Originally posted by Uncle Ted
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Why cut taxes?
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The rich deserve to keep more of their money! The poor things.
From the WSJ:
"There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
"It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
"Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster
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Originally posted by Jeff Lebowski View PostThe rich deserve to keep more of their money! The poor things.
From the WSJ:
I'm just wondering what is causing the difference. Is the Bottom 50% income still going up, just not as fast as the Top 1%?
It is a problem either way. I'm just curious.
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Originally posted by Jeff Lebowski View PostThe rich deserve to keep more of their money! The poor things.
From the WSJ:
Sent from my iPhone using Tapatalk"Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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Originally posted by Clark Addison View PostOur CEO sent out an email today saying that ~145K employees will be getting a $1,000 bonus by the end of the year because of the tax cuts. I don't get one."There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
"It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
"Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster
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Originally posted by Jeff Lebowski View PostThe rich deserve to keep more of their money! The poor things.
From the WSJ:
Sent from my SM-G930V using Tapatalk"I think it was King Benjamin who said 'you sorry ass shitbags who have no skills that the market values also have an obligation to have the attitude that if one day you do in fact win the PowerBall Lottery that you will then impart of your substance to those without.'"
- Goatnapper'96
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President Trump went to the "Winter White House," his Mar-a-Lago resort in Florida, on Friday, where CBS News reports he told friends dining at his club, "You all just got a lot richer" because of the GOP tax overhaul he'd signed several hours earlier. Two sources at a nearby table described the comments to CBS.
In public statements before the bill became law, Trump repeatedly claimed he, as a wealthy person, would take a financial hit so that ordinary Americans could pay lower taxes. In April, Trump said he would "probably pay more" after the reform, and in November he said he'd be a "big loser" and lose "a fortune." Since the legislation was finalized, analysis has shown Trump will save millions annually under the new system. Bonnie Kristian
http://theweek.com/speedreads/745170...hanks-tax-bill
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Originally posted by frank ryan View Post
Love,
BigFatMeanie
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Oh Snap!! If Bernie and the rest of the Dems don't take Ted up on this offer, then I guess they really don't care about the middle class or the poor and downtrodden. Ted is basically telling them he'll make the middle class tax cuts permanent and leave the upper class expiring."Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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Originally posted by Moliere View Post
Oh Snap!! If Bernie and the rest of the Dems don't take Ted up on this offer, then I guess they really don't care about the middle class or the poor and downtrodden. Ted is basically telling them he'll make the middle class tax cuts permanent and leave the upper class expiring.
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https://www.nytimes.com/2018/01/03/o...-tax.html?_r=0
There are three approaches state officials could use to undercut the tax law. First, they could encourage families to donate money to the state government by offering them a credit for those gifts against state income taxes. The idea would be to turn state taxes into charitable donations that are deductible against the federal income tax. This might sound like a gimmick that the Internal Revenue Service could easily shut down. But David Kamin, a law professor at New York University, says there is precedent supporting such a policy. For example, some states offer tax credits to people who donate money to private schools, and these donations also qualify for the federal charity deduction.
Under the second approach, which is advocated by the economist Dean Baker, state governments would replace their income taxes with payroll taxes paid by employers. Those kinds of taxes — like the one for unemployment insurance coverage — are deductible for businesses under the Republican tax law. That switch would mean that employers could pay their workers less, but take-home pay would stay the same because employees wouldn’t be on the hook for paying state income taxes.
The third approach is for states to file a lawsuit challenging the constitutionality of the tax law. Mr. Cuomo said on Wednesday that he would file such a suit, claiming that the provision limiting deductibility of state and local taxes amounts to double taxation. Other officials, including the governor-elect of New Jersey, Phil Murphy, are considering similar legal action."Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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