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ElGroucho posted:My chud neighbor lost his mind when I told him that I, a brown person, would actually pay less taxes this year under his retarded hero, while he was paying more lol hell yeah
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Feb 5, 2019 18:10
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ElGroucho posted:My chud neighbor lost his mind when I told him that I, a brown person, would actually pay less taxes this year under his retarded hero, while he was paying more Oh thats the stuff
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Feb 5, 2019 18:22
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https://twitter.com/DennisMJordan/status/1092784259864109057?ref_src=twsrc%5Etfw
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Feb 5, 2019 18:28
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Mr.Pibbleton posted:I've had to explain tax brackets to people of various ages at the last three jobs I've worked. In other countries these things aren't huge pitfalls for the unwary, basically. We shouldn't have to legislate a scam avoidance class bc the scammers are too influential to oppose directly
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Feb 5, 2019 18:33
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All high schools should have a life skills class that explains taxes, car buying, stock investing, job applications, loans. Mine had one and it was really beneficial.
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Epic High Five posted:https://twitter.com/DennisMJordan/status/1092784259864109057?ref_src=twsrc%5Etfw lmao https://twitter.com/HollieLeMay/status/1092825646617845760
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Feb 5, 2019 18:39
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Epic High Five posted:https://twitter.com/DennisMJordan/status/1092784259864109057?ref_src=twsrc%5Etfw https://www.youtube.com/watch?v=g-nMGtaAoXw
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Feb 5, 2019 18:46
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I'm digging the 100% pure selfishness in his politics. All he cares about is maximizing the money is his pocket. Foreign policy, social issues, the impending climate catastrophe, nazis marching in the streets, babies in cages? None of that matters, just which party leaves me with the most money at the end of the day. Purestrain FYGM.
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Feb 5, 2019 18:46
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lmao so smoothbrained that you think a tax increase isnt a tax increase and that it's good to pay more in taxes because you literally get nothing in return
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Feb 5, 2019 18:47
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Antifa Turkeesian posted:Is there any chance these people actually stay home next year? I'm sure whoever the candidate is for the dem some rando site will come out that they have been divorced once and they'll run to the polls and pull straight ticket R.
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Feb 5, 2019 18:48
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MAGA-folks getting pissed because they can't do arithmetic and didn't realize they got their "tax cut" through changes in the withholding tables throughout the year (and SALT deductions primarily go to higher earners so they probably didn't get those) live by the dumb sword, die by the dumb sword. that's a lol, friend
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Feb 5, 2019 18:48
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look you're paying more in taxes but it's not a tax increase because it's still better than socialism
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Feb 5, 2019 18:48
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A year for this payoff and it's all worth it
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Feb 5, 2019 18:50
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lmao goddamn, I reflexively checked the bottom of my boots to see if there was saliva on them after reading this and I'm not even a 1%er
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Feb 5, 2019 18:58
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they didn't increase taxes, only the amount of taxes you have to pay, good thing you also didn't spend the last decades voting over and over for austerity measures to gut social programs and the safety net so that you can at least enjoy expanded services as a result of the influx of middle class money!!!!
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Feb 5, 2019 19:02
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Hey, taxes went up but at least we ain't getting expanded services.
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Feb 5, 2019 19:02
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lol, sucks that we're paying more, but at least we're not getting any services in return!
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Feb 5, 2019 19:15
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ElGroucho posted:My chud neighbor lost his mind when I told him that I, a brown person, would actually pay less taxes this year under his retarded hero, while he was paying more I'm not an American, so may I ask why this was? Also, you should crosspost this beautiful post into the Schadenfreude thread 
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Feb 5, 2019 19:41
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Even with these things I refuse to understand, at least it's not this other thing I refuse to understand.
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Feb 5, 2019 19:42
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HobbitGrease posted:MAGA-folks getting pissed because they can't do arithmetic and didn't realize they got their "tax cut" through changes in the withholding tables throughout the year (and SALT deductions primarily go to higher earners so they probably didn't get those) The best part of this is that the Trump admin did this on purpose so people would have more money in their paychecks after the tax bill passed to make it look like the tax bill did more than it did.
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Feb 5, 2019 19:56
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gonna lol when these guys are in a mcdonalds brand gulag telling themselves that it's preferable to socialism
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Feb 5, 2019 20:29
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is there any good summary on why specifically so many chuds are getting hit on their taxes by the tax law changes? my return was smaller this year but not significantly so. but my taxes are also super simple and i don't have any dependants or anything, im just your average salaried wage slave.
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Feb 5, 2019 20:30
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100 HOGS AGREE posted:is there any good summary on why specifically so many chuds are getting hit on their taxes by the tax law changes? my return was smaller this year but not significantly so. It's this: Jarmak posted:The best part of this is that the Trump admin did this on purpose so people would have more money in their paychecks after the tax bill passed to make it look like the tax bill did more than it did.
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Feb 5, 2019 20:33
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100 HOGS AGREE posted:is there any good summary on why specifically so many chuds are getting hit on their taxes by the tax law changes? my return was smaller this year but not significantly so. 2) a lot of middle-class deductions got axed
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Feb 5, 2019 20:33
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100 HOGS AGREE posted:is there any good summary on why specifically so many chuds are getting hit on their taxes by the tax law changes? my return was smaller this year but not significantly so. It's a chud hobby to make sure that the evil IRS gets as few of your dollars as possible, so they're probably just failing at rules lawyering.
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Feb 5, 2019 20:34
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they thought they were benefiting from it just long enough to vote for Republicans again lol it's also why the IRS offered no guidance for HR departments on how to handle withholdings and stuff, because if they did they'd of given up the game
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Feb 5, 2019 20:34
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100 HOGS AGREE posted:is there any good summary on why specifically so many chuds are getting hit on their taxes by the tax law changes? my return was smaller this year but not significantly so. lots of deductions removed if you think the chuds are riled now, wait til next season when the deduction for alimony payments is removed
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Feb 5, 2019 20:36
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they must be doing dumb poo poo because I changed literally nothing on my w-4 and my poo poo is nearly identical to last year's return
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Feb 5, 2019 20:37
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100 HOGS AGREE posted:is there any good summary on why specifically so many chuds are getting hit on their taxes by the tax law changes? my return was smaller this year but not significantly so. Not sure if anything has been written on it but I think it is due to the elimination of mortgage deductions and although many aren’t seeing huge increases they were all expecting huge refunds this year. The real pain will come in 5 years when the individual tax breaks expire and tax liability skyrockets.
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Feb 5, 2019 20:37
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Nodelphi posted:Not sure if anything has been written on it but I think it is due to the elimination of mortgage deductions and although many aren’t seeing huge increases they were all expecting huge refunds this year. The real pain will come in 5 years when the individual tax breaks expire and tax liability skyrockets. yeah I only barely deducted my mortgage interest last year (got like 400 bucks over the standard deduction) but I also got a small, cheap house. so i guess between whatever changes and the standard deduction doubling it all just evened out.
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Feb 5, 2019 20:38
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lol at anyone who has enough property and wealth to be able to take anything other than the standard deduction
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Feb 5, 2019 20:46
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Plank Walker posted:wait til next season when the deduction for alimony payments is removed does that mean it won’t be taxed in the recipient’s hands? I bet a lot of agreements are going to get reopened if that’s the case
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Feb 5, 2019 20:47
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Plank Walker posted:lots of deductions removed wow that sounds like exactly the type of tax change donald trump would've personally forced them to remove from the final bill
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Feb 5, 2019 20:48
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Al ! posted:lol at anyone who has enough property and wealth to be able to take anything other than the standard deduction they doubled the child tax credit as well as enormously raised the income cap it starts to phase out at from $75k ($110k for joint filers) to $200k ($400k for joint filers)
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Feb 5, 2019 21:03
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Dixie Cretin Seaman posted:wow that sounds like exactly the type of tax change donald trump would've personally forced them to remove from the final bill You think Trump actually knew what was in the bill, that's adorable
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Feb 5, 2019 21:11
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There were plenty of analysts who said that FY 2021 was when the GOP could no longer hide that their bill was an increase on the middle class and a huge giveaway to business and the wealthy. Guess it's starting early.
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Feb 5, 2019 21:12
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Powered Descent posted:You think Trump actually knew what was in the bill, that's adorable what i think is that trump, a rich guy with two ex-wives, never misses an opportunity to personally profit from his presidency thread content: https://twitter.com/EricKleefeld/status/1092868172125007872
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Feb 5, 2019 21:15
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Dixie Cretin Seaman posted:what i think is that trump, a rich guy with two ex-wives, never misses an opportunity to personally profit from his presidency You bet your rear end that he had a hand in the changes that they made to the AMT.
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Feb 5, 2019 21:42
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The tax bill was insanely lucrative for the very rich (AMT change, etc.) and they were passing it with reconciliation, so it couldn't be filibustered, and I think also some other stuff had been passed using a budgetary technique that passed their costs onto annual reconciliation (??) so the long and short of it was there was a pretty low cap on how much the tax bill could cost. They pushed a lot of the cost-saving terribles way out because democrats are suckers who will always prevent those from hitting, wasting their own reconciliations cleaning up the mess while republicans can use them to trigger reconciliation. However, given the massive costs of what they were giving to the rich, they had to actually dump a shitload on the middle class, that's how you have the mortage deduction, alimony deduction, etc. stuff. There was literally no other way to pass the bill, so they did pass some exemptions for commercial real estate developers at trump's request, but otherwise they had to do a ton of damage to their base to benefit their donors. The mortgage stuff in particular is massive if you're a dimwit overleveraged dentist living in a mcmansion in athens, georgia or whatever.
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Feb 5, 2019 22:28
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Halloween Jack posted:There were working-class voters who voted for Trump mostly out of economic concerns and resentment of an establishment they don't understand. But they're not the ardent #MAGA people on social media. If they ever were, it was during the primary and they've cooled on him since then. https://twitter.com/DennisMJordan/status/1092784259864109057?s=19 https://twitter.com/DennisMJordan/status/1092785884263600129?s=19
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Feb 5, 2019 22:38
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He almost gets it. It's adorable.
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Feb 5, 2019 22:56
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