It’s a done deal: Congress wraps up massive tax package

originally posted by: Plotus
So, can a nonpolitical observer break it down for us mouth breathers and average wage earners...... What did we get, and What did we lose.

Right off the bat you double your standard deduction.

That means you keep more of your cash.

And, for the first time in decades, your company just scored.

Their taxes just dropped which means jobs and raises.

originally posted by: whyamIhere

originally posted by: Plotus
So, can a nonpolitical observer break it down for us mouth breathers and average wage earners...... What did we get, and What did we lose.

Right off the bat you double your standard deduction.

That means you keep more of your cash.

And, for the first time in decades, your company just scored.

Their taxes just dropped which means jobs and raises.

I hope so, but I keep seeing the opposite analysis too.

a reply to: MOMof3

You don't need, but there a number of families that will benefit greatly by this...that really really need more of what they earn, I know a few...how is this bad?

I keep on seeing wage increases all over Twitter. Wells Fargo, Fifth Third Bancorp, and AT&T so far..

originally posted by: avgguy
a reply to: manuelram16

It's the latter, they don't even know what they're "resistance" is anymore.

All things good and helpful to society, because they would rather resist and not admit that Republicans are taking this country back to the REAL hope and change that the core Americans love and have missed so much. Plus it means another loss for them next year and two years after that as long as we keep going at this rate. On top of that, DOW broke its own record for a 70th time this year alone. Damn near 6,000 points higher than it's record under Obama.

It's a nationalized payday loan. Sure...a lot of people are going to get a few thousand in lowered taxes but we're all getting $1.5 trillion in debt. That's great. Really, I hope you're all happy because 'f**k you, I got mine.'

originally posted by: Middleoftheroad

originally posted by: MOMof3
a reply to: nwtrucker

I love spending. Think how much could have been done the last eight years if corker and “deficit hawks” hadn’t care about deficits then.

We're 20 Trillion in debt last I checked and half of that was added in Obama's 8 years, so I'm unsure what your point is.

BINGO... But they complain about 1.5 trillion over 10 years. The resistance is weak to say the least. Not a single leg to stand on.

originally posted by: links234
It's a nationalized payday loan. Sure...a lot of people are going to get a few thousand in lowered taxes but we're all getting $1.5 trillion in debt. That's great. Really, I hope you're all happy because 'f**k you, I got mine.'

It's the "Fabian" way.

No darlin’ you deserve higher wages. That’s why I embrace this debt jubilee. Trump and congress have promised all week that wages will have increase. Good things happen in america when we don’t worry about debt and deficits.

originally posted by: links234
It's a nationalized payday loan. Sure...a lot of people are going to get a few thousand in lowered taxes but we're all getting $1.5 trillion in debt. That's great. Really, I hope you're all happy because 'f**k you, I got mine.'

Now need to pressure the Federal Government to cut spending..

originally posted by: Throes

originally posted by: links234
It's a nationalized payday loan. Sure...a lot of people are going to get a few thousand in lowered taxes but we're all getting $1.5 trillion in debt. That's great. Really, I hope you're all happy because 'f**k you, I got mine.'

Now need to pressure the Federal Government to cut spending..

And that hasn't happened since Reagan and even then it was half hearted, because he kept increasing military spending for the cold war.

a reply to: WeRpeons

If you have a job, you'll benefit. End of story. If you're mad about that then you're obviously about as anti-Trump as it gets and can't handle his success.

originally posted by: amazing

originally posted by: Throes

originally posted by: links234
It's a nationalized payday loan. Sure...a lot of people are going to get a few thousand in lowered taxes but we're all getting $1.5 trillion in debt. That's great. Really, I hope you're all happy because 'f**k you, I got mine.'

Now need to pressure the Federal Government to cut spending..

And that hasn't happened since Reagan and even then it was half hearted, because he kept increasing military spending for the cold war.

Which is why I vote Libertarian, however, I'll take what I can get when it comes to tax reform and keeping my own cash.

a reply to: links234

Malarkey, Obama's team gave us 10 trillion ...if the saved tax money goes back into the system and economy improves theres the balance.

Why do people want to give money away to big government waste?

For crying out loud, our country was founded on fighting taxation

originally posted by: Ceeker63
I just read part of the new tax plan. They took away the deduction for alimony and support for anyone getting a divorce next year. So those of us that have been using alimony and support deduction on our tax return we are safe for now. I think what those wise guys in Congress and the Senate have screwed over both the people in the divorce.

How have you been able to use your child support as a deduction? I've never been able to.

a reply to: Throes

I'm a Libertarian as well, they should refer to us as the "sane" party

originally posted by: Hefficide

As I sit here waiting for Conservatives to realize that this means George Soros just got billions of dollars.

You have to break some eggs to make an ommlette.

a reply to: Throes

NICE!

a reply to: SlapMonkey

As always, brother, you come through with the best advice... Maybe we'll be able to start our live streaming archaeological digs with our savings

originally posted by: amazing

originally posted by: whyamIhere

originally posted by: Plotus
So, can a nonpolitical observer break it down for us mouth breathers and average wage earners...... What did we get, and What did we lose.

Right off the bat you double your standard deduction.

That means you keep more of your cash.

And, for the first time in decades, your company just scored.

Their taxes just dropped which means jobs and raises.

I hope so, but I keep seeing the opposite analysis too.

If you are seeing ACTUAL opposite analysis PLEASE link it here.

Why?

Because they are LYING to you! This is a cut cut almost COMPLETELY across the board! All but like 8 frigging people will see a major boost to their returns.

The democrats are LYING their ASSES off right now because this is one of the BIGGEST WINS in government history.