Author Topic: Taxes (GOP 2017 edition)  (Read 137725 times)

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Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #275 on: November 05, 2017, 06:51:39 PM »
I assume there's a super special reason why TAs should be paid tax free. Can't wait to hear it. When I think about the citizens who do the most for this country, I bet we all automatically think TAs and our military. In that order.
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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Taxes (GOP 2017 edition)
« Reply #276 on: November 05, 2017, 07:10:27 PM »
Out of curiosity are the military currently taxed on their education grants/scholarships/stipends/whatever? Would they be under this plan? I don't know and didn't read up on this part of the bill.

Offline Kat Kid

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Re: Taxes (GOP 2017 edition)
« Reply #277 on: November 05, 2017, 07:11:09 PM »
I assume there's a super special reason why TAs should be paid tax free. Can't wait to hear it. When I think about the citizens who do the most for this country, I bet we all automatically think TAs and our military. In that order.
They are taxed on their income you moron.


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Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #278 on: November 05, 2017, 07:15:09 PM »
I assume there's a super special reason why TAs should be paid tax free. Can't wait to hear it. When I think about the citizens who do the most for this country, I bet we all automatically think TAs and our military. In that order.
They are taxed on their income you moron.


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So if you give somebody a "stipend" or "scholarship" in exhange for working, that's not income?
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 #279 on: November 05, 2017, 07:16:56 PM »
Mrs. Dave gets a massive amount of money in an "administrative stipend" and we are taxed AF on it.

Offline Kat Kid

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Re: Taxes (GOP 2017 edition)
« Reply #280 on: November 05, 2017, 07:24:22 PM »
Out of curiosity are the military currently taxed on their education grants/scholarships/stipends/whatever? Would they be under this plan? I don't know and didn't read up on this part of the bill.

Good question, haven't heard anything. GI Bill is different now I think, you have to withhold some income to qualify I think now. Not sure how it works exactly just have talked to a few guys about it that were enlisted.


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Offline Kat Kid

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Re: Taxes (GOP 2017 edition)
« Reply #281 on: November 05, 2017, 07:25:06 PM »
I assume there's a super special reason why TAs should be paid tax free. Can't wait to hear it. When I think about the citizens who do the most for this country, I bet we all automatically think TAs and our military. In that order.
They are taxed on their income you moron.


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So if you give somebody a "stipend" or "scholarship" in exhange for working, that's not income?

See if you can figure out the difference between a stipend and a scholarship. Because they are different.


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The Big Train

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Taxes (GOP 2017 edition)
« Reply #282 on: November 05, 2017, 07:38:15 PM »
I wouldn’t hold my breath KK

Offline wetwillie

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Re: Taxes (GOP 2017 edition)
« Reply #283 on: November 05, 2017, 07:39:56 PM »
There is an entirely untapped revenue stream that would bring in billions:

The churches
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Offline SdK

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Re: Taxes (GOP 2017 edition)
« Reply #284 on: November 05, 2017, 07:42:58 PM »
There is an entirely untapped revenue stream that would bring in billions:

The churches
I support this 100%.

Offline steve dave

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Taxes (GOP 2017 edition)
« Reply #285 on: November 05, 2017, 07:42:59 PM »
There is an entirely untapped revenue stream that would bring in billions:

The churches

I've said this for years. You want to shave taxes of individuals by $100bn there's your solution.

Offline Dugout DickStone

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Re: Taxes (GOP 2017 edition)
« Reply #286 on: November 05, 2017, 07:56:11 PM »
Do it tomorrow

Offline K-S-U-Wildcats!

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Re: Taxes (GOP 2017 edition)
« Reply #287 on: November 05, 2017, 09:40:02 PM »
Would you receive your scholarship if you weren't working as a TA? If not, it's not a scholarship. It's just a wage by another name. I don't think the law is changing in this regard? What exactly is changing that you are upset about?
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 #288 on: November 05, 2017, 09:49:04 PM »
Ah found it. Did not realize the current tax code allowed certain unis to provide tuition reductions - aka scholarships - to TAs and grad assistants tax free. Glad that'll be ended. Cry all you want, but you're not special. Why the hell should your compensation for working as a TA be tax free? What makes you so special, KK?
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 #289 on: November 05, 2017, 10:04:30 PM »
As more details emerge, sounds like the expanded child tax credit of $1,600 will be available up to $230,000 AGI! The question is whether the 230k threshold is where the credit completely phases out, or starts to phase out. If the latter, this would put me solidly back into the "cut cut cut" category! :woot:
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 IPA4Me

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Re: Taxes (GOP 2017 edition)
« Reply #290 on: November 06, 2017, 07:02:57 AM »
Military members are taxed on "pay" but not "allowances".

Base pay. Sea duty pay. Submarine duty pay. Nuclear assignment pay.

Uniform allowance. Food and housing allowance.

Don't recall being taxed when using GI Bill benefits.

Offline steve dave

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Re: Taxes (GOP 2017 edition)
« Reply #291 on: November 06, 2017, 07:41:30 AM »
Military members are taxed on "pay" but not "allowances".

Base pay. Sea duty pay. Submarine duty pay. Nuclear assignment pay.

Uniform allowance. Food and housing allowance.

Don't recall being taxed when using GI Bill benefits.

yeah, that makes sense. curious if this bill changes that.

Offline Kat Kid

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Re: Taxes (GOP 2017 edition)
« Reply #292 on: November 06, 2017, 08:40:27 AM »
Ah found it. Did not realize the current tax code allowed certain unis to provide tuition reductions - aka scholarships - to TAs and grad assistants tax free. Glad that'll be ended. Cry all you want, but you're not special. Why the hell should your compensation for working as a TA be tax free? What makes you so special, KK?

I guess I just don't think it is very fair and would rather keep it the way it is. Hopefully universities set a special tuition price for grad students under these circumstances and only set the price of the scholarship at like $1 or whatever to prevent this from affecting people.

Online Rage Against the McKee

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Re: Taxes (GOP 2017 edition)
« Reply #293 on: November 06, 2017, 08:46:07 AM »
Ah found it. Did not realize the current tax code allowed certain unis to provide tuition reductions - aka scholarships - to TAs and grad assistants tax free. Glad that'll be ended. Cry all you want, but you're not special. Why the hell should your compensation for working as a TA be tax free? What makes you so special, KK?

It's a benefit, not compensation. Lots of benefits are tax free.

Offline gatoveintisiete

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Re: Taxes (GOP 2017 edition)
« Reply #294 on: November 06, 2017, 08:52:25 AM »
Ya know guys, if nobody wants to pay any taxes because of one reason or another............
it’s not like I’m tired of WINNING, but dude, let me catch my breath.

Offline catastrophe

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Re: Taxes (GOP 2017 edition)
« Reply #295 on: November 06, 2017, 09:24:30 AM »
lol you support cutting the corporate tax rate when they already effectively pay much less than most

Offline gatoveintisiete

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Re: Taxes (GOP 2017 edition)
« Reply #296 on: November 06, 2017, 09:34:50 AM »
Sorry, can’t argue with somebody dumb enough to think that corporations pay taxes.
it’s not like I’m tired of WINNING, but dude, let me catch my breath.

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Re: Taxes (GOP 2017 edition)
« Reply #297 on: November 06, 2017, 12:57:44 PM »
This thread would be a lol riot with 2016 fed taxes paid next to each posters name

Job titles alone would be lol

More Taxes Crew:  TA, Camp Counselor, Social Worker, Obamacare Enrollment Tech
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Offline SdK

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Re: Taxes (GOP 2017 edition)
« Reply #298 on: November 06, 2017, 02:04:38 PM »
I don't want my job title next to my name.

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Re: Taxes (GOP 2017 edition)
« Reply #299 on: November 06, 2017, 02:05:50 PM »
This thread would be a lol riot with 2016 fed taxes paid next to each posters name

Job titles alone would be lol

More Taxes Crew:  TA, Camp Counselor, Social Worker, Obamacare Enrollment Tech

Manager at a pay-day-loan place, used car dealer, etc.
Hyperbolic partisan duplicitous hypocrite