Arizona decisions....

Hans61

Saw some news about a wedding cake in Colorado 

JohnInCarolina

kl8ton

Let's keep this off topic thread on topic.  Nola was looking for advice/opinions on a fictitious move. 

DMW

kl8ton said:

Let's keep this off topic thread on topic.  Nola was looking for advice/opinions on a fictitious move. 

No, he wasn't.

Eoin

Hans61 said:

Saw some news about a wedding cake in Colorado 

Been through that already here. http://www.bbc.co.uk/news/uk-northern-ireland-32065233

pgprescott

Huh?

https://www.msn.com/en-us/money/personalfinance/heres-what-trumps-tax-plan-means-for-people-at-every-income-level-from-dollar20000-to-dollar269000-a-year/ss-BBGhnEj?li=BBnb7Kz

The horror!

note the percentages go down as the income rises. This is what they call “fairness”

fishlessman

pgprescott said:

Huh?

https://www.msn.com/en-us/money/personalfinance/heres-what-trumps-tax-plan-means-for-people-at-every-income-level-from-dollar20000-to-dollar269000-a-year/ss-BBGhnEj?li=BBnb7Kz

The horror!

note the percentages go down as the income rises. This is what they call “fairness”

an ironically on my lowly firefighters pay i will be paying higher taxes, i need all my itemized deductions

lousubcap

Before we too wound about this, let's see what comes out of the conference between the House and Senate.  There are some significant differences going in.  FWIW-

pgprescott

fishlessman said:

pgprescott said:

Huh?

https://www.msn.com/en-us/money/personalfinance/heres-what-trumps-tax-plan-means-for-people-at-every-income-level-from-dollar20000-to-dollar269000-a-year/ss-BBGhnEj?li=BBnb7Kz

The horror!

note the percentages go down as the income rises. This is what they call “fairness”

an ironically on my lowly firefighters pay i will be paying higher taxes, i need all my itemized deductions

Huh? You must have a lot of deductions. Hope you don’t get audited. LOL. 

fishlessman

my deductions add up to claiming 5 and getting a refund while being single with no kids. the local income tax deduction going away and the property tax being limited to 10k hurts, living close to boston is a bad idea, friggin blue state

Eoin

pgprescott said:

Huh?

https://www.msn.com/en-us/money/personalfinance/heres-what-trumps-tax-plan-means-for-people-at-every-income-level-from-dollar20000-to-dollar269000-a-year/ss-BBGhnEj?li=BBnb7Kz

The horror!

note the percentages go down as the income rises. This is what they call “fairness”

Is this just a pure tax cut, no offset cuts in expenditure?

StillH2OEgger

pgprescott said:

Huh?

https://www.msn.com/en-us/money/personalfinance/heres-what-trumps-tax-plan-means-for-people-at-every-income-level-from-dollar20000-to-dollar269000-a-year/ss-BBGhnEj?li=BBnb7Kz

The horror!

note the percentages go down as the income rises. This is what they call “fairness”

I shudder to think how much more Trump and his family will be paying under this plan, but what's good for America is good for America. That he selflessly pushed it through with no regard for his own financial situation restores my faith in the human spirit.

pgprescott

fishlessman said:

my deductions add up to claiming 5 and getting a refund while being single with no kids. the local income tax deduction going away and the property tax being limited to 10k hurts, living close to boston is a bad idea, friggin blue state

The local income tax deduction will hurt me too, but it’s a sham way for these places to over tax on goodies and pass a percentage on to federal tax payers who don’t deserve any of it. 

pgprescott

StillH2OEgger said:

pgprescott said:

Huh?

https://www.msn.com/en-us/money/personalfinance/heres-what-trumps-tax-plan-means-for-people-at-every-income-level-from-dollar20000-to-dollar269000-a-year/ss-BBGhnEj?li=BBnb7Kz

The horror!

note the percentages go down as the income rises. This is what they call “fairness”

I shudder to think how much more Trump and his family will be paying under this plan, but what's good for America is good for America. That he selflessly pushed it through with no regard for his own financial situation restores my faith in the human spirit.

How many do you employ Capt.

StillH2OEgger

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

pgprescott

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

StillH2OEgger

pgprescott said:

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

I know you're a lot smarter than me about this stuff, but how many of the people in those slides who are getting 20 percent tax cuts will lose their health insurance (or their kids) with the new plan? I tend to budget conservatively, so I'm more than a little uncomfortable with banking on trickle down economics, growth and the willingness of corporations to reinvest in anything more than a third vacation home to offset the increases in our national debt. Everybody's situation is different, but I think history suggests tax cuts for the wealthy rarely benefit the minions.

nolaegghead

pgprescott said:

Huh?

https://www.msn.com/en-us/money/personalfinance/heres-what-trumps-tax-plan-means-for-people-at-every-income-level-from-dollar20000-to-dollar269000-a-year/ss-BBGhnEj?li=BBnb7Kz

The horror!

note the percentages go down as the income rises. This is what they call “fairness”

Please don't propagate "click-bait".  

If a web page makes you click "next" and loads a bunch of pages, it's a revenue generator for advertising.  Also, those ads are notorious for viruses, scams, fishing, etc.

StillH2OEgger

pgprescott said:

Everyone wants someone else to pay the high taxes, just not them.... Now. Unless you make a butt load of money, people don’t pay all that much really. 

I don't want someone else to pay the high taxes, I just want everyone to pay more similar rates....
It's not the amount that concerns me, but the percentages. I'd align more with your side on this if I actually thought all these breaks and a 15 percent decrease in the corporate rate will actually create jobs and grow the economy.

HeavyG

pgprescott said:

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

You're absolutely right (as always) the economy was just so strangled during the previous decade.



I'm old enough to remember when in 2001 "really smart people" were predicting that Dubyas tax cuts would essentially eliminate the federal debt by the year 2010.

I'm sure this time will be different.

pgprescott

StillH2OEgger said:

pgprescott said:

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

I know you're a lot smarter than me about this stuff, but how many of the people in those slides who are getting 20 percent tax cuts will lose their health insurance (or their kids) with the new plan? I tend to budget conservatively, so I'm more than a little uncomfortable with banking on trickle down economics, growth and the willingness of corporations to reinvest in anything more than a third vacation home to offset the increases in our national debt. Everybody's situation is different, but I think history suggests tax cuts for the wealthy rarely benefit the minions.

I don’t know. They might not be taxed into having to buy it if they don’t want too. Another tax cut which disproportionately benefits the low income!!!! Wow!!! 

I suggest you you start your own company. Go to the bank and see how easy it has become to get capital. Man , that will be an eye opener. Or maybe not. 

Me thinks the more some some folks complain, the happier I should be. Something about protesting too much, I can’t remember the exact saying. The economy is already growing at a rate we haven’t seen in a decade. One we were told we could never expect to see again. Remember the smart guys saying that? That is just a few regulation peel backs and the anticipation of a friendly business environment. 

Eoin

HeavyG said:

pgprescott said:

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

You're absolutely right (as always) the economy was just so strangled during the previous decade.



I'm old enough to remember when in 2001 "really smart people" were predicting that Dubyas tax cuts would essentially eliminate the federal debt by the year 2010.

I'm sure this time will be different.

As the tax rolled in with the debt fuelled growth of the 2000s, our Government simply spent more. Eliminating debt never happens, there's always an election coming up that needs to be won and we're suckers for Government 'giving' us stuff.

StillH2OEgger

Eoin said:

As the tax rolled in with the debt fuelled growth of the 2000s, our Government simply spent more. Eliminating debt never happens, there's always an election coming up that needs to be won and we're suckers for Government 'giving' us stuff.

Just grow the economy then. From what I understand, that should eliminate debt.

pgprescott

HeavyG said:

pgprescott said:

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

You're absolutely right (as always) the economy was just so strangled during the previous decade.



I'm old enough to remember when in 2001 "really smart people" were predicting that Dubyas tax cuts would essentially eliminate the federal debt by the year 2010.

I'm sure this time will be different.

A little intellectual integrity and honesty would be nice. Too much to ask. Our issues had everything to do with lending practices that while demonized by many in Congress were often mandated and heavily encouraged through misguided touchy feely policies. Policies enacted by the very demonizers. Ironic. 

I would guess that that if we had done nothing in the way of give policy, the economy wouldn’t have been twice as robust, or more. Real impressive LOL. 

Eoin

pgprescott said:

HeavyG said:

pgprescott said:

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

You're absolutely right (as always) the economy was just so strangled during the previous decade.



I'm old enough to remember when in 2001 "really smart people" were predicting that Dubyas tax cuts would essentially eliminate the federal debt by the year 2010.

I'm sure this time will be different.

A little intellectual integrity and honesty would be nice. Too much to ask. Our issues had everything to do with lending practices that while demonized by many in Congress were often mandated and heavily encouraged through misguided touchy feely policies. Policies enacted by the very demonizers. Ironic. 

The politicians were happy to try and blame the banks here too, but it was the politicians who were in charge.

pgprescott

Eoin said:

pgprescott said:

HeavyG said:

pgprescott said:

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

You're absolutely right (as always) the economy was just so strangled during the previous decade.



I'm old enough to remember when in 2001 "really smart people" were predicting that Dubyas tax cuts would essentially eliminate the federal debt by the year 2010.

I'm sure this time will be different.

A little intellectual integrity and honesty would be nice. Too much to ask. Our issues had everything to do with lending practices that while demonized by many in Congress were often mandated and heavily encouraged through misguided touchy feely policies. Policies enacted by the very demonizers. Ironic. 

The politicians were happy to try and blame the banks here too, but it was the politicians who were in charge.

The real injustice over here was the lack of honest analysis and reporting of the truth. The media doesn’t like to admit it when the good intentioned policies turn out to be misguided and harmful. This is because the sympathize and agree with most of those policies. 

Legume

I read yesterday that LaVar Ball was trying to push some accountability on the UCLA coaches for the three basketball players stealing shjt in China, because "they make enough money"

JohnInCarolina

fishlessman said:

my deductions add up to claiming 5 and getting a refund while being single with no kids. the local income tax deduction going away and the property tax being limited to 10k hurts, living close to boston is a bad idea, friggin blue state

Well this bill in no small part hits blue states harder.  That is part of the intent, to screw all of those "libtards".

The members of the congressional GOP from California just figured that out this morning, and man are they pissed.  

pgprescott

Legume said:

I read yesterday that LaVar Ball was trying to push some accountability on the UCLA coaches for the three basketball players stealing shjt in China, because "they make enough money"

Yeah, I heard that one too. He’s big on personal accountability. Just not for him or his kid. 

Kids lucky! Real lucky. 

fishlessman

HeavyG said:

pgprescott said:

StillH2OEgger said:

pgprescott said:

How many do you employ Capt.

Well, I've never shafted contractors or ripped people off through a real estate college scam, so I've got that going for me. How about we just tax everybody regardless of bracket, but close gaps on rates to create more fairness across the board?

I guess I could ask how many more people you will be hiring and reinvesting into your business as a result of all the tax breaks? Probably the same amount as everyone who will be paying at lesser rates under this plan, which is little to nothing.

This plan lowers the rates and closes the loopholes. Apparently what people really want is the lower rates and KEEP the loopholes (deductions). See, deductions ARE loopholes. Everyone wants someone else to pay the high taxes, just not them. The rates are lower across the board, except for the highest earners (no change) I believe. The reduced Corp rates will further spur the economy which has been strangled by reallysmart guys for 8-10 years Now. Unless you make a butt load of money, people don’t pay all that much really. 

You're absolutely right (as always) the economy was just so strangled during the previous decade.



I'm old enough to remember when in 2001 "really smart people" were predicting that Dubyas tax cuts would essentially eliminate the federal debt by the year 2010.

I'm sure this time will be different.

its amazing how the stock market grew while wages flatlined during the previous decade