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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by conk (here)
    What makes this system work even for a day? It's a confidence system. Most people still believe that it is honest and that it will last even though their store of value and the purchasing power of their "money" decrease constantly.
    Good points in your post. So the situation is even worse than simply wasting taxpayer money. It really amounts to nothing but pure theft.


    Quote Posted by frankstien (here)
    Economist Dr. Michael Hudson, being interviewed by The Real News Network, has this to say about the new tax plan.

    https://michael-hudson.com/2017/10/what-tax-plan/
    I had a feeling that this was more along the lines of what you wanted to hear from people all along. But the responses you got here don't quite conform to what the article says. And at any rate, the other party makes no secret of their desire to take a bigger chunk out of your wallet, so what is the solution?

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Here's an article about the new GOP tax plan by Dr. Paul Craig Roberts (former Assistant Secretary of the Treasury for Economic Policy for Ronald Reagan.)

    Plunder Capitalism
    https://www.paulcraigroberts.org/201...er-capitalism/
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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by A Voice from the Mountains (here)
    Quote Posted by conk (here)
    What makes this system work even for a day? It's a confidence system. Most people still believe that it is honest and that it will last even though their store of value and the purchasing power of their "money" decrease constantly.
    Good points in your post. So the situation is even worse than simply wasting taxpayer money. It really amounts to nothing but pure theft.


    Quote Posted by frankstien (here)
    Economist Dr. Michael Hudson, being interviewed by The Real News Network, has this to say about the new tax plan.

    https://michael-hudson.com/2017/10/what-tax-plan/
    I had a feeling that this was more along the lines of what you wanted to hear from people all along. But the responses you got here don't quite conform to what the article says. And at any rate, the other party makes no secret of their desire to take a bigger chunk out of your wallet, so what is the solution?
    Nor did anyone else post any articles about the new tax plan, only their opinions, some very interesting, some cliche.
    The answer? I don't think there is one. At least not in a real world setting. The looting by rich has been going on for a long time and unfortunately it will continue. As to the other party wanting to take a bigger chunk--of course--I don't think there is much difference with either party. One postures right the other left, but they both move towards the same goal of more war on the people.
    "In real life James Bond works for S.P.E.C.T.R.E."
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    Default Re: No More Personal Exemption On U.S. Income Tax

    I believe that this is what frankstien is referring to. The confusion seems to be that there are two tax exemptions in play, a “personal” exemption, and a “standard” exemption.

    Here’s an explanation by Jeff Rose, in Forbes Magazine

    https://www.forbes.com/sites/jrose/2.../#30f5ab9e3ec5

    excerpt …

    The Standard Deduction for 2019

    As you probably know – or you'll find out when you file your 2018 tax return – personal exemptions have been eliminated under the new tax law. The $4,050 you could claim up until 2017 for yourself, your spouse and any eligible dependents is now history.

    In its place, the standard deduction has been roughly doubled. That will work out well for singles and couples, but it will be a definite negative for anyone with dependents.

    And like other numbers in the tax code, the standard deduction will be increasing slightly for 2019. Here's how that will look:

    Filing Status 2018 2019

    Single $12,000 $12,200
    Married filing jointly $24,000 $24,400
    Head of Household $18,000 $18,350

    B.
    A human being is a part of the whole, called by us "Universe," a part limited in time and space. He experiences himself, his thoughts and feelings as something separate from the rest—a kind of optical delusion of his consciousness.

    Albert E.

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by Fellow Aspirant (here)
    Filing Status 2018 2019

    Single $12,000 $12,200
    Married filing jointly $24,000 $24,400
    Head of Household $18,000 $18,350

    B.
    One more, Brian.
    Born before 1954 - standard deduction + $1,600 = $13,600

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by Fellow Aspirant (here)
    I believe that this is what frankstien is referring to. The confusion seems to be that there are two tax exemptions in play, a “personal” exemption, and a “standard” exemption.

    Here’s an explanation by Jeff Rose, in Forbes Magazine

    https://www.forbes.com/sites/jrose/2.../#30f5ab9e3ec5

    excerpt …

    The Standard Deduction for 2019

    As you probably know – or you'll find out when you file your 2018 tax return – personal exemptions have been eliminated under the new tax law. The $4,050 you could claim up until 2017 for yourself, your spouse and any eligible dependents is now history.

    In its place, the standard deduction has been roughly doubled. That will work out well for singles and couples, but it will be a definite negative for anyone with dependents.

    And like other numbers in the tax code, the standard deduction will be increasing slightly for 2019. Here's how that will look:

    Filing Status 2018 2019

    Single $12,000 $12,200
    Married filing jointly $24,000 $24,400
    Head of Household $18,000 $18,350

    B.
    Thanks for posting this. Not to get caught up in semantics, but one is an exemption, which in this case we used all automatically get, we don't anymore, and the other is a deduction. Now if you are running a business (or another qualifying situation) and have plenty to deduct, yes it will be better for those people, but if those small business owners have dependents they will also be losing because of the loss of the personal exemption.

    Many will suffer an increased tax burden with the loss of the "personal exemption" and there are new rules in place that will hurt Californians as well--

    Here's why Trump's tax plan will hit Californians especially hard
    https://www.latimes.com/business/la-...927-story.html

    And for working families--

    "Under the Republican plan, a family of four would gain $11,300 in standard deduction, and simultaneously lose $16,200 in personal exemptions."
    https://www.pennlive.com/opinion/201..._help_pas.html
    Last edited by frankstien; 4th April 2019 at 17:29.
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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by frankstien (here)
    Quote Posted by Fellow Aspirant (here)
    I believe that this is what frankstien is referring to. The confusion seems to be that there are two tax exemptions in play, a “personal” exemption, and a “standard” exemption.

    Here’s an explanation by Jeff Rose, in Forbes Magazine

    https://www.forbes.com/sites/jrose/2.../#30f5ab9e3ec5

    excerpt …

    The Standard Deduction for 2019

    As you probably know – or you'll find out when you file your 2018 tax return – personal exemptions have been eliminated under the new tax law. The $4,050 you could claim up until 2017 for yourself, your spouse and any eligible dependents is now history.

    In its place, the standard deduction has been roughly doubled. That will work out well for singles and couples, but it will be a definite negative for anyone with dependents.

    And like other numbers in the tax code, the standard deduction will be increasing slightly for 2019. Here's how that will look:

    Filing Status 2018 2019

    Single $12,000 $12,200
    Married filing jointly $24,000 $24,400
    Head of Household $18,000 $18,350

    B.
    Thanks for posting this. Not to get caught up in semantics, but one is an exemption, which in this case we used all automatically get, we don't anymore, and the other is a deduction. Now if you are running a business (or another qualifying situation) and have plenty to deduct, yes it will be better for those people, but if those small business owners have dependents they will also be losing because of the loss of the personal exemption.

    Many will suffer an increased tax burden with the loss of the "personal exemption" and there are new rules in place that will hurt Californians as well--

    Here's why Trump's tax plan will hit Californians especially hard
    https://www.latimes.com/business/la-...927-story.html

    And for working families--

    "Under the Republican plan, a family of four would gain $11,300 in standard deduction, and simultaneously lose $16,200 in personal exemptions."
    https://www.pennlive.com/opinion/201..._help_pas.html
    Yes, you're absolutely right, frankstien. There's a plethora of other detail about the tax changes contained in Rose's piece, making for a complex puzzle of new requirements, exemptions and deductions. I'm glad I don't have to wade into it to find my particular situation. I guess Americans can only get some real tax relief if they're billionaires.

    Brian
    A human being is a part of the whole, called by us "Universe," a part limited in time and space. He experiences himself, his thoughts and feelings as something separate from the rest—a kind of optical delusion of his consciousness.

    Albert E.

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    Default Re: No More Personal Exemption On U.S. Income Tax

    This tax “reform” is about more than just eliminating personal exemptions and raising the standard deduction-Other “reforms”:

    * No loss from farming from above adjusted gross income. You can either carry over the loss to offset subsequent profit or file a Schedule C claiming the loss below adjusted gross income, effectively raising your income into a higher bracket and often into the alternative minimum tax (22% after deductions)

    * The “spin” on the ceiling on mortgage interest and tax being limited to $10k INCLUDES state and local taxes paid so those of us who previously itemized are now forced into accepting the paltry doubled standard deduction instead. And here’s the bitter pill- the doubled standard deduction expires at I think the five year mark. It I am quite certain that the tax increase via passive loss restrictions and ceiling on tax and interest will be permanent.

    As with all things trump, this is an orchestrated plan to eliminate the middle and upper middle classes and drive more money into the pockets of the elite. The extended cap on wage growth began in 2005. Next steps will be to implement Bill Gates’ satellite surveillance project of every inch of the planet and 5G lockdown of freedom of movement. And our tax dollars are footing the bill.

    Welcome to hell friends.

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    Default Re: No More Personal Exemption On U.S. Income Tax

    [QUOTE=Fellow Aspirant;1284315]
    Quote Posted by frankstien (here)
    Quote Posted by Fellow Aspirant (here)

    Thanks for posting this. Not to get caught up in semantics, but one is an exemption, which in this case we used all automatically get, we don't anymore, and the other is a deduction. Now if you are running a business (or another qualifying situation) and have plenty to deduct, yes it will be better for those people, but if those small business owners have dependents they will also be losing because of the loss of the personal exemption.

    Many will suffer an increased tax burden with the loss of the "personal exemption" and there are new rules in place that will hurt Californians as well--

    Here's why Trump's tax plan will hit Californians especially hard
    https://www.latimes.com/business/la-...927-story.html

    And for working families--

    "Under the Republican plan, a family of four would gain $11,300 in standard deduction, and simultaneously lose $16,200 in personal exemptions."
    https://www.pennlive.com/opinion/201..._help_pas.html
    Yes, you're absolutely right, frankstien. There's a plethora of other detail about the tax changes contained in Rose's piece, making for a complex puzzle of new requirements, exemptions and deductions. I'm glad I don't have to wade into it to find my particular situation. I guess Americans can only get some real tax relief if they're billionaires.

    Brian
    Thanks man. Yep, you got it.
    I'm an American in Canada and I still have to pay taxes to the U.S. every year.
    "In real life James Bond works for S.P.E.C.T.R.E."
    --frankstien

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by AriG (here)
    This tax “reform” is about more than just eliminating personal exemptions and raising the standard deduction-Other “reforms”:

    * No loss from farming from above adjusted gross income. You can either carry over the loss to offset subsequent profit or file a Schedule C claiming the loss below adjusted gross income, effectively raising your income into a higher bracket and often into the alternative minimum tax (22% after deductions)

    * The “spin” on the ceiling on mortgage interest and tax being limited to $10k INCLUDES state and local taxes paid so those of us who previously itemized are now forced into accepting the paltry doubled standard deduction instead. And here’s the bitter pill- the doubled standard deduction expires at I think the five year mark. It I am quite certain that the tax increase via passive loss restrictions and ceiling on tax and interest will be permanent.

    As with all things trump, this is an orchestrated plan to eliminate the middle and upper middle classes and drive more money into the pockets of the elite. The extended cap on wage growth began in 2005. Next steps will be to implement Bill Gates’ satellite surveillance project of every inch of the planet and 5G lockdown of freedom of movement. And our tax dollars are footing the bill.

    Welcome to hell friends.
    AriG, Totally awesome--thanks for the burst of sanity. Did you read the article by arch conservative Paul Craig Roberts? He's more upset than the previous article I posted with Economist Michael Hudson.

    Here it is again--
    https://www.paulcraigroberts.org/201...er-capitalism/

    Are we not cursed to live in interesting times (and very dangerous ones?)
    "In real life James Bond works for S.P.E.C.T.R.E."
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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by frankstien (here)
    Here's why Trump's tax plan will hit Californians especially hard
    https://www.latimes.com/business/la-...927-story.html
    From your own link's first paragraph:

    Quote Many Californians face a big financial hit under the Republican tax plan, which would eliminate a major tax break that benefits state residents more than those anywhere else in the U.S.
    That's their back-handed way of admitting that California has been abusing the federal tax system by paying less taxes than other states. Now we have a fairer system.

    California has very high state and local taxes, and have been able to deduct these from federal taxes, effectively stealing federal tax revenue to pour back into the state.

    Not anymore. If California wants to jack up its state and local taxes to outrageous levels, they will have to pay the consequences of it. No more free riding on the back of the rest of the country to prop up socialist state policies. They must pay their fair share to the federal government too.

    Quote Posted by AriG (here)
    As with all things trump, this is an orchestrated plan to eliminate the middle and upper middle classes and drive more money into the pockets of the elite.
    So you think Trump is a socialist? Because destroying the middle class is exactly what socialism is for.

    If you take the time to pay attention to countries where socialist policies are openly embraced and implemented, such as in certain Latin American countries, or Brazil in the past, you'd even find people brainwashed into thinking the very idea of a middle class is a bad thing because it goes against the idea of a classless society.

    Amazing, a basic economics course isn't even required for a 4-year university degree in these countries, or in many left-leaning American universities, apparently. I often wonder how many people posting on these threads about economic issues have ever taken a basic economics course in their life.
    Last edited by A Voice from the Mountains; 5th April 2019 at 19:20.

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by A Voice from the Mountains (here)
    Quote Posted by frankstien (here)
    Here's why Trump's tax plan will hit Californians especially hard
    https://www.latimes.com/business/la-...927-story.html
    From your own link's first paragraph:

    Quote Many Californians face a big financial hit under the Republican tax plan, which would eliminate a major tax break that benefits state residents more than those anywhere else in the U.S.
    That's their back-handed way of admitting that California has been abusing the federal tax system by paying less taxes than other states. Now we have a fairer system.

    California has very high state and local taxes, and have been able to deduct these from federal taxes, effectively stealing federal tax revenue to pour back into the state.

    Not anymore. If California wants to jack up its state and local taxes to outrageous levels, they will have to pay the consequences of it. No more free riding on the back of the rest of the country to prop up socialist state policies. They must pay their fair share to the federal government too.

    Quote Posted by AriG (here)
    As with all things trump, this is an orchestrated plan to eliminate the middle and upper middle classes and drive more money into the pockets of the elite.
    So you think Trump is a socialist? Because destroying the middle class is exactly what socialism is for.

    If you take the time to pay attention to countries where socialist policies are openly embraced and implemented, such as in certain Latin American countries, or Brazil in the past, you'd even find people brainwashed into thinking the very idea of a middle class is a bad thing because it goes against the idea of a classless society.

    Amazing, a basic economics course isn't even required for a 4-year university degree in these countries, or in many left-leaning American universities, apparently. I often wonder how many people posting on these threads about economic issues have ever taken a basic economics course in their life.
    I have an mba in bus admin so your passive aggressive insult is irrelevant.

    No trump is not a socialist - he is an opportunist who worships money and the elite regardless of their politics. He used the marginalized working class rural person and the electoral college to gain his way To the oval. He promises an America made great again, rebooting coal, a return of manufacturing jobs and a wall that the red necks so desperately see as the answer to a complex problem. here’s the rub- GM is pulling out, coal is dead, the wall is “air ware”, and the only thing that tramph has delivered is tax reform that benefits the corporate elites and punished the hard working achiever trying to get ahead.

    Tramph has been quoted as saying that the housing crisis of 2008 was good for him as he could scoop up property. Now he has pushed reform to make it less beneficial to own property and impossible to farm on a sustainable scale versus big ag.

    Tramph pushes the predetermined agenda. That is clear. And he adds a little controversy to make us think he’s different. He isn’t.

    Please excuse syntax errors and typos- typed on my iPhone

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Tell China that "coal is dead."

    The idea that all rich people just want to oppress the poor, and have nothing to offer society as a whole, pretty well sums up Karl Marx. What do you think pursuing a "classless society" would do to the middle class?

    I have old family members that grew up during the depression, marinated in the mentality that all rich people are evil, who have been voting for Democrats their entire life as a result. Meanwhile they sit around watching MSM pundits (rich people) all day, on a television set (manufactured thanks to rich industrialists), on their padded rocking chairs (similarly manufactured by companies owned by evil rich people), calling each other and griping all day on telephones (manufactured and operated by evil rich people). I know the mentality all too well, and think it is a very sad mentality to live in, aside from being totally disconnected from greater reality.

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by A Voice from the Mountains (here)
    Tell China that "coal is dead."

    The idea that all rich people just want to oppress the poor, and have nothing to offer society as a whole, pretty well sums up Karl Marx. What do you think pursuing a "classless society" would do to the middle class?

    I have old family members that grew up during the depression, marinated in the mentality that all rich people are evil, who have been voting for Democrats their entire life as a result. Meanwhile they sit around watching MSM pundits (rich people) all day, on a television set (manufactured thanks to rich industrialists), on their padded rocking chairs (similarly manufactured by companies owned by evil rich people), calling each other and griping all day on telephones (manufactured and operated by evil rich people). I know the mentality all too well, and think it is a very sad mentality to live in, aside from being totally disconnected from greater reality.
    You have absolutely no grasp on what is going on in the geopolitical economic spectrum and are citing examples that are completely irrelevant to today’s complex and controlled reality. You are way in over your head and living in a Cold War brain washed reality. Do some real research, read and understand what the wise souls on this forum have to share and open your
    Closed mind. You are so I’ll suited to this forum I am surprised that you are still a member. Duck and cover is over, DDT is NOT good for you and socialism is not the enemy. It’s far more dark and much deeper than what you can grasp.

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by AriG (here)
    Quote Posted by A Voice from the Mountains (here)
    Tell China that "coal is dead."

    The idea that all rich people just want to oppress the poor, and have nothing to offer society as a whole, pretty well sums up Karl Marx. What do you think pursuing a "classless society" would do to the middle class?

    I have old family members that grew up during the depression, marinated in the mentality that all rich people are evil, who have been voting for Democrats their entire life as a result. Meanwhile they sit around watching MSM pundits (rich people) all day, on a television set (manufactured thanks to rich industrialists), on their padded rocking chairs (similarly manufactured by companies owned by evil rich people), calling each other and griping all day on telephones (manufactured and operated by evil rich people). I know the mentality all too well, and think it is a very sad mentality to live in, aside from being totally disconnected from greater reality.
    You have absolutely no grasp on what is going on in the geopolitical economic spectrum and are citing examples that are completely irrelevant to today’s complex and controlled reality. You are way in over your head and living in a Cold War brain washed reality. Do some real research, read and understand what the wise souls on this forum have to share and open your
    Closed mind. You are so I’ll suited to this forum I am surprised that you are still a member. Duck and cover is over, DDT is NOT good for you and socialism is not the enemy. It’s far more dark and much deeper than what you can grasp.
    AriG, I'm on your wave length. Thank so much for your posts. You are like a bright beam of light in this dark time.
    "In real life James Bond works for S.P.E.C.T.R.E."
    --frankstien

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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by A Voice from the Mountains (here)
    Quote Posted by frankstien (here)
    Here's why Trump's tax plan will hit Californians especially hard
    https://www.latimes.com/business/la-...927-story.html
    From your own link's first paragraph:

    Quote Many Californians face a big financial hit under the Republican tax plan, which would eliminate a major tax break that benefits state residents more than those anywhere else in the U.S.
    That's their back-handed way of admitting that California has been abusing the federal tax system by paying less taxes than other states. Now we have a fairer system.

    California has very high state and local taxes, and have been able to deduct these from federal taxes, effectively stealing federal tax revenue to pour back into the state.

    Not anymore. If California wants to jack up its state and local taxes to outrageous levels, they will have to pay the consequences of it. No more free riding on the back of the rest of the country to prop up socialist state policies. They must pay their fair share to the federal government too.

    .
    First two bolded parts--I think I have already commented on this. Refer to one of my earlier posts regarding cliche opinions and for third bolded part, I think you're getting "fairer system" mixed up with "favor system", as in favoring the rich.
    Last edited by frankstien; 6th April 2019 at 01:11.
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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by frankstien (here)
    First two bolded parts--I think I have already commented on this. Refer to one of my earlier posts regarding cliche opinions and for third bolded part, I think you're getting "fairer system" mixed up with "favor system", as in favoring the rich.
    The differences in state vs. federal tax systems here have nothing to do with rich vs. poor. You don't want to consider any information you're getting here outside of your box, but the way California has been ripping the rest of the country off hurts the rich and poor alike.

    In Virginia we pay relatively low state and local taxes. That means we get less of a deduction on federal taxes, and so more of our money goes to the federal government, which is responsible for Social Security, food stamps, and all the other welfare spending the feds are responsible for.

    California, meanwhile, charges very high taxes, among the highest in the country, and so they get deductions that excuse them from paying as much money into those same federal programs as the rest of the country.

    It was California's decision to raise their state and local taxes so much higher than everyone else's. It wasn't our decision here in Virginia. So why do we have to pick up their slack, from their excusing themselves from paying federal taxes?

    That's what isn't fair to the rest of the country. Californians are just having to wake up and smell the tax rates that they created for their own selves rather than riding the backs of the rest of the country and making us pay their federal share. You can't seriously believe that a state should be allowed to pass outrageous tax rates and then be shielded from the full effects of them at the expensive of everyone else.

    Quote Posted by AriG (here)
    You have absolutely no grasp on what is going on in the geopolitical economic spectrum and are citing examples that are completely irrelevant to today’s complex and controlled reality. You are way in over your head and living in a Cold War brain washed reality. Do some real research, read and understand what the wise souls on this forum have to share and open your
    Closed mind. You are so I’ll suited to this forum I am surprised that you are still a member. Duck and cover is over, DDT is NOT good for you and socialism is not the enemy. It’s far more dark and much deeper than what you can grasp.
    What does the Cold War have to do with anything? I thought it was the Democrats saying that Russia is the boogeyman now?

    Marxists have been predicting the downfall of capitalism and a "classless society" for going on 200 years now, and the only accomplishments they can claim are about 100 million deaths.

    Meanwhile capitalist countries are still prosperous and innovative and yet a very loud minority keeps railing against those damned evil rich people who are responsible for everyone else's employment.

  30. Link to Post #38
    Canada Avalon Member Fellow Aspirant's Avatar
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    Default Re: No More Personal Exemption On U.S. Income Tax

    Re: Thanks man. Yep, you got it.
    I'm an American in Canada and I still have to pay taxes to the U.S. every year.

    Actually, it gets worse for some people. Far worse. Several years ago (under Bush II?) the IRS announced that it was launching a program to seek out anyone born in the U.S. who was now living abroad and force them to pay any and all back taxes. Sounds fair enough, right? Well, the plan was not limited in its timeline, and so included people who had been living in other countries for essentially their entire lives. There are thousands of people living in Canada who were brought to this country as children (babies, even) and who are still on the hook for back taxes. Some of these folks are now nearing retirement. Quite a jolt to consider suddenly being forced to "pay back" (?) hundreds of thousands of dollars to a foreign country. The Canadian government has failed to protect these citizens, refusing to interfere with the prospect of them having their personal of their personal bank accounts garnisheed by the IRS. Although the panic seems to have died down, these folks still live with the possibility of suddenly finding themselves penniless. Or worse.

    Brian
    A human being is a part of the whole, called by us "Universe," a part limited in time and space. He experiences himself, his thoughts and feelings as something separate from the rest—a kind of optical delusion of his consciousness.

    Albert E.

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  32. Link to Post #39
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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by AriG (here)
    Quote Posted by A Voice from the Mountains (here)
    Tell China that "coal is dead."

    The idea that all rich people just want to oppress the poor, and have nothing to offer society as a whole, pretty well sums up Karl Marx. What do you think pursuing a "classless society" would do to the middle class?

    I have old family members that grew up during the depression, marinated in the mentality that all rich people are evil, who have been voting for Democrats their entire life as a result. Meanwhile they sit around watching MSM pundits (rich people) all day, on a television set (manufactured thanks to rich industrialists), on their padded rocking chairs (similarly manufactured by companies owned by evil rich people), calling each other and griping all day on telephones (manufactured and operated by evil rich people). I know the mentality all too well, and think it is a very sad mentality to live in, aside from being totally disconnected from greater reality.
    You have absolutely no grasp on what is going on in the geopolitical economic spectrum and are citing examples that are completely irrelevant to today’s complex and controlled reality. You are way in over your head and living in a Cold War brain washed reality. Do some real research, read and understand what the wise souls on this forum have to share and open your
    Closed mind. You are so I’ll suited to this forum I am surprised that you are still a member. Duck and cover is over, DDT is NOT good for you and socialism is not the enemy. It’s far more dark and much deeper than what you can grasp.
    I find it best to not engage him and the many people like him on this forum. He has an idea of the way the world is, and nothing you can say will make him reevaluate that.

    You can make wax eloquent and have excellent supporting information but it wont matter.
    Trump is GEOTUS and can do no wrong and if it appears wrong then it is just deep state fake news or a 13d chess move us mere mortals dont comprehend.

    He, like a parrot, has learned certain words and uses them but I am not sure he understands them fully. Socialism is one of those words.

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  34. Link to Post #40
    Canada Avalon Member frankstien's Avatar
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    Default Re: No More Personal Exemption On U.S. Income Tax

    Quote Posted by Fellow Aspirant (here)
    Re: Thanks man. Yep, you got it.
    I'm an American in Canada and I still have to pay taxes to the U.S. every year.

    Actually, it gets worse for some people. Far worse. Several years ago (under Bush II?) the IRS announced that it was launching a program to seek out anyone born in the U.S. who was now living abroad and force them to pay any and all back taxes. Sounds fair enough, right? Well, the plan was not limited in its timeline, and so included people who had been living in other countries for essentially their entire lives. There are thousands of people living in Canada who were brought to this country as children (babies, even) and who are still on the hook for back taxes. Some of these folks are now nearing retirement. Quite a jolt to consider suddenly being forced to "pay back" (?) hundreds of thousands of dollars to a foreign country. The Canadian government has failed to protect these citizens, refusing to interfere with the prospect of them having their personal of their personal bank accounts garnisheed by the IRS. Although the panic seems to have died down, these folks still live with the possibility of suddenly finding themselves penniless. Or worse.

    Brian
    G. Edward Griffin's book "The Creature From Jekyll Island" goes into depth on the formation of the Federal Reserve by some of the most powerful men on the planet back in 1913.

    https://archive.org/details/TheCreat...riffin/page/n3

    G.Edward Griffin interview
    https://youtu.be/Dba9OY0QatU
    Last edited by frankstien; 12th June 2019 at 22:34.
    "In real life James Bond works for S.P.E.C.T.R.E."
    --frankstien

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