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Pelosi: Democrats Will Repeal the GOP Tax Law When We Retake the House Login/Join 
Ammoholic
Picture of Skins2881
posted Hide Post
quote:
Originally posted by Flashlightboy:
quote:
Originally posted by Balzé Halzé:
Regardless of the fact that she won't be repealing jack, how retarded is this woman to threaten to take more money out of people's paychecks now that they're actually seeing more money in their pockets?


Is anyone actually seeing more money in their checks? I haven't seen a single dime's worth of an increase and neither has anyone else in the office or anyone else that I know of.

Do you know of anyone who's got more to spend than before? Seriously, I don't know anyone but I hear people talking about the windfall.


That doesn't make much sense, either way if they haven't updated your withholding you'll just get it when you file your 2018 taxes.

We are seeing a crap ton more money.

-$500 check with happy tax cut written in the memo.
-$53 less per week in withholding or $2,756 per year.
-Bossman decided he will fully fund my HSA for me, another $3,450 per year
-Fiancée is $100 per month less or $1,200 per year.

Total additional income due to DJT tax cuts =

$7,906.

The only bad part is that I will have to pay taxes on the contributions my boss makes to HSA because I was previously doing it pre-tax, so my taxable income will go up and be paid at my highest bracket. So I lose some of the money I am getting if you look at it that way.



Jesse

Sic Semper Tyrannis
 
Posts: 21357 | Location: Loudoun County, Virginia | Registered: December 27, 2014Reply With QuoteReport This Post
Irksome Whirling Dervish
Picture of Flashlightboy
posted Hide Post
quote:
Originally posted by Skins2881:
quote:
Originally posted by Flashlightboy:
quote:
Originally posted by Balzé Halzé:
Regardless of the fact that she won't be repealing jack, how retarded is this woman to threaten to take more money out of people's paychecks now that they're actually seeing more money in their pockets?


Is anyone actually seeing more money in their checks? I haven't seen a single dime's worth of an increase and neither has anyone else in the office or anyone else that I know of.

Do you know of anyone who's got more to spend than before? Seriously, I don't know anyone but I hear people talking about the windfall.


That doesn't make much sense, either way if they haven't updated your withholding you'll just get it when you file your 2018 taxes.

We are seeing a crap ton more money.

-$500 check with happy tax cut written in the memo.
-$53 less per week in withholding or $2,756 per year.
-Bossman decided he will fully fund my HSA for me, another $3,450 per year
-Fiancée is $100 per month less or $1,200 per year.

Total additional income due to DJT tax cuts =

$7,906.

The only bad part is that I will have to pay taxes on the contributions my boss makes to HSA because I was previously doing it pre-tax, so my taxable income will go up and be paid at my highest bracket. So I lose some of the money I am getting if you look at it that way.


Thanks for the info. I'll check to see. Obviously I'd like my money now instead of when I file for 2018 taxes which amounts to an interest free loan to the gubdamint via a refund.
 
Posts: 4346 | Location: "You can't just go to Walmart with a gift card and get a new brother." Janice Serrano | Registered: May 03, 2005Reply With QuoteReport This Post
Member
posted Hide Post
I make a decent salary so I wasn't expecting anything. I'm getting about $140 more per month due to lower witholding (automatic based on the tax cut-I didn't change it).

I'll take it and Pelosi is a moron if she thinks they are going to get a veto-proof majority in both houses and that many congress-critters will be dumb enough to actually vote on such a bill. Talk is one thing...




“People have to really suffer before they can risk doing what they love.” –Chuck Palahnuik

Be harder to kill: https://preparefit.ck.page
 
Posts: 5043 | Location: Oregon | Registered: October 02, 2005Reply With QuoteReport This Post
Member
posted Hide Post
No break here. Lost the SALT deduction (probably fair in the big picture) and got carved out of the pass through business deduction. Net result is that mine went up. I haven't read any explanation of why a plumbing business can take the 20% pass through deduction but a physician or dentist can't. The carve out doesn't sit well with me.

Still, there is zero chance I'd vote for a Democrat that would gladly raise my taxes even more.
 
Posts: 9115 | Location: The Red part of Minnesota | Registered: October 06, 2002Reply With QuoteReport This Post
Yeah, that M14 video guy...
Picture of benny6
posted Hide Post
quote:
Originally posted by Flashlightboy:
quote:
Originally posted by Balzé Halzé:
Regardless of the fact that she won't be repealing jack, how retarded is this woman to threaten to take more money out of people's paychecks now that they're actually seeing more money in their pockets?


Is anyone actually seeing more money in their checks? I haven't seen a single dime's worth of an increase and neither has anyone else in the office or anyone else that I know of.

Do you know of anyone who's got more to spend than before? Seriously, I don't know anyone but I hear people talking about the windfall.


I do. Ive been working 5 hours less overtime per pay period, plus I started contributing to my 401k again and my take home pay remains the same amount.

Tony.


Owner, TonyBen, LLC, Type-07 FFL
www.tonybenm14.com (Site under construction).
e-mail: tonyben@tonybenm14.com
 
Posts: 5615 | Location: Auburndale, FL | Registered: February 13, 2001Reply With QuoteReport This Post
Ammoholic
posted Hide Post
quote:
Originally posted by Flashlightboy:
quote:
Originally posted by Balzé Halzé:
Regardless of the fact that she won't be repealing jack, how retarded is this woman to threaten to take more money out of people's paychecks now that they're actually seeing more money in their pockets?


Is anyone actually seeing more money in their checks? I haven't seen a single dime's worth of an increase and neither has anyone else in the office or anyone else that I know of.

Do you know of anyone who's got more to spend than before? Seriously, I don't know anyone but I hear people talking about the windfall.


Everyone I know got an increase, salaries ranging from $50-140K. Mine was greater than my annual increase the last two years. So yes.



NRA Patron Member, Instructor and CRSO
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VCDL Member
 
Posts: 1839 | Registered: April 21, 2008Reply With QuoteReport This Post
Member
Picture of lkdr1989
posted Hide Post
At this point, I'm net $17/month Roll Eyes ....my employer raised our health insurance premiums and that pretty much ate any tax cut Mad




...let him who has no sword sell his robe and buy one. Luke 22:35-36 NAV

"Behold, I send you out as sheep in the midst of wolves; so be shrewd as serpents and innocent as doves." Matthew 10:16 NASV
 
Posts: 4409 | Location: Valley, Oregon | Registered: June 03, 2010Reply With QuoteReport This Post
is circumspective
Picture of vinnybass
posted Hide Post
quote:
Originally posted by Flashlightboy:
quote:
Originally posted by Balzé Halzé:
Regardless of the fact that she won't be repealing jack, how retarded is this woman to threaten to take more money out of people's paychecks now that they're actually seeing more money in their pockets?


Is anyone actually seeing more money in their checks? I haven't seen a single dime's worth of an increase and neither has anyone else in the office or anyone else that I know of.

Do you know of anyone who's got more to spend than before? Seriously, I don't know anyone but I hear people talking about the windfall.


Eighty-two bucks a week. That ain't crumbs to me, my friend.



"We're all travelers in this world. From the sweet grass to the packing house. Birth 'til death. We travel between the eternities."
 
Posts: 5585 | Location: Las Vegas, NV. | Registered: May 30, 2009Reply With QuoteReport This Post
Member
Picture of erj_pilot
posted Hide Post
We have a weird pay set up, so the only way I can compare take home pay is with my end of month check, which remains constant in terms of hours on a monthly basis. That check did increase when the new tax structure went into effect. Can't remember by how much, though, but my take home did increase.

Nancy can kiss my fat Dago butt for all I care...



"If you’re a leader, you lead the way. Not just on the easy ones; you take the tough ones too…” – MAJ Richard D. Winters (1918-2011), E Company, 2nd Battalion, 506th Parachute Infantry Regiment, 101st Airborne

"Woe to those who call evil good, and good evil... Therefore, as tongues of fire lick up straw and as dry grass sinks down in the flames, so their roots will decay and their flowers blow away like dust; for they have rejected the law of the Lord Almighty and spurned the word of the Holy One of Israel." - Isaiah 5:20,24
 
Posts: 11066 | Location: NW Houston | Registered: April 04, 2012Reply With QuoteReport This Post
Failing to prepare is
preparing to fail.
Picture of SigLaw
posted Hide Post
I am up about $200 a month, we received an additional bonus when the cut went into effect and my employer bumped the matching contribution to the 401k from 6 to 7%. Because of the lower brackets there should be no net effect on our income taxes even though we are losing deductions.


________________________
"Don't mistake activity for achievement." John Wooden, "Wooden on Leadership"
 
Posts: 1390 | Location: Gilbert, AZ | Registered: November 08, 2000Reply With QuoteReport This Post
Lighten up and laugh
Picture of Ackks
posted Hide Post
I don't understand the cause of this "Democrat wave" that so many news outlets are talking about. I get the frustration with the GOP, but Pelosi and the gang are even worse.
 
Posts: 7934 | Registered: September 29, 2008Reply With QuoteReport This Post
Member
posted Hide Post
quote:
Originally posted by Ackks:
I don't understand the cause of this "Democrat wave" that so many news outlets are talking about. I get the frustration with the GOP, but Pelosi and the gang are even worse.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
What he said!
Along with sanctuary cities, rights and full benefits for illegals, transgender, gay crap, climate change lies and the other nonsense that the democrat leaders preach, why does anyone vote democrat?????
I'm convinced that anyone who votes democrat has a mental disorder!! There is no other explanation for this perverter, bazaar thinking.
 
Posts: 970 | Location: Virginia | Registered: August 03, 2012Reply With QuoteReport This Post
Leatherneck
posted Hide Post
I am seeing a pay increase. I am not sure exactly how much because our insurance went up at the same time but I am still taking home more money despite paying more in premiums.

I just have not bothered to sit down and figure out the numbers. I was waiting on my annual raise which I just got before I worried about it too much.




“Everybody wants a Sig in the sheets but a Glock on the streets.” -bionic218 04-02-2014
 
Posts: 15288 | Location: Florida | Registered: May 07, 2008Reply With QuoteReport This Post
Oriental Redneck
Picture of 12131
posted Hide Post
quote:
Pelosi: Democrats Will Repeal the GOP Tax Law When We Retake the House

It's a given that they will do it, isn't it? And, what will happen, even if it gets to the President's desk? Yeah, thought so.


Q






 
Posts: 28331 | Location: TEXAS | Registered: September 04, 2008Reply With QuoteReport This Post
Essayons
Picture of SapperSteel
posted Hide Post
quote:
Originally posted by Ackks:
I don't understand the cause of this "Democrat wave" that so many news outlets are talking about. I get the frustration with the GOP, but Pelosi and the gang are even worse.


I've had the exact same thought.

This is all I can come up with:

  • Much of what the MSM is telling us about the coming "Democrat Wave" is just bullshit, what they want, what they fantasize about, not what is real. It's propaganda designed to promote/support the left.

  • The "Democrat Wave" propaganda (which includes all the anti-trump bullshit in all of its many colors and flavors) won't persuade any clear thinker to change his vote from "R" to "D". In fact it may possibly motivate some lazy "R" voters to get off their ass and actually go to the polls. To the extent that it does that it's a good thing.

  • The main problem is the sheeple (the ones who tune in, accept the propaganda at face value, and never bother to think), because they may be swayed by the MSM. The "Democrat Wave" propaganda effort may, in fact, motivate them to vote "D", adding votes that otherwise wouldn't have been there for the Democrats.

  • The hard-core leftists, the ones who truly believe in Hillary, who accept the evilness of the right as an irrefutable truth, and hold fast the belief that Trump is the anti-Christ/devil incarnate, were already highly motivated to vote "D". So the "Democrat Wave" propaganda won't have any effect on them, other than to lower their stomach acid level and calm them down somewhat.


    Thanks,

    Sap
  •  
    Posts: 3452 | Location: Arimo, Idaho | Registered: February 03, 2006Reply With QuoteReport This Post
    Corgis Rock
    Picture of Icabod
    posted Hide Post
    There's been mention that the tax cuts for citizens are only for 5 years. I've heard several snarks from liberals. What they don't know is that this was due to demoncrats. The " Byrd Rule" addresses budget reconciliation. "the Byrd rule states that reconciliation bills -- like the Republican tax bill and the earlier attempt to repeal Obamacare -- cannot contain "extraneous" provisions." "Because of the Byrd rule on long-term deficits. House and Senate versions of The Tax Cuts and Jobs Act produced large and increasing yearly deficits, including in the 10th year."

    All this means that the tax reformed passed "by kicking the can down the road. Senate Finance Committee Chairman Orrin Hatch offered an amendment to the tax package Tuesday to make it comply with the Byrd rule by ending all the individual and small business "pass-through" changes (for partnerships, sole ownerships and the like) on Dec. 31, 2025. This would prevent the bill from adding to the deficit 10 years from now, but could cause uncertainty in the business community and lessen the economic benefits of the bill. It could also create future headaches. The 2003 Bush-era tax cuts, for example, were set to expire at the end of 10 years, though this created a fiscal cliff that Congress was forFed to deal with."

    The democrats could have fixed this but chose to play games.

    https://www.bloomberg.com/news...erhaul-quicktake-q-a



    “ The work of destruction is quick, easy and exhilarating; the work of creation is slow, laborious and dull.
     
    Posts: 6067 | Location: Outside Seattle | Registered: November 29, 2010Reply With QuoteReport This Post
    Mired in the
    Fog of Lucidity
    posted Hide Post
    quote:
    Originally posted by Scoutmaster:
    quote:
    Originally posted by downtownv:
    What a great Platform to run on "We promise to raise your Taxes"


    The way the masses would see this is "we will raise taxes on your neighbor and give the money to you". The reality is that they will raise taxes (income, social security, medicare, et al) on most people, take their largess from the top, and dole out the left-overs in a way to keep people dependent.




    Precisely. She's just pandering to her base.
     
    Posts: 4850 | Registered: February 10, 2007Reply With QuoteReport This Post
    Lighten up and laugh
    Picture of Ackks
    posted Hide Post
    quote:
    Originally posted by SapperSteel:

    I've had the exact same thought.

    This is all I can come up with:

  • Much of what the MSM is telling us about the coming "Democrat Wave" is just bullshit, what they want, what they fantasize about, not what is real. It's propaganda designed to promote/support the left.

  • The "Democrat Wave" propaganda (which includes all the anti-trump bullshit in all of its many colors and flavors) won't persuade any clear thinker to change his vote from "R" to "D". In fact it may possibly motivate some lazy "R" voters to get off their ass and actually go to the polls. To the extent that it does that it's a good thing.

  • The main problem is the sheeple (the ones who tune in, accept the propaganda at face value, and never bother to think), because they may be swayed by the MSM. The "Democrat Wave" propaganda effort may, in fact, motivate them to vote "D", adding votes that otherwise wouldn't have been there for the Democrats.

  • The hard-core leftists, the ones who truly believe in Hillary, who accept the evilness of the right as an irrefutable truth, and hold fast the belief that Trump is the anti-Christ/devil incarnate, were already highly motivated to vote "D". So the "Democrat Wave" propaganda won't have any effect on them, other than to lower their stomach acid level and calm them down somewhat.

  • I tend to agree with all your points. The first is especially interesting because this time two years ago they were saying the GOP didn't have a chance.
     
    Posts: 7934 | Registered: September 29, 2008Reply With QuoteReport This Post
    Ammoholic
    Picture of Skins2881
    posted Hide Post
    quote:
    Originally posted by Ackks:
    quote:
    Originally posted by SapperSteel:

    I've had the exact same thought.

    This is all I can come up with:

  • Much of what the MSM is telling us about the coming "Democrat Wave" is just bullshit, what they want, what they fantasize about, not what is real. It's propaganda designed to promote/support the left.

  • The "Democrat Wave" propaganda (which includes all the anti-trump bullshit in all of its many colors and flavors) won't persuade any clear thinker to change his vote from "R" to "D". In fact it may possibly motivate some lazy "R" voters to get off their ass and actually go to the polls. To the extent that it does that it's a good thing.

  • The main problem is the sheeple (the ones who tune in, accept the propaganda at face value, and never bother to think), because they may be swayed by the MSM. The "Democrat Wave" propaganda effort may, in fact, motivate them to vote "D", adding votes that otherwise wouldn't have been there for the Democrats.

  • The hard-core leftists, the ones who truly believe in Hillary, who accept the evilness of the right as an irrefutable truth, and hold fast the belief that Trump is the anti-Christ/devil incarnate, were already highly motivated to vote "D". So the "Democrat Wave" propaganda won't have any effect on them, other than to lower their stomach acid level and calm them down somewhat.

  • I tend to agree with all your points. The first is especially interesting because this time two years ago they were saying the GOP didn't have a chance.


    I agree mostly, but am hoping for the same kind of Hiliary effect, people assume the media is right and scores of seats are lost and the non hardcore dems stay home because they think they got it in the bag.



    Jesse

    Sic Semper Tyrannis
     
    Posts: 21357 | Location: Loudoun County, Virginia | Registered: December 27, 2014Reply With QuoteReport This Post
    Member
    Picture of cparktd
    posted Hide Post
    quote:
    Originally posted by Flashlightboy:
    Is anyone actually seeing more money in their checks? I haven't seen a single dime's worth of an increase and neither has anyone else in the office or anyone else that I know of.

    Do you know of anyone who's got more to spend than before? Seriously, I don't know anyone but I hear people talking about the windfall.


    Yes! My wife is. A nice little savings especially considering she doesn't
    make a lot to start with. No it's not a life changing amount but it is sure welcome. The vast majority of workers are getting a break.

    Here is a list of examples of the savings for jobs and income levels from $20,000 to $269,000 a year

    http://www.businessinsider.com...income-level-2017-12



    Collecting dust.
     
    Posts: 4226 | Location: Middle Tennessee | Registered: February 07, 2013Reply With QuoteReport This Post
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