My accountant says the REpublican Tax Reform RAISES my joint tax return by about $5,000.00 next year.
I know the Republicans hate California, but California already pays more tax per person than any other state.
Plus it is not a tax cut for anyone except billionaires.
It is a loan financed by $1.5 Trillion in new debt. Your families share is about $24,000.00 of new debt.
If the tax cuts given to billionaires and corporations were eliminated, your tax cut would be a $36,000 refund for every middle class taxpayer.
Instead Republicans gave to their lobbying donors.
Good luck with your $500 tax decrease or $5000 tax increase.
If the tax cuts given to billionaires and corporations were eliminated, your tax cut would be a $36,000 refund for every middle class taxpayer.
Instead Republicans gave to their lobbying donors.
Good luck with your $500 tax decrease or $5000 tax increase.
Sorry, but California pays the most Federal taxes per person of any state.
We fund the Trump supporters who are on welfare and getting free medical care at the emergency room.
It’s about time you paid your share of the federal taxes and funding for the loonie sanctuary state of California
Ha - I got out to a tax-free state just in time :) Thanks for funding the rest of us though.
It’s about time being stuck in Gr8 for 5 years with no pay raises and lowering RSU to L4. At least Uncle Sam is giving a hoot to us who are~not~ the 1%. Can’t wait for my refund!
I know of several who make ~50k . You must have your nose high in the clouds.. Or up someone's a--.
Most workers in the fabs only make $20ish/hr. You know, the people who actually make the product Intel sells.
Even H1B's get $130K at intel. Don't think anybody makes $50K at intel.
S---s to be you, OP. I'm gonna see a probably 3-5% drop and I make 50-75k/yr. Low for Intel, I know.. But that's what I get for being a lower life form in the Intel ecosystem.
Yep,
Moody's predicted houses will drop by 10% due to REPUBLICAN TAX INCREASE to California, East Coast, high home cost areas.
State income tax and property tax are limited to $10K.
Used to write off and got 1/3 back in april 15 refund.
Houses might drop by 1/3 or rent might go up by 1/3.
Probably, houses drop by 10% and rents rise by 20% until new equilibrium is reached.
Bad for both renters and owners.
But at least Billionaires got their tax cut that they paid lobbiests to pay the REpublicans.
Topic drift.
Admin - Please delete thread.
Nobody has any sympathy for you. California has dug this hole and it's time for you to pony up and fill it yourself.
My taxes are going down by about $2000. Go cry to Jerry Brown and tell him you need a working class tax break
@ffo- so you live in California where Democrats are in complete control of the legislation and Governorship with the highest state income tax, but Republicans are the ones who hate the working class...😂😂😂😂😂😂😂😂😂😂😂!
You are exhibit A for the definition of a Libtard.
Definitely a tax INCREASE for Californians .
Republicans hate the working class.
@cvl- posting more leftist talking points. It's Democrats who don't give a sh1t about the middle class and are in pockets of Wall Street along with Hollywood. All the left cares about is illegals and refugees to expand their shrinking base.
Significant tax cuts are only for the top 1% and huge corporations. Middle class gets the shaft and a tax increase. This is just the pinnacle of the decades-long Republican quest to dismantle the middle class. Their ultimate goal is a small elite-funded oligarchy and masses of the poor and uneducated that can be easily fooled and manipulated by the fake news machine as Trump's election has shown in stark terms.
Topic drift.
Admin - Please delete thread.
Nice fairy tale Bruh but you are an unemployed loser.🍔🍟
"Plus it is not a tax cut for anyone except billionaires."
--> The fakest of fake news. It's the exact opposite!
Seriously, Is your accountant some illegal in a sanctuary city? Fire that dumba**!
You need to be making 1M+ a year before this becomes a tax increase. About 1Mil is the point where the 3-4% rate reduction gets swamped out by the SALT cap.
Spend 2 mins and look up the new tax brackets....even cnn.com doesn't claim what you are claiming.