>trickle down
>tax cuts for everyone
Trickle down
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Your handwriting sucks.
lmao, are you retarded?
bad math, you don't even understand the system
i have to post twice.
LMFAO
youre income almost triples in the second scenario.
SGAE
GASE
EGSA
SAGE
congrats on the promotion you fucking homo
Not only that, but they don't even understand tax brackets, they wouldn't be paying 25% on the 77k a large part of that would be 15%.
>grad students complaining about having to pay their fair share
Your tuition is taxable income, just because the school takes it out of your paycheck before they give it to you doesn't change this fact.
>extra 51k? why?
>doesn't even know how tax brackets work
also, pretty obvious a woman wrote this out
People don't exist here. Only shills.
Why are you trying to reason with shills?
You are incredibly bad at math. This is amazing.
this is wrong but all the comments ignore the new taxes on mortgage interest. adding 4K to the personal exemption does nothing and now we have buckets of debt and shitty pricey nohealth "care". even with insurance the deductibles and co pays are nuts and getting worse
>fixing this with executive orders written by rand paul
yeah i hope you enjoy that brain drain.
U also have double your income fuck head. No wonder you are paying more tax. I got an idea. Why don't you get Obama in again lose your job then you will have a tax rate of 0.
Hol up OP u saiyan dat da more u maek da mor u taxed? Das sum raciss bullshit they at! I hate Trump now
>adding 50 grand in income means i have to pay more taxes
retard
tuition becomes taxable income
Just did the math:
45000*.12=5400
77352-45000=32352
32352*.25=8088
5400+8088=13488
How can the op be this retarded
u kno ur lying
Was it not the case that trump didn't even originate this?
Also who care make higher education unsustainable and destroy it, its fucking awful and needs to die to come back.
When has a poor person given you a job?
when has a dollar been anything but an interest payment to foreign "jews"
What the fuck is a "take home stipend" and why is it less than half your income in the second example?
Sage for bullshit.
Please, we have millions of Mexicans and Muslim doctors coming to the US.
learn how to use excel you worthless fucking faggot. SAGE.
Grad student here.
This is what he is talking about. Personally I don't get how higher education institutions, which are total pyramid schemes already, gets to pay no tax on all that tuition revenue. What we will pay under the new system is what institutions used to pay.
So, this is just a pro-big-business policy that will amplify the already-existing ponzi scheme that is called academic education.
But if they pass the new tax law it is what it is; and I will cough up the money since I don't like to get assraped by Tyrone.
>underline the total hoping people don't notice that the total income changes
They're a grad student and the rest of the money is a waiver for their tuition.
It's indicative of how far removed from reality academia is that an ostensible intellectual such as this doesn't even understand the basic idea of tax brackets.
This. Grad student myself. The fact that this woman thinks the entire adjusted income amount is taxed at the same rate shows how much of a farce graduate school has become.
stick to womens studies
Fake
Your income nearly tripled
If you're alleging that tuition is taxable, prove it by citing where in the bill it states this. Don't post articles from columnists unless it links to a government website showing the text of the bill
Additionally, you aren't in college. If you were a full time student, you wouldn't be working a job where you make $38,352 / year while in college full time
Plus your Yearly Tax under the current tax plan is calculated wrong. It would be $932.50 + 15% of the amount over $9,325 or $3,726.55
You are a shill or a dumb ass