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ths61
12-21-2017, 02:12 AM
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/

willtill
12-21-2017, 06:15 AM
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... :icon_mrgreen:

taxfree4
12-21-2017, 03:33 PM
Much better than Obama's Tax Plan



https://s31.postimg.org/4ofhqteqv/simplified-tax-form.jpg (https://postimg.org/image/4ofhqteqv/)

ths61
12-21-2017, 06:26 PM
Much better than Obama's Tax Plan

https://s31.postimg.org/4ofhqteqv/simplified-tax-form.jpg (https://postimg.org/image/4ofhqteqv/)

You forgot the service and processing fees.

F6Bster
12-21-2017, 07:13 PM
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.

lake_carl
12-22-2017, 08:55 AM
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

taxfree4
12-22-2017, 12:59 PM
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.

BIGLRY
12-22-2017, 05:02 PM
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.
:lolup: True that be!!!

taxfree4
12-22-2017, 08:10 PM
:lolup: 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.

BIGLRY
12-23-2017, 12:44 AM
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.
:lolup: Kinda like what Hillary thought she was?
Thank you for the history lesson professor emeritus.

taxfree4
12-23-2017, 11:52 AM
Plenipotentiary: A person, especially a diplomat, invested with the full power of independent action on behalf of their government, typically in a foreign country.
:lolup: Kinda like what Hillary thought she was?
Thank you for the history lesson professor emeritus.

Like my father used to tell me "You're an idiot savant, but I'm only half right"

BIGLRY
12-23-2017, 12:25 PM
Like my father used to tell me "You're an idiot savant, but I'm only half right"
Yea, and my dad told me I fell off a turnip truck...I always told him, yea, but at lest is wasn't last night.:icon_lol:

https://4.bp.blogspot.com/-OIKJVm6ROhY/WCd_RFHaBQI/AAAAAAAAJVA/Q9Chj8jNMYYDI8DWqzkawYbj46w9fsU_wCPcB/s320/turnip%2Btruck.0.gif