No Excuses Posted August 24, 2018 Share Posted August 24, 2018 2 minutes ago, twa said: how significant a chunk? are they pulling the Beto game of using prior funds from pacs and shareblue ect? 185 Your claim about Beto is also false. Please sit down and go learn about campaign finance rules with your President. Just now, TheGreatBuzz said: I'm gonna need more details on this. How big a chunk? What level of government are they running for? Are they people that are in a solid win or solid lose place so funds don't matter much? Are they accepting money from the DNC that came from the rich? I'm not doing your homework for you. Some of you need to google these things yourself. Link to comment Share on other sites More sharing options...
TheGreatBuzz Posted August 24, 2018 Share Posted August 24, 2018 12 minutes ago, No Excuses said: 'm not doing your homework for you. Some of you need to google these things yourself. I research my counter-points. You made a statement. I feel like it is on you to back it up. Link to comment Share on other sites More sharing options...
twa Posted August 24, 2018 Share Posted August 24, 2018 9 minutes ago, No Excuses said: Your claim about Beto is also false. try open secrets site and don't hide behind bundlers like J street pac or shareblue on technicalities. Link to comment Share on other sites More sharing options...
No Excuses Posted August 24, 2018 Share Posted August 24, 2018 (edited) 12 hours ago, twa said: try open secrets site and don't hide behind bundlers like J street pac or shareblue on technicalities. Bundlers that take small donations and send them to candidates are not even remotely what you are trying to say they are. Campaign finance laws are very clear on this. Facts have never meant a thing when you are practicing mental gymnastics. Edited August 24, 2018 by No Excuses 1 Link to comment Share on other sites More sharing options...
twa Posted August 24, 2018 Share Posted August 24, 2018 What is a pac yet not a pac? hiding behind technicalities....The LA folk sure support him Link to comment Share on other sites More sharing options...
visionary Posted August 24, 2018 Share Posted August 24, 2018 17 hours ago, TheGreatBuzz said: I research my counter-points. You made a statement. I feel like it is on you to back it up. I’ve seen this a lot too from individual candidates for US Senate and House, couldn’t say how many though (I see it a lot cause my brother retweets stuff from/about midterm election candidates frequently), but it is a definite trend. Link to comment Share on other sites More sharing options...
Sacks 'n' Stuff Posted September 7, 2018 Share Posted September 7, 2018 Could somebody with more expertise than I explain this to me... how does the tax rate for the wealthiest .01% go down only 2.7% but their after tax income go up 20% (estimated). I read the TPC report but it was over my head. Link to comment Share on other sites More sharing options...
HOF44 Posted September 7, 2018 Share Posted September 7, 2018 (edited) 53 minutes ago, Sacks 'n' Stuff said: Could somebody with more expertise than I explain this to me... how does the tax rate for the wealthiest .01% go down only 2.7% but their after tax income go up 20% (estimated). I read the TPC report but it was over my head. The super wealthy don’t get paid much “income”. They are paid in stock or gain funds through capital gains or are paid with S Corps. Fed Income tax is for suckers!! Edited September 7, 2018 by HOF44 Link to comment Share on other sites More sharing options...
visionary Posted September 11, 2018 Share Posted September 11, 2018 Link to comment Share on other sites More sharing options...
LadySkinsFan Posted September 11, 2018 Author Share Posted September 11, 2018 Geez, we aren't going to survive all these flippin' tax cuts. Link to comment Share on other sites More sharing options...
PleaseBlitz Posted September 11, 2018 Share Posted September 11, 2018 They really want to lose in November huh? Link to comment Share on other sites More sharing options...
Renegade7 Posted September 12, 2018 Share Posted September 12, 2018 Fiscal Conservatism? WTF is that? Link to comment Share on other sites More sharing options...
Bozo the kKklown Posted September 12, 2018 Share Posted September 12, 2018 I can't wait for that incoming 90% tax on the rich. Link to comment Share on other sites More sharing options...
visionary Posted September 13, 2018 Share Posted September 13, 2018 Link to comment Share on other sites More sharing options...
JK Posted September 13, 2018 Share Posted September 13, 2018 16 minutes ago, visionary said: Why shouldn't it be? it is a business expense. Link to comment Share on other sites More sharing options...
Sacks 'n' Stuff Posted September 13, 2018 Share Posted September 13, 2018 2 hours ago, JK said: Why shouldn't it be? it is a business expense. If it's a legitimate business expense and meets the requirements of "ordinary and necessary", then it should be. If some really rich dude wants it for personal use and is just gaming the system, then it shouldn't be. Link to comment Share on other sites More sharing options...
JK Posted September 13, 2018 Share Posted September 13, 2018 (edited) 12 hours ago, Sacks 'n' Stuff said: If some really rich dude wants it for personal use 2/2) "President Trump signed more than 100 changes to the U.S. tax code into law at the end of last year. Among them: The price of a new or used airplane purchased by a company can be a 100% write-off against its earnings." Edited September 13, 2018 by JK Link to comment Share on other sites More sharing options...
TheGreatBuzz Posted September 13, 2018 Share Posted September 13, 2018 6 minutes ago, JK said: 2/2) "President Trump signed more than 100 changes to the U.S. tax code into law at the end of last year. Among them: The price of a new or used airplane purchased by a company can be a 100% write-off against its earnings." I'm gonna assume the same abuses happen at the "can purchase a plane" level but I have seen more than a few bosses buy a really nice truck with company money, put a small sticker on it to call it advertising, use it for their own use, and use it as a tax write off. Link to comment Share on other sites More sharing options...
Sacks 'n' Stuff Posted September 13, 2018 Share Posted September 13, 2018 19 minutes ago, JK said: 2/2) "President Trump signed more than 100 changes to the U.S. tax code into law at the end of last year. Among them: The price of a new or used airplane purchased by a company can be a 100% write-off against its earnings." Yeah, I agree with you that this is much ado about nothing. My post was more just a broad, general statement. Didn't mean to sound like I was arguing. There's plenty to criticize Trump over but there are examples of people just going "Trump did ______... Bad!!" to get clicks and this would be one of them. No shortage of people looking to cash in on the hate and division within our country right now and no shortage of suckers that let them. Link to comment Share on other sites More sharing options...
JK Posted September 13, 2018 Share Posted September 13, 2018 (edited) 1 hour ago, TheGreatBuzz said: I'm gonna assume the same abuses happen at the "can purchase a plane" level but I have seen more than a few bosses buy a really nice truck with company money, put a small sticker on it to call it advertising, use it for their own use, and use it as a tax write off. Yup, contractors and sales reps do it all the time. 1 hour ago, Sacks 'n' Stuff said: Didn't mean to sound like I was arguing. It's all good. What a lot of people don't understand is that the "write-off" is not dollar for dollar. It simply reduces your taxable income, which if you do the math, it comes out to your tax rate... or the company's rate. Edited September 13, 2018 by JK Link to comment Share on other sites More sharing options...
HOF44 Posted December 2, 2018 Share Posted December 2, 2018 Turbo tax is live online now. If you live in a high cost of living area be prepared. My Fed tax bill went up about 5k. **** Trump! 1 Link to comment Share on other sites More sharing options...
LadySkinsFan Posted December 2, 2018 Author Share Posted December 2, 2018 Did you get any positive difference in your paycheck? Not asking for numbers, just if you benefited in your paycheck as promised. Link to comment Share on other sites More sharing options...
HOF44 Posted December 2, 2018 Share Posted December 2, 2018 No 1 Link to comment Share on other sites More sharing options...
tshile Posted December 2, 2018 Share Posted December 2, 2018 9 hours ago, HOF44 said: Turbo tax is live online now. If you live in a high cost of living area be prepared. My Fed tax bill went up about 5k. **** Trump! Yup. If you’re doing reasonably good in a high cost living area you’re going to get hammered. The tax code doesn’t deal well with different costs of living. The cap on SALT is not made up by the standard deduction or tax rate reduction. I have kids and last time I penciled it out the raises in limits for claiming deductions and credits related to kids might be enough to make it a net wash for me. We’ll see.... Link to comment Share on other sites More sharing options...
tshile Posted December 2, 2018 Share Posted December 2, 2018 Oh and don’t forget, our “cuts” expire in 6 years. Then it goes up I can’t wait for certain family members to do their taxes. I’ve been waiting damn near a year to remind them of that “extra money” in their checks they were bragging about. Link to comment Share on other sites More sharing options...
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