb 18 23:15:13 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Sun Feb 18 21:20:05 2018. Neither do you. Admit that what you're selling is hype. The majority see no improving economy.Many in the middle class see their tax deduction for property tax getting cut, so they have to even increase their withholding, reducing take home pay, to cover the new liability. That's NOT a tax cut. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Sun Feb 18 23:22:52 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Sun Feb 18 21:23:44 2018. Read what I write sometimes. I never said that the economy was good post 1990s. Fact is, bush tossed the economy during that time. Hurt millions of people. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Sun Feb 18 23:26:10 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by BILLBKLYN on Sun Feb 18 22:40:15 2018. No, your leader lies five times daily. Been his running average. At the end of the day you're still a liar. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by BILLBKLYN on Sun Feb 18 23:27:30 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Sun Feb 18 23:26:10 2018. Who has a leader? Can you explain to me how I'm a lawyer? And have a valid response, not some nonsense like oh you just are. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Sun Feb 18 23:30:57 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by BILLBKLYN on Sun Feb 18 23:27:30 2018. You're a retired cop, not a lawyer. You're a trumper. Doubt you can carry a philosophical conversation (haven't met a trumper yet that could) so we'll skip the being part. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by BILLBKLYN on Sun Feb 18 23:34:38 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Sun Feb 18 23:30:57 2018. I never said I was a retired cop, and I meant a liar. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by BILLBKLYN on Sun Feb 18 23:35:16 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by BILLBKLYN on Sun Feb 18 23:34:38 2018. So tell me how I'm a liar. Remember, you said the accusation about me, so now I want to hear why |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by LuchAAA on Sun Feb 18 23:36:42 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Sun Feb 18 23:30:57 2018. you confuse him with Hellkeeper, who really needs to go on a gluten-free diet for 60 days. It will change his personality for the better. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Olog-hai on Mon Feb 19 00:26:09 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by LuchAAA on Sun Feb 18 23:36:42 2018. Exactly what do you think gluten causes? |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Mon Feb 19 00:27:53 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by LuchAAA on Sun Feb 18 23:36:42 2018. Who? No, I don't believe so. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by BILLBKLYN on Mon Feb 19 01:12:10 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by BILLBKLYN on Sun Feb 18 23:35:16 2018. I'm still waiting for an answer, Bingbong! |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Olog-hai on Mon Feb 19 01:20:37 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by BILLBKLYN on Mon Feb 19 01:12:10 2018. You'll be waiting forever. It's like her claims that the South Carolina BMW plant was closing. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by LuchAAA on Mon Feb 19 02:49:24 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Olog-hai on Mon Feb 19 00:26:09 2018. autoimmune diseases.Eliminating gluten grains helps many people. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Mon Feb 19 07:29:59 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Sun Feb 18 23:15:13 2018. The tax deduction has been cut but remember, the 2018 standard deduction is $24,000 for married joint-filing couples (compared to $12,700 for 2017). Even in high property tax/state income tax states like NY and NJ, how many middle class couples in 2017 had itemized deductions in excess of $24,000? From what I've read, it's households earning $200,000 or more that will be impacted, and even in NY and Taxachusetts, that's greater than middle class incomes.https://www.cnbc.com/2017/03/30/how-much-you-have-to-earn-to-be-considered-middle-class-in-every-state.html |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by ClearAspect on Mon Feb 19 07:34:37 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Sun Feb 18 21:29:17 2018. From your article:“Economists cautioned against reading too much into a single month of data, which is preliminary and will be revised at least twice. Several times in recent years, wage growth has appeared to pick up, only to fall back to earth in subsequent months. And other measures of wage growth haven’t yet shown the same acceleration.” And “Instead, Mr. Mabry said, he is looking for ways to make restaurants more efficient by reducing turnover, improving morale and cross-training workers for various jobs. The goal, he said, is to be able to pay higher wages to fewer workers.” Take your own advice and read the articles you link Dave. Reading is fundamental. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by AlM on Mon Feb 19 07:37:29 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Mon Feb 19 07:29:59 2018. Even in high property tax/state income tax states like NY and NJ, how many middle class couples in 2017 had itemized deductions in excess of $24,000?Many. For example: 150K income. 8K income tax. 15K real estate tax. 15K mortgage interest. 2K charitable if they can afford it. Not to mention that they also have lost their 8K person exemptions. This is of course compensated for to some degree by reduced tax rates, but that wasn't what you brought up. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Mon Feb 19 09:25:58 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by AlM on Mon Feb 19 07:37:29 2018. I believe the reduced rate does not offset the loss of deductions. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by AlM on Mon Feb 19 09:53:08 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Mon Feb 19 09:25:58 2018. It depends on the size of your deductions. The reduced rates do offset the loss of the personal exemptions and some amount of deductions. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Mon Feb 19 11:18:38 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by AlM on Mon Feb 19 07:37:29 2018. In NY, that's a household of five people, using the link I posted earlier. I'll assume the $150K is gross income and it's a married couple.2017: Exemptions of $4,050 x 5 = $20,250. Deductions of $40,000. AGI = $89,750. Tax is $13,915. 2018: Exemptions = $24,000. Child tax credit = $6,000. SALT deductions = $10,000. Mortgage deduction = $15,000. AGI = $95,000. Tax is $12,779. This family pays less in taxes under the new tax law. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by AlM on Mon Feb 19 14:02:29 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Mon Feb 19 11:18:38 2018. This family pays less in taxes under the new tax law.Understood, but not the issue I was addressing as indicated by what I put into italics. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Mon Feb 19 15:10:30 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by AlM on Mon Feb 19 14:02:29 2018. And I realized over lunch that I was wrong in my 2018 calculation. You aren't able to take the standard deduction AND a deduction for SALT and mortgage interest; the latter are available only when the itemized deductions exceed the standard deduction. The correct math is:2018: Child tax credit = $6,000. SALT deductions = $10,000. Mortgage deduction = $15,000. AGI = $119,000. Tax is $18,059. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by mtk52983 on Mon Feb 19 15:19:51 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Mon Feb 19 15:10:30 2018. So that means your hypothetical person just had a $4,000 bump in their taxes under the new tax law |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Mon Feb 19 15:48:28 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Mon Feb 19 11:18:38 2018. Only for a few years. Apparently you don't have a problem with that. Lots do. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by R2ChinaTown on Mon Feb 19 16:06:35 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Mon Feb 19 15:48:28 2018. Meanwhile the Democraps want to raise taxes. Apparently you don't have a problem with that. Lots do. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Mon Feb 19 16:56:39 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by R2ChinaTown on Mon Feb 19 16:06:35 2018. So prove it. That a vague and wide ranging statement.We could really stand to raise the gas tax, to fund repair and improvements to roads and bridges, barring any other infrastructure legislation. The current trump proposal is DOA. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by ClearAspect on Mon Feb 19 16:56:56 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by R2ChinaTown on Mon Feb 19 16:06:35 2018. Cause we understand that you dont pay a vast military in IOUs. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by AlM on Mon Feb 19 17:28:39 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by mtk52983 on Mon Feb 19 15:19:51 2018. Something must still be wrong. I don't think that family gets a 4K boost in their taxes. It should be the prior taxes +/- about 1,000. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Mon Feb 19 18:51:37 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by mtk52983 on Mon Feb 19 15:19:51 2018. Nah, that's also wrong. I need to go back and see where the mistake is. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by BILLBKLYN on Mon Feb 19 21:31:38 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Mon Feb 19 16:56:39 2018. And by the way, I'm still waiting for you to answer me about how I'm a liar. I just thought I would throw that in there |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Fred G on Mon Feb 19 22:53:08 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by BILLBKLYN on Mon Feb 19 21:31:38 2018. Common knowledge. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by BILLBKLYN on Tue Feb 20 03:25:41 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Fred G on Mon Feb 19 22:53:08 2018. No need to step in for her. She still has to answer my question. As for you, tell me something that I lie about that you know as fact. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Henry R32 #3730 on Tue Feb 20 07:28:35 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by ClearAspect on Mon Feb 19 16:56:56 2018. The military is the only thing the Feds need to be funding. Everything else should be handled by the states. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Tue Feb 20 07:37:33 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Henry R32 #3730 on Tue Feb 20 07:28:35 2018. Really? What about the Post Office? Or the FAA? How about the FDA? |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by bingbong on Tue Feb 20 08:04:35 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Tue Feb 20 07:37:33 2018. The EPA? For example, the atmosphere doesn't honor state boundaries. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by FYBklyn1959 on Tue Feb 20 10:32:03 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Tue Feb 20 07:37:33 2018. PWNED |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Tue Feb 20 10:36:33 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by bingbong on Tue Feb 20 08:04:35 2018. Yep, that agency as well. |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Dave on Tue Feb 20 10:37:10 2018, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Tue Feb 20 07:37:33 2018. And of course, let's not forget the FRA! |
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Re: Democrats struggle with rising popularity of GOP tax law |
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Posted by Olog-hai on Sat Jul 12 12:39:24 2025, in response to Re: Democrats struggle with rising popularity of GOP tax law, posted by Dave on Tue Feb 20 07:37:33 2018. Privatize them all. |
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