House passes the biggest tax changes in 30 years

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  • crockett
    in a van by the river
    • May 2003
    • 76818
    #46
    Originally posted by directfiesta
    A postcard to file your taxes ...

    Amazing ...... if true .

    Its not true..
    In November, you can vote for America's next president or its first dictator.

      Comment

      • crockett
        in a van by the river
        • May 2003
        • 76818
        #47
        Originally posted by VRPdommy
        Now prepare yourself for the largest cuts in programs to pay for it.
        No, were are not just talking about welfare, medicare and social security, programs that have been on the chopping block for the republicans since their inception, but where will the money come from to fund the FDA, FAA, FCC, EPA or any agency that protects and manages the money, land, water and air that it is not used in a way that is detrimental to the public. Just remember those cuts when poison food starts coming in from Mexico and China.

        They have used the idea of deficit spending for years to cut programs they did not like and now, adding to the deficit larger than anyone in history with a tax cut so the importance of cutting programs comes front and center to pay for it.

        The tax cuts that actually come my way are not worth what I will loose.
        Perhaps everyone else fairs better.

        But I will be the one asked to pay for the roads, water and other infrastructure required for corporations need to do biz.
        Paying for jobs....
        I owe my sole to the company store...
        Actually, this tax cut is Republicans long term plab to kill social security, Medicare and welfare. This tax cut is going to put us in massive debt and 8 years down the road we wont have the money for ss welfae and medicare..
        In November, you can vote for America's next president or its first dictator.

          Comment

          • Rochard
            Jägermeister Test Pilot
            • Dec 2001
            • 75733
            #48
            Originally posted by Dead
            This bill is loaded with good news for a small SCorp like myself and my employees...%15 corporate tax break means I will be able to keep paying for my employees healthcare, not that obama shit, real healthcare with low deductible.
            No.... Your healthcare will go through the roof now. And you will get less for your money. They will have those "fake packages" like before.
            Herschel Savage
            Brooklyn, NY

              Comment

              • VRPdommy
                Too lazy to set a custom title
                • Oct 2014
                • 13000
                #49
                Originally posted by Rochard
                No.... Your healthcare will go through the roof now. And you will get less for your money. They will have those "fake packages" like before.
                Killing the ACA mandate was the way to repeal the ACA by sinking the costs to explode and everyone will be screaming to get rid of it.

                I wonder if we could or should get rid of the requirement for auto insurance in most all states in the union ?

                I don't see the difference !

                Perhaps those voting on this measure can explain.
                And while they are at it explain what it has to do with lowering my taxes since I will now need to pay higher prices for critical care of those that can not afford it at the hospital.
                Lowering taxes 'maybe', but only raising my cost of living more than I save in taxes.
                Quite a shell game isn't it.

                  Comment

                  • kane
                    Too lazy to set a custom title
                    • Aug 2001
                    • 20684
                    #50
                    Originally posted by crockett
                    Actually, this tax cut is Republicans long term plab to kill social security, Medicare and welfare. This tax cut is going to put us in massive debt and 8 years down the road we wont have the money for ss welfae and medicare..
                    Paul Ryan has already said next year they will focus on entitlement reform which, in Republican speak, means trying to privatize Social Security and cutting Medicare. They may also try to actually reform welfare/food stamps, but likely it means cuts.

                    Ryan, McConnell and rank and file GOP seem to have figured out that Trump will sign anything they put in front of him so long as they convince him it will make him look good. I think they are going to try to force through all the stuff they have wanted for a while before the 2018 midterms so if they lose control they still got what they wanted and if they don't lose control and there is backlash or things go badly, they can just drop it all in Trump's lap.

                      Comment

                      • JFK
                        FUBAR the ORIGINATOR
                        • Jan 2002
                        • 67373
                        #51
                        Fitty Tax Ripoff's

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                        For promo opps contact jfk at fubarwebmasters dot com

                          Comment

                          • MK Ultra
                            Confirmed User
                            • Jun 2007
                            • 879
                            #52
                            Originally posted by Rochard
                            $200 for me for the three of us. I'm guessing that's over.
                            Wow, $200 per month for a family of 3? that's amazing!

                            When I tried to signup on Covered Ca they wanted over $800 just for me, and I don't think we're that far apart age wise.

                            So just between us... how much did you have to fudge your income levels to qualify for a subsidy that big?

                              Comment

                              • BaldBastard
                                Too lazy to set a custom title
                                • Jan 2001
                                • 16805
                                #53
                                GOP tax bill: AT&T, Boeing among corporations rewarding employees | Fox Business

                                I just looked at 1 At&t

                                Annual Turnover 2016 163 Billion

                                - Tax rate dropped from 35% to 21%
                                In theory company will now save!!!

                                Tax on that @ %35 is 57.07 Billion
                                New Tax @ 21% is 22.82 Billion

                                At&T will save 34.23 Billion a year!

                                --

                                And from that they are going to invest an extra.. 1 billion and give employees a $1000 one off Extra Xmas bonus for 200,000 employees... 200 million

                                1 billion extra investment
                                0.2 billion in actual extra money for workers
                                34,000,000,000 for the company directors bonus..

                                So Much WINNING!!!!

                                  Comment

                                  • CoolMikey
                                    Confirmed User
                                    • Jun 2017
                                    • 174
                                    #54
                                    Originally posted by MrBaldBastard
                                    GOP tax bill: AT&T, Boeing among corporations rewarding employees | Fox Business

                                    I just looked at 1 At&t

                                    Annual Turnover 2016 163 Billion

                                    - Tax rate dropped from 35% to 21%
                                    In theory company will now save!!!

                                    Tax on that @ %35 is 57.07 Billion
                                    New Tax @ 21% is 22.82 Billion

                                    At&T will save 34.23 Billion a year!

                                    --

                                    And from that they are going to invest an extra.. 1 billion and give employees a $1000 one off Extra Xmas bonus for 200,000 employees... 200 million

                                    1 billion extra investment
                                    0.2 billion in actual extra money for workers
                                    34,000,000,000 for the company directors bonus..

                                    So Much WINNING!!!!
                                    Taxes are paid on profit, not turnover. ATT has about 8% profit margin, so you need to multiply all your numbers by .08.

                                    If you think that ATT is making out great on this new tax deal, buy their stock and enjoy the easy $$, not sure where the problem is?

                                      Comment

                                      • Dead
                                        They left the door open
                                        • Apr 2003
                                        • 4755
                                        #55
                                        Originally posted by RedFred
                                        S Corps don't pay a corporate tax. Who has an S Corp and doesn't know this??
                                        The Fuk?
                                        Never owned one?

                                          Comment

                                          • Dead
                                            They left the door open
                                            • Apr 2003
                                            • 4755
                                            #56
                                            Originally posted by tony286
                                            Real Heath Care? Obama care actually covered things which is why it wasnt cheap. We used have cheap health care insurance and it covered nothing.
                                            Righttttttttttttt so you have to have a procedure,....you need a stitch in the tip of your finger and I need a stint? Gaurennnnnnnnnnnnnfukinteed I get seen first,. Jus sayin

                                              Comment

                                              • baddog
                                                So Fucking Banned
                                                • Apr 2001
                                                • 107089
                                                #57
                                                Originally posted by Dead
                                                The Fuk?
                                                Never owned one?
                                                I have an S corp; I pay taxes on profits via my personal income tax.

                                                  Comment

                                                  • Dead
                                                    They left the door open
                                                    • Apr 2003
                                                    • 4755
                                                    #58
                                                    Originally posted by baddog
                                                    I have an S corp; I pay taxes on profits via my personal income tax.
                                                    I have never missed a payment....Like clockwork if you keep on the level...

                                                      Comment

                                                      • Dead
                                                        They left the door open
                                                        • Apr 2003
                                                        • 4755
                                                        #59
                                                        And the rest is numbers and said profit. You can not beat the taxman but can live a very good life on corporate draws and a good accountant

                                                          Comment

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