Author Topic: Taxes (GOP 2017 edition)  (Read 7764 times)

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Offline Phil Titola

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Re: Taxes (GOP 2017 edition)
« Reply #375 on: November 11, 2017, 04:17:37 PM »
is anybody here opposed to paying a flat 20% of their income to the feds? (no deductions)  I don't think that's too much to ask to live in this now great again country.
Can I file my taxes on a postcard? All I really care about is the format of the thing I'm mailing in.

Offline chum1

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Re: Taxes (GOP 2017 edition)
« Reply #376 on: November 14, 2017, 09:21:05 AM »

Offline chum1

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Re: Taxes (GOP 2017 edition)
« Reply #377 on: November 14, 2017, 02:04:23 PM »
YES, DO IT!


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Re: Taxes (GOP 2017 edition)
« Reply #378 on: November 14, 2017, 02:14:54 PM »
WTF is wrong with these people?

Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #379 on: November 14, 2017, 03:41:52 PM »
It appears that the mandate tax being stripped away actually makes the tax bill cheaper. Not really sure how, but the Senate is evidently just playing along with the CBO's screwy math. According to the CBO, killing the "individual mandate" tax will save money that the Senate can then use to pay for other tax cuts.

To me, killing one tax to help pay for other tax cuts sounds like a win-win. To liberals it's Armageddon.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #380 on: November 14, 2017, 03:59:08 PM »
Also gotta say it amused by the liberal talking points that "repealing the individual mandate will cause millions to lose their healthcare." To a liberal, if people decide they don't want to buy insurance because a tax penalty is killed, then killing the tax penalty causes those people to "lose their healthcare." :lol:
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

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Re: Taxes (GOP 2017 edition)
« Reply #381 on: November 14, 2017, 04:00:00 PM »
Real fiscal conservatives like myself would just say, how about we make the goal adding 0 to the deficit instead of trying to barely squeak under $1.5 trillion?

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Re: Taxes (GOP 2017 edition)
« Reply #382 on: November 14, 2017, 04:03:46 PM »
I get removing the individual mandate politically though. It will cause many healthy people to not buy insurance, which means the next time Republicans roll out stupid healthcare plan 4.0, the CBO analysis will look much more favorable because fewer insured means fewer losing insurance.

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Re: Taxes (GOP 2017 edition)
« Reply #383 on: November 14, 2017, 04:07:53 PM »
Unlikely to pass already, cutting the individual mandate will officially kill this turd
Hyperbolic partisan duplicitous hypocrite

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Offline libliblibliblibliblib

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Re: Taxes (GOP 2017 edition)
« Reply #384 on: November 14, 2017, 04:11:11 PM »
Hyperbolic partisan duplicitous hypocrite

I think.you.are deep down.a.trans cowboy gravy eater.

Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #385 on: November 14, 2017, 04:33:02 PM »
Real fiscal conservatives like myself would just say, how about we make the goal adding 0 to the deficit instead of trying to barely squeak under $1.5 trillion?

A real fiscal conservative such as yourself should realize that all this math is totally bogus. Nobody knows the real "cost" of this tax reform because nobody knows how much the economy will be boosted as a result. You should also realize that tax revenue as a percent of GDP may fluctuate but has remained remarkably steady the last several decades regardless of tax rates - the real culprit of our deficits is that we're spending way too much money. So a real fiscal conservative would focus on the spending and be fine with allowing nearly everyone to keep a little more of their own money.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

Offline Phil Titola

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Re: Taxes (GOP 2017 edition)
« Reply #386 on: November 14, 2017, 04:46:34 PM »
Real fiscal conservatives like myself would just say, how about we make the goal adding 0 to the deficit instead of trying to barely squeak under $1.5 trillion?

A real fiscal conservative such as yourself should realize that all this math is totally bogus. Nobody knows the real "cost" of this tax reform because nobody knows how much the economy will be boosted as a result. You should also realize that tax revenue as a percent of GDP may fluctuate but has remained remarkably steady the last several decades regardless of tax rates - the real culprit of our deficits is that we're spending way too much money. So a real fiscal conservative would focus on the spending and be fine with allowing nearly everyone to keep a little more of their own money.
CBO is off by $1.5 trillion is your take?

Offline Rage Against the McKee

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Re: Taxes (GOP 2017 edition)
« Reply #387 on: November 14, 2017, 04:56:13 PM »
It appears that the mandate tax being stripped away actually makes the tax bill cheaper. Not really sure how, but the Senate is evidently just playing along with the CBO's screwy math. According to the CBO, killing the "individual mandate" tax will save money that the Senate can then use to pay for other tax cuts.

To me, killing one tax to help pay for other tax cuts sounds like a win-win. To liberals it's Armageddon.

I just don't see how insurance rates don't go up without the individual mandate. I really don't believe it produces much tax revenue, and it never really was meant to.

Offline Matt Mckee

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Re: Taxes (GOP 2017 edition)
« Reply #388 on: November 14, 2017, 05:14:26 PM »
Rates will absolutely go up.


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Offline Cire

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Re: Taxes (GOP 2017 edition)
« Reply #389 on: November 14, 2017, 05:31:20 PM »
Trying to repeal aca with this is unbelievably stupid


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Re: Taxes (GOP 2017 edition)
« Reply #390 on: November 14, 2017, 05:36:48 PM »
Real fiscal conservatives like myself would just say, how about we make the goal adding 0 to the deficit instead of trying to barely squeak under $1.5 trillion?

A real fiscal conservative such as yourself should realize that all this math is totally bogus. Nobody knows the real "cost" of this tax reform because nobody knows how much the economy will be boosted as a result. You should also realize that tax revenue as a percent of GDP may fluctuate but has remained remarkably steady the last several decades regardless of tax rates - the real culprit of our deficits is that we're spending way too much money. So a real fiscal conservative would focus on the spending and be fine with allowing nearly everyone to keep a little more of their own money.

1. Real fiscal conservatives like myself are NOT ok with passing measures that “welp, nobody knows what will happen to spending or the economy if we do this.”

2. If you are cutting taxes on those bringing in the most cash, even IF the economy improves (which is practically guaranteed not to happen in the next year), it has to improve by that much more just to cover the difference.

3. I would LOVE to talk about spending. What we really should be talking about is how to cut cut cut the ridiculous military budget.

Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #391 on: November 14, 2017, 06:10:41 PM »
Rates will absolutely go up.


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They already were.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

Offline Kat Kid

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Re: Taxes (GOP 2017 edition)
« Reply #392 on: November 14, 2017, 08:40:14 PM »
Rates will absolutely go up.


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They already were.

they will go up by more.
@bentren

Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #393 on: November 14, 2017, 09:11:15 PM »
Rates will absolutely go up.


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They already were.

they will go up by more.

Gosh, maybe the people who shoved this crap law down our throats should held the pubs repeal and replace it with actual free market reform. Oh wait... that's never gonna happen because said socialists want to go in the opposite direction. Save your crocodile tears.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

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Re: Taxes (GOP 2017 edition)
« Reply #394 on: November 14, 2017, 09:49:29 PM »
Also gotta say it amused by the liberal talking points that "repealing the individual mandate will cause millions to lose their healthcare." To a liberal, if people decide they don't want to buy insurance because a tax penalty is killed, then killing the tax penalty causes those people to "lose their healthcare." :lol:

The mental gymnastics they're engaging in to claim this is a middle class tax cut is particularly lol after spending 8 years raising taxes on and generally rough ridin' over the middle class.
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Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #395 on: November 15, 2017, 09:50:56 AM »
Good take.

https://www.realclearpolitics.com/articles/2017/11/15/one_simple_way_to_improve_gops_tax_reform_proposal_135542.html

It's sounding like this thing now has a real chance of passage. Nervously optimistic. For me, whether the increase of the child tax credit phaseout threshold survives will be the difference between a slight tax increase and significant tax decrease.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

Offline steve dave

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Re: Taxes (GOP 2017 edition)
« Reply #396 on: November 15, 2017, 09:53:10 AM »
I'm going to pay more either way

Offline Dugout DickStone

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Re: Taxes (GOP 2017 edition)
« Reply #397 on: November 15, 2017, 10:05:47 AM »

Offline chum1

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Re: Taxes (GOP 2017 edition)
« Reply #398 on: November 15, 2017, 10:18:18 AM »
I don't know about my personal tax situation and I don't care. I'd just rather see the government do things other than work to make rich people richer.

Offline chum1

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Re: Taxes (GOP 2017 edition)
« Reply #399 on: November 15, 2017, 02:00:40 PM »
This chart!  :love: