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Trump Tax Plan is working great !

Posted By: Aces

Trump Tax Plan is working great ! - 03/06/18 09:44 PM

Millions of americans are getting tax breaks. Corporations taxes are down to 21%.. dont believe the liberal liars who say the corporations are the only winners and they are going to pocket the savings.. thats bull shit. If a corporation doesnt use that extra savings to invest in more workers and new technology, guess what??? They lose out to competitors who are investing in new technology and adding more workers. More wokers mean more jobs. More jobs mean more money in peoples pockets who will spend.
More money means more revenue to the governement who will pay off the debt thanks to the new welfare state we live in.
Trump is kicking ass on so many levels.
Target just announced they are raising wages for the SECOND time this year due to the tax cuts.
Posted By: blueracing347

Re: Trump Tax Plan is working great ! - 03/08/18 02:35 AM

Next year's standard deduction is 24k.
Posted By: helenwheels

Re: Trump Tax Plan is working great ! - 03/08/18 03:05 AM



Everyone should run their info through the IRS withholding calculator. Especially when there have been changes to tax laws, or your own circumstances, higher pay, marriage, children, etc. You want to make sure they aren't withholding too little and get hit with a big bill at the end, or conversely have them withhold too much

The IRS specifically encourages taxpayers who fall into the following groups to double-check their withholding:

Two-income families.
Taxpayers with two or more jobs at the same time or who only work for part of the year.
Taxpayers with children who claim credits such as the Child Tax Credit.
Taxpayers who itemized deductions in 2017.
High-income taxpayers and those with complex tax returns.
Posted By: OakAsFan

Re: Trump Tax Plan is working great ! - 03/08/18 03:12 AM

I was trying to avoid this spam thread, but since Helen chimed in, I'll tack on.

Trump tax plan working.

BWAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!

Glad Target's raising wages. What they don't tell you is that they're cutting everyone to 20 hours/week. The teenagers who work there don't care. More time for gaming, bro.
Posted By: OakAsFan

Re: Trump Tax Plan is working great ! - 03/08/18 03:14 AM

Also, business don't "invest" in workers. Never have, never will. They use the minimal amount of labor required for business need. The bare minimal. Not one business has ever hired more people or given current employees more hours or a raise simply because the money was there to do so. Never once in the history of capitalism.
Posted By: helenwheels

Re: Trump Tax Plan is working great ! - 03/08/18 12:16 PM

Check Your Withholding Math or Risk a Painful Tax Shock
Many taxpayers have bigger paychecks now, but other changes from the overhaul will affect what they actually owe


https://www.wsj.com/amp/articles/ch...ise-1519986601?__twitter_impression=true


Again, be sure to check. Withholding was lowered, but that doesn't mean your tax liability has.


We've lost the following deductions as well:
Mortgage interest
Health insurance deduction
Health expenses deduction
Property tax deduction
Posted By: OakAsFan

Re: Trump Tax Plan is working great ! - 03/08/18 01:42 PM

Somebody has to build those roads and freeways and onramps and street lights...

Republicans think the private sector will do it out of the kindness of their hearts.
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