....property taxes too high?

[jeffk]

Oh, and of this year I get to deduct that extra $1300!

Thanks for the reminder Don.

[webmaster]

Originally Posted by jeffk

Oh, and of this year I get to deduct that extra $1300!

Me too! I don't know whether to add a or a .

[Garcia]

I am curious as to how I'll make out. So far I have not seen any meaningful change in my pay. My bigger concern is the incredible growing deficit. I remain dumbfounded by the GOP's unwillingness to address the deficit, despite years of promises to do just that and years of criticizing the Obama administrations spending. And before anyone says otherwise, a booming stock market does not reduce the deficit. Are the Democrats any better? Of course not.

[Biggd]

After years of my Corp and LLC creating a tax loss to off set my income, thus paying very little in taxes, now my accountant tells me he doesn't want to see losses in those anymore. He says I will pay less on Corp tax profits than I will pay on my personal tax filing.
So now I have a whole new way of thinking, run up my Corp profits and pay less in taxes. Thanks Mr. Trump!

[joey2665]

Originally Posted by Biggd

After years of my Corp and LLC creating a tax loss to off set my income, thus paying very little in taxes, now my accountant tells me he doesn't want to see losses in those anymore. He says I will pay less on Corp tax profits than I will pay on my personal tax filing.
So now I have a whole new way of thinking, run up my Corp profits and pay less in taxes. Thanks Mr. Trump!

Good advice. It is a delicate balance between the W-2 from the business, your contribution to a tax deferred plan and you profit reported on your K-1 all combined with the new small business deduction. If done properly you can certainly reduce your tax significantly.

[Biggd]

Originally Posted by joey2665

Good advice. It is a delicate balance between the W-2 from the business, your contribution to a tax deferred plan and you profit reported on your K-1 all combined with the new small business deduction. If done properly you can certainly reduce your tax significantly.

He said no more pay raises for me. My wife is none too happy about that!

[MAXUM]

Originally Posted by Garcia

I am curious as to how I'll make out. So far I have not seen any meaningful change in my pay. My bigger concern is the incredible growing deficit. I remain dumbfounded by the GOP's unwillingness to address the deficit, despite years of promises to do just that and years of criticizing the Obama administrations spending. And before anyone says otherwise, a booming stock market does not reduce the deficit. Are the Democrats any better? Of course not.

This will get even more ugly as interest rates continue to rise. Problem is for a huge percentage of the population living constantly in debt is a way of life, so the government doing the same is no big deal....

[Hillcountry]

Originally Posted by Garcia

I am curious as to how I'll make out. So far I have not seen any meaningful change in my pay. My bigger concern is the incredible growing deficit. I remain dumbfounded by the GOP's unwillingness to address the deficit, despite years of promises to do just that and years of criticizing the Obama administrations spending. And before anyone says otherwise, a booming stock market does not reduce the deficit. Are the Democrats any better? Of course not.

I don’t recall the out of control deficit to be one of the present administration’s election talking points but give him some time...after he makes good on all his other promises, which he seems to be doing, perhaps he’ll tackle it. And you’re right...no side is better than the other concerning making it a priority.

[thinkxingu]

Originally Posted by Hillcountry

I don’t recall the out of control deficit to be one of the present administration’s election talking points but give him some time...after he makes good on all his other promises, which he seems to be doing, perhaps he’ll tackle it. And you’re right...no side is better than the other concerning making it a priority.

Trump said he would pay it off in 8 years. One thing Trump is really good at is spinning data. I remember how he blasted Obama's 5% unemployment numbers saying they were "fake" and were really double that and then, one year later, using the numbers he previously claimed as fake. Of course, Americans fall for it, so...

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[Hillcountry]

Originally Posted by thinkxingu

Trump said he would pay it off in 8 years. One thing Trump is really good at is spinning data. I remember how he blasted Obama's 5% unemployment numbers saying they were "fake" and were really double that and then, one year later, using the numbers he previously claimed as fake. Of course, Americans fall for it, so...

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Nobody “falls for” anything. I believe the reports I see from respected and truthful sources...not just Fox News. Unemployment numbers are at an all time low as evidenced by all the jobs available and from what the “experts” in financial fields report. People who hate Trump get to ride the wave of prosperity as well. Obama will go down as the worst pres. in history for attempting to turn the USA into another member of the EU with his “global” designs.

[thinkxingu]

Originally Posted by Hillcountry

Nobody “falls for” anything. I believe the reports I see from respected and truthful sources...not just Fox News. Unemployment numbers are at an all time low as evidenced by all the jobs available and from what the “experts” in financial fields report. People who hate Trump get to ride the wave of prosperity as well. Obama will go down as the worst pres. in history for attempting to turn the USA into another member of the EU with his “global” designs.

Show me the same source reporting on unemployment last year and this--include the history graph.

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[Biggd]

Originally Posted by Hillcountry

I don’t recall the out of control deficit to be one of the present administration’s election talking points but give him some time...after he makes good on all his other promises, which he seems to be doing, perhaps he’ll tackle it. And you’re right...no side is better than the other concerning making it a priority.

Maybe when he gets the money from Mexico when they pay for the wall?

[Hillcountry]

Originally Posted by Biggd

Maybe when he gets the money from Mexico when they pay for the wall?

He’s already done this by re-negotiating the nafta deal..Mexico will pay indirectly for the wall...this is what libs never understood. His game is playing out...just watch.

[thinkxingu]

Originally Posted by Hillcountry

He’s already done this by re-negotiating the nafta deal..Mexico will pay indirectly for the wall...this is what libs never understood. His game is playing out...just watch.

Wow, talk about drinking the Kool-Aid.

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[Biggd]

Originally Posted by Hillcountry

He’s already done this by re-negotiating the nafta deal..Mexico will pay indirectly for the wall...this is what libs never understood. His game is playing out...just watch.

So the money from the new NAFTA deal that should be going to pay down the deficit will now go to pay for a wall that Mexico should be directly paying for not indirectly, I get it?
I think everyone can agree that a new NAFTA deal was long overdue and I will give him all the credit for getting that new deal done but I don't want a dime of my hard earned tax money to go for paying for a wall, directly or indirectly.

[Hillcountry]

Originally Posted by Biggd

So the money from the new NAFTA deal that should be going to pay down the deficit will now go to pay for a wall that Mexico should be directly paying for not indirectly, I get it?
I think everyone can agree that a new NAFTA deal was long overdue and I will give him all the credit for getting that new deal done but I don't want a dime of my hard earned tax money to go for paying for a wall, directly or indirectly.

I’d rather contribute to secure borders than planned parenthood...

[ApS]

Originally Posted by Hillcountry

He’s already done this by re-negotiating the nafta deal..Mexico will pay indirectly for the wall...this is what libs never understood. His game is playing out...just watch.

The payments began "indirectly" two years ago, with US companies negotiating deals to "stay-put" in the USA.

Originally Posted by Rusty

"can't except"..or..can't accept?
IMO "millennials" love this country just as much as other generations have.

As much as "The Greatest Generation"?


A notable percentage of "Millennials" are foreigners.


"Millennial" Seth Rich was born in the US, wore the US flag as clothing, noted a major shift of allegiance within his party—and may have loved this country.

"Millennial" Jackson A. Kosko was arrested in DC yesterday on seven charges including "witness tampering".

(There's a NH connection to Maggie Hassan).

[Garcia]

Originally Posted by Hillcountry

I don’t recall the out of control deficit to be one of the present administration’s election talking points but give him some time...after he makes good on all his other promises, which he seems to be doing, perhaps he’ll tackle it. And you’re right...no side is better than the other concerning making it a priority.

He pledged to eliminated the $18 trillion dollar debt in 8 years - as well as to eliminate the $400 billion annual deficits Obama ran up. So far he has increased the national debt by $1 trillion dollars.

[Hillcountry]

Originally Posted by Garcia

He pledged to eliminated the $18 trillion dollar debt in 8 years - as well as to eliminate the $400 billion annual deficits Obama ran up. So far he has increased the national debt by $1 trillion dollars.

Someone already said that... time will tell.