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A tax plan that BEGINS straightening out our mess.....
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Nov 5, 2017 17:35:11   #
nakkh Loc: San Mateo, Ca
 
Spending is up, still in the black.
I'm 100% behind balancing the budget through plugging tax loopholes
for corporations like GE also raising taxes on the top 5% and through
making government more efficient through technology and other means.

Just cutting taxes never A) stimulates the economy B) lowers the defect.

Cykdelic wrote:
Again, you're wrong on tax cuts. Your data is missing.


Let's see......yes, that's right.......Cali's GDP growth has dropped. Glad you finally agree with some data.

Now.....please learn to fcuking read!!! I will try for the third time.....KANSAS HAS A BERY HOMOGENOUS ECONOMY SO WHEN THINGS FAIL, THEY FAIL BIG.

Not Cali........KANSAS! Please read and comprehend!

As for Cali, their overall state spending is UP, not down. Again, you're wrong.

Russian stooge? Hey, show us all the pics of trump hugging/mugging with a lad, because they are out there with crooked Hil, and as far as stooges go donut forget Obama and his room to maneuver after his ree******n, Boom!

Again, nice try in the 1% fishing expo. I DO know you're not in it, though.

CBO? Cute outfit with a severely flawed methodology (static, modeled, 10 year fixation, etc)

Perhaps you should try running yourself thru a model.....try this one.......

Taxes - calculator:
https://www.calcxml.com/calculators/trump-tax-reform-calculator;jsessionid=77B186F26CC09C1D939558F765208B3A?skn=#results
Again, you're wrong on tax cuts. Your data is miss... (show quote)


Kansas is a study in the failure of republican tax cuts. No more excuses... Tax cuts have never payed for themselves.

Also, Trump wants to spend a trillion on Infrastructure where's that money coming from?
He also wants to modernise nukes. that's 800 billion. Where's that money coming from?
He also wants to build that stupid wall for 40 billion. Where's that money coming from?
More tax cuts?

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Nov 5, 2017 19:10:42   #
Cykdelic Loc: Now outside of Chiraq & Santa Fe, NM
 
nakkh wrote:
Spending is up, still in the black.
I'm 100% behind balancing the budget through plugging tax loopholes
for corporations like GE also raising taxes on the top 5% and through
making government more efficient through technology and other means.

Just cutting taxes never A) stimulates the economy B) lowers the defect.



Kansas is a study in the failure of republican tax cuts. No more excuses... Tax cuts have never payed for themselves.

Also, Trump wants to spend a trillion on Infrastructure where's that money coming from?
He also wants to modernise nukes. that's 800 billion. Where's that money coming from?
He also wants to build that stupid wall for 40 billion. Where's that money coming from?
More tax cuts?
Spending is up, still in the black. br I'm 100% be... (show quote)



I'm not here to argue trump or wh**ever programs you want to deflect to.......cutting taxes INCREASES federal revenues and stimulates the economy UNTIL our elected i***ts overspend out, period.

If you can't follow this you're slow.

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Nov 5, 2017 20:12:59   #
nakkh Loc: San Mateo, Ca
 
Right- because when you cut revenue you magically get more revenue.
Oh you're as bad as Eyesawyou.

Cykdelic wrote:
I'm not here to argue trump or wh**ever programs you want to deflect to.......cutting taxes INCREASES federal revenues and stimulates the economy UNTIL our elected i***ts overspend out, period.

If you can't follow this you're slow.


//Outa here.

Reply
 
 
Nov 5, 2017 20:27:51   #
Cykdelic Loc: Now outside of Chiraq & Santa Fe, NM
 
nakkh wrote:
Right- because when you cut revenue you magically get more revenue.
Oh you're as bad as Eyesawyou.



//Outa here.



Your inability to read and do simple research is saddening. You're just plain wrong on the facts, jack. Just fcuking look up the numbers and step away from the political dogma......it's true from JFK to Reagan to Clinton to GWB.

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Nov 5, 2017 21:15:21   #
nakkh Loc: San Mateo, Ca
 
Cykdelic wrote:
Your inability to read and do simple research is saddening. You're just plain wrong on the facts, jack. Just fcuking look up the numbers and step away from the political dogma......it's true from JFK to Reagan to Clinton to GWB.



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Nov 5, 2017 21:38:20   #
SharpShooter Loc: NorCal
 
Cykdelic wrote:
Note that 71% of tax filers do NOT itemize......these people will have a doubling of their standard deduction which will have a positive effect on any taxes paid, period. There is no discussion on this.

Of the remaining 29% of filers they will have an option of either using the new doubled-standard deduction OR itemizing under the new rules with the new rates (see data, below).

As you can see it is not until the $200-$250 category that the decision to itemize becomes an issue of decisions under the new proposals. Hardly middle class, folks.

Will there be someone out there who can pay more taxes? Of course, especially since it's suspected a large portion of people fudge their taxes.


(Data Based on Preliminary 2014 IRS Statistics)

"Based on the latest IRS statistics, itemized deductions were claimed on only 29 percent of all tax returns filed but represented an estimated 57 percent of the total deductions. The average for total itemized deductions (after limitation) was $26,374, a 3.2-percent increase from the average of $25,568 for 2013.

The following are preliminary figures released by the IRS (their reports lag behind the current tax year because of the time needed to compile figures). These are averages only. The IRS cautions taxpayers that they should not base their claimed deductions on these figures.

The numbers are useful, however, for two purposes:

to see if your actual deduction is out of line (so you can take extra care to document your claim); and
to see if the deductions meet the expectations of policymakers.

Also, note that these averages take into account only those individuals who claimed an itemized deduction for that type of expense. Zero deductions are not factored in. Thus, the “average” taxpayer with adjusted gross income between $50,000 and $100,000 did not take an “average” medical expense deduction of $9,614, only the “average” taxpayer who itemized and claimed a medical expense deduction did."

ADJUSTED GROSS INCOME MEDICAL EXPENSES TAXES INTEREST CHARITABLE CONTRIBUTIONS
under $15,000 $8,787 $3,566 $7,129 $1,427

$15,000 to
$30,000. $8,477 $3,376 $6,619 $2,339

$30,000 to
$50,000. $8,209 $4,098 $6,511 $2,594

$50,000 to
$100,000. $9,614 $6,679 $7,553 $3,147

$100,000 to
$200,000. $11,122 $10,983 $9,147 $4,130

$200,000 to
$250,000. $18,092 $17,763 $11,642 $5,786

$250,000 or more. $36,992 $50,679 $16,982 $21,596
b Note that 71% of tax filers do NOT itemize........ (show quote)



SS

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Nov 5, 2017 22:24:57   #
EyeSawYou
 
nakkh wrote:
Right- because when you cut revenue you magically get more revenue.
Oh you're as bad as Eyesawyou.



//Outa here.


Yes it's true that when you cut taxes it increases gov revenue and has been proven over and over again. "Bill Clinton in 1997 dropped the cap gain tax from 28% to 20% and G Bush cut it to 15%, and in EACH instances..when the rate dropped...revenue from the tax INCREASED. The Gov took in more money, and in the 1980's when the tax was increased to 28%..the revenues went DOWN". <<<<why can't you Libtards get that through your thick c*******ts skulls??

https://www.youtube.com/watch?v=54jr3Ceu894

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Nov 5, 2017 22:31:44   #
Cykdelic Loc: Now outside of Chiraq & Santa Fe, NM
 
You are correct.......you keep beating that dead progressive horse of demonization of tax cuts!

Sooooo glad you learned your lesson!

Reply
Nov 5, 2017 23:16:10   #
EyeSawYou
 
Cykdelic wrote:
You are correct.......you keep beating that dead progressive horse of demonization of tax cuts!

Sooooo glad you learned your lesson!


He learned something all on his own? lol

Reply
Nov 6, 2017 09:52:39   #
nakkh Loc: San Mateo, Ca
 
A 1.5 trillion dollar hole.

EyeSawYou wrote:
Yes it's true that when you cut taxes it increases gov revenue and has been proven over and over again. "Bill Clinton in 1997 dropped the cap gain tax from 28% to 20% and G Bush cut it to 15%, and in EACH instances..when the rate dropped...revenue from the tax INCREASED. The Gov took in more money, and in the 1980's when the tax was increased to 28%..the revenues went DOWN". <<<<why can't you Libtards get that through your thick c*******ts skulls??

https://www.youtube.com/watch?v=54jr3Ceu894
Yes it's true that when you cut taxes it increases... (show quote)

You are a laughing stalk. Every single republican budget cut has resulted in a larger defect.
Time to stop lying.

Reply
Nov 7, 2017 19:40:43   #
nakkh Loc: San Mateo, Ca
 
http://thehill.com/policy/finance/359224-tax-plan-would-hardly-boost-growth-add-trillions-to-deficit-study

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