They're singing Hallelujah! in every Board Room & Country Club in America.
Expect the usual trickle down effect. Any day now.
Pretty much, company I work for has record profits this year. It wont go to the employees, that's pretty much guaranteed.
If anyone thought the tax cut was for the average working man, you are a complete idiot.
Yep my companies tax obligation was reduced around 40% or so. Meanwhile our union has been in contract negotiations for almost 7 years.If anyone thought the tax cut was for the average working man, you are a complete idiot.
Started taxes. The GOP sucks at finances. Fiscal conservatives can't continue to vote for these knuckleheads as they have clearly proven they are absolutely terrible at this stuff..
Absolutely no disagreement about that.This.
Republicans promised us tax reform, jnstead we got tax cuts for the rich donors. Hell they even admitted it.
Meanwhile, we still need the reform part, but it's clear that since Reagan Republicans have no idea what their f8scal responsibility slogan actuslly means.
Had a total federal tax liability of $22,920 in 2017
Liability in 2018 was $21,583 on almost $5,000 more in gross income in 2018.
So yeah paid less, but at a cost of what over the next 20 years+ years. I'm just passing that on as inflation and more debt to my kids. Like Chuck Grassley said, most of that went to booze due to everything else we are bombarded with daily from this clowncar administration.
Pretty much the republican mantra..... fuck the little guy! Even thought most are the 'little guy'...Yeh, but the Libruhl tears are so worth it...
Yeh, but the Libruhl tears are so worth it...
Not only so good but so many.
Yes, Glenn, we know you're a sadistic internet troll.
Please tell me your tax bill went up because of SALT so I can laugh at you even harder.
At long last you reveal what your dishonest arguments have been about all along, political revenge.
LOL how do you take “revenge” against someone making well into 6 figures getting mad that their state tax bill is no longer being subsidized? BTW my tax bill is going up quite a bit (probably more than yours) because of the capped SALT deductions but I’m okay with that because I’m not hypocritical like you. Indeed SALT deductions should be done away with outright as they’re morally indefensible.
How do you take revenge? You raise those folks' federal taxes. And if you were a member of the financial elite you idolize you'd be taking in millions more & paying millions less in taxes. That's who this whole tax flimflam benefits & few others to any appreciable degree.
Upper middle class people would be a lot more amenable to paying more if it could be shown that the people at the top pay more than they do. But they don't & they won't as long as the GOP has anything to say about it.
Remember the old line about "be the change you want to see in the world"? You will need to accept that line needs to be adjusted to "you're the rich people you have been demanding to be taxed" and stop with the BS that you're just "upper middle class." You are wrongly thinking "rich" doesn't apply to you; there's not a bunch of plutocrats hiding behind trees in the suburbs of red states lighting Cuban cigars with $100 bills and conspiring ways to keep folks like you down. You my friend are the rich person you've been hating on for years.
You essentially deny that the gulf between even upper middle class incomes & the truly wealthy is enormous & growing by leaps & bounds. That's largely because of the favorable tax treatment the people at the tippy top have enjoyed for nearly 40 years.
For middle class families, taxes are a significant sacrifice for the common good. Paying <18% federal tax rate on $60M+/yr isn't much of a sacrifice at all. They don't even spend most of it. They hoard it. And they love the national debt, because they own it.
The coal miners in KY have never subsidized those people. Haven't you made a fool of yourself enough already?TIL that folks living in cities where parking spaces sell for more than most Americans make in lifetime and where median monthly rents are more than 3 times what the average retired American receives in Social Security (and annually tallies nearly the entire median pretax income of average Americans who still need to buy stuff like food and shelter once they pay taxes), these folks aren't rich and indeed consider themselves part of the beleaguered middle class deserving of having their more than $10k state tax bills subsidized by coal miners in Kentucky.