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Tax plan calculator


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2017 Nov 30, 1:11pm   12,556 views  66 comments

by RWSGFY   ➕follow (4)   💰tip   ignore  

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61   anonymous   2017 Dec 22, 1:33pm  

Satoshi_Nakamoto says
anon_313db says
Regarding Trump's tax plan - it's clear that he and his apparatchiks are trying to punish "lexus liberals" who live primarily in CA and New York/Jersey.


Well, the calculator based on the final version of the bill disagrees: they won't be "punished".


Calculator shows that Cali millionaire household with $18,000 property taxes (1.5 million dollar home) and $60,000 in interest costs will pay a little more than $1,000 in federal taxes than they used to. The punishment will be unbearable...
62   WatermelonUniversity   2017 Dec 22, 10:35pm  

You forgot state income tax deduction.
I’m not remotely close to a millionaire but SALT deduction cap at $10K hurt my refund dramatically.


anon_7ebb1 says
Satoshi_Nakamoto says
anon_313db says
Regarding Trump's tax plan - it's clear that he and his apparatchiks are trying to punish "lexus liberals" who live primarily in CA and New York/Jersey.


Well, the calculator based on the final version of the bill disagrees: they won't be "punished".


Calculator shows that Cali millionaire household with $18,000 property taxes (1.5 million dollar home) and $60,000 in interest costs will pay a little more than $1,000 in federal taxes than they used to. The punishment will be unbearable...
63   WatermelonUniversity   2017 Dec 22, 10:39pm  

All CA republican senators and House rep better brush up their resume because hey are all FIRED next election.
64   MrMagic   2017 Dec 23, 8:31am  

BorderPatrol says
All CA republican senators and House rep better brush up their resume because hey are all FIRED next election.


Except it was all the DEM elected politicians that voted for and allowed the ridiculous property taxes and state income taxes in the first place in CA.

Please focus on the real SOURCE of the problem.

Voting DEM has consequences!
66   RWSGFY   2017 Dec 24, 12:05pm  

BorderPatrol says
You forgot state income tax deduction.
I’m not remotely close to a millionaire but SALT deduction cap at $10K hurt my refund dramatically.


I'll call BS on this one.

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