How did the new tax act benefit me...

How did the new tax act benefit me? I'm getting an extra $520 a year taken from me and I'm in the second to lowest tier for income

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cnn.com/2017/12/13/politics/calculate-americans-taxes-senate-reform-bill/index.html
twitter.com/AnonBabble

Post income.

Because you are lying.

>im not a tax expert
>not sure why your goin on Sup Forums for financial literacy
>i think the new tax system reduces your taxes but i don't know when or where, it's what trump said.
>also great, i mean fucking great image im still lawlin'

Because Trump dosn't give a shit about you his tax changes are there to benefit those who already have way more than they need. Like himself. Of cause the money spent for his trips to his golf ressort in the airforce one needs to be collected somewhere and that's where you come into play.

Such idiots in here.

90% of people will have their taxes reduced .

ie. I make 45k - and will be making about $900 a year more because of paying less.

So basically - what are you going to do next month when NINETY PERCENT of voters make more money - and all you liberal dumbfucks are shown to be liars?

40,000 a year, two dependents

Nice try. Wait until you have to file your taxes next year. You may get more in your paycheck now but when you file your taxes next year you're screwed. Be sure to put some aside.

Last year I owed 1,400, can't imagine owing more

go here--
cnn.com/2017/12/13/politics/calculate-americans-taxes-senate-reform-bill/index.html

and then post a screencap.
fucking dumbass.

how stupid are you then?

Says I go up slightly, but my paycheck is down slightly

Tfw all the poor people will have reduction in food stamps and social programs so they're going to come fuck you raw because they can't locate rich people to fuck raw and it's all because a bunch of retards thought having a republican in office would be a good idea

Food tax clothes tax and gas tax drops basically cost of living should drop but thats really a vary from state to state so if no change blame who you voted for in your state.

I make an extra $15 a month now. (Second lowest tier)

I don't care that this small reduction in taxes will be followed by a massive hammering after the 8 year plan finishes because I plan on killing myself soon. Enjoy paying off the massively increased national debt to cover the uber rich you fucking non-suicidal losers!

on the flipside since november my monthly cash rose by £550 GBP , after i pay ALL my outgoings i have £800 per month to blast on anything i want, iv spent roughly £2000 on Amazon alone in 2 month,, clearing wishlists cuz. be jelly

Since I'm not an Amerifat, I'm just eating popcorn as I watch the Amerifat Empire burn. It's funny as hell watching idiot Amerifats spreading their ass-cheeks for penetration by a handful of old, white billionaire psychopaths.

Where the FUCK did you hear this from? You're a god damn parrot spewing the same main stream media bullshit. YOU haven't FUCKING read this bill you stupid little cunt.

Move out of your shitty ass blue state, not everyone wants to pay into your shitty socialistic programs faggot.
/thread

Ok Muhammad, nobody cares

Not really bro.

Corporate tax doesn't pay very much into national revenue. The biggest problem the feds had was ca and NY trying to exempt incomes by making property tax a write off, which lead to massively inflated house prices.

Trumps genius is 2 fold. The feds will get their share of the income without states lying about income and skimming off the top as much. Secondly houses will necessarily lower in cost in high price markets by necessity in places like ca.

Without a massive tax write off people can't afford super expensive houses at the same price levels, hence the prices will drop. A 900k house will likely become a 700 or 800 house, ect. Meanwhile working families ho es will have more demand and jump in value.

He's fixing the housing price crisis and appreciating home owner prices at the same time.

You realize red states have the highest unemployment, highest poverty rates, lowest literacy rates, highest teen pregnancy rates, and greatest percentage of people on welfare, right? The whole reason the South lost the civil war is because poorly-educated racist rednecks have no money, skills, or industry.

That's why I pay to live in a gated community. They should further reduce food stamps so that you can't buy shit like energy drinks and twinkies while they're at it.

Most federal tax comes from personal income tax. As corporations expand they spend more economists that have done studies on the tax plan project a 10 to 14 percent cost reduction in capital aquisitions by corps, leading to an over 1 point surge in gdp.

The increase in incomes nationwide will flow more revenues back to the feds by necessity. Just look at the stock market. Chevron stock increases 20 percent in 6 months and people are buying and selling it like crazy. As they buy and sell it they are getting hit with gains taxes which flows straight to the feds without state interference.

>he thinks America cares what irrelevant inferior weaklings think
wew lad

>b..but why would you lie on the internet user?

>irrelevant inferior weaklings
P R O J E C T I N G H A R D

I love how delusional Trumplorables are. If it doesn't reinforce their "just world" delusions of bigotry and class hatred, they just declare it to be a lie and continue chanting "USA! USA!" It's why I'm enjoying watching their whole poorly-educated nation of mouth-breathing subnormals descending into developing world status as they cheerfully hand over their money and rights to a pack of sociopathic robber barons who want to grind them up for sausages.

I make $491k a year in a mid-tier taxed state and from what those calculators are showing me, I'll be paying the same or a little more in taxes.

Tldr;
Please state how Detroit, Philly, and Chicago are fairing being reigned by liberals? I'm also pretty sure California's getting Sodom and Gomorrah'd as we speak

Trump has in one year restored US as the biggest most successful super power, and he's only just started.

You 2 scoops faggots trying to analyze his diets and the smell of his farts are so far out of your league when you start talking about economics or financial data.

Go back to school faggot.

No doubt... I worked in Detroit hospital for nearly a decade. It's shocking how many people are totally dependent on gov't assistance.

You kids are so stupid that it's impossible to hold any kind of actual discussion with you. You're not actually capable of thinking, you just mimic thinking while you regurgitate whatever Fox News talking points you've been indoctrinated with this week.

Pro tip: the stock market booms when rich people get richer. When stockbrokers are celebrating it's going to be a bad time for anyone who isn't a millionaire. But as you read this, all you're hearing in your head is Charlie Brown's parents: WA WA WAWA WA WA.

It's fun watching you idiots cut your own throats.

I don't see a problem with people making money, why do you guys feel the need to reach into other peoples pockets when you diden't work or earn it?

>In my 30s as a governmental accountant. Bought shares of chevron. 4.0 summa cum laude accounting graduate.

Chevron went up 20 percent value in 6 months.

Well not a millionaire, but certainly not a deluded clueless faggot like you.

The Dow affects everyone that invests in it. Buy some shares if you want, or don't. Leaves more for me.

"WA WA WAWAWA WA WAWA."

Yep, that's what you heard. And too stupid to recognize your own ignorance. The nation ruled by Dunning-Kruger.

I'm getting about $8k more each year, and I'm in the third poorest bracket. How are there people who are unironically against this? I like free money, especially when it's my own money that I get to keep for free. Do liberals only like free money when it is stolen from someone else?

I'm not a millionaire yet I invest heavily. When the stock market boons I am happy because it means poor people like me are getting richer. When it busts I'm also happy because I just keep buying the stocks while they are on sale from all the retards trying to buy high and sell low. gitgud, faggot.

All of the Dow corps are publicly traded and the income flows to its stock holders.

It's not a faggoty shit state owned Corp system like socialist retards like you think.

Every increase in the market comes from stock trades that's often taxed at a 15 to 20 percent capital gains tax.

Go back to school niggles. You aren't qualified to talk about taxes or the economy.

It's hilarious watching you house niggers boasting about the size and gold-gilt beauty of their chains.

And not only are the capital gains taxed but the corporations they invest in pay taxes as well... and the people employed by the corporation pay tax at the personal level

Lol look at you pathetic faggots.

First you come on here talking about how the US is crumbling and financially failing. Fast forward 3 seconds later when you realize all data sources show record levels of success.

Backpaddling to say record success is just chains.

LOLOLOLOLOLOLOL.

You can't make up your minds, nothing to attack..

Better check and see if I ate 2 scoops of ice cream so you can cry about something. Better set up a safe space for you.

Yep, there it is, the word salad madlibs which shows there's no cognition going on. You just take a handful of engrams and toss them together to replace actual thought. It's fun watching you morons hanging yourselves. Given the absence of thinking, you're not even human, just meat machines, so I can enjoy the spectacle of you getting anally raped without feeling pity for you.

lolwut? Did you graduate bottom of your class in meemz? You are definitely doing it wrong. Only nigger care about gold chains. House niggers want to be white and avoid gold chain for the very reason I explained to your feeble mind.

If you think stuffing your fat faggot face with more cheeseburgers and licking poopoo out of immagrant buttholes is the better move then be my guest. You can even make choo-choo full steam ahead sounds while doing it if that helps you reach orgasm faster. I'll continue to invest in my future though. We'll see who is laughing 20 years from now. Either me when I'm retired on my homestead out in a nice rural area or you, obese,still wagecucking for a paltry salary, a medical history 3 pages long, and breathe that constantly reeks of poopoo and dicks because you have bizarre sexual practices. You must be from one of those brainlet states like california. In that case attempting to reason with you is pointless.

Maybe you will understand this: You are bad and stupid. Trump is good and opposite of you. Kill yourself. Anything get through? OR should I try and rewrite using smaller words. I know stupid has two syllables, maybe mommy can explain it to you.

Reagan trickle

you're just a mongrel gnawing on scraps while the lords feast

yeah Trump is soooo good

My guess is your IQ is in the 80-90 range. Too stupid to even understand the basic English meanings of words. Well, I'm tired of watching you push your food pellet button. Enjoy your sad, squalid existence.

491k doing what?

The simple answer is, it didnt, maybe not vote for a celebrity next time?

sucking cocks, literal mountain ranges of cocks

Every roastie is getting raped by people they've only ever seen on tv. Maybe I should mention teh time al shartpon stole my bike. I mean if someone says it happened when there is no proff whatsoever then it must be taken as godgiven truth as far as liberals see it, right?

You mixed up the words my and your again. Whoops! YOU have an IQ in the 80-90 range. Not too shabby, you should be proud of that(I don't believe it is nice to kick literal retards around too much). Mind sharing pics of you food pellet button? That sounds pretty interesting.

You got Aldi Sued in Murika?

nice ramble but your spray-tanned hero is a pervert

at least it's not the savannah of penis

Nice ramble, but your fucks-you-without-a-condom hero is weaker and dumber than my spray-tanned hero.

Now you're motivated to stop being a faggot, grow up, and get a real job. Benefit found.

Must be nice to make a living lying but thats what democrats do

>implying banks and stock brokers earn or work

kek

lying you say?

Me too

Care to show your math? Because it would seem you are lying, or more likely, made a mistake. Maybe you confused +5,200USD with -520USD?

So what youre saying is you never actually get any real money just ride the waves making the rich richer thinking youre a genius while you make pennies

I completely agree, food stamps should cover the necessary requirements to stay alive and well until a job can be found so you can buy your own food like the rest of us.
Actually i figure food stamps should be standardized, say a certain amount for grains and carbs, a certain amount for meat and protein, and the same with the rest of the food groups so you don't have these idiots buying more than they need. Also reeducation classes should be mandatory for public assistance so people can learn how to correct the mistakes they made which led to their current situation.

I get real money which can be turned into pennies if you are into that. It's pretty cool. I am a spiteful little bitch though so I won't explain how to invest. You will just have to live with knowing there is easy money on the table but it requires a 1st grade level of knowledge to invest in publicly traded companies. Assuming my portfolio is diversified the same way as the Rich(TM), we are getting richer at exactly the same rate. I'll stop here because I'm sure your mind was blown about 4 sentences ago. I bet you don't even own any crypto.

Yeah, they need to learn how to get a small 50 million dollar loan from their daddies. Fucking bums.

Middle class matters most, without middle class there is communism.

That's dumb. It presupposes poor people are smart enough to shop for themselves. Give them a sack of lentils each month, and a small tub of canola oil. That is more than enough to keep them alive. It will be much cheaper and more nutritious too. If they complain about vitamin deficiencies we can have them come in for a very painful shot each day that has all the daily required micronutrients in it. A 14ga needle should do the trick. Fuck poor people. I and everyone else would be happier if they died. They contribute nothing so why should we give a shit?

...

14 year old detected

That is exactly what i am thinking my good man. These people are too stupid to make it in the adult world so what they need is a subsistence, accompanied by reeducation to become productive citizens.

It's not rocket science. By cutting the tax rate for the wealthy and for businesses, those businesses will use the money they save to raise the pay rate of working class people.
The wealthy will invest in opening new businesses which will become more jobs for the working class.

it's called Trickle Down Economics.

It isn't new. Educate yourself before posting bait like this.

Trump may have very well done some shitty things to women or whatever, but don't get too high and mighty. The sexual depravity bullshit everyone is so concerned about crosses all party lines. For every Trump or Moore you can also point out a liberal leaning person that has done similar or the exact same thing. Don't forget that Hillary bullied and attempted to silence the women that Bill Clinton assaulted purely because she was riding his coattails. There are people of all political ideologies and all economic levels and all religious beliefs that are guilty of doing shitty things to other people. Why? Because we are all human and humans are assholes.

Hahahah calls himself a genius because he owns crypto I sold mine just before the first crash waiting to see what happens to you retards when the bubble finally bursts. Good for a quick buck not for a long term investment. Also rich people have more money to invest so their return is much larger. Investing is easy but without a lot of money to invest in the first place you will make very little actual profit.

Yea why can't they be smart and have daddy give them all the money they could ever need?

You must live in one of those high tax states and have a high interest morgage. That is the only way you pay more. I get so tired of the left and their voting for shit in their states and expecting the rest of us to pay for it.

>By cutting the tax rate for the wealthy and for businesses, those businesses will use the money they save to raise the pay rate of working class people.
You have to be autistic if you believe that.
Let us be real, if company even doesn't use tax haven anyway, all the extra tax they won't pay is going straight into investor/owner pocket.
>It isn't new. Educate yourself before posting bait like this.
Educate yourself on how economics actually work. Existance of this idea doesn't actually mean that it is true, you stupid cuck.

>I bet you don't even own any crypto.
>guise I bought imaginary stocks that no one accepts, cost crypto to use and isn't secure or insured

Lol, watch the testimony that Brennan gave, Trump tower along with manafort and several others were tapped under the fish warrant. Testified to under oath... Moron..

So I'm projecting by stating a fact? nobody cares about your projection meme kiddo

Funny all the auto companies are relocating to the South. They are abandoning close shop blue states and building plants in red states. Texas which is very red has the lowest unemployment in the US. Try again.

If you take just the average of the entire stock market your money doubles roughly every eight years. Drawing just 4% off the total value each year should have you set for life, multiple lifetimes even. It is not even close to a rich mans game. For the first time in human history, our generation is on the exact same footing with the toppest of the top and elitest of elite. It doesn't matter how much those returns are, if you have more money than you spend, and some other guy has more money than he spends, both are doing pretty damn well the way I can see it. Especially considering it is unearned income. Just sit back and collect the dividends and returns. Povertyfags are too infatuated with their lifestyle choice though. They'd rather bitch about nonissues like raising minimum wage than actually making something of themselves. Why they don't just try to make more than minimum wage instead of asking that minimum wage is raised is something we will never know. The good news is that the answer matters just as much as they do. Not at all.

of course the low unemployment in Texas and job growth was all McJobs but it's not like a bullshitter like you is going to be honest, right?

I've already taken out 50*+ what I put in, and still have $XXk in the game. Whether it continues to moon or the bubble explodes I still come out like a fucking bandit. What's funny is how smug nocoinz are about being poor. So I am rich, was rich, and might be richer or stay where I am. How exactly is that a bad thing compared to you; poor, was poor, and will only stay poor? Blockchain is the future. Will that be BTC? Probably not. That's why we diversify. Have some of my investments tanked? XVG kind of shit but who gives a shit, it's nothing compared to the money I've already pulled out, and ETH has made me very happy with the gains.

Wow that's definitely the tax plan! Fuck blumf, literally nothing else could cause this

>Have more money than you spend
Yeeah thats retarded because rich people buy more expensive shit the only reason you have more money than you spend is because you dont buy stuff you cant afford. Fact is most people dont make enough money to have enough money to invest anything that will ever return enough to improve their lives in any significant way. I dont live in the US and my family is quite wealthy so it isnt an issue for me but whatever

>I like to lie, the post
You omit cities or brown people or something? Might wanna check your stats.
>piss poor strategists in the north losing with superior numbers, tech and general holdings from the outset get railed for a good long while then, to the surprise of literally no one, finally rally and use their advantage properly
>pffft dumb hicks lol pfft sweetie
Read a history book tyrese

>alleged
>HES GUILTY HABG BLUMPFY
The left, everyone

If the companies won't reinvest in employees, why is Wal-Mart raising wages. Largest company in the world just proved libtards WRONG.

Funny how smug you are and assume I'm poor. I don't care how much you dumped in cryptos or pulled out. I still think everyone who bought bitcoins in the past two months is a retard. Not saying you did but only a dumbass buys when the price is high

>be amerifat
>getshot
>get 2 year degree
>make 60k starting
>invest more than half that
>still spend like a jackass

What is the problem here?Most people don't want to make any money, while I work three days a week and make a decent wage and invest.

30k is not a lot to live on and after 8 years you only make another 30k what a waste for such a tiny return

Mcjobs huh. Toyota built 2plants, GE built 3 plants. These are good paying jobs.

Someone got mad
Supply side economics don’t work. Look at Reagonomics in the 80s. Look at Kansas right now. It’s as retarded as believing in socialism.

Where do you live

Menial labor. Go Texas.

You benefit by becoming more important. Between POTUS spending increases and GOP tax cuts we get to run an extra $1.5-2 trillion in deficit!

Guess who gets to pay for that, motherfucker?

YOU DO!

5% increase for me as well.

I love watching the Trumpeters yell while they're too stupid to factor in dependents, property, etc

Then most jobs are menial labor. You are an idiot, did you know that? These are good paying factory jobs, in a low tax state. That is a win for the whole state.

Ajeet needs more spanking.