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re: Question for Alabama

Posted on 12/12/17 at 10:07 am to
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 12/12/17 at 10:07 am to
quote:

How many Americans do you think know what's in this bill?

I don't think most of the people voting on it know what's in it since a lot of it is handwritten in the margins.
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
43700 posts
Posted on 12/12/17 at 10:16 am to
I, like all the Republicans that actually have obtained critical thinking ability will hold my nose and vote for the damn Democrat.

It is essentially an IQ gullibly test, which Alabama will undoubtably fail miserably and probably pay a heavy price.

His primary opponent, Strange was a complete POS too, who everyone knows got the job for not indicting Governor Bentley for screwing his political advisor, using state money to set up his play time,
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 12/12/17 at 10:34 am to
quote:

We're doubling the standard deduction and lowering the rates on the rest of your income. How will you pay more? The only way is if you're paying a shite load of state taxes, a shite load of medical expenses, or if you have a shite load of 2% MISC deductions.


They are not necessarily lowering rates on the middle class. The house version actually increase my effective tax rate. I forget what the exact range is but it is somewhere between those making $125k and $190k that will see an increase in effective tax rate on wage income and that includes me.

Additionally those with more than 2/3 personal exemptions will get no benefit and may pay more with the doubled standard deduction and loss of exemptions. Also those in high tax states and/or those with large property tax deductions may lose.

Again though, the winners and losers in the short term are a wash. Tiny decrease for some, tiny increase for others (outside of the very wealthy who win Yuge).

You seem to be focused on peanuts and entirely missing the big picture. Do you want another 1-2 trillion in debt that you as a taxpayer will pay back with interest going forward? That is what you want?

Not me, frick that. I like my money. And frick Trump for lying his dick off about this being good for the middle class. Then he says it will cost him a fortune. bullshite and double bullshite
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 12/12/17 at 10:36 am to
By the way, please read this article by the former CEO of American airlines who this tax bill will undoubtedly benefit massively. He is spot on.

LINK
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 12/12/17 at 5:33 pm to
Voting results incoming soon.

I think Jones will actually eak out a win and for the first time in a while the state will not embarrass itself.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20469 posts
Posted on 12/12/17 at 5:42 pm to
quote:

the former CEO of American airlines


The guy who was caught asking other airline CEOs to fix prices?

Not to mention his op-ed is intellectually dishonest.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 12/12/17 at 5:47 pm to
quote:

Not to mention his op-ed is intellectually dishonest.


No, it is dead on. If you want to try to defend your position of it being dishonest go for it. Don't just fling shite against the wall.

This isn't the poliboard and your safe place snowflake. Head back over there if you are uncomfortable .
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20469 posts
Posted on 12/12/17 at 6:04 pm to
Lulz. You're such an angry little snowflake.

You don't get to claim any moral high ground after fraudulently voting in a Senate election in a state you haven't lived in for years. Loser.

Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 12/12/17 at 6:31 pm to
You appear out of your element here. Substance is required, not shite slinging with no rational thought.

Run along back to your safe space snowflake.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46175 posts
Posted on 12/12/17 at 7:28 pm to
125k is borderline middle class. 190 is not middle class.


quote:

Additionally those with more than 2/3 personal exemptions will get no benefit and may pay more with the doubled standard deduction and loss of exemptions. Also those in high tax states and/or those with large property tax deductions may lose.

All poor people benefit. Most middle class benefit. Why Dems don’t like that is beyond me. The people in an uproar about removing the state tax deduction and property tax deduction are backing up the wrong tree. Complain to your state about it. Don’t complain to the Federal government. It’s a subsidy and the lower tax states get screwed in the current system.

quote:

You seem to be focused on peanuts and entirely missing the big picture. Do you want another 1-2 trillion in debt that you as a taxpayer will pay back with interest going forward

Depends entirely on speculation of the effects of this bill that you can’t currently quantify. Will debt sky rocket or will there be enough growth to make up for it? Not sold either way currently.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46175 posts
Posted on 12/12/17 at 7:41 pm to
quote:

A former CEO's view: The GOP tax bill is both mean and stupid

Not off to a great start. Will read anyways.

quote:

The bill is stupid because it cuts taxes for US corporations

Who pays corporation taxes? The customer
Who own these huge corporations everybody bitches about? The public
Corporations should pay zero in tax

quote:

The bill is mean because to force fit the tax cut into the convoluted reconciliation process the Senate is using to bypass the need to attract 60 votes

Classic case of Dems bitching about dirty politics after using the same dirty politics when they were in power.

quote:

Janitors and other university service workers who have accepted low pay in exchange for tuition breaks for their children will now be told that the tuition breaks their children receive will be considered taxable income for the employee, generating taxes the employee cannot possibly pay.

The only thing this changes is Universitys will not be able to require grad students to work to get a scholarship. Change the structure of the scholarship and it’s taxed exactly the same as now.

You’re welcome grad students. Now you’re not forced to work

quote:

In the House version, teachers who buy school supplies out of their own pocket will lose the deduction for those expenses.

Teachers should not be paying out of pocket. Quit paying out of pocket and force the school to pay for it. They never will until they stop doing it. Also most teachers arent itemizing. Even if they do, I doubt their school supplies get above 2% AGI to be able to take it.

quote:

Medical expenses will no longer be as deductible as has been the case -- which will hit senior citizens hard

Not really a fan of this. Will agree with the article. Although I rarely actually see anyone who is able to take the medical deduction



Overall, not a great article at all


This post was edited on 12/12/17 at 7:44 pm
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20469 posts
Posted on 12/12/17 at 7:52 pm to
Roid rage is real, eh?

Here's some substance. I'm thrilled with a tax plan that will give me (and most Americans) a tax cut.

Your principal opposition to it seems to be that someone else might get a bigger cut than you. That's pathetic. The top 1% of earners pay 50% of taxes. They will receive 20% of the cuts in this bill. The middle 54% pay the other half of taxes. They will receive 80% of the benefit of this bill.

You also blather about tax breaks expiring for the middle class, which is included in the bill, but I'm going to ask you to find the last instance in which Congress allowed a tax cut for the middle class to expire.

And you cite $190k as middle class? That would place an entire household in the top 6% or so of earners in the US. As an individual, it's approaching top 2% territory.


This post was edited on 12/12/17 at 7:55 pm
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20469 posts
Posted on 12/12/17 at 8:01 pm to
quote:

Overall, not a great article at all




I said the same thing. Intellectually dishonest, and written by a guy who attempted illegal collusion at the highest level. Posited as fact by a poster who fraudulently votes in state elections. Neither are exactly credible as a source.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46175 posts
Posted on 12/12/17 at 8:09 pm to
NYT election tracker for those interested:

LINK

Currently has Roy with a 54% chance of winning

Edit: Now showing Jones with 62% chance
This post was edited on 12/12/17 at 8:15 pm
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 12/12/17 at 8:15 pm to
I'll try and respond a bit later to your points. I'm out at the moment so can't offer a detailed response.

The simian character isn't worth much of a response so can't promise I will address his shite flinging.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46175 posts
Posted on 12/12/17 at 8:29 pm to
NYT saying 80% Jones ...
This post was edited on 12/12/17 at 8:30 pm
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20469 posts
Posted on 12/12/17 at 8:41 pm to
quote:

NYT saying 80% Jones ...



I hope this will force Roy out of Alabama politics for good.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46175 posts
Posted on 12/12/17 at 8:46 pm to
It’s since moved to only 62% putting it in the tossup category.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20469 posts
Posted on 12/12/17 at 8:56 pm to
quote:

The only people who could even possibly be screwed by this bill are people who itemize. Most middle class people don't itemize.


We're doubling the standard deduction and lowering the rates on the rest of your income. How will you pay more? The only way is if you're paying a shite load of state taxes, a shite load of medical expenses, or if you have a shite load of 2% MISC deductions.


Here's the average effect, by top earners, then quintile (Somone please explain that word to TiM), for every tax group in every state. The benefits are universal across income groups. LINK

It even shows you the effect of the end of the cuts in ten years, which is ludicrous in itself. No congress has ever voted to allow a middle class tax cut to expire. The last time one came to a vote, renewal passed with 90% of the vote.

The group of people with extremely high current deductions, who won't benefit from this, is so narrow that it's meaningless.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20469 posts
Posted on 12/12/17 at 9:14 pm to
quote:

It’s since moved to only 62% putting it in the tossup category.


It's back up to 75% Jones, but I think they're incorrectly estimating the rest of Jefferson County. Based on the number already counted, I'd think the uncounted precincts are rural, which would make it close. If they're not rural, though, this one is over and Roy can ride his horse back home.
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