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-   -   Where is my REFUND ? Where is that tax break ? (https://gfy.com/showthread.php?t=1309060)

AmeliaG 02-25-2019 12:26 AM

Quote:

Originally Posted by Bladewire (Post 22421948)
Please show me where I said people were paying more in taxes.

You, and I, both know that I said nothing about people paying more tax.

I'm not sure why you're playing that shell game with me.

My post clearly outlined people's expectations vs results.

I've also posted here several times the list of deductions people are no longer able to make due to Trump's scam "tax cut".

People like us have accountants we don't have to worry about this. Trump's constituents are not like us and they don't have accountants and they do worry about this and they are paying more and they expected to pay and that's your parties problem do to your parties failure.

Trump supporters were expecting a tax break, in their mind that means more money at the end of the year.

Instead Trump supporters are getting a tax penalty, in their minds, by paying more at the end of the year.

Now your party is fucked due to poor messaging to it's core constituents. Oh well, not so superior after all :winkwink:


Dude, you know I'm not a Republican.

I do, however, believe math questions should be answered with numbers.

None of the tax changes you mentioned are bad for poor and middle income people.

That means that the Trump administration did give tax breaks.

So, is your point that Trump did give tax breaks, but it is your opinion that the only people capable of understanding this correctly are dying to vote against their own interests?

AmeliaG 02-25-2019 12:41 AM

Quote:

Originally Posted by Bladewire (Post 22421943)
In all honesty Trump supporters were expecting a larger than usual refund, as promised by Trump and his "booming economy" and well publicized "Tax Cuts and Jobs Act of 2017"

Now they're being told by the GOP that they were stupid for not doing something they were never told to do, increasing their withholdings. There's nothing worse than telling your constituents that they were too stupid & poor to take advantage of tax cuts for the extremely wealthy.


Also, FFS, here is where you said regular Americans weren't getting the tax breaks they are getting. This is why I asked you to come up with ANY likely scenario where people earning less than six figures are not getting a cut.

Apparently you are unable to come up with the math for any poor or middle income earners not getting a tax break.

Can you come up with examples of new tax breaks only applicable to the wealthy?

Did you earn more this year or in 2014?

VRPdommy 02-25-2019 09:01 AM

Quote:

Originally Posted by AmeliaG (Post 22421947)
Why should poor and middle class people be handing out year long loans to strangers?

PS the way stock compensation for employees is handled is one of the main ways Amazon avoided certain taxes and that was Bill Clinton legislation. The other biggie was by investing in R&D, which both D and R administrations have supported.

I didn't say they should.
I also do not care who's fault down the line it is.
I am saying it all is not right and should be drastically changed to one rate for all on personal income tax.

Whatever point you are trying to make, you need to better explain it outside of quoting me for reasons you are not showing.

VRPdommy 02-25-2019 09:41 AM

Quote:

Originally Posted by AmeliaG (Post 22421958)
Also, FFS, here is where you said regular Americans weren't getting the tax breaks they are getting. This is why I asked you to come up with ANY likely scenario where people earning less than six figures are not getting a cut.

Apparently you are unable to come up with the math for any poor or middle income earners not getting a tax break.

Can you come up with examples of new tax breaks only applicable to the wealthy?

Did you earn more this year or in 2014?

I have yet to see anyone say the poor are paying more...
You are making things up to argue against.
I stated the case of 'PERCEPTIONS' on the issue and you apparently are mixing stuff up in your head.

There is very little change in personal rates and effective rates for Americans. Some deductions

Corporations got a reduction of top rates from 35% to 21%
A repatriation foreign earnings that they have been amassing at a rate of 15.5 percent for cash and 8 percent for other assets.

The growth that was suppose to happen from these tax breaks (job creation) end up being stock buy backs helping the CEO's that have a incentive to do so. So I would say they are making out pretty good for no extra effort... except perhaps a little lobbying.

Jobs are contrary to profits. Why would they want to do that. No bonus in it for them.

After the dust has settled and the stock market expects these new levels, what then when they can not continue to produce them ? Because that is how the street works.
They will be crying the blues and finding someone or something else to blame it on.

The truth is they have made the whole process much more complex than it needs to be and inside that complexity are the methods to avoid taxes.
I use plenty of them. I like them when they help me, but that does not make them right.

AmeliaG 02-25-2019 06:57 PM

Quote:

Originally Posted by VRPdommy (Post 22422162)
I have yet to see anyone say the poor are paying more...
You are making things up to argue against.
I stated the case of 'PERCEPTIONS' on the issue and you apparently are mixing stuff up in your head.

There is very little change in personal rates and effective rates for Americans. Some deductions

Corporations got a reduction of top rates from 35% to 21%
A repatriation foreign earnings that they have been amassing at a rate of 15.5 percent for cash and 8 percent for other assets.

The growth that was suppose to happen from these tax breaks (job creation) end up being stock buy backs helping the CEO's that have a incentive to do so. So I would say they are making out pretty good for no extra effort... except perhaps a little lobbying.

Jobs are contrary to profits. Why would they want to do that. No bonus in it for them.

After the dust has settled and the stock market expects these new levels, what then when they can not continue to produce them ? Because that is how the street works.
They will be crying the blues and finding someone or something else to blame it on.

The truth is they have made the whole process much more complex than it needs to be and inside that complexity are the methods to avoid taxes.
I use plenty of them. I like them when they help me, but that does not make them right.


If perception is what matters, why did you make a thread and thread title likely to give people the inaccurate idea that working poor and middle class Americans did not get a tax break?

You agree they did get a tax break.

You state that perception is important.

So why are you trying to promote inaccurate perceptions?

Also, what do you do in this industry?

VRPdommy 02-25-2019 08:02 PM

Quote:

Originally Posted by AmeliaG (Post 22422521)
If perception is what matters, why did you make a thread and thread title likely to give people the inaccurate idea that working poor and middle class Americans did not get a tax break?

You agree they did get a tax break.

You state that perception is important.

So why are you trying to promote inaccurate perceptions?

Also, what do you do in this industry?

Are you just stroking for a issue you feel you can win ?
If you wish to poke a individual statement I made, do it. "But make it coherent and truthful".


>You agree they did get a tax break.
-WHERE DID I SAY THAT and WHO IS 'THEY'?
>You state that perception is important
- No I stated what I think the perception is likely to be for voters next election.

Perhaps you just fail understanding of what you read.
You make what you read something other than what was intended just to make a argument.
Find someone else to argue with. Got something good to say, I'd like to hear that.

AmeliaG 02-25-2019 08:30 PM

Quote:

Originally Posted by VRPdommy (Post 22422574)
Are you just stroking for a issue you feel you can win ?
If you wish to poke a individual statement I made, do it. "But make it coherent and truthful".


>You agree they did get a tax break.
-WHERE DID I SAY THAT and WHO IS 'THEY'?
>You state that perception is important
- No I stated what I think the perception is likely to be for voters next election.

Perhaps you just fail understanding of what you read.
You make what you read something other than what was intended just to make a argument.
Find someone else to argue with. Got something good to say, I'd like to hear that.

You stated you had zero examples of how anyone earning less than six figures was not given a tax break.

You stated your point was just about perception, yet you are the one making misleading thread titles etc.

Did you have a point you just haven't mentioned yet?

In the English language, a pronoun generally refers back to the most recently mentioned matching subject e.g. in this instance, the working poor and middle class got a tax break = they got a tax break. Did this grammar lesson help?

I'll demonstrate with an example:
"If perception is what matters, why did you make a thread and thread title likely to give people the inaccurate idea that working poor and middle class Americans did not get a tax break?

You agree they did get a tax break."

What do you do in this industry or are you just a fake nick troll to be ignored?

VRPdommy 02-25-2019 09:47 PM

Quote:

Originally Posted by AmeliaG (Post 22422586)
You stated you had zero examples of how anyone earning less than six figures was not given a tax break.

You stated your point was just about perception, yet you are the one making misleading thread titles etc.

Did you have a point you just haven't mentioned yet?

In the English language, a pronoun generally refers back to the most recently mentioned matching subject e.g. in this instance, the working poor and middle class got a tax break = they got a tax break. Did this grammar lesson help?

I'll demonstrate with an example:
"If perception is what matters, why did you make a thread and thread title likely to give people the inaccurate idea that working poor and middle class Americans did not get a tax break?

You agree they did get a tax break."

What do you do in this industry or are you just a fake nick troll to be ignored?

You are a flake ! And should ignore me. Start your own on English lessons.

VRPdommy 02-25-2019 09:47 PM

If I give $1,000 to charity and I’m in a 10 percent tax bracket, I get $100 back on my taxes
But if I’m in a 35 percent tax bracket, I get $350 back from the federal government from the same 1k donation.

Top personal tax rate, "37 percent" from 39.6 percent
The group getting the largest cut is Families earning from $200,000 to $1 million and will see their tax bills drop about 9 percent.

The corporate top rate moved to "21%" percent from 35% and could be 20% if they are a pass-through like real estate.

Federal Estate and 'Gift Tax' Limit from $5.49B to $11.18B (basically double the limit)

'Average' personal rates dropped in 2018, but they'll return to 2017 levels by 2026 unless further acted upon.

That data is from Congress...
Congress’s official scorekeeper, the nonpartisan Joint Committee on Taxation

But numbers are numbers. But the ones we really need to see is the 'effective tax rate' after all deduction were used.
Were not going to know that and there is nobody wanting to put that info forward.

Some, like Warren buffet have showed us their effective tax rate.
His 2010 “federal tax rate” of 17.4 percent was 18.6 percentage points 'less' than the 36.0 percent average rate paid by the 20 other workers in his office
I do not think the new tax policy has made this any better. Only worse.

Robbie 02-25-2019 10:24 PM

Quote:

Originally Posted by VRPdommy (Post 22422624)
If I give $1,000 to charity and I’m in a 10 percent tax bracket, I get $100 back on my taxes
But if I’m in a 35 percent tax bracket, I get $350 back from the federal government from the same 1k donation.

What do you mean "get it back"??? It's YOUR money. :)

Robbie 02-25-2019 10:26 PM

Quote:

Originally Posted by VRPdommy (Post 22422624)
'Average' personal rates dropped in 2018, but they'll return to 2017 levels by 2026 unless further acted upon.

That's right. Personal income taxes are dropped down for ten years. Trump wants to make it permanent. Congress...well, let's just say Pelosi doesn't want to give us anymore "crumbs" (as she called the tax break).

Also if the Republicans lose the Senate...it's all moot anyway. The Democrats will raise all taxes...they already promised to.

King Mark 02-25-2019 10:57 PM

Bruh... Lmao

VRPdommy 02-25-2019 11:02 PM

Quote:

Originally Posted by Robbie (Post 22422640)
What do you mean "get it back"??? It's YOUR money. :)

Robbie, I guess you missed the point that it is not treated the same for everyone.
Most of the complexity of returns hides the fact that discrimination is much deeper than the tax rates themselves.

As I say, one rate for all and let's get rid of most of these deductions and lower that one rate for all.

I am a bit weary of the class warfare going on when it come to taxes.

As GW Bush described Regan's tax plan.... smoke and mirrors...
That is what this complexity creates. The average tax payer is to passive about this.
But they will complain when it hits their wallet. And do nothing.


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