https://www.yahoo.com/news/trump-says-propose-tax-cuts-prior-november-003007671.html Trump promises more Tax cuts (for the rich) are coming before the November midterm elections, in which the Democrats look to take back control. Looks like Donnie is getting worried, and wants to help his friends and himself to a little more money while he can.
Or, the first tax cuts did wonders for taxpayers at all levels, so maybe it follows logically that letting people keep even more of their own money might be a good thing?
They haven't done anything yet. They take affect next tax season. Oh, and they won't do wonders for tax payers at all levels. The rich will reap by far the best benefits.
Withholding amounts were supposed to be adjusted by employers no later than March 1st to account for the changes in the tax code, so people started seeing increases in their take home pay months ago.
Yep. My niece is making minimum wage, and she's taking home noticeably more money every payday with no change in hours. Her father works for the state, and his take home pay has increased.
You live in a bubble of denial. The economy here in Beautiful Central Oregon is rocking and rolling like never before. Seriously, every career field you can think of is thriving and new businesses are starting up at a steady rate. People are moving here from every state in the Union. Real Estate is busy and prices are strong but historically correct. Such an amazing difference from the last 40+ years, an actual stable economy across the board.
My take-home had gone up quite a bit. Will see how much I owe next tax time. Not spending any of the money.
In the mean time the air gets dirtier, the water becomes more polluted, insurance rates are climbing, gas prices climbing, more people are losing their health insurance and the banks can start scamming again. Isn't it wonderful.
Most of this is untrue. What is true is the Obama Individual Mandate is gone, saving me thousands of dollars. Because I have no insurance (Obamacare price is now over $20,000 year for my wife and I) I get a 40% discount from my Dr., the Med Center, and the hospital. Gas is about where it's been off-and-on since 2002. The air is clear here, my auto and home insurance both WENT DOWN considerably as did my Verizon bill. Banks will always scam, they never stopped. They, with Bush/Obama's TARP-DoddFrank shell game, scammed US out of over $400 billion.
It will count for more than the entire tax returns that were pilfered from me for two years in a row under the shitty, unethical individual mandate.
A mandate that was written by Republicans and The Heritage Foundation who passed Romneycare before Obama ever laid pen to pad.
Are you suggesting Obama was willing to put his name all over a disastrous bill written by greedy Republicans? I believe it.
There's this thing...it's called fucking people over. It's easy to compromise when your pockets are getting filled. The only people politicians refuse to compromise with are the ones they are supposed to be representing.
