Tax reform

Goober McTuber · Post by **Goober McTuber** » Thu Jan 25, 2018 8:16 pm

I assume that most of you dickslaps that do your own taxes have already reviewed the implications for your 2018 taxes. I am apparently in the group that will see no benefit from these changes, and will be negatively affected as they are phased out.

Our itemized deductions for 2016 were about $25,000. With tax reform pushing us to the $24,000 standard deduction and the elimination of our 2 personal exemptions, our taxable income should increase by roughly $9,000. The 3% reductions in the bracket rates should make that a wash in terms of total tax paid. But our payroll withholding amounts will be going down (based on the recently released withholding schedules), and less withheld will probably mean taxes owed next January.

I intend to increase additional federal tax withheld from each check by whatever amount the current federal withholding decreases. My take home stays the same and I should not get any nasty surprises a year from now.

Left Seater · Post by **Left Seater** » Thu Jan 25, 2018 8:46 pm

Sounds like you have a good handle on it.

We haven’t completed our own taxes for years. It gets really complicated due to earnings in other states and the required State taxes in some of them.

Bucmonkey · Post by **Bucmonkey** » Thu Jan 25, 2018 9:45 pm

Corporate kick-backs will save Merica...

L45B · Post by **L45B** » Thu Jan 25, 2018 9:48 pm

Bucmonkey wrote:Corporate kick-backs will save Merica...

No, but government housing and a $50 minimum wage surely will.

Goober McTuber · Post by **Goober McTuber** » Thu Jan 25, 2018 9:57 pm

L45B wrote:
Bucmonkey wrote:Corporate kick-backs will save Merica...
No, but government housing and a $50 minimum wage surely will.

Not adding $1.5 trillion to the national debt would have been a good start.

Diego in Seattle · Post by **Diego in Seattle** » Thu Jan 25, 2018 10:04 pm

"Rosie O'Donnell offered to bribe congressmen. That's illegal!!"

Left Seater · Post by **Left Seater** » Thu Jan 25, 2018 10:11 pm

Rosie is a fat idiot who doesn’t know how to play the game.

Left Seater · Post by **Left Seater** » Fri Jan 26, 2018 12:14 am

Bucmonkey wrote:Corporate kick-backs will save Merica...

So dropping the corporate tax rate to something still above 1/5th is kick-backs? Ok, whatever.

Sad how some have been lead to view reality.

Carson · Post by **Carson** » Fri Jan 26, 2018 9:25 am

Goober McTuber wrote:I intend to increase additional federal tax withheld from each check by whatever amount the current federal withholding decreases.

How noble of you.

Goober McTuber · Post by **Goober McTuber** » Fri Jan 26, 2018 3:30 pm

Papa Willie wrote:
Goober McTuber wrote: Not adding $1.5 trillion to the national debt would have been a good start.
Oh - suddenly the debt matters?

It has always mattered you fat fucking retard.

Goober McTuber · Post by **Goober McTuber** » Fri Jan 26, 2018 3:31 pm

Carson wrote:
Goober McTuber wrote:I intend to increase additional federal tax withheld from each check by whatever amount the current federal withholding decreases.
How noble of you.

You really are one dense motherfucker.

Goober McTuber · Post by **Goober McTuber** » Fri Jan 26, 2018 3:32 pm

88 wrote:Why does Goobs not have to pay his fair share?

And what the fuck are you talking about?

Carson · Post by **Carson** » Fri Jan 26, 2018 7:23 pm

Goober McTuber wrote:
Carson wrote:
Goober McTuber wrote:I intend to increase additional federal tax withheld from each check by whatever amount the current federal withholding decreases.
How noble of you.
You really are one dense motherfucker.

Dense is someone who lets the gubmint earn interest off their money instead of themself.

Ever heard of a Christmas club account?

Goober McTuber · Post by **Goober McTuber** » Fri Jan 26, 2018 7:29 pm

Carson wrote:Dense is someone who lets the gubmint earn interest off their money instead of themself.

Oh dear God. What are they getting, 1.4%?

Left Seater · Post by **Left Seater** » Fri Jan 26, 2018 8:06 pm

Goober McTuber wrote:
Carson wrote:Dense is someone who lets the gubmint earn interest off their money instead of themself.
Oh dear God. What are they getting, 1.4%?

I have long thought there should be no withholding. If taxpayers actually had to save and saw what that amount was monthly, they would revolt and force tax reductions. But withholding makes it easy to hide what is actually going to the government.

Goober McTuber · Post by **Goober McTuber** » Fri Jan 26, 2018 8:31 pm

Left Seater wrote:
Goober McTuber wrote:
Carson wrote:Dense is someone who lets the gubmint earn interest off their money instead of themself.
Oh dear God. What are they getting, 1.4%?
I have long thought there should be no withholding. If taxpayers actually had to save and saw what that amount was monthly, they would revolt and force tax reductions. But withholding makes it easy to hide what is actually going to the government.

But of course too many people would not have the self-discipline to save that money and half of the population would wind up in debtors' prison.

Left Seater · Post by **Left Seater** » Fri Jan 26, 2018 8:35 pm

More likely wage garnishments, but yeah, all the more reason to do away with withholding. Once the masses go they that the more likely they will be pissed about the governments take.

Goober McTuber · Post by **Goober McTuber** » Fri Jan 26, 2018 8:55 pm

Then with those garnishments they will be even less likely to be able to save money for next year's taxes. Sorry, it's not at all a practical suggestion. Anyone who is unable to look at their paystub and figure out how much the government is taking is probably not paying a shit ton of taxes anyway. Cause they be dumb.

Moving Sale · Post by **Moving Sale** » Sat Jan 27, 2018 3:06 am

Why is that? You live in Nevada.

Moving Sale · Post by **Moving Sale** » Sat Jan 27, 2018 7:29 pm

88 wrote:... something to the table other than your well-fapped utopianist slag.

Are you inferring that your slag is not utopian?

smackaholic · Post by **smackaholic** » Sun Jan 28, 2018 3:47 am

Haven't done mine yet, but I suspect I will make out well as I have taken the standard deduction for years, mainly because I have paid little (none these last 3 years) in mortgage interest. I wish to fukk they'd do away with the rest of the deductions as well.

Derron · Post by **Derron** » Sun Jan 28, 2018 6:40 am

Goober McTuber wrote:Then with those garnishments they will be even less likely to be able to save money for next year's taxes. Sorry, it's not at all a practical suggestion. Anyone who is unable to look at their paystub and figure out how much the government is taking is probably not paying a shit ton of taxes anyway. Cause they be dumb.

But..but..I am waiting to get my tax refund back to buy some new rims and shit for my ride.

Goober McTuber · Post by **Goober McTuber** » Mon Jan 29, 2018 1:41 pm

Papa Willie wrote:
Goober McTuber wrote:
Papa Willie wrote:Oh - suddenly the debt matters?
It has always mattered you fat fucking retard.
Quit being so semenistic, fag. I never saw you libs cry when Obama was raising the debt through the fucking stratosphere.

Who writes the budgets, the president or the congress?

Goober McTuber · Post by **Goober McTuber** » Mon Jan 29, 2018 1:45 pm

88 wrote:
Goober McTuber wrote:
88 wrote:Why does Goobs not have to pay his fair share?
And what the fuck are you talking about?
I might be going out on a limb here, correct me if I'm wrong... but it kind of sort of sounded like you were disappointed about the tax relief you are receiving as a result of the Trump(care) Tax Cut. From my distant observation point, which is not perfect I admit, it sounded like you might "net" out where you started.

If I net out where I started, then I lose. Because these tax "cuts" are phased out over 10 years. So I'm guessing my taxes just might go up. Tax relief? Yeah, right.

Goober McTuber · Post by **Goober McTuber** » Mon Jan 29, 2018 1:49 pm

Derron wrote:
Goober McTuber wrote:Then with those garnishments they will be even less likely to be able to save money for next year's taxes. Sorry, it's not at all a practical suggestion. Anyone who is unable to look at their paystub and figure out how much the government is taking is probably not paying a shit ton of taxes anyway. Cause they be dumb.
But..but..I am waiting to get my tax refund back to buy some new rims and shit for my ride.

What the fuck are you babbling about now?

Goober McTuber · Post by **Goober McTuber** » Mon Jan 29, 2018 2:33 pm

88 wrote:
Goober McTuber wrote:
Derron wrote:But..but..I am waiting to get my tax refund back to buy some new rims and shit for my ride.
What the fuck are you babbling about now?
There are two kinds of people in this world, those who can understand a humorous comment with incomplete information.

Humorous? Dohron? Are you serious? I'm not looking for a refund. I'm looking to net out even on January 1. Based on the tax reform, if I did nothing regarding our withholding, I would suddenly find myself owing a couple thousand dollars a year from now.

Rims? Did I replace Screwball as our token black?

Sirfindafold · Post by **Sirfindafold** » Mon Jan 29, 2018 3:19 pm

Goober McTuber wrote: Did I replace Screwball as our token black?

No, you are still just the blithering idiot.

Goober McTuber · Post by **Goober McTuber** » Mon Jan 29, 2018 3:26 pm

Sirfindafold wrote:
Goober McTuber wrote: Did I replace Screwball as our token black?
No, you are still just the blithering idiot.

I could be both...

Goober McTuber · Post by **Goober McTuber** » Mon Jan 29, 2018 6:22 pm

schmick wrote:By that logic, owebama is the one who wants to deport the dreamers as it was him who set the date in March 2018 for DACA to run out.

In 10 years the then president can keep the tax rates the same or make them go up

Does the president set tax rates? Moron.

Left Seater · Post by **Left Seater** » Mon Jan 29, 2018 9:14 pm

Goober McTuber wrote:
schmick wrote:By that logic, owebama is the one who wants to deport the dreamers as it was him who set the date in March 2018 for DACA to run out.

In 10 years the then president can keep the tax rates the same or make them go up
Does the president set tax rates? Moron.

Goobs, your example assumes nothing changes in your income or personal situation. Will your income be the same, will you be retired? Will Congress make zero changes between now and 10 years? Hell, will we all be North Koreans by then?

Goober McTuber · Post by **Goober McTuber** » Mon Jan 29, 2018 9:35 pm

Left Seater wrote:
Goober McTuber wrote:
schmick wrote:By that logic, owebama is the one who wants to deport the dreamers as it was him who set the date in March 2018 for DACA to run out.

In 10 years the then president can keep the tax rates the same or make them go up
Does the president set tax rates? Moron.
Goobs, your example assumes nothing changes in your income or personal situation. Will your income be the same, will you be retired? Will Congress make zero changes between now and 10 years? Hell, will we all be North Koreans by then?

Yes. I know.

I plan to live forever. So far, so good.

Mikey · Post by **Mikey** » Mon Jan 29, 2018 9:59 pm

Goober McTuber wrote: So far, so good.

A matter of opinion.

Goober McTuber · Post by **Goober McTuber** » Mon Jan 29, 2018 10:02 pm

Mikey wrote:
Goober McTuber wrote: So far, so good.
A matter of opinion.

You think I'm dead? [Captain Obvious]You're not very smart.[/Captain Obvious]

Mikey · Post by **Mikey** » Mon Jan 29, 2018 10:20 pm

Goober McTuber wrote:
Mikey wrote:
Goober McTuber wrote: So far, so good.
A matter of opinion.
You think I'm dead? [Captain Obvious]You're not very smart.[/Captain Obvious]

Where did I say anything about dead?

[Captain Obvious]You're not very smart.[/Captain Obvious]

The concept of you continuing to use up air as somehow being "good" is what's questionable.

Moving Sale · Post by **Moving Sale** » Mon Jan 29, 2018 10:27 pm

The diff between Drump wackos and real people. Trump wackos will back other wackos no matter the situation, real people dis those who they think need to be dissed.

Left Seater · Post by **Left Seater** » Mon Jan 29, 2018 11:06 pm

Moving Sale wrote:Trump wackos with suck eachother's cock no matter the situation, real people dis those who they think need to be dissed.

And some of y’all were claiming Midget Flail is smart.

Nice racist, homophobic stream of words there.

Moving Sale · Post by **Moving Sale** » Tue Jan 30, 2018 12:23 am

Happy now?

I get that metaphors make you melt like a warm snowflake, but that was pathetic.

Left Seater · Post by **Left Seater** » Tue Jan 30, 2018 4:47 am

Regardless it is still racist and homophobic.

Moving Sale · Post by **Moving Sale** » Tue Jan 30, 2018 5:20 am

If by both you mean neither.

Left Seater · Post by **Left Seater** » Tue Jan 30, 2018 1:50 pm

Nope I mean racist and homophobic, Board Bitch.