Taxes (GOP 2017 edition)

[hjfklmor]

It's pretty hard to qualify for, so from a certain perspective you're both right! 

[K-S-U-Wildcats!]

Yeah, I missed that. Sorry, K-S-U.

No apology necessary. I don't assume I know anything about taxes. I'm just going off what I read.

[K-S-U-Wildcats!]

Corker flips to Yes. Now that passage is assured, will any red state Dems hop aboard the tax cut train?

http://www.washingtonexaminer.com/bob-corker-flips-will-vote-yes-on-tax-bill/article/2643657

[Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)]

It helps poor people, so doubtful.

[K-S-U-Wildcats!]

this thing is DOA

This will not pass in 2017.

Butthurt butthurt butthurt (and tweets by other butthurt libs)

[chum1]

https://twitter.com/christinawilkie/status/941777821453766656
https://twitter.com/TheStalwart/status/941776328268894208

[LickNeckey]

"After great thought and consideration, I believe that this once-in-a-generation opportunity to make U.S. businesses domestically more productive and internationally more competitive is one we should not miss," Corker said in a statement about the joint House-Senate version of the bill, which was finalized Friday.

Sounds like a effective middle class tax cut.

 

[wetwillie]

What is the final bills position on pass thrus for our guy dugout ?

[star seed 7]

Different rates for single/joint is one of the most absurd things about our tax system

[K-S-U-Wildcats!]

What is the final bills position on pass thrus for our guy dugout ?

The plan would set a 20 percent business income deduction for the first $315,000 in income earned by pass-through businesses.

But there might be restriction upon which services are eligible for the deduction.

It sounds like on the personal side, this is basically the same as the Senate plan! :cashmoney:

https://www.cnbc.com/2017/12/15/gop-releases-its-final-tax-plan--heres-whats-in-it.html

[K-S-U-Wildcats!]

Hey look! Another butthurt post by Chum quoting an equally butthurt tweet!

Last time I checked, the senate's 7 brackets actually result in a lower marginal rate than the house's 4, at least for most people.

[8manpick]

Hey look! Another butthurt post by Chum quoting an equally butthurt tweet!

Last time I checked, the senate's 7 brackets actually result in a lower marginal rate than the house's 4, at least for most people.

Wasn't the point to simplify? What about the postcard?

[K-S-U-Wildcats!]

Hey look! Another butthurt post by Chum quoting an equally butthurt tweet!

Last time I checked, the senate's 7 brackets actually result in a lower marginal rate than the house's 4, at least for most people.

Wasn't the point to simplify? What about the postcard?

I'd rather keep more of my money. But maybe that's just me.

[chum1]

https://twitter.com/ASlavitt/status/941811846071373824

[chum1]

https://twitter.com/RichardRubinDC/status/941823502893510656

[treysolid]

https://twitter.com/RichardRubinDC/status/941823502893510656

good for POTUS BFF robert kraft

[treysolid]

what makes anyone think that this is going to turn out better than 1981?

[K-S-U-Wildcats!]

https://twitter.com/ASlavitt/status/941811846071373824

  this is better than the Facebook thread!!

[chum1]

https://twitter.com/davidsirota/status/941859966360567808

[The Big Train]

Surprised = nobody

[catastrophe]

https://twitter.com/davidsirota/status/941859966360567808

And you won’t BELIEVE what it is!

[gatoveintisiete]

I have three of these  but I don’t get it and the shitty reporter doesn’t explain it.  I pay regular personal income tax on my k-1 income, real estate is already an asset I can depreciate.  Are they saying my LLP’s will be taxed at 20 or 23 percent instead of ordinary income?

[K-S-U-Wildcats!]

https://twitter.com/davidsirota/status/941859966360567808

And you won’t BELIEVE what it is!

 

[Phil Titola]

Congrats guys. Proud of you all.

[K-S-U-Wildcats!]

Congrats guys. Proud of you all.

Congrats to you, too! How much more of your money are you going to get to keep?