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How will Trump’s tax INCREASE affect you?


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If you want to pay more in taxes, please do so. Or…if you want to give money to the good work of a cause, charity, or non profit you appreciate please to do so. But please stop demanding that OTHER people, who already pay more than you, pay more in taxes. It’s a ridiculous and petty position to take. I couldn’t care less what a billionaire is paying in taxes. It’s proven to have zero impact on the ability of the federal government to overspend whatever amount they take in. Once the government proves they can live within its means, then we can start the discussion of what other programs we need as a society and how much everyone is willing to chip in for them. Until that time…..STFU! (Sorry)

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Just now, SoCal Deek said:

If you want to pay more in taxes, please do so. Or…if you want to give money to the good work of a cause, charity, or non profit you appreciate please to do so. But please stop demanding that OTHER people, who already pay more than you, pay more in taxes. It’s a ridiculous and petty position to take. I couldn’t care less what a billionaire is paying in taxes. It’s proven to have zero impact on the ability of the federal government to overspend whatever amount they take in. Once the government proves they can live within its means, then we can start the discussion of what other programs we need as a society and how much everyone is willing to chip in for them. Until that time…..STFU! (Sorry)


Here’s the crazy thing.  People making good money already pay a shitload in taxes.   If you live in CA and are a single filer and make $500,000 which is good money but not Uber wealthy you pay between Fed/State/Payroll your total income taxes are 48%.  Can someone explain why/how this is a good thing.  

12 minutes ago, Doc said:


Twitter was supposed to be the playground for the left. Elon took their sandbox away. 


Twitter is not OUR social media.  

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4 minutes ago, Chef Jim said:


Here’s the crazy thing.  People making good money already pay a shitload in taxes.   If you live in CA and are a single filer and make $500,000 which is good money but not Uber wealthy you pay between Fed/State/Payroll your total income taxes are 48%.  Can someone explain why/how this is a good thing.  

 

People can argue all day long about how much is the ‘right’ amount. But…what other people pay in taxes has virtually zero impact on your life. It’s just divisive rhetoric meant to pit one group against another. Which is of course the ultimate goal of the Left. 

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9 minutes ago, SoCal Deek said:

So we endured years of yapping about Trump’s tax returns for THIS? You’ve got to be kidding….right? 


We all knew it was a nothing burger.  It’s pretty much impossible for someone of that stature to cheat on his taxes. 

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Just now, Chef Jim said:


We all knew it was a nothing burger.  It’s pretty much impossible for someone of that stature to cheat on his taxes. 

Of course they knew this. What they wanted to capitalize on was the volatility  in the returns of a Real Estate Developer. (I’ve worked with many.) 

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34 minutes ago, SoCal Deek said:

Of course they knew this. What they wanted to capitalize on was the volatility  in the returns of a Real Estate Developer. (I’ve worked with many.) 


The volatility in any risky investors.  I remember day traders after the tech bubble burst losing hundred of thousands if not millions of dollars and still owing hundreds of thousands in cap gains taxes. 

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Just now, Chef Jim said:


The volatility in any risky investors.  I remember day traders after the tech bubble burst losing hundred of thousands if not millions of dollars and still owing hundreds of thousands in cap gains taxes. 

People drive by literally hundreds of ‘For Lease’ signs on a daily basis and never stop to think that somebody is footing the monthly bill for that empty space. They just drive by. 

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9 minutes ago, SoCal Deek said:

People drive by literally hundreds of ‘For Lease’ signs on a daily basis and never stop to think that somebody is footing the monthly bill for that empty space. They just drive by. 


Yup that’s the risk.  We Airbnb’s our house for about a year before we retired to it.  Made great money.  It’s all about marketing. 

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