The propaganda has already started, even on MSNBC I'm seeing ads telling me how great this thing will be for me. One would think those would have aired before the votes but nothing matters anyway.

Why are we taking a random example...I don't have any kids. Just me and the wife.

Taxes be going DOWN. This bill is gonna save us thousands of dollars next year.

But your taxes won’t go down for 9 years

You will see nominal tax decrease for a few years and then a nominal tax increase for a few years after that.

In he meantime, these rich ****s get to have a top tax rate of 25% on all passive flow through income.

Same posters still continue to post, same posters seem to still be way out of touch with reality. MAGA, cant wait in 3 years to watch this forum cry again on election night when Trump wins in a landslide.

How do you figure it's a nominal decrease???

As a pass through owner I'm not too mad.

this is lol tho:

JFC, you are so grossly uninformed. Its literally called a "personal exemption" that currently allows you to deduct $4050 for each member of your household.

https://en.wikipedia.org/wiki/Person...(United_States)

It took George W. Bush and his Republican cronies eight years to destroy the country's economy, but they managed to do it.

Just because you fail to see the train coming down the tracks doesn't mean it's not coming down the tracks.

So hypothetically if Charles Koch owned 100% of Koch Industries LLC he gets taxed at a higher rate than if he owned it 50/50 with his brother David Koch?

Also, I don't even see a 4 point drop in any bracket. wtf is taso talking about?

Its not... keep telling yourself that. Its seriously amazing at this place. Just a bunch of whiny liberals that do not have any idea what people want. Literally 0 clue. Literally cry about everything Trump does

you're probably forgetting that taso just has no ****ing clue what he's talking about. would love to have him actually do a breakdown of 2017 vs 2018 with his actual income numbers so we could all have a laugh at his errors.

No, it's the other way around. He would get taxed at the same rate owning 50% of Koch vs. owning 100% vs conducting the activities that Koch conducts in his personal capacity with no entity around at all. (Also Koch Industries is famously an S corporation, so it's not disregarded even if it's wholly owned by somebody.)

I'm too lazy to upload a screen shot for you

http://money.cnn.com/interactive/new...ets/index.html

He's almost certainly getting in awal $20 a week, max. He's a "libertarian" who magically goes to bat for all of Daddy's nonsense.

yea, it's not like there's not polling that has this tax bill at like a 29% favorability rating.

i'm guessing all these liberals are forgetting how trump campaigned on making the rich richer and they voted for him because of that. that's really what people want, man. totally spot on.

Because a lot of people believe the lies that their taxes are going up.

When that proves false, I cannot wait to see Democrats campaigning on raising everyone's taxes, didn't think it'd be possible for them to **** it all up again and give us another four years of Trump, but they're gonna manage it.

Almost all of the old 28% bracket for MFJ is now in the 24% bracket, as is some of the 33% bracket.

I see that now.

oh, so taso thinks his entire income is now subject to 4% less in taxes, lol

Hey people making $1 million or more per year: Your taxes are going up. A lot.

Hey people not making $1 million or more per year: Your taxes are going down.

I think most would be okay with this message.

On Koch's oafish son

https://deadspin.com/bless-this-oafi...rts-1821513843

This is why Trump is so unpopular and votes are swinging heavily towards Ds in every special election.

As your Daddy would say, no bubble, no bubble, you're the bubble.

it's probably because people believe the truths that the rich are getting a major ****ing tax cut, financed with debt while the market is at an all-time high and the economy is growing a decent clip.

pretty sure everyone on this thread understands most people are getting a very modest tax cut for a few years and aren't arguing otherwise.

You want some action on this? With current approval ratings he's got no shot.

You're people. What do you want?

The actual change in taxes probably isn't going to be noticeable for most people. Time will tell what actually happens, but for the most part people will not separate their general economic situation from their taxes. If their economic situation gets better, they will be happy about it and if it gets worse they will be sad. For example, if someone saves $50 a month in taxes on their paycheck but their healthcare deduction is $60 more, all they will see is $10 per paycheck.

I think you also overestimate the level to which reality will shape people's opinions. This tax bill is already unpopular and there is a lot of inertia that goes with that. Many people who have basically no idea what the effects of the Affordable Care Act are absolutely hate that thing, and it would take very significant and observable positive effects to change that. An extra ~$3.50 per paycheck is probably not going to accomplish that for someone who has already been convinced this thing is bad.