The only middle class taxpayers that lose with Trump tax reform live in high tax states like CA, MA, NY, etc. I have what would likely be called upper middle class income, I came out slightly better. I live in low tax state.

Muh Jester

(02-08-2019 05:48 PM)THE NC Herd Fan Wrote:  The only middle class taxpayers that lose with Trump tax reform live in high tax states like CA, MA, NY, etc. I have what would likely be called upper middle class, I came out slightly better. I live in low tax state.

let's see how blue they remain moving forward, eh? the exterior just got a wake up call....

(02-08-2019 04:37 PM)Machiavelli Wrote:  

(02-08-2019 02:34 PM)Kronke Wrote:  Now resident leftists are using fake stories from bot accounts to fuel their own fake stories. Wow.

In case you missed it,

On page 2 of this thread, the OP was debunked as 100% fake. There's a reason why mach has since aborted this thread. If you click the picture in the OP and scroll down, the person that originally posted it ("jester" -- the source of a lot of mach's fake Russia stories) is laughing about how he's retweeting unsuspecting Trump supporters that are arguing with what he knows to be fake stories from bot accounts.

What are you talking about? None of this is 100% fake. Jester is not laughing.

That’s right we all laugh at him.

So how many times a week do you suckle at his teat? I say this because he’s possibly a 400 lb man in his mother’s basement.

(02-08-2019 03:07 PM)VA49er Wrote:  

(02-08-2019 02:34 PM)Kronke Wrote:  Now resident leftists are using fake stories from bot accounts to fuel their own fake stories. Wow.

In case you missed it,

On page 2 of this thread, the OP was debunked as 100% fake. There's a reason why mach has since aborted this thread. If you click the picture in the OP and scroll down, the person that originally posted it ("jester" -- the source of a lot of mach's fake Russia stories) is laughing about how he's retweeting unsuspecting Trump supporters that are arguing with what he knows to be fake stories from bot accounts.

It's sad they they know they are being lied to yet continue to push such nonsense. They are pawns in a bigger scheme yet seem fully content with continuing to play the fool.

Coming from a trump supporter, who decided to play the fool long ago, this is especially funny.

(02-08-2019 08:16 PM)cb4029 Wrote:  

(02-08-2019 03:07 PM)VA49er Wrote:  

(02-08-2019 02:34 PM)Kronke Wrote:  Now resident leftists are using fake stories from bot accounts to fuel their own fake stories. Wow.

In case you missed it,

On page 2 of this thread, the OP was debunked as 100% fake. There's a reason why mach has since aborted this thread. If you click the picture in the OP and scroll down, the person that originally posted it ("jester" -- the source of a lot of mach's fake Russia stories) is laughing about how he's retweeting unsuspecting Trump supporters that are arguing with what he knows to be fake stories from bot accounts.

It's sad they they know they are being lied to yet continue to push such nonsense. They are pawns in a bigger scheme yet seem fully content with continuing to play the fool.

Coming from a trump supporter, who decided to play the fool long ago, this is especially funny.

For you and mach



Xxoo

(02-08-2019 02:33 PM)WKUYG Wrote:  

(02-08-2019 02:25 PM)Owl 69/70/75 Wrote:  

(02-08-2019 01:09 PM)JDTulane Wrote:  

(02-08-2019 04:05 AM)chargeradio Wrote:  

(02-08-2019 02:55 AM)Machiavelli Wrote:  https://www.yahoo.com/amphtml/lifestyle/...32057.html

I wonder how many of these people live in high tax states like California, or have large mortgage balances? Those are the only ways I could see these scenarios realistically happening.

I'm neither of those and have seen a near $2k flip from last year. But, c'est la vie. I'm a progressive and taxes be taxes.

Then unless you've seen a significant uptick in income (thank you, Trump), or there was a major mistake somewhere, your story is difficult to believe. Perhaps it could happen if you had a large charitable or medical or other itemized deductions last year but not repeated this year. But absent some major change in income or deductions, your story seems very unlikely. The dynamics of tax determination simply don't work that way.

Anybody can say anything on a message board, whether true or not. In order to make me believe that your story is true, you'd have to provide more details about your tax situation, and frankly I would not recommend providing that information in this kind of forum.

Well he could have had gambling debts he wrote off last year....

but this year he failed to pay them so he couldn't write it off? Could be, we seen that action before. But then again his word is not very reliable so thats very possible

(02-08-2019 08:30 PM)shere khan Wrote:  

(02-08-2019 08:16 PM)cb4029 Wrote:  

(02-08-2019 03:07 PM)VA49er Wrote:  

(02-08-2019 02:34 PM)Kronke Wrote:  Now resident leftists are using fake stories from bot accounts to fuel their own fake stories. Wow.

In case you missed it,

On page 2 of this thread, the OP was debunked as 100% fake. There's a reason why mach has since aborted this thread. If you click the picture in the OP and scroll down, the person that originally posted it ("jester" -- the source of a lot of mach's fake Russia stories) is laughing about how he's retweeting unsuspecting Trump supporters that are arguing with what he knows to be fake stories from bot accounts.

It's sad they they know they are being lied to yet continue to push such nonsense. They are pawns in a bigger scheme yet seem fully content with continuing to play the fool.

Coming from a trump supporter, who decided to play the fool long ago, this is especially funny.

For you and mach



Xxoo

the centerpiece valentine is priceless....

we're having too much fonzies....

(02-08-2019 05:03 PM)Machiavelli Wrote:  Now hear ye...

Now hear ye.....

Take notes Kronke.

I would like to publicly announce that Kronke has made a valid point. I researched two of the tweets and they had no more than two tweets among them. He has made more than a fair point and Kronke’s argument holds and is credible.

The tweet is fakery, but the screw job the middle class is taking is not.

So that's really all you're saying.

I actually stopped by my CPA's office today for some tax filing questions. Looks like I'm going to come out near the same as I have in previous years. I feel so violated and betrayed!

(02-08-2019 09:07 PM)UCGrad1992 Wrote:  I actually stopped by my CPA's office today for some tax filing questions. Looks like I'm going to come out near the same as I have in previous years. I feel so violated and betrayed!

no lube req'd, eh?

geaux 'figure'

https://itep.org/netflix-posted-biggest-...ome-taxes/

Don't know if anyone has posted this yet or not, but Netflix supposedly made $845 million in profit in 2018 but didn't pay a dime in federal or state income taxes. In fact it reported a $22 million federal tax rebate. There's a reason my wife's law firm is doing so well (although I doubt they have Netflix as a client).

I'm sure Netflix is doing this on deferred income somehow. Didn't they get into trouble with investors recently because they're not showing enough profit and instead are throwing all their money into new content? All of my income is being deferred into future content as well (paying off my house and other possessions, etc.) but I don't think the government will let me get away without paying any income taxes.

(02-08-2019 09:59 PM)Fort Bend Owl Wrote:  https://itep.org/netflix-posted-biggest-...ome-taxes/
Don't know if anyone has posted this yet or not, but Netflix supposedly made $845 million in profit in 2018 but didn't pay a dime in federal or state income taxes. In fact it reported a $22 million federal tax rebate. There's a reason my wife's law firm is doing so well (although I doubt they have Netflix as a client).

They did have a $100 million foreign income tax liability. I would guess that they have made use of the "double Irish" tax practice to reduce their liability somewhat.

Same ol' song and dance, I see. I'll go back to lurking and listening to the Blaze Radio Network now.

(02-08-2019 08:33 PM)TigerBlue4Ever Wrote:  

(02-08-2019 05:03 PM)Machiavelli Wrote:  Now hear ye...

Now hear ye.....

Take notes Kronke.

I would like to publicly announce that Kronke has made a valid point. I researched two of the tweets and they had no more than two tweets among them. He has made more than a fair point and Kronke’s argument holds and is credible.

The tweet is fakery, but the screw job the middle class is taking is not.

So that's really all you're saying.

He (Mach) used fake news to get his opinion across.

Mods, can we have the tag changed to "OPINION" for future reference? Thanks.

(02-08-2019 05:03 PM)Machiavelli Wrote:  Now hear ye...

Now hear ye.....

Take notes Kronke.

I would like to publicly announce that Kronke has made a valid point. I researched two of the tweets and they had no more than two tweets among them. He has made more than a fair point and Kronke’s argument holds and is credible.

The tweet is fakery, but the screw job the middle class is taking is not.

I disagree with your characterization of the Trump tax cut & jobs act, but I appreciate you taking the time to do further research on your claim and correcting.

(02-08-2019 09:59 PM)Fort Bend Owl Wrote:  https://itep.org/netflix-posted-biggest-...ome-taxes/

Don't know if anyone has posted this yet or not, but Netflix supposedly made $845 million in profit in 2018 but didn't pay a dime in federal or state income taxes. In fact it reported a $22 million federal tax rebate. There's a reason my wife's law firm is doing so well (although I doubt they have Netflix as a client).

I'm sure Netflix is doing this on deferred income somehow. Didn't they get into trouble with investors recently because they're not showing enough profit and instead are throwing all their money into new content? All of my income is being deferred into future content as well (paying off my house and other possessions, etc.) but I don't think the government will let me get away without paying any income taxes.

Really? You post an article from a pro-tax group that offers zero specifics?

I shouldn't be surprised because the only meaningful posts you have ever made here in the Spin Room are the ones you have made in DavidSt's vapid Grim Reaper thread. I'd imagine there's a **** pot load of Rice fans who are absolutely pissed that you are giving them a bad name.

(02-09-2019 01:51 AM)Kaplony Wrote:  

(02-08-2019 09:59 PM)Fort Bend Owl Wrote:  https://itep.org/netflix-posted-biggest-...ome-taxes/

Don't know if anyone has posted this yet or not, but Netflix supposedly made $845 million in profit in 2018 but didn't pay a dime in federal or state income taxes. In fact it reported a $22 million federal tax rebate. There's a reason my wife's law firm is doing so well (although I doubt they have Netflix as a client).

I'm sure Netflix is doing this on deferred income somehow. Didn't they get into trouble with investors recently because they're not showing enough profit and instead are throwing all their money into new content? All of my income is being deferred into future content as well (paying off my house and other possessions, etc.) but I don't think the government will let me get away without paying any income taxes.

Really? You post an article from a pro-tax group that offers zero specifics?

I shouldn't be surprised because the only meaningful posts you have ever made here in the Spin Room are the ones you have made in DavidSt's vapid Grim Reaper thread. I'd imagine there's a **** pot load of Rice fans who are absolutely pissed that you are giving them a bad name.

Yep, I finished my taxes for the Feds. I came out a little bit better. The interesting part is that they've figured the standard deduction and raised the tax rates just about right to eliminate a boat load of document saving and calculations on schedule A. It's really simpler.

That said if you used a personal vehicle for business, or have a really massive mortgage, or owned a second home you take a hit, and in some cases a substantial one.

I sincerely doubt that what most think of as the middle class got hit at all.

(02-09-2019 01:51 AM)Kaplony Wrote:  

(02-08-2019 09:59 PM)Fort Bend Owl Wrote:  https://itep.org/netflix-posted-biggest-...ome-taxes/

Don't know if anyone has posted this yet or not, but Netflix supposedly made $845 million in profit in 2018 but didn't pay a dime in federal or state income taxes. In fact it reported a $22 million federal tax rebate. There's a reason my wife's law firm is doing so well (although I doubt they have Netflix as a client).

I'm sure Netflix is doing this on deferred income somehow. Didn't they get into trouble with investors recently because they're not showing enough profit and instead are throwing all their money into new content? All of my income is being deferred into future content as well (paying off my house and other possessions, etc.) but I don't think the government will let me get away without paying any income taxes.

Really? You post an article from a pro-tax group that offers zero specifics?

I shouldn't be surprised because the only meaningful posts you have ever made here in the Spin Room are the ones you have made in DavidSt's vapid Grim Reaper thread. I'd imagine there's a **** pot load of Rice fans who are absolutely pissed that you are giving them a bad name.

First I'm a huge Netflix fan. Regardless of their tax situation.

Secondly your second statement is wrong because Rice doesn't have a crapload of fans (either on this board or in real life). I wish that was different but the disbanding of the SWC was pretty much a death sentence to Rice athletics.

Probably the most vocal fan they have on the Rice sports site is way more liberal than me (but he doesn't post in this part of the site). And actually Rice is incredibly liberal by Texas standards - it's been consistently voted the most liberal school in Texas. You should go to the Kent Rowald Memorial Quad and check out the thread on the current Rice student exposing old blackface photos in decades-old Rice yearbooks.

Silly to take home more all year then complain that you didn't get the overpay check that you used to get for overpaying.