Thanks Trump

[KRAM36]

Originally Posted by Perfectlap

You know not that this isn't anything you haven't been told your whole life, but insulting people that you feel intellectually superior to doesn't make you look any smarter. If anything it probably confirms their opinions of you. If you lack the ability to engage in simple debate without resorting to ad hominem then you are correct in staying exactly where you are.

With the way you don't understand the difference between Federal, State and Local Taxes, it's no wonder your State has such a high tax rate. You have been living off the Federal Tax system giving you higher subsidies and now that those subsidies have been reduced. You're complaining about a higher tax rate, when it's your State and Local tax rate you should be complaining about. The Federal Government is still giving you a subsidy, just not as high as it was before. Vote in people that will lower your State and Local tax rates or live with consequences and stop complaining. I cringe when I hear people leaving States like California, New York, New Jersey and Illinois as I don't want them turning my State into what they ran away from.

Seriously, since the new Federal tax bill was singed into law, it has been known that States like yours would be hit the hardest because of your State's higher tax rate and the lower Federal subsidy.

I would say if you came out owing nothing and getting nothing back, your taxes were paid perfectly. As maytag pointed out, why are you giving the Federal Government a free loan? All the years you got back money on your Federal taxes, you could have used that money to gain interest for you or paid off a loan faster to reduce the interest paid. Or had more money in your pocket to help your parents right then and there instead of waiting on that free loan you gave the Government to be paid back to you.

[Starter986]

Originally Posted by KRAM36

With the way you don't understand the difference between Federal, State and Local Taxes, it's no wonder your State has such a high tax rate. You have been living off the Federal Tax system giving you higher subsidies and now that those subsidies have been reduced. You're complaining about a higher tax rate, when it's your State and Local tax rate you should be complaining about. The Federal Government is still giving you a subsidy, just not as high as it was before. Vote in people that will lower your State and Local tax rates or live with consequences and stop complaining. I cringe when I hear people leaving States like California, New York, New Jersey and Illinois as I don't want them turning my State into what they ran away from.

Seriously, since the new Federal tax bill was singed into law, it has been known that States like yours would be hit the hardest because of your State's higher tax rate and the lower Federal subsidy.

I would say if you came out owing nothing and getting nothing back, your taxes were paid perfectly. As maytag pointed out, why are you giving the Federal Government a free loan? All the years you got back money on your Federal taxes, you could have used that money to gain interest for you or paid off a loan faster to reduce the interest paid. Or had more money in your pocket to help your parents right then and there instead of waiting on that free loan you gave the Government to be paid back to you.

I love hearing me a, "I'm getting a $4,500 refund!", like they won the ****************ing lottery or something. Idiots.

[Perfectlap]

Originally Posted by KRAM36

With the way you don't understand the difference between Federal, State and Local Taxes, it's no wonder your State has such a high tax rate. You have been living off the Federal Tax system giving you higher subsidies and now that those subsidies have been reduced.

We're living off the federal tax system? Oh really.

What part of we don't get back to our state what we contributed federally is lost on you? Let me get this straight... Your state received no federal subsidies? Sure it didn't. You pay taxes on healthcare benefits and never deducted mortgage interest? Or do you only call out the deductions that you don't personally profit from?

our state taxes are high because we produce high earning workers who contribute an outsized share of federal tax revenue that benefits half the states that pay NOTHING to fund our militaries, off budget war spending, federal college programs, Medicare and all the other must-pays (Mitt Romney was right about the 47% too bad he was talking about half his party's base).

[maytag]

Originally Posted by Perfectlap

We're living off the federal tax system? Oh really.



What part of we don't get back to our state what we contributed federally is lost on you? Let me get this straight... Your state received no federal subsidies? Sure it didn't. You pay taxes on healthcare benefits and never deducted mortgage interest? Or do you only call out the deductions that you don't personally profit from?



our state taxes are high because we produce high earning workers who contribute an outsized share of federal tax revenue that benefits half the states that pay NOTHING to fund our militaries, off budget war spending, federal college programs, Medicare and all the other must-pays (Mitt Romney was right about the 47% too bad he was talking about half his party's base).

Perfectlap, (auto correct just tried to make that into "Pelosi", which seems apropos), I think you're pushing the bounds of rational conversation now. I'm not sure you've got a firm understanding of federal taxes, and you're subsidizing the voids in your understanding with talking points from the Bernie Sanders camp.

Whatever the source, you're getting pretty worked-up over this, and it might pay to step back from the keyboard for a moment.

Just a suggestion.

Sent from my SM-G970U using Tapatalk

[Perfectlap]

Originally Posted by maytag

Perfectlap, (auto correct just tried to make that into "Pelosi", which seems apropos), I think you're pushing the bounds of rational conversation now. I'm not sure you've got a firm understanding of federal taxes, and you're subsidizing the voids in your understanding with talking points from the Bernie Sanders camp.

Whatever the source, you're getting pretty worked-up over this, and it might pay to step back from the keyboard for a moment.

Just a suggestion.

Sent from my SM-G970U using Tapatalk

Are you honestly trying to argue that Massachusetts, New York, NJ, etc. are not carrying a disproportionate share of the federal tax burden? Just humor me with a response.

before you answer a little background from Bernie Sanders favorite liberal rag Fox News:

https://www.foxbusiness.com/markets/ap-fact-check-blue-high-tax-states-fund-red-low-tax-states

[maytag]

Originally Posted by Perfectlap

Are you honestly trying to argue that Massachusetts, New York, NJ, etc. are not carrying a disproportionate share of the federal tax burden? Just humor me with a response.

Disproportionate in what sense? Per capita? Per income? I'd argue all day long.

Sent from my SM-G970U using Tapatalk

[KRAM36]

Originally Posted by Perfectlap

Are you honestly trying to argue that Massachusetts, New York, NJ, etc. are not carrying a disproportionate share of the federal tax burden? Just humor me with a response.

before you answer a little background from Bernie Sanders favorite liberal rag Fox News:

https://www.foxbusiness.com/markets/ap-fact-check-blue-high-tax-states-fund-red-low-tax-states

That's a nice trick the AP played there. When you take into consideration the high amount of taxes NJ collects from it's residents, then add in the Federal assistance. NJ is making out like a bandit compared to a State like Mississippi. What a racket States like NY and NJ have been running, but now it has caught up to them or rather it's caught up to their residents.

[Perfectlap]

Originally Posted by KRAM36

That's a nice trick the AP played there. When you take into consideration the high amount of taxes NJ collects from it's residents, then add in the Federal assistance. NJ is making out like a bandit compared to a State like Mississippi. What a racket States like NY and NJ have been running, but now it has caught up to them or rather it's caught up to their residents.

So based on your responses I can surmise that one, you voted? I'll put you down as a yes. Two, you voted for the budget hawks otherwise known as the conservative wing of the GOP. Three, these Republicans passed the budget with one hand and this absurd tax "reform" with the other. From the moment those changes took effect the annual deficit rises from $650 bn to $1+ Trillion. And then again another $1 trillion in the second and current year. The largest YoY increase from one administration to the next in history and potentially the first administration in our history to see $1 trillion dollar annual deficits in each of its first term.

Am I getting all this right?

Let's move on... NY, NJ, Massachusetts were ALREADY sending more in federal taxes then their states see back in federal appropriations. Given the staggering increase in new federal expenditures, both on and off budget, by the "budget Hawks" in the GOP then why are ONLY NY, NJ, Massachusetts paying more federal tax than their state gets in appropriations, aka their share of the burden today?

So Let's look at that burden... If we spend a trillion on the defense, a trillion on Medicare, (that's already more than $2 trillion we collect from federal income tax through this tax "reform" for the kids counting at home.. ie. officially deficit territory), another half trillion in interest on the debt (maybe the states that pay no net federal income tax will be picking that up? Crickets) and we haven't even gotten to discretionary side of the ledger which of course these GOP budget hawks increased by the largest margin since the financial collapse. Because that's easier than admitting we aren't even covering our mandatory spending + interest anymore.


So if what we collect in income tax doesn't even cover the military and caring for all citizens 65 and older on Medicare then explain to me how corporations should have gotten a 20% tax cut? How the top tax bracket should have been reduced 2.5%, how states that pay no federal income tax get even more of a subsidy (hat tip Mitt Romney again), while the states like NY, NJ, Massachusetts, etc. are the only ones making the extra payment to cover the mandatory side of the federal ledger?

Oh right but I'm the one that doesn't understand how federal taxes work and needs a lesson from an accountant. It's interesting how some people here rationalize their own tax cut and declare that others are not carrying their own weight.

[kk2002s]

All these stories that people got smaller refunds, duh if you get more in each paycheck then it makes sense you may get a smaller refund. What I want to know is now that 4/15 is here (Anyone owing uncle Sam probably waited till now to pay) what are the real effects. Yes I got more each pay check but I had to pay it back with interest, loan shark interest.

I guess next year I'll have to sell my 986 to cover my tax bill or move to Mississippi.

[KRAM36]

Originally Posted by Perfectlap

So based on your responses I can surmise that one, you voted? I'll put you down as a yes. Two, you voted for the budget hawks otherwise known as the conservative wing of the GOP. Three, these Republicans passed the budget with one hand and this absurd tax "reform" with the other. From the moment those changes took effect the annual deficit rises from $650 bn to $1+ Trillion. And then again another $1 trillion in the second and current year. The largest YoY increase from one administration to the next in history and potentially the first administration in our history to see $1 trillion dollar annual deficits in each of its first term.

Am I getting all this right?

Let's move on... NY, NJ, Massachusetts were ALREADY sending more in federal taxes then their states see back in federal appropriations. Given the staggering increase in new federal expenditures, both on and off budget, by the "budget Hawks" in the GOP then why are ONLY NY, NJ, Massachusetts paying more federal tax than their state gets in appropriations, aka their share of the burden today?

So Let's look at that burden... If we spend a trillion on the defense, a trillion on Medicare, (that's already more than $2 trillion we collect from federal income tax through this tax "reform" for the kids counting at home.. ie. officially deficit territory), another half trillion in interest on the debt (maybe the states that pay no net federal income tax will be picking that up? Crickets) and we haven't even gotten to discretionary side of the ledger which of course these GOP budget hawks increased by the largest margin since the financial collapse. Because that's easier than admitting we aren't even covering our mandatory spending + interest anymore.


So if what we collect in income tax doesn't even cover the military and caring for all citizens 65 and older on Medicare then explain to me how corporations should have gotten a 20% tax cut? How the top tax bracket should have been reduced 2.5%, how states that pay no federal income tax get even more of a subsidy (hat tip Mitt Romney again), while the states like NY, NJ, Massachusetts, etc. are the only ones making the extra payment to cover the mandatory side of the federal ledger?

Oh right but I'm the one that doesn't understand how federal taxes work and needs a lesson from an accountant. It's interesting how some people here rationalize their own tax cut and declare that others are not carrying their own weight.

Jesus Christ! Stay in NJ you idiot.

Hell yeah I voted. I didn't want that crooked, conniving, treasonous pos Hillary Clinton becoming President. So far I have been pretty happy with President Trump. Only issues so far has been the two missile strikes on Syria and when he said take the guns first and due process later. I could have punched him in the face when that came out of his mouth. Now there are these stupid "Red Flag" laws popping up everywhere.

The budget has been so high because President Trump is trying to rebuild our Military. Now tell me Mr GOP is bad guy. What in the **************** did you get out of the 9 ****************ing trillion dollars Obama spent? You got ****************ing nothing, that's what you got and the worst recovery from a recession ever in history.

Obama didn't even get us a recovery, he got us into a worse situation that is going to be very hard on us unless President Trump can keep jobs coming and China's cheap ass crap out of our Country.

As for the rest of your post, go **************** yourself with your Socialist crap. ,,l,,

[KRAM36]

Originally Posted by Perfectlap

We're living off the federal tax system? Oh really.

What part of we don't get back to our state what we contributed federally is lost on you? Let me get this straight... Your state received no federal subsidies? Sure it didn't. You pay taxes on healthcare benefits and never deducted mortgage interest? Or do you only call out the deductions that you don't personally profit from?

our state taxes are high because we produce high earning workers who contribute an outsized share of federal tax revenue that benefits half the states that pay NOTHING to fund our militaries, off budget war spending, federal college programs, Medicare and all the other must-pays (Mitt Romney was right about the 47% too bad he was talking about half his party's base).

Yes you were getting a big break on your Federal Tax due to your high State tax.

I've never had to pay taxes on my health insurance, I've never owned a house that the interest on it met the amount needed to be able to deduct the interest paid vs my income.

Dude, you live in one of the highest taxed States in the USA. From the link I gave in my second post.

New Jersey Taxpayers

New Jersey residents pay famously high income and property taxes. It’s no surprise, then, that 41% of New Jersey tax returns claimed a deduction for state and local taxes. The average amount of that deduction was $17,183.33.

https://smartasset.com/taxes/trumps-plan-to-eliminate-the-state-and-local-tax-deduction-explained

If you don't like the high State and Local taxes you pay, vote in people that will reduce them.