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Posted on: January 24, 2017 at 14:15:55 CT

o'lineydisciple MU

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M.O.B. Votes:

So if the standard deduction is $12,000, and the first $75,000 is taxed at 12% ($9,000), that would have nobody paying tax until they earned $87,000?

Must admit, didn't read the link, only your post.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

Update on Trump's Income Tax plan... - SuperTone MU

- 1/24 12:12:11

wait - o'lineydisciple MU - 1/24 14:15:55

So raising taxes on the bottom two classes - catbirdseat MU

- 1/24 13:45:53

Beats the hell out of what we got. I love it.(nm) - GA Tiger MU - 1/24 13:02:34

Needs a couple more brackets. $1 million + - Hbombtiger STL - 1/24 12:50:17

RE: Needs a couple more brackets. $1 million + - MOCO SON MU - 1/24 13:29:56

lol you want to take half of someone's income?(nm) - Ragnar Danneskjold MU

- 1/24 13:24:51

No, he wants more than that. state taxes, sales taxes, etc.. - RHAYWORTH MU - 1/24 13:29:52

That is so stupid. Why do we want to raise our children in - GODZILLA MU - 1/24 13:15:20

that's insane (nm) - Sal KC - 1/24 13:08:59

Immoral (nm) - pickle MU

- 1/24 12:53:42

why?(nm) - hefeweizen MU

- 1/24 12:52:35

Ridiculous (nm) - pickle MU

- 1/24 12:32:12

wrong board.(nm) - SuperTone MU

- 1/24 12:33:02

ooh, that's enough insentive to increase my deductions a - dangertim MU

- 1/24 12:13:55

if they get rid of all the loopholes, it sounds like a great - SuperTone MU

- 1/24 12:17:28

loopholes or deductions?(nm) - hefeweizen MU

- 1/24 12:17:53

Same thing. (nm) - Sarazen MU - 1/24 12:26:23

depends on who you ask of course(nm) - hefeweizen MU

- 1/24 12:26:41

With a flat tax you can eliminate both.(nm) - DHighlander KC - 1/24 12:19:16

Um, no. Because with a flat tax, you still have to discern - ummmm MU - 1/24 13:19:10

Is that what this is? 3 flat tax rates?(nm) - hefeweizen MU

- 1/24 12:22:59

I don't think so. I haven't seen trump eliminating - SuperTone MU

- 1/24 12:33:27

But it would be if he gets rid of those loopholes you - hefeweizen MU

- 1/24 12:34:45

I think the loopholes are associated with the games - SuperTone MU

- 1/24 12:44:27

loopholes=deductions(nm) - hefeweizen MU

- 1/24 12:45:30

He has not said anything about going after deductions. - SuperTone MU

- 1/24 12:46:32

If they are then I will see a major tax increase(nm) - hefeweizen MU

- 1/24 12:47:36

You have quite the deductions to break the $30k mark.(nm) - SuperTone MU

- 1/24 12:48:19

since he is a negotiator, the final wont be that(nm) - hefeweizen MU

- 1/24 12:50:03

oh, OK. So assuming things again.(nm) - SuperTone MU

- 1/24 12:51:18

you have to at this point. I dont blame you though(nm) - hefeweizen MU

- 1/24 12:52:16

if true, never mind on my deductions(nm) - dangertim MU

- 1/24 12:26:04

standard joint deduction would be $30k+ - SuperTone MU

- 1/24 12:40:03

and my taxes are going up bigly(nm) - hefeweizen MU

- 1/24 12:26:24

same(nm) - dangertim MU

- 1/24 12:27:13

good luck to Donny on selling a yuge middle class - hefeweizen MU

- 1/24 12:28:49

It would be a 2% reduction in taxes owed for me(nm) - SuperTone MU

- 1/24 12:42:45

If my current deductions are eliminated, looks like - hefeweizen MU

- 1/24 12:45:11

I doubt they all are - FootballRefugee MU

- 1/24 13:25:48

yeaaaaaaaaaaaah - TheShoe STL - 1/24 12:53:07

My deductions would increase by $10k+ with this plan.(nm) - SuperTone MU

- 1/24 12:47:04

he won't need to. - FootballRefugee MU

- 1/24 12:37:57