Welcome Guest

They were going to double the standard exemption

Posted on: September 28, 2017 at 15:55:37 CT

Mormad MU

Posts:

56557

Member For:

18.57 yrs

Level:

User

M.O.B. Votes:

and there was initially talk of 4 brackets - 0% -15-25-35, I think.

The idea was that increasing the standard exemption would offset the lost deductions, but make administration simpler.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

People in high tax states are going to get - tman KC - 9/28 14:51:53

Gee, whatever might they do? Oh, wait, how about - GA Tiger MU - 9/28 16:18:32

One of the problems with stopping spending - Mormad MU - 9/28 16:21:43

I'm going to get hammered by this - Ferg STL - 9/28 15:29:17

I'm skeptical of that - this is supposed to be one big tax - tigerdb MU - 9/28 15:44:36

Not if it's revenue neutral - Ferg STL - 9/28 15:50:08

Marginal rate reduced? - tigerdb MU - 9/28 15:53:07

They were going to double the standard exemption - Mormad MU - 9/28 15:55:37

So the neo-confederate outlaw states of CA/IL/NY get - Ted Agnew UW - 9/28 15:21:17

Good. Why should they get a break for high spending? - RHAYWORTH MU - 9/28 15:02:03

The issue is "paying taxes on taxes"... - tigerdb MU - 9/28 15:17:16

But you're not - Mormad MU - 9/28 15:50:56

Yes, I Do pay (federal) on ss. - tigerdb MU - 9/28 17:47:17

Well, isn't SS a tax? And when it comes back....its taxed. - GA Tiger MU - 9/28 16:20:51

Sure it is...and I never said it wasn't happening - Mormad MU - 9/28 16:24:20

Doesn't make sense to you. - tigerdb MU - 9/28 17:49:56

What are you talking about? - Gyro MU - 9/28 15:15:08

I think I agreed with you below, and I will be voting with - tman KC - 9/28 15:11:18

Those are mostly blue states. Won't hurt the GOP or Trump. - DHighlander NWMSU - 9/28 14:54:52

I am not against it even though I am one that is going to - tman KC - 9/28 14:58:27