Off-Topic: How many?
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Name:   architect The author of this post is registered as a member - Email Member
Subject:   How many?
Date:   12/20/2017 8:46:42 PM

The Republicans have been whoopin and hollerin today about this wonderful ''tax cut / reform bill'' (in reality it is neither). They have told us the average Joe will get a big cut with most of that cut coming thanks to the increase in the Standard Deduction from $12,800 to $24,000!  Have you heard a single one of these Representatives or Senators mention that the bill also takes away the $4,050 personal exemption for each family member?  Are any of you even aware of this change?  So, the family of 4 gains $11,200 in deductions while losing $16,200 in deductions.  For most folks that will be at least an extra $1000 in tax.  I am no math wizard but I can see this ain't a good swap!!  This bill is going to be a disaster for millions of average Americans and Republicans are going to curse the day they voted for it.

Other messages in this thread:View Entire Thread
Impact of tax reform - MartiniMan - 12/20/2017 1:59:50 PM
     MM - Talullahhound - 12/20/2017 2:03:00 PM
          Link won't work for some reason - MartiniMan - 12/20/2017 2:10:51 PM
     Impact of tax reform - LINK - phil - 12/20/2017 2:39:39 PM
          Impact of tax reform - LINK - Moldyoldy - 12/20/2017 3:00:02 PM
               Impact of tax reform - LINK - phil - 12/20/2017 3:45:11 PM
     Impact of tax reform - phil - 12/20/2017 2:45:14 PM
     Keep em coming - MartiniMan - 12/20/2017 3:49:47 PM
          Keep em coming - phil - 12/20/2017 3:52:22 PM
     Impact of tax reform - au67 - 12/20/2017 4:14:33 PM
     Impact of tax reform - lakngulf - 12/20/2017 5:14:30 PM
          Impact of tax reform - Talullahhound - 12/20/2017 5:45:03 PM
     Impact of tax reform - lucky67 - 12/20/2017 6:19:55 PM
          How many? - architect - 12/20/2017 8:46:42 PM
               How many? - Buteye - 12/20/2017 10:12:38 PM
                    How many? - Talullahhound - 12/20/2017 10:29:47 PM
          Impact of tax reform - GoneFishin - 12/20/2017 8:58:26 PM
               Impact of tax reform - Talullahhound - 12/20/2017 10:25:00 PM
                    Impact of tax reform - Buteye - 12/21/2017 3:04:21 AM
                         Impact of tax reform - Talullahhound - 12/21/2017 8:32:38 AM
               Impact of tax reform - MartiniMan - 12/21/2017 8:55:12 AM
     More good news from my employees - MartiniMan - 12/21/2017 2:06:52 PM
          More good news from my employees - lucky67 - 12/21/2017 3:08:11 PM
               Hey FLY........... - GoneFishin - 12/21/2017 7:53:39 PM



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