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 Trumps new tax plan. Good or bad for you? 
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Location: Tacoma Wa
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That Barry ballsac kissing freak Matt Laeur was pissed about it this morning on GMA so at first glance its gotta be a step in the right direction.

No offense intended to the LGBTNF folks....

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Thu Apr 27, 2017 8:43 am
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1/3 of our income falls in that damned AMT of 39% :angryfire:
It was written in the 60's by dems with no inflation adjustment!

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Thu Apr 27, 2017 8:59 am
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Location: Ohio
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Anything that lowers the tax burden should be good. The .gov takes too much and spends too much as it is.

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Thu Apr 27, 2017 9:06 am
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Taxation is THEFT


Thu Apr 27, 2017 9:37 am
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WaJim wrote:
That Barry ballsac kissing freak Matt Laeur was pissed about it this morning on GMA so at first glance its gotta be a step in the right direction.

No offense intended to the LGBTNF folks....

what are you doing watching the today show when you should be dry firing? :ROFLMAO: :AR15firing:


Thu Apr 27, 2017 9:40 am
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sportsdad60 wrote:
1/3 of our income falls in that damned AMT of 39% :angryfire:
It was written in the 60's by dems with no inflation adjustment!


It is adjusted for inflation now (since 2013, if I recall correctly).

Also, the 1969 version was almost entirely rewritten by Reagan in 1982 - so any complaints you have, you should bring up with Ronnie and the GOP.


Thu Apr 27, 2017 10:02 am
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Benja455 wrote:
sportsdad60 wrote:
1/3 of our income falls in that damned AMT of 39% :angryfire:
It was written in the 60's by dems with no inflation adjustment!


It is adjusted for inflation now (since 2013, if I recall correctly).

Also, the 1969 version was almost entirely rewritten by Reagan in 1982 - so any complaints you have, you should bring up with Ronnie and the GOP.


Partial history is partial. Reagan cut it back pretty hard, it's been tuned to suck out more resources since then - plus a bunch of tweaks.

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Thu Apr 27, 2017 10:11 am
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O_Kellogg wrote:
Taxation is THEFT

It's part of our social contract as Americans. Do you own a car? Do you drive on roads? It would be THEFT to drive on them without contributing (through taxes). That is part of why the sovereign citizen bullshit doesn't fly with me. I am all for taxes. I am also all for limited government. While I am happy to gain infrastructure like fire departments and roads, I dislike things like the ATF.

Maybe what you meant was "taxation without representation is theft."

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Thu Apr 27, 2017 10:14 am
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Location: Witch Well, AZ
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I would prefer the elimination of withholding tax altogether and let the taxpayer write a check for the amount due bi-annually. Feel the pain twice a year for the full amount you could have kept if it weren't for Uncle Sugar squandering your hard earned income.


Thu Apr 27, 2017 10:23 am
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How many W-2 employees could do that? Have to set up a network of debtors prisons.
Most spend it as fast as it comes in.
I've been a business owner for so long, I always keep a reserve. Have to.
Never know where my next nickel is coming from or how much I'll have to pay.

Motivated wrote:
I would prefer the elimination of withholding tax altogether and let the taxpayer write a check for the amount due bi-annually. Feel the pain twice a year for the full amount you could have kept if it weren't for Uncle Sugar squandering your hard earned income.

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Thu Apr 27, 2017 10:28 am
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http://www.zerohedge.com/news/2017-04-2 ... ins-it-all

I pay OR state income taxes and wouldn't be able to deduct those.

WA state residents can write of sales taxes over a certain amount.

I'd prefer use taxes for many things, e.g. roads. Road taxes for roads and only roads not mass transit.

AMT is bad, good to go.

Home mortgage interest deduction was concocted decades ago, got to go. We had car interest deduction years ago, glad to see that go.

I'd prefer to pay to state and they forward an amount per person to the fedgov as it was before.

Best would be a flat tax with zero exemptions. No sacred cows.


Thu Apr 27, 2017 10:31 am
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http://www.businessinsider.com/trump-ta ... m=referral

http://www.marketwatch.com/story/white- ... 2017-04-27

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Thu Apr 27, 2017 12:34 pm
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beckdw wrote:
O_Kellogg wrote:
Taxation is THEFT

It's part of our social contract as Americans. Do you own a car? Do you drive on roads? It would be THEFT to drive on them without contributing (through taxes). That is part of why the sovereign citizen bullshit doesn't fly with me. I am all for taxes. I am also all for limited government. While I am happy to gain infrastructure like fire departments and roads, I dislike things like the ATF.

Maybe what you meant was "taxation without representation is theft."

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Bicyclists use the roads without contributing tax funds...


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Thu Apr 27, 2017 12:44 pm
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A taxation system that penalizes legitimate success is morally, systemically and inherently wrong.

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Thu Apr 27, 2017 1:09 pm
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O_Kellogg wrote:
Taxation is THEFT

You're right! Let's not have a military, schools, roads, power, police, a court system and so on and so on. Or woukd you just like to do more work and write a bunch of checks to every organization that we need?


I think you meant to say excessive tax is theft.

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Thu Apr 27, 2017 1:27 pm
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