New Tax Plan(s) calculator
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Thread: New Tax Plan(s) calculator

  1. #1
    Senior Member ths61's Avatar
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    New Tax Plan(s) calculator

    Check out what the new tax plan will supposedly do for you in your home state. It compares 4 tax plans.

    Scroll down to the bottom to see the comparison of the first 2 plans (house and senate) compared to the current tax plan and passed tax plan.

    http://taxplancalculator.com/

  2. #2
    Senior Member willtill's Avatar
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    Looks like I'll save roughly a little over 5K

    Thanks gosh for a little tax relief. The Democrats gotta be stroking out over this...


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    Senior Member taxfree4's Avatar
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    Much better than Obama's Tax Plan



    Equitare solum equitare amplius

  4. #4
    Senior Member ths61's Avatar
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    Quote Originally Posted by taxfree4 View Post
    Much better than Obama's Tax Plan

    You forgot the service and processing fees.

  5. #5
    Senior Member F6Bster's Avatar
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    That's a pretty good, simple calculator. I had roughly figured that the new law would save me about $1100/year here in Colorado, that this program calculated pretty much the same thing.
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    Like everything it could change next year, on 10 year plan I save about $5.5k at the same time those who made calculater estimate my share of added national debt of this plan increases about $4.7k. The bottom of top 90% incomes save $1 million and their share of debt, $4.7k. With record profits amd unemployment so low we were in position to likely reduce our national debt

  7. #7
    Senior Member taxfree4's Avatar
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    Quote Originally Posted by lake_carl View Post
    Like everything it could change next year, on 10 year plan I save about $5.5k at the same time those who made calculater estimate my share of added national debt of this plan increases about $4.7k. The bottom of top 90% incomes save $1 million and their share of debt, $4.7k. With record profits amd unemployment so low we were in position to likely reduce our national debt
    You will never reduce/pay off the debt and it will keep growing every year no matter what. Reagan doubled the $ going to the Treasury and it grew steadily because if you don't have spending cuts, although Congress promised and never did, you will never reduce it. We are a debt based society and unless we stop using Federal Reserve Notes we will always in debt based commerce.
    Equitare solum equitare amplius

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    Moderator BIGLRY's Avatar
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    Quote Originally Posted by taxfree4 View Post
    You will never reduce/pay off the debt and it will keep growing every year no matter what. Reagan doubled the $ going to the Treasury and it grew steadily because if you don't have spending cuts, although Congress promised and never did, you will never reduce it. We are a debt based society and unless we stop using Federal Reserve Notes we will always in debt based commerce.
    True that be!!!

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  9. #9
    Senior Member taxfree4's Avatar
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    Quote Originally Posted by BIGLRY View Post
    True that be!!!
    We have been in debt since the signing of the Constitution. Ben Franklin went to France on behalf of the colonies and borrowed, under the title plenipotentiary (look that up), 20 million dollars in gold from the king of France to be paid back by 1782, that never happened...purposely. 1789 comes along and there is a clause in the Constitution, Article VI "All debts contracted and engagements entered into, before the adoption of this Constitution, shall be as valid against the United States under this Constitution, as under the Confederation." So in other words the newly formed government was in debt 20 million dollars. Ben Franklin shoved a lightning rod up our asses and did a rain dance. We will never be out of debt.
    Equitare solum equitare amplius

  10. #10
    Moderator BIGLRY's Avatar
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    Quote Originally Posted by taxfree4 View Post
    We have been in debt since the signing of the Constitution. Ben Franklin went to France on behalf of the colonies and borrowed, under the title plenipotentiary (look that up), 20 million dollars in gold from the king of France to be paid back by 1782, that never happened...purposely. 1789 comes along and there is a clause in the Constitution, Article VI "All debts contracted and engagements entered into, before the adoption of this Constitution, shall be as valid against the United States under this Constitution, as under the Confederation." So in other words the newly formed government was in debt 20 million dollars. Ben Franklin shoved a lightning rod up our asses and did a rain dance. We will never be out of debt.
    Plenipotentiary: A person, especially a diplomat, invested with the full power of independent action on behalf of their government, typically in a foreign country.
    Kinda like what Hillary thought she was?
    Thank you for the history lesson professor emeritus.

    The guy who invented the first wheel was an idiot -
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