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This chart shows how the bill would affect 220,000 real households. Answer the questions below to find the ones like yours. (The calculator covers only personal taxes. Business owners and investors could also benefit from corporate tax cuts.)
Well, you just can't trust the NY Time to give honest answers. So they produced a simple interactive chart so you can see for yourself how badly you are being screwed by the Republicans! Easy- peasy!
https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html
Supposedly getting a $760 cut, and I don't want it. $760 split over 24 pay periods works out to about $31 dollars every two weeks. That's nothing. I might buy a nicer bottle of bourbon with it, but not more of it. This will result in no meaningful change whatsoever in my quality of life, nor will I create any jobs with it. Meanwhile this will drive massive deficits, and then Republicans will try and use those deficits as an excuse to make cuts to welfare, foodstamps, education, and subsidies for health care and programs like CHIP.
I will happily pay an extra $760 per year to make sure millionaires and billionaires aren't getting more giveaways, and that these programs stay in place. If Republicans wanted to do something that would truly benefit me they'd eliminate student loan debt instead of getting rid of the tax credits I receive for the interest I'm paying on it.
Supposedly getting a $760 cut, and I don't want it. $760 split over 24 pay periods works out to about $31 dollars every two weeks. That's nothing. I might buy a nicer bottle of bourbon with it, but not more of it. This will result in no meaningful change whatsoever in my quality of life, nor will I create any jobs with it. Meanwhile this will drive massive deficits, and then Republicans will try and use those deficits as an excuse to make cuts to welfare, foodstamps, education, and subsidies for health care and programs like CHIP.
I will happily pay an extra $760 per year to make sure millionaires and billionaires aren't getting more giveaways, and that these programs stay in place. If Republicans wanted to do something that would truly benefit me they'd eliminate student loan debt instead of getting rid of the tax credits I receive for the interest I'm paying on it.
Mine will remain zero.
Supposedly getting a $760 cut, and I don't want it. $760 split over 24 pay periods works out to about $31 dollars every two weeks. That's nothing. I might buy a nicer bottle of bourbon with it, but not more of it. This will result in no meaningful change whatsoever in my quality of life, nor will I create any jobs with it. Meanwhile this will drive massive deficits, and then Republicans will try and use those deficits as an excuse to make cuts to welfare, foodstamps, education, and subsidies for health care and programs like CHIP.
I will happily pay an extra $760 per year to make sure millionaires and billionaires aren't getting more giveaways, and that these programs stay in place. If Republicans wanted to do something that would truly benefit me they'd eliminate student loan debt instead of getting rid of the tax credits I receive for the interest I'm paying on it.
Supposedly getting a $760 cut, and I don't want it. $760 split over 24 pay periods works out to about $31 dollars every two weeks. That's nothing. I might buy a nicer bottle of bourbon with it, but not more of it. This will result in no meaningful change whatsoever in my quality of life, nor will I create any jobs with it. Meanwhile this will drive massive deficits, and then Republicans will try and use those deficits as an excuse to make cuts to welfare, foodstamps, education, and subsidies for health care and programs like CHIP.
I will happily pay an extra $760 per year to make sure millionaires and billionaires aren't getting more giveaways, and that these programs stay in place. If Republicans wanted to do something that would truly benefit me they'd eliminate student loan debt instead of getting rid of the tax credits I receive for the interest I'm paying on it.
My wife also gets paid in cash, lol...I'm not so lucky, but I do make WAY more than she does.
You are quite free to write a $760 (or more) check to the US treasury if you feel that the added revenue will prevent cuts in vital federal programs.
If you don't want it, let me have it ... I'll send you my PayPal address ...
Nope, I want to make sure it's re-invested back into our society, and I want to make sure that everyone else who is benefitting from our society and reaping the rewards of that investment is contributing their fair share.
Well, you just can't trust the NY Time to give honest answers. So they produced a simple interactive chart so you can see for yourself how badly you are being screwed by the Republicans! Easy- peasy!
https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html
Very little of my non-social security income is reported on a 1099. Technically, I am semi-retired and self-employed (receive only modest 1099 income), I do not file federal income tax returns but have been "asked" by the IRS to file only once (since I stopped filing in 1998) and then only owed "self-employment" taxes which are the employer/employee "contributions" for FICA compliance. I am willing to bet that the cost of "requesting" and processing that meager FICA "contribution" exceeded its value and I have never heard from the IRS since.
Well, you just can't trust the NY Time to give honest answers. So they produced a simple interactive chart so you can see for yourself how badly you are being screwed by the Republicans! Easy- peasy!
https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html
What jobs were you going to create if you got a larger tax cut?
Well, you just can't trust the NY Time to give honest answers. So they produced a simple interactive chart so you can see for yourself how badly you are being screwed by the Republicans! Easy- peasy!
https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html
Well, you just can't trust the NY Time to give honest answers. So they produced a simple interactive chart so you can see for yourself how badly you are being screwed by the Republicans! Easy- peasy!
https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html
I understand.
I was an independent contractor for about 2 years, and got paid in a mixture of 1099 income and cash/check. It depended on the job. My wife is a yoga instructor, and she gets paid in cash/checks. The reaction of the bank when she first took in her weeks worth of cash was funny. The teller called it, "stripper money". Ones, fives, tens, and the occasional twenty. We still joke about it.
For a middle class person such as I, there isn't much to hate about it.
Yeah except for when they use the resulting deficits as even more of an excuse to slash your future Social Security benefits and exchange your future Medicare for vouchers. des.
Yeah except for when they use the resulting deficits as even more of an excuse to slash your future Social Security benefits and exchange your future Medicare for vouchers. Then when you are trying to pay for private sector insurance in your 70s out of pocket you will have plenty to complain about.
We cannot afford any new big programs in this country and we cannot afford any tax cuts either. The fiscal strain with all the retiring baby boomers is immense. Moreover, we need to be investing in our infrastructure which requires tax revenues. I just got back from spending some time in China. My third trip there over the last decade. Spend some time in our economic rival China, and you will see that we had better get our **** together in this country and make the kind of infrastructure investments here that they are making there. Otherwise we are going to have our asses handed to us economically over the next couple of decades.
You are quite free to write a $760 (or more) check to the US treasury if you feel that the added revenue will prevent cuts in vital federal programs.
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