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That is taxible income, not Adjusted Gross Income

Posted on: November 16, 2017 at 10:52:00 CT

Knucklehead MU

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M.O.B. Votes:

And yes, if your taxable income is 23K you pay taxes. The lowest rate in the GOP plan is 12%, so assuming that applies to the entire 23K you would pay 2,760 in taxes.

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MESSAGE THREAD

Taxing graduate student teaching assistants - Knucklehead MU - 11/16 10:46:22

Why? Employer tuition assistance is taxable - Spanky KU - 11/16 10:54:29

Because it is bad public policy - Knucklehead MU - 11/16 11:17:38

Please explain how it’s different from taxing employer - Spanky KU - 11/16 11:34:04

Less direct impact on tuition costs for others - Knucklehead MU - 11/16 11:52:48

Agreed(nm) - tcat UMKC - 11/16 10:55:41

Eliminate taxation (nm) - pickle MU

- 11/16 10:49:08

Making anyone pay any amount in taxes is problematic. - ummmm MU - 11/16 10:48:56

Is there tax on income of $23,000? nm - hokie VT - 11/16 10:47:43

That is taxible income, not Adjusted Gross Income - Knucklehead MU - 11/16 10:52:00