![]() |
![]() |
![]() |
![]() |
![]() |
#1 |
Ten Point
Join Date: Mar 2009
Location: Texas
|
![]()
What do y'all think about it?
The main street media is doing a good job telling the American people it is bad bill. http://www.cnn.com/2017/12/19/politi...ows/index.html https://www.monmouth.edu/polling-ins...oll_US_121817/ |
![]() |
![]() ![]() |
![]() |
#2 |
Pope & Young
![]() Join Date: Oct 2006
Location: Spring
Hunt In: Wherever & Whenever
|
![]()
Actually, FOX was just beating up on it also. Oops, they are part of the mainstream media.
![]() |
![]() |
![]() ![]() |
![]() |
#3 |
Pope & Young
Join Date: Feb 2012
Location: Casper,Tx
Hunt In: Nacogdoches,Tx
|
![]()
CNN says only 35% of Americans approve this bill....its plastered across the TV screen.
|
![]() |
![]() ![]() |
![]() |
#4 | |
Pope & Young
![]() Join Date: Oct 2006
Location: Spring
Hunt In: Wherever & Whenever
|
![]() Quote:
It will be dang interesting to see how this shakes out between this hour and the vote..............we probably wont be overly thrilled as common citizens but we can hope for the BEST! I still wonder if taxes will be able to be done on a POSTCARD??? |
|
![]() |
![]() ![]() |
![]() |
#5 |
Associate Sponsor
Join Date: Sep 2013
Location: Mansfield, TX
Hunt In: Gouldbusk, TX
|
![]()
It'll allow them to all retreat to their respective corners and demonize each other while claiming they tried. I suppose it's better than nothing for the most part but I'm not expecting to be thrilled by any of it.
|
![]() |
![]() ![]() |
![]() |
#6 |
Pope & Young
![]() Join Date: Oct 2006
Location: Mesquite, Texas
Hunt In: Archer County
|
![]() |
![]() |
![]() ![]() |
![]() |
#7 |
Ten Point
Join Date: Nov 2015
Location: Snook, TX
Hunt In: Snook, TX
|
![]() |
![]() |
![]() ![]() |
![]() |
#8 |
Ten Point
Join Date: Mar 2009
Location: Texas
|
![]()
If those tax calculators are correct it will save me some money........
![]() |
![]() |
![]() ![]() |
![]() |
#9 |
Pope & Young
Join Date: Oct 2006
|
![]()
I'm trying to figure out why everyone says it's horrible. Is it not a large enough tax cut for the actual tax payers?
|
![]() |
![]() ![]() |
![]() |
#10 |
Ten Point
Join Date: Oct 2006
Location: Nacogdoches, Tx
Hunt In: Nacogdoches county, San Augustine county, Beaufort county NC
|
![]()
The House passed the bill with the Senate voting tonight. Of course, no Democrats voted for it. Why is it bad for us to be able to keep more of the money we earned?? I would love to talk to some of the these Democrats and ask if they really believe this is bad for America or if they are just voting the way Schumer and Pelosi tell them to vote. I am so tired of them characterizing it as a tax break for the wealthy. Folks seem to have a disconnect between dollars and percentages. If I pay $1000 in taxes and get to keep 10% of that then that is $100. If I pay $100,000 in taxes and get to keep 10% then I keep $10,000- more money but the same percentage. I have no problem with the rich 10% that pay 71 percent of the taxes getting to keep more of their money. Cut back on the entitlements and we can fund the government. I personally believe in a flat tax- everyone paying the same amount, percentage wise, even the folks that make too little to have to pay taxes now- then they have some skin in the game. Folks that don't have to pay taxes and getting back money/refund due to tax breaks is mindless.
|
![]() |
![]() ![]() |
![]() |
#11 |
Ten Point
Join Date: Sep 2009
Location: Nacogdoches, TX
Hunt In: Nacogdoches
|
![]()
If the MSM is against it, then that's all that I need to know. Sounds like a great deal to me.
|
![]() |
![]() ![]() |
![]() |
#12 |
Pope & Young
![]() Join Date: Sep 2007
Location: Abilene, TX
Hunt In: Mismatched camo
|
![]()
It would be better if they confiscated even less of our money than they will with this new tax law. But if they keep a little bit less than they would have after this change, it's a win. The media and the Dems are lying about it (as usual).
|
![]() |
![]() ![]() |
![]() |
#13 |
Ten Point
Join Date: Jul 2012
Location: The Woodlands, TX
|
![]() |
![]() |
![]() ![]() |
![]() |
#14 |
Pope & Young
![]() Join Date: Oct 2006
Location: NM
|
![]()
Here is what the media wants to know.
![]() Sent from my iPhone using Tapatalk |
![]() |
![]() ![]() |
![]() |
#15 |
Pope & Young
Join Date: Sep 2008
Location: Euless, Texas
Hunt In: Sterling County
|
![]() |
![]() |
![]() ![]() |
![]() |
#16 |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]()
I'm all for a tax cut, so long as there's an equal spending cut to go along with it...problem is there isn't and this just further increases our federal deficit. I'll probably end up slightly ahead on this but I'd really like to see a pairing down in government spending across the board.
|
![]() |
![]() ![]() |
![]() |
#17 | |
Pope & Young
![]() Join Date: Oct 2006
Location: Spring
Hunt In: Wherever & Whenever
|
![]() Quote:
![]() The casino bet is that our economy can generate enough cash to carry both sides of the accounting ledger. I for one really truly hope it is a winning bet!!! (even though a flat tax type of system is much cleaner) Everything changes financially and socially when the economy is running on all cylinders. ![]() It appears I "may" come out ahead as a individual with a small business also, but right now my CPA is as confused as everybody discussing potential details. Details are FEW and that is where the rubber meets the road. ![]() |
|
![]() |
![]() ![]() |
![]() |
#18 | |
Pope & Young
![]() Join Date: Oct 2006
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#19 | |
Pope & Young
![]() Join Date: Sep 2007
Location: Abilene, TX
Hunt In: Mismatched camo
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#20 | |
Pope & Young
![]() Join Date: Oct 2006
Location: Spring
Hunt In: Wherever & Whenever
|
![]() Quote:
I gotta have specific details quickly to make the right moves. Got alot at stake thus not going to count my chickens until they hatch!!! So far I am very hopeful. Would like to increase from 31 employees to 40 if it makes sense. Sent from my SAMSUNG-SM-G900A using Tapatalk |
|
![]() |
![]() ![]() |
![]() |
#21 |
Eight Point
Join Date: Jan 2017
|
![]()
So far I'm not sure we're getting any of the stuff that's actually beneficial. This smells like something they put together to appease democrats, not realizing thats a dumb game to play. I haven't checked accuracy, but they were saying the 25% tax bracket ia going to be from 45k-100k? Thatd robbery for the folks on the low end of that bracket. 45k is enough in some places, but not like its the high life that theycan just throw out another 10% to the government. I'm not seeing that we're gettig many of the tax benefits we were hoping for either, like being able to add deductions even if you meet the standard deductible. That was going to save me around 6-7k
|
![]() |
![]() ![]() |
![]() |
#22 | |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#23 | |
Ten Point
Join Date: Jun 2015
Location: Cypress, Tx
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#24 | |
Pope & Young
![]() Join Date: Sep 2007
Location: Abilene, TX
Hunt In: Mismatched camo
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#25 | |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#26 | |
Pope & Young
Join Date: Jan 2010
Location: Northern Wise County
Hunt In: Anywhere
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#27 | |
Pope & Young
![]() Join Date: Sep 2007
Location: Abilene, TX
Hunt In: Mismatched camo
|
![]() Quote:
http://taxplancalculator.com/calc Plug in your numbers to see what you might expect. |
|
![]() |
![]() ![]() |
![]() |
#28 |
Ten Point
![]() Join Date: Sep 2007
Location: La Grange
Hunt In: Colorado Co.
|
![]()
According to the numbers I plugged in I stand to save about $7k.
Now I hope they can start working on lowering the deficit from the budget side. |
![]() |
![]() ![]() |
![]() |
#29 |
Pope & Young
Join Date: Oct 2006
Location: Katy, TX
Hunt In: Elk in CO....Deer in Lyons, TX
|
![]()
Tax cuts already helping American workers.
https://www.cnbc.com/2017/12/20/tax-...employees.html https://www.cnbc.com/2017/12/20/fift...l-passage.html |
![]() |
![]() ![]() |
![]() |
#30 | |
Pope & Young
Join Date: Jan 2012
Location: San Angelo, TX
Hunt In: Where ever I can.
|
![]() Quote:
Great reading for you and it is even from the Communist News Network which tells you something when they are even willing to admit our tax rate chases away business. http://money.cnn.com/2014/08/27/news...xes/index.html |
|
![]() |
![]() ![]() |
![]() |
#31 | |
Pope & Young
Join Date: Jan 2012
Location: San Angelo, TX
Hunt In: Where ever I can.
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#32 |
Pope & Young
![]() Join Date: Oct 2006
|
![]()
I've already added 1 employee specifically because of the tax rollback. The new employee will start January 3, '18... Got at least one more in the budget for fiscal '18... Without this plan, that absolutely would not happen... I'm a small company, but I'm no different in structure from any other Sub: C corp... The numbers flat out are better for corporations of all sizes that do domestic business... Assuming their markets have the revenue potential to support the growth, This bill absolutely will grow businesses IN the USA.. It may ALSO grow the international portions of many corporations, but with the reduced tax rates, those corporations who have HQ's in the US will be able to bring that capital home and put it back to work...
ANYTHING the Repulsicans come up with is orders of magnitude ahead of the DemoKrauts... Heck, they want to take more from a shrinking base and ultimately will collapse upon itself when they run out of other people's money and credit fails so they can't just print more money... How ANYONE can support the DemoKraut economic philosophy is beyond me... well unless you're on the receiving end of their gimmies... Why the hell do you think they want to get all these illegal immigrants here the amnesty plan... Instant voters... If they'd stayed in power for two Hitlery terms, there'd have been nothing left to salvage... We aren't out of the woods by any means now either. If they (the whole dang gubment) don't reign in entitlements, we still won't survive... My fear is that we've gone too far down that road to turn back... |
![]() |
![]() ![]() |
![]() |
#33 | |
Pope & Young
![]() Join Date: Sep 2007
Location: Abilene, TX
Hunt In: Mismatched camo
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#34 |
Pope & Young
![]() Join Date: Oct 2006
Location: Crosby,Tx
Hunt In: Menard & Montgomery County
|
![]()
The above calculator shows I'll keep ~7k with the new plan.
(I'm not banking on it, but it would be nice no doubt. ) I started stabbing in random elevated numbers into the calculator and never saw where the savings wasn't on the positive side. It might be there, but I didn't see it. Last edited by DaveC; 12-20-2017 at 09:42 PM. |
![]() |
![]() ![]() |
![]() |
#35 |
Pope & Young
Join Date: Feb 2007
|
![]() |
![]() |
![]() ![]() |
![]() |
#36 | |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]() Quote:
There are a few "sacred cows" that members of Congress have learned not to touch if they want to have a prayer of becoming re-elected...defense spending (personnel and equipment), medicare/medicaid, other entitlement programs, and the existence/size/scope of every 3-letter agency under the federal umbrella. We need to face the hard reality that there will be an uptick in unemployment if we want to reduce the size of Government and there are a lot of people who are going to lose their jobs and lose federal income...and yes, that includes me! What I do know is that we can't continue to lower taxes on a hope and prayer that businesses will do the right things and grow our economy to make up for the shortfall in taxes...because it's a huge gamble and if it doesn't pay off we're just further increasing the deficit burden left for younger generations to deal with (like myself). Last edited by JonBoy; 12-21-2017 at 07:24 AM. |
|
![]() |
![]() ![]() |
![]() |
#37 | |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]() Quote:
Last edited by JonBoy; 12-21-2017 at 07:55 AM. |
|
![]() |
![]() ![]() |
![]() |
#38 |
Pope & Young
Join Date: Jan 2010
Location: Northern Wise County
Hunt In: Anywhere
|
![]()
There's no doubt that spending cuts should happen. One of the worst things that has happened in recent years is The Patriot Act. What is the budget for DHS and the other 3 letter agencies that came into play, because of it? Not to mention the loss of liberties due to that one law. This was all done by a Republican President too. Starting with Bush #1, this country has been in a tailspin.
|
![]() |
![]() ![]() |
![]() |
#39 | |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#40 | |
Six Point
Join Date: Jul 2014
Location: Huffman, TX
Hunt In: Cleveland, TX
|
![]() Quote:
Youre taxed per bracket. So lets say you make 150k a year. Youre taxed 15% on the first 50k, 23% on the next 50k and 25% on the last 50k. Its not one rate across the board. Thats where the liberals are having a fit saying the wealthy are still saving money. Of course they are, thats the way its always worked. Its rediculous they are trying to spin this negatively. Its a win for everyone. They need to get over it. (All numbers where fictional and for demonstration only) Sent from my SM-G950U using Tapatalk |
|
![]() |
![]() ![]() |
![]() |
#41 |
Pope & Young
Join Date: Oct 2011
Location: Baton Rouge
Hunt In: Jefferson & Brooks County
|
![]()
When they say save will this be more money in my check each week or will I not have to write a check anymore?
Also when does this take place? Sent from my iPhone using Tapatalk |
![]() |
![]() ![]() |
![]() |
#42 |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]()
If the President signs the bill before the end of the year the bill will go into effect on January 1st. This means you won't see any differences in your tax returns until the Spring of 2019.
Last edited by JonBoy; 12-21-2017 at 08:40 AM. |
![]() |
![]() ![]() |
![]() |
#43 | |
Pope & Young
![]() Join Date: Oct 2006
Location: Spring
Hunt In: Wherever & Whenever
|
![]() Quote:
Sent from my SAMSUNG-SM-G900A using Tapatalk |
|
![]() |
![]() ![]() |
![]() |
#44 | |
Six Point
Join Date: Jul 2014
Location: Huffman, TX
Hunt In: Cleveland, TX
|
![]() Quote:
What makes you think you wont see a difference till you do your taxes? If the percentages change, your employer would withhold less from you check i thought. Sent from my SM-G950U using Tapatalk |
|
![]() |
![]() ![]() |
![]() |
#45 | |
Pope & Young
![]() Join Date: Oct 2006
Location: Spring
Hunt In: Wherever & Whenever
|
![]() Quote:
Sent from my SAMSUNG-SM-G900A using Tapatalk |
|
![]() |
![]() ![]() |
![]() |
#46 | |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]() Quote:
Last edited by JonBoy; 12-21-2017 at 08:56 AM. |
|
![]() |
![]() ![]() |
![]() |
#47 | |
Pope & Young
![]() Join Date: Oct 2006
Location: Spring
Hunt In: Wherever & Whenever
|
![]() Quote:
Sent from my SAMSUNG-SM-G900A using Tapatalk |
|
![]() |
![]() ![]() |
![]() |
#48 | |
Six Point
Join Date: Jul 2014
Location: Huffman, TX
Hunt In: Cleveland, TX
|
![]() Quote:
Sent from my SM-G950U using Tapatalk |
|
![]() |
![]() ![]() |
![]() |
#49 | |
Ten Point
![]() Join Date: Aug 2008
Location: San Antonio, TX
Hunt In: Mason, TX; Doss, TX
|
![]() Quote:
![]() ![]() |
|
![]() |
![]() ![]() |
![]() |
#50 |
Pope & Young
![]() Join Date: Oct 2006
Location: Spring
Hunt In: Wherever & Whenever
|
![]() |
![]() |
![]() ![]() |
![]() |
Thread Tools | |
Display Modes | |
|
|