Thursday, November 30, 2017

Since high income Americans generally pay the lion's share of taxes...

Why does everyone go into uproar status when tax cuts appear to help the high income Americans? 

The rhetoric is always the same: The tax cut plan doesn't benefit low income Americans. Therefore that plan is unfair and should be renegotiated. But considering the lowest 40-45 percent of American workers pay no federal income taxes to begin with, it makes sense that lower income Americans will not benefit from a federal income tax cut.

As of 2015:
  • Those making $200K or more paid approx 60% of all federal income tax. 
  • Those making $50K to $200K paid approx 35% of all federal income tax.
  • Those making $50K or less paid just over 5% of all federal income tax. 


The rhetoric that the rich don't pay their fair share, and that the burden always falls on the middle and lower classes has been and always will be debunked by the numbers. But those who want to play their games of rhetoric depend on the idea that most voters are too stupid to seek out the facts, or too stubborn in their false beliefs to believe them.

172 comments:

Anonymous said...

But those who want to play their games of rhetoric depend on the idea that most voters are too stupid to seek out the facts, or too stubborn in their false beliefs to believe them.
______________________________________________________________________________________________________________________________


this discussion always ends up highlighting the fact that the democrat base has the collective IQ of roughly room temperature. the only concept they can seem to grasp is that of wealth and class envy. dishonest as hell, but very effective.



Coldheartedtruth Teller said...

https://www.washingtonpost.com/graphics/politics/trump-revealed-book-reporting-archive/

Anonymous said...




ooooohhh...

that's quite the expose' alky.

did the WaPo remember to include the golden pee pee dossier?


Coldheartedtruth Teller said...

Amended Bill Sunsets Most Individual Provisions After 2025

Senator Hatch’s amendments to the bill would enable Senate Republicans to pass it with a bare majority through the process known as “reconciliation.” To meet the Senate’s reconciliation rules, however, the bill cannot raise deficits in any year after 2027. Senator Hatch’s amendment achieves this by setting most of the of the bill’s individual income tax provisions to expire after 2025. Only three parts of the bill would be permanent:

Large net tax cuts for corporations. The bill cuts the corporate tax rate from 35 percent to 20 percent and sets an even lower rate on the U.S. taxes that multinationals would pay on their foreign profits. Other corporate provisions would raise revenues, but not enough to cover the cost.
Repeal of the Affordable Care Act’s (ACA) individual mandate. The revised bill includes a permanent repeal of the ACA’s requirement that people get health insurance or pay a penalty. This provision would generate $53 billion in annual savings by 2027, paying for about one-third (about 4.7 percentage points) of the bill’s 15-percentage-point permanent cut in the corporate rate.[4] Repealing the individual mandate would leave 13 million more people uninsured, raise premiums for millions more, and cause uncertainty and instability in the individual health insurance market.[5]
A slower inflation adjustment, the “chained CPI.” Another way the bill pays for its permanent corporate tax cuts is by adopting a different inflation measure — the chained Consumer Price Index (CPI) — to adjust tax brackets and other tax parameters every year. The chained CPI grows more slowly than the current inflation measure, so taxpayers across the board would pay slightly more, with the impact growing over time. [6]
The new tables from JCT, Congress’ official estimator of tax legislation, show how the bill affects households, on average, in different parts of the income distribution for 2019 and every second year thereafter until 2027. Because the JCT estimates exclude the bill’s estate tax cut and present a limited set of distributional measures, understanding them requires some analysis and adjustment. Below we explain what the JCT tables show about the impact of the bill, both in 2025 and in 2027.

This paper focuses primarily on the Senate bill’s percentage changes in households’ after-tax income, the measure that most tax experts agree is the most informative way to examine how tax proposals affect different households along the income scale.[7] That’s because what affects people’s standard of living is a change in their after-tax (“disposable”) income, and looking at changes in after-tax incomes in percentage terms allows for fair comparisons among groups with widely different average incomes. This measure (excluding the impact of estate tax changes) can be calculated directly from the estimates that JCT presents.

Senate Republicans have focused on a different measure, the percent reduction in federal taxes for different income groups, and have used it to assert that middle-class households are “big winners” under previous versions of the bill. But this metric doesn’t accurately show how much better or worse off people are under a given bill, as New York University Professor David Kamin has explained.[8]

https://www.cbpp.org/research/federal-tax/jct-estimates-amended-senate-tax-bill-skewed-to-top-hurts-many-low-and-middle

The rich will get richer, most of us will be screwed. Older and retired people will end up paying more taxes. Essentially in the states that voted for Clinton.

If they remove the state and local taxes deductions, millions like my family will be fucked up the ass, and the cult following truthers, including CH, will be cheering.

Commonsense said...

If they remove the state and local taxes deductions, millions like my family will be fucked up the ass, and the cult following truthers, including CH, will be cheering

Here a hint, it they are rich enough to itemize deductions they are pretty damn wealthy to start with.

You're always for sticking it to the rich, right?

Anonymous said...

If they remove the state and local taxes deductions, millions like my family will be fucked up the ass
____________________________________________________________________________________________________________________________________

do you even fucking know that yet, alky?

have you actually done the math?

the fact is, it's too early to tell if the removal of SALT deductions will hurt the taxpayer on a net basis.

one thing's for sure - those states like NY and mexifornia have been fucking their residents for YEARS with taxes that are way too fucking high. hence their squeals when someone dares gore their sacred SALT ox.

if your SALT is that crucial, you're paying too much in taxes to begin with.


try to be honest about something for once, alky.

if you possess the intellectual capacity that is.

Anonymous said...

Here a hint, it they are rich enough to itemize deductions they are pretty damn wealthy to start with.

You're always for sticking it to the rich, right?
_____________________________________________________________________________________________________________________________


that's the one truly comical thing about these political conversations when they occur -

democrats always tie themselves in knots trying to keep their bullshit straight.


Commonsense said...

Dow hits 24000.

Coldheartedtruth Teller said...

Update, November 29, 4:45: Reported “Pass-Through” Changes to Tax Bill Would Further Skew Toward Wealthy

Senators are reportedly considering increasing to 20 percent the deduction that the Senate tax bill would give business owners for their “pass-through” income — income from businesses such as partnerships, S corporations, and sole proprietorships that owners claim on their individual tax returns that’s now taxed at the same rates as wages and salaries. The bill already would let business owners deduct 17.4 percent of their pass-through income from their taxable income, meaning that that amount would be tax free, subject to certain restrictions.

The bill’s current deduction is heavily skewed to the most profitable businesses and wealthiest business owners, we’ve explained. The amendment would make it worse. The extra 2.6 percentage points would give more to owners of the most profitable businesses, who make a greater share of their income from pass-throughs and are taxed at the highest rates.

https://www.cbpp.org/blog/tracking-the-congressional-tax-debate

So much of the provisions are supposed to lead to higher tax revenues based upon the (supply side) economic growth. The Republicans have been lying about this since Reagan. Since then the middle class share of the GDP has dropped drastically, gave the top one percent an unbelievable percentage of the GDP, and wages and benefits have in no way kept up. This bill would double down on the middle class. The Republican way.

Commonsense said...

It's actually for small business people and it's considered a good thing.

You can see how much liberals hate main street.

Coldheartedtruth Teller said...

The highly taxed California economy is soaring rrb. All you have again and again are false claims about everything and of course, alky alky alky alky alky spam.

______________

i turned off the english language corrections to look like a third grade child like you.

Coldheartedtruth Teller said...


It's actually for small business people and it's considered a good thing.


Supply side economics again and again.

You are in the cult and don't even know it.

Coldheartedtruth Teller said...

Trump’s campaign-era declaration that he could stand on Fifth Avenue and shoot someone without losing any followers, which nonplussed many, makes sense within this tradition, as does his persistent choice to sanction agents of violence through his retweets of neo-Nazi and other extremist propaganda. Authoritarians know that such threats, far from harming their popularity, are an integral part of their charismatic and masculine appeal — and are also warnings to critics and enemies that they consider themselves untouchable with respect to the law.


For a man many see as deranged, Trump has been remarkably consistent in his deployment of strongman tactics, as his latest tweetstorm shows. Over the span of a few hours on Wednesday, he called for a boycott of his arch-enemy CNN, retweeted the British right-wing anti-Muslim activist Jayda Fransen (thus legitimizing and publicizing a woman who was convicted for religiously aggravated harassment), puffed up his personality cult by drawing attention to his supposed likability, urged the public and the press to investigate the private life of a citizen (NBC’s Andrew Lack), and commented on the robust stock market.

Such tenaciousness has paid off for Trump, a man who considered running for office years ago but waited to pounce until eight years of Barack Obama’s presidency and progress in gender issues had raised conservative white resentment to the right degree. Our political climate has shifted rapidly since the election; fringe figures have been legitimized and extreme speech and images are now part of our everyday social media diet. Nazis are no longer figures from the past, but our next-door neighbors, and hate crimes have risen since last year. House Speaker Paul D. Ryan (R-Wis.), Vice President Pence and GOP luminaries strain to show obeisance, Pence being especially careful to acknowledge his leader in his tweets and other public communications.

Trump is not a fluke. Nor is he merely an irrational agent of chaos. He’s the American symptom of a cultural and political shift away from liberal democracy that has a long and destructive history. The sooner Americans see his method, rather than his madness, the more effective our opposition to him can be.

https://www.washingtonpost.com/news/democracy-post/wp/2017/11/30/no-trump-is-not-a-madman-because-he-knows-exactly-what-hes-doing/?utm_term=.48650e4ce1c6

Interesting but I think that he's giving Trump too much credit. I'm convinced that he is severely mentally ill and should be removed from the White House. I'm not alone. People inside the White House believe the same thing.

Commonsense said...

Projection. He's really afraid most people will like the tax cuts.

Anonymous said...

Reported “Pass-Through” Changes to Tax Bill Would Further Skew Toward Wealthy
_______________________________________________________________________________________________________________________________


you fucking moron.

these are small biz owners who file individually. it's helping them free up capital for investment.

this is why it is fucking impossible to have this conversation with you. you go straight to jared bernstein's class warfare talking points, and you don't even TRY to understand the fucking issue.




"The highly taxed California economy is soaring rrb."

yeah, it sure is. that must be why toyota north america moved to TEXAS.

Loretta said...

Spam by the drunken creeper.

Loretta said...

Spam by the creeper.

Anonymous said...



so let's see...


6 alky comment posts; 4 copy/paste's.


and thank goodness that we have a professor of italian studies sounding the alarm about trump the madman. to the fainting couches!!!






Coldheartedtruth Teller said...

Ill informed citizens may support the tax (reform) bill. But the polls show that a majority of Americans are opposed to the Republican bill. That's why they are not allowing a full debate. When Obama and the democrats used the same method, you were outraged. But not now. Hypocrisy is a sign of being in the cult of Trump, like Charles Manson.

Anonymous said...

But the polls show that a majority of Americans are opposed to the Republican bill.
_________________________________________________________________________________________________________________________________

are those the same polls that had queenie cankles winning by the proverbial landslide, alky?


"When Obama and the democrats used the same method, you were outraged."

well alky, it's like this -

since dirty harry reid and skeets 0linsky set the precedent for bill passage via reconciliation sans debate, it's difficult if not impossible to blame the GOP for using a method first authorized and deployed by DEMOCRATS.

hypocrisy it is not. what you're witnessing the the carrying on of a time honored democrat-initiated legislative tradition.


wphamilton said...

Your Republicans in Congress want to increase my taxes in order to give it to to people with $1,000,000 incomes and to cut corporate taxes - what is it, almost in half?

As I see it, THAT is hypocritical tax-cutting policy.

wphamilton said...

Since tax revenue from corporate taxes is such a small portion of the total (like the under-50,000 earners that you say aren't paying their share compared to the mega-millionaires), then by your logic you shouldn't complain about their tax levels.

Let alone slash their tax rates to the middle-class working guy's level.

Commonsense said...

Your Republicans in Congress want to increase my taxes in order

Just out of curiosity WP why would your taxes increase and by how much?

cowardly king obama said...

John McCain to vote 'yes' on tax reform


Sen. John McCain (R-Ariz.) has been tight-lipped in the lead-up to the tax overhaul vote, "tersely" telling The New York Times this week that "a lot of things" concerned him about the bill. On Thursday, in the wake of many similarly hesitant Republicans announcing their support of the legislation, McCain at last confirmed he is a "yes."

"I believe this legislation, though far from perfect, would enhance American competitiveness, boost the economy, and provide long overdue tax relief for middle class families," McCain said in a statement.
http://theweek.com/speedreads/740517/john-mccain-vote-yes-tax-reform

____________________________________

If course I'll believe it when I see it.....

Coldheartedtruth Teller said...

McCain said that he will vote for the bill despite faults.

Coldheartedtruth Teller said...

If you quit using stupid crap like this, we might actually take you seriously.

(queenie cankles ) and of course (alky).

And write complete sentences in English instead of rrbism.

Commonsense said...

Liberal lies:

Four Misleading Arguments against the Tax-Reform Bills

1. “Middle-class tax hike.”

Nonsense. A Tax Policy Center analysis of the Senate bill reveals that three-quarters of all families would get a tax cut. Just 12 percent would see a tax increase — and they are concentrated among the rich. The average middle-income family would receive a tax cut of approximately $850 per year through 2025.

Coldheartedtruth Teller said...

I read the Nation Review piece of ideological garbage. If they continue to exclude the deduction for local state and even the mortgage interest deduction, the National Review is specifically full of *****

Anonymous said...

If course I'll believe it when I see it.....
_______________________________________________________________________________________________________________________________


same here. perhaps he's attempting to salvage a legacy and not go out as the complete fucking asshole he's become.

.

Coldheartedtruth Teller said...

Moron truths pay the price.

President Trump currently has a plan to replace Secretary of State Rex Tillerson with CIA chief Mike Pompeo, several news outlets confirmed on Thursday.

Anonymous said...




here's your buzzfeed link, alky -

https://www.buzzfeed.com/johnhudson/trump-tillerson?utm_term=.jtA4G4wV8V#.el81B17Z0Z


Anonymous said...

BREAKING NEWS,

NANCY POLISI THROWS HER ICON JOHN CONYERS UNDER BUS, tells him to resign, oh. He is in the hospital, lol.

Anonymous said...



yeah, captain underpants con-yers had to duck into a detroit hospital to hide from the press.

Anonymous said...

Sen John McCain is a "YES"

Loretta said...

"If you quit using stupid crap like this, we might actually take you seriously."

RICH I tell ya.

Anonymous said...

Odd, he was under no stress while he is sexy up his staff, like he is a 8 mile pimp.

Yet. Since he is outed, he is have a nervous breakdown.

Strip him of his Retirement.z

cowardly king obama said...

"NANCY POLISI THROWS HER ICON JOHN CONYERS UNDER BUS, tells him to resign"

To have such a change of heart he must have rebuked her sexual overtures

Anonymous said...

Hb tells us about his perverted sex life.

"F*ck up the ass"

Anonymous said...

Blogger Roger Amick said...
If you quit using stupid crap like this, we might actually take you seriously.
____________________________________________________________________________________________________________________________


"WE" alky?

who's "we"?

is al franken standing there with you cupping your breast?



Anonymous said...

Wait a minute, HB complained about being poor, yet, for years told how wealthy he is.

RRB, hit the alky on the head, liberals can't keep thier story straight.

Anonymous said...

Oh Roger, do tell, how many sub-chapter S corps and/or sole proprietorship have yor owned?

Anonymous said...

Lol. Yep.

Anonymous said...

LOL, franken's has small hands

Anonymous said...

The US gives away business to other Nations because we have the 3 Rd highest Corp rate in the world.

So moving the US to just below the world average.

Anonymous said...




Dow Jones Industrial Average (^DJI)
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As of 12:17PM EST. Market open.


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winning bigly.






Myballs said...

Since 2011, 593 cfpb employees have donated over $114k to Democrats and one employee donated $1k to gop (Romney). This being an entity funded by the fed and therefore unaccountable to congress. That is why cordray and english wanted to keep control so badly.

Coldheartedtruth Teller said...

After I got out of the shower i saw that Pelosi told Conyers should resign.

Franken should resign too even though I disagree with the comparison between him and Moore. Another woman stepped out too. Unlike the pedophile, he admitted his actions of harassment.

Anonymous said...

Unlike the pedophile, he admitted his actions of harassment.
____________________________________________________________________________________________________________________________________


perhaps because the charges against franken are true, complete with photographic evidence.

details alky, details.


Anonymous said...

Since 2011, 593 cfpb employees have donated over $114k to Democrats and one employee donated $1k to gop (Romney). This being an entity funded by the fed and therefore unaccountable to congress. That is why cordray and english wanted to keep control so badly.
____________________________________________________________________________________________________________________________________



so...

the CFPB was, in reality, a democrat super PAC.


awesome.



wphamilton said...

Just out of curiosity WP why would your taxes increase and by how much?

Eliminates personal deductions and eliminates SALT deduction.

And beyond that, with my small tax reliefs being temporary and the breaks for the wealthy being permanent, down the road it's going to be the same situation that those liars stuck us with respective to the Bush cuts. The revenue will have to be made up, and I'll be stuck holding the bag. Again.

wphamilton said...

Corporations are already paying an effective rate of only about 18%. It's foolish to slash those rates unless you also close the special loopholes they use to avoid paying taxes.

Anonymous said...

Elimitates personal deduction", really, humm.

Anonymous said...
This comment has been removed by the author.
Anonymous said...

Anonymous wphamilton said...
Corporations are already paying an effective rate of only about 18%. It's foolish to slash those rates unless you also close the special loopholes they use to avoid paying taxes.
_________________________________________________________________________________________________________________________________


if true, i wonder why something in excess of $3 TRILLION is parked overseas.

money goes to where it's treated best, wp.



Loretta said...

"An open letter to Congress signed by 137 economists supporting GOP tax reform bill"

https://www.cnbc.com/2017/11/29/137-economists-support-gop-tax-reform-bill-in-open-letter-commentary.html

Loretta said...

"money goes to where it's treated best, wp."

Exactly.

Anonymous said...

Wait, libs say, corps don't pay taxes.

Anonymous said...
This comment has been removed by the author.
Anonymous said...

Icon John conyers has a messed for Nancy Polosi, Fuck You Bitch.

Anonymous said...

My tax rate goes from 28% to 22%.

The sole proprietorship rate wow, really be helpful.

Commonsense said...
This comment has been removed by the author.
Commonsense said...

Eliminates personal deductions and eliminates SALT deduction.

And beyond that, with my small tax reliefs being temporary and the breaks for the wealthy being permanent


So you're wealthy enough to itemize deductions and you're complaining about being shafted while "wealthy" get breaks?

Guess what, you're the wealthy and you get the same exact "breaks" as other wealthy people do.

Talk about hypocrisy.

C.H. Truth said...

if true, i wonder why something in excess of $3 TRILLION is parked overseas.

Because business executives are not smart enough to listen to Paul Krugman. Paul would let them know what is good for them.

Coldheartedtruth Teller said...
This comment has been removed by the author.
Coldheartedtruth Teller said...

Millions of people who live in other countries, who own stock of the companies that will get huge tax cuts. That won't (Trickle down), but you ignored that.

Loretta said...

"Because business executives are not smart enough to listen to Paul Krugman."

HA!

We also don't listen to emotional dribble from liberals.

Anonymous said...

Lol, Pauline krugman, omg, yes, listen to him, Dow 17,000, IF trump elected.

Anonymous said...

How many companies have you started?

Anonymous said...

Alky invested in line with krugman's advice, Dow 17,000.

Anonymous said...

Conyers told her to go fuck herself.

Anonymous said...
This comment has been removed by the author.
Loretta said...

"How many companies have you started?"

Zero.

There's no way he could make it the business world.

Anonymous said...

I know, yet, he gives his advice and "knows" what we business owners will do with them earning we would get to keep if this tax cut plan becomes law.

Anonymous said...

WP. You sound as IF your families earn too much money. After all:at a certian point you have made enough".

LOL@JVOBIMBO

Myballs said...

Conyers lawyer says if he resigns it will be for health reasons. That's why he just checked into hospital. They're setting up his excuse.

Coldheartedtruth Teller said...

The state department told the President is endangering Americans because of his irresponsible tweets.

Anonymous said...

He should have his retirement jerked. Zero tax payer payouts for this pervert.

Anonymous said...

They left her supports them USA being put at a business disadvantage by keeping business tax rate so high.

Anonymous said...

What happen to "Team amend #25".

Myballs seeing America become great again said...

Tens of millions of Americans like and follow his tweets.

Anonymous said...

Blogger Roger Amick said...
The state department told the President is endangering Americans because of his irresponsible tweets.
_________________________________________________________________________________________________________________________________



suuuuuuuuuuuuuuuuure they did, alky.


yup. radical moose-limbs ain't the problem.

trump and twitter. now THAT'S a fucking problem.


hey alky, i've been meaning to ask you...

how are you and your facebook buddies making out with your 25th amendment/impeachment overthrow of trump?

that whole 25th amendment initiative thingy seems to have died down a wee bit. just wondering how you were making out, and if you had the succession strategery for hillary all figgered out. i know you "occupy!!!11!" fellows are a hearty bunch so i figgered you guys were still on the case.

update us when you can, alky.

thanks.




Anonymous said...

Blogger Roger Amick said...

Millions of people who live in other countries, who own stock of the companies that will get huge tax cuts. That won't (Trickle down), but you ignored that.
____________________________________________________________________________________________________________________________________




alky,

look up the term "dividend."

Anonymous said...

HB, confirmed he is not a mortgage holder.

Anonymous said...




people magazine:

Joe Scarborough Says He Was Told Trump Has Early-Stage Dementia, Calls on Cabinet to Remove Him

https://www.yahoo.com/news/joe-scarborough-says-told-trump-182059557.html


huh.

trump struck a nerve with your murdered intern, eh joey?

Anonymous said...



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Quote Lookup

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Anonymous said...

Wow, krugman said, we would be at Dow 17 000 and dropping, never to recover.

Anonymous said...




literally trillion$ in new wealth created since the election.

the alky must be beside himself.


Commonsense said...

He's seeing first hand real economic results rather than to phoney ones he pushed for Obama.

Anonymous said...

He is, none of it is his. He owns no land, but that on his penny loafers.

Anonymous said...

Pres jv promised middle income tax cuts, none in 8 years.

Coldheartedtruth Teller said...

R.I.P. Gomer Pyle.

Coldheartedtruth Teller said...

Two words for k'putz.

Community Property

Kiss my gym today hard ass.

Anonymous said...

Yep

Anonymous said...

Lol@HB..

The deed to the home you live in
Does not have your name on it. The owner worried you would treat it like an ATM.

You said you have a mortgage, you don't, interloper.

wphamilton said...

So you're wealthy enough to itemize deductions and you're complaining about being shafted while "wealthy" get breaks?

That attitude that you express here, it doesn't strike you as self-contradictory coming from someone who is strongly supporting big tax breaks for the wealthy?

So only the super-wealthy are allowed to complain about taxes, but someone you think is merely "wealthy enough" can't complain? Not that I am, but still ...

wphamilton said...

Money goes where it best serves the interests of the person who controls it. Not where "the money is treated best".

Anonymous said...

Tax cuts momentum, Dow rockets. Will Dems now join in and publicly support the investor class. Those of us with 401k, 457b, 529 cool ge funds, now is the time Dems.

Anonymous said...

Omg, you got to be fucking with you with that pure bullshit.

commie said...

Menstral the clown postulated....

Here a hint, it they are rich enough to itemize deductions they are pretty damn wealthy to start with.

Gee, little ol me, retired and on a fixed income of SS and a pension owning my primary residence, according to our menstral is I am damn near wealthy! Funny how envious you are of my what I have which I really don't feel wealthy at all....I do feel comfortable with what I have as long as I manage my expenses.....Like the 7 grand of hurricane damage I had to endure because of my deductible of 3% of my house value clause.....Yep, That smarted....sure would have been nice to have spent that on a nice cruise rather than a roof leak. Oh well, I guess being wealthy in menstrals eyes is kinda funny in an absurd way.....

Yep, donnie will naturally take credit for the new record while you all give zero credit for bringing the dow from the busch recession of 7,900 to 19,700 maybe our KD the professor can calculate that percentage gain and when trump gets to the same percentage, we can then all applaud the liar in chief.... Just for fun, a little link showing what a shitty job R's, especially W have done over the years....LOL at the expected silence this will evoke.....

http://www.cleveland.com/datacentral/index.ssf/2017/01/how_did_the_dow_jones_industri.html

Four of the presidents shown on the previous slides served two terms. Here is how the Dow Jones Industrial Average changed over their full presidencies: Bill Clinton (up 227 percent); Barack Obama (up 148 percent); Ronald Reagan (up 136 percent); George W. Bush (down 25 percent).

Anonymous said...

Wp
I assume you max out your 401k and that of your wife.
If your over 50 years old you can use the catch up provision
And you max out your and your wife's IRA.

Anonymous said...

Correction, just your 402k.

18,000 each.

Yet if your over 50, add another $6,000 for a nice $24,000 a year.

Commonsense said...

but someone you think is merely "wealthy enough" can't complain? Not that I am, but still

You: And beyond that, with my small tax reliefs being temporary and the breaks for the wealthy being permanent, down the road it's going to be the same situation that those liars stuck us with respective to the Bush cuts. The revenue will have to be made up, and I'll be stuck holding the bag. Again.

So yeah you are complaining about the "wealthy" getting permanent breaks. Which is ironic because you are one of them.

Anonymous said...

$48,000 tax deferred would really take care of you getting screwed.

Commonsense said...

Gee, little ol me, retired and on a fixed income of SS and a pension owning my primary residence, according to our menstral is I am damn near wealthy!

So you have over $24,000 in itemized deductions a year do you?

That kind of makes you wealthy.

And you have bragged about having two residences. That's not exactly Hee-Haw poor even if they are doublewides.

commie said...

BTW....who cares if the new tax bill will increase the deficit by 1 trillion or so.....That's a measly 5% increase over the current numbers....piece of cake especially for our kids who will be saddled with it....screw them, we will have trumps spawn swimming in tax free estate money they so richly deserve.....BTW, tax breaks on corporations will not result in pay raises for workers, just higher dividends for maroons like KD....Great plan....

commie said...

So you have over $24,000 in itemized deductions a year do you?

Yep.....medical ,casualty losses, and head of household expenses because I have 2 old ladies living here, have been rather large the last 2 years. ....And if you think I am wealthy, you are dumber than you seem and jealous. Too funny even for an idiot like you....Yeah, i get fucked pretty good so trumps spawn can thrive.....LOL

Anonymous said...

Obama did nothing to help the workers.
IM 2009 when he took office the 401k limit was $16,500 a year, when he left it was only up to $18,000, a tiny $1,500.


In 2018, President Trump bumps it to $18,500, $500 more, a full 1/3 of what the lost years added.

Anonymous said...

Umm, NOC stock. You brag you where wealthy. Now your not.

Ok

Anonymous said...

Umm, NOC stock. You brag you where wealthy. Now your not.

Ok

Anonymous said...

This is an amazing thread.
So far HB, WP & OPIE, have complained about paying taxes.

:-( said...

"Anonymous commie said...
So you have over $24,000 in itemized deductions a year do you?

Yep.....medical ,casualty losses, and head of household expenses "

Must have huge medical bills and casualty losses since "head of household expenses" eg living expenses, are not deductible.
You may deduct only the amount by which your total medical care expenses for the year exceed 7.5% of your adjusted gross income and casualties above 10%. Must be in real poor health and have had a terrible year of losses. And you must expect these to continue in future years as these are on an per event basis,

very sad to hear.

Commonsense said...

Considering he's on Medicare plus it also very unusual.

commie said...

KD the despicable leech posted

So far HB, WP & OPIE, have complained about paying taxes.

Once again, you choose to make up your own reality which is nothing but BULLSHIT!! Please again show us all where I complained about paying taxes. Your really are running neck and neck with the lies of trump....Go away little man, that is all you are, a vain, self centered pile of lying shit without a single molecule of humility....Asshole....

You brag you where wealthy. Now your not.

Another jealous asshole who never worked a day in his life and sucks off the largess of the govmt.....

:-( said...


Looks like it could be severe mental health issues.

commie said...

The anonymous asshole proffered without thinking.....

Must have huge medical bills

Yep they are and continue, drugs are very expensive....BTW, it's none of your business what they are. I have a 94 year old MIL, and 95 year old mother who I support who have both outlived their saving and are still on a waiting list for medicaid which may give me relief. Now you got any other advice how to get out of my dilemma???? asshole.......Yes, getting hit by 2 hurricanes in the span of 1 year can get rather expensive with the deductibles

And you must expect these to continue in future years as these are on an per event basis, But, thanx for your concern and stupidity.....

I laugh at your simplistic words, come live in my shoes and tell me how well I am doing....

:-( said...


and anger management issues

you sure do point out how much it sucks to be you

very sad indeed.

wphamilton said...

Corker and Sen. Jeff Flake (R-Ariz.) said the revenue raised with tax increases — which senators say would kick in six years after the enactment of the tax legislation — would total about $350 billion, although Cornyn suggested that figure may need to go higher. https://www.politico.com/story/2017/11/30/mccain-to-vote-for-gop-tax-bill-270511

As I said, they'll raise taxes with me holding the bag, because your super-rich political masters would rather crash the US bond market than pay a penny more. As your masters have already proven. Just like your Republicans did already with the Bush tax cuts.

Coldheartedtruth Teller said...

I'm at the Kaiser Permanente medical center in Baldwin Park Kaiser optical department. I will get a test at $0.00.

I may get the new glasses if necessary free also. The Senior Advantage plan. So far a rough count it's been around $800,000 to keep me alive so I can mess with you.

Coldheartedtruth Teller said...

Millions will go to the campaign contributors. Normally both parties would be reducing the taxes on their side too. But not this time.

Coldheartedtruth Teller said...

Magic numbers!

Even with growth, the Senate tax bill still adds $1 trillion to deficits🎁🎁🎁🎁🎁

Anonymous said...

Opie , your WIFE IS WERE?

Anonymous said...

Wp,opie and HB.
First complain about taxes they pay, amazing thread. I love it.

Now, they are National debt hawks.

This after during the lost years, 14 trillion was added. Oh boy this is fun to watch

Anonymous said...

KATE STIEN , life meant nothing.

Her killer found not guilty.

San Fag city be proud.

Coldheartedtruth Teller said...

The Republican tax (reform) bill ran into a brick wall.
The nonpartisan Joint Committee on Taxation said Thursday that the GOP plan would fall well short of covering its $1.5 trillion cost through additional economic growth; it predicted $407 billion in additional revenue would come in by boosting the economy by 0.8 percent over the next decade.

That would mean a $1 trillion deficit increase, which is problematic for lawmakers like Corker, who has said he would vote against a tax bill that increased the deficit. A Senate Finance Committee aide noted that the analysis was "incomplete" since the bill text has yet to be finalized.

The debate will not be released,If it's released, the bill will not be released until 11:00 AM. That's later than usual because McConnell doesn't have a clue about what to do.

wphamilton said...

because McConnell doesn't have a clue about what to do.

I've got a good guess what he WILL do though. Fail to design a tax bill that can be accepted by both moderates, budget hawks and TP lunatics, put an incoherent bill to vote and lose. It's kind of a pattern already with this Congress.

Coldheartedtruth Teller said...

It's possible wp.

The bombshell story from The New York Times reported that the President called the chairmen of the communities investigation into the Russian intervention into the election and requested them to end their investigations. The story is not from anonymous sources.

Coldheartedtruth Teller said...

The Royal Wedding between Prince Harry and Meghan Markle is in full swing planning mode for the spring, and it looks like President Trump will not be receiving an invitation. The UK Government hasn’t officially commented on the guest list, but it does not seem likely that Trump will be invited.

Coldheartedtruth Teller said...

President Trump exhorted Senate Republican leaders, including the chairman of the Senate intelligence committee, to bring its investigation into Russian activities during last year's election to a swift conclusion, The New York Times reported late Thursday.

Sen. Richard Burr, R-N.C., told the paper that Trump told him "something along the lines of, 'I hope you can conclude this as quickly as possible.'" Burr said he told the president that "when we have exhausted everybody we need to talk to, we will finish."

The Times report, which cited half a dozen lawmakers and aides, claimed that Trump had complained to Senate Majority Leader Mitch McConnell, R-Ky., that he was not doing enough to bring the investigation to an end. Sen. Roy Blunt, R-Mo., another member of the intelligence committee, said Trump implored him to "wrap up this investigation" while the two were on board Air Force One over the summer.

Sen. Dianne Feinstein, D-Calif., a former chair of the intelligence committee, said Trump's requests were "inappropriate" and represented "pressure that should never be brought to bear by an official when the legislative branch is in the process of an investigation."

Flynn's lawyers cut ties with the Trump legal team; reaction and analysis from the 'Special Report' All-Star panel.Video
The politics of the Trump-Russia investigation

But Burr told the Times that Trump was not aware of any irregularity in his requests, due to his lack of experience in politics. He added that the president believes the Russia investigation "hampers his ability to project the strength he needs to convey on foreign policy."

The Senate Intelligence Committee is one of three congressional panels investigation Russian interference in the 2016 campaign. The others are the House Intelligence Committee and the Senate Judiciary Committee. Former FBI Director Robert Mueller was appointed by the Justice Department in May to oversee an investigation into potential coordination between Russia and the Trump campaign to influence the outcome of the 2016 presidential election.

http://www.foxnews.com/politics/2017/11/30/trump-pressured-senate-intel-gop-to-end-russia-investigation-report-says.html

https://www.nytimes.com/2017/11/30/us/politics/trump-russia-senate-intel.html

There are no anonymous sources.

It doesn't appear to be illegal. But is more evidence that he's not qualified to be our President

Coldheartedtruth Teller said...

US diplomats have dropped plans for Donald Trump to conduct a visit to Britain in January amid a war of words between the two countries’ leaders.

Mr Trump, the US president, had been pencilled in for a ‘working visit’ in the first month of 2018 to formally open America’s new London embassy.

The trip, a scaled down version of a state visit with no meeting with the Queen, was intended to allow Mr Trump to come to the UK while avoiding the mass protests a full state visit would likely trigger.

However, The Telegraph can reveal that the trip has been pushed into the long grass, with no new date in the diary picked.

A senior US diplomat said: "The idea of a visit has obviously been floated, but not December and not January. I would not expect a Trump visit in January."

It comes with relations between Theresa May and Mr Trump deteriorating in a public spat over the US president’s tweeting of...

He has disinvted to visit our staunchest ally.

Coldheartedtruth Teller said...

President Tweet is not only an embarrassment, but more importantly is that more and more people are beginning to believe that he's getting more demented quickly.

The last few days have been frightening. And no, not because he's winning on tax (reform) which may be DOA, It's because he's simply not acting rationally.

Anonymous said...

There are no anonymous sources.

It doesn't appear to be illegal. But is more evidence that he's not qualified to be our President
____________________________________________________________________________________________________________________________


damn.

i really thought you guys had him this time alky!




Loretta said...
This comment has been removed by the author.
Loretta said...

"i really thought you guys had him this time alky!"

All of his spam posted here is exactly the kind of spam that got him unfriended and blocked on Facebook by CH.

He's too stupid to know it, lol.

What a creeper.

Anonymous said...




but, but, but it's trump that is completely unhinged...




A Syracuse man is accused of threatening to kill a congressman and his family if he didn't support net neutrality, the U.S. Attorney's Office announced Wednesday.

Patrick D. Angelo, 28, of Syracuse was arrested and charged by criminal complaint with interstate communication of a threat and threatening a federal official, authorities announced. The charges carry a maximum of 10 years in federal prison and a fine of $250,000.

[...]

Authorities alleged the message said, “Listen Mr. Katko, if you support net neutrality, I will support you. But if you don’t support net neutrality, I will find you and your family and I will kill … you … all. Do you understand?”


The message allegedly continued, " 'I will literally find all … of … you and your progeny and t- (sic) just wipe you from the face of the Earth. Net neutrality is more important than the defense of the United States. Net neutrality is more important than free speech. Net neutrality is more important than health care. Net neutrality is literally the basis of the new society. That even if you don’t understand, how important it is, net neutrality is literally the basis of the new … free … society. So if you don’t support it, I am willing to lay down my li-' (recording ends).”

http://www.democratandchronicle.com/story/news/2017/11/29/man-accused-threatening-kill-congressman-over-net-neutrality/907653001/


Anonymous said...

All of his spam posted here is exactly the kind of spam that got him unfriended and blocked on Facebook by CH.
_____________________________________________________________________________________________________________________________


indeed.

and you can always tell when trump is on the cusp of another 'winning bigly' win -

the alky-lanche of copy/paste's increases exponentially.

Coldheartedtruth Teller said...

The President tried to stop the Russian investigation being conducted by the Republican controlled Senate. The Republican chairmen refused to comply with the request by the President.

This is a real news story. The fact that you are not capable of responding in a rational manner is not my problem. Note that you too were removed from the main blog list. Comments like these are the reason for your removal.

Coldheartedtruth Teller said...

The crazy young man story, in affect, is a valid comparison of irrational behavior by the President.


Thanks for your support.

Loretta said...

LOL.

MORE spam from the drunken creeper.

Loretta said...

"Note that you too were removed from the main blog list. Comments like these are the reason for your removal"

BUT, he hasn't been blocked by CH, lol. He can message CH.......

......you can't, LMAO.

Coldheartedtruth Teller said...

The Tax(Reform) Bill is stalled in the Senate, because the JCT said that: "Over ten years, the tax bill will increase the deficit by $1 trillion rather than $1.4 trillion."

This is debatable, but the other hand, it said that the impact of the deficit would result in .03% of economic growth. But they twisted in circles and didn't not that the .03% is over eight years. The bill forecast is for ten years. That .03% becomes .01% from a one TRILLION deficit.


I just love the Republicans, they are so predictable in their total hypocrisy.

Coldheartedtruth Teller said...

His impulsive behavior by blocking me allows him to spout total nonsense, and no rational discussion is allowed, because he can't understand that when two rational people can disagree with total honesty.

He's got one of the same personality features held by the President. He's never wrong.

Commonsense said...

It that what you really believe? OK!

Coldheartedtruth Teller said...

I have been sober for 2,017 days. One day at a time.

1. We admitted we were powerless over alcohol– that our lives had become unmanageable.

2. Came to believe that a Power greater than our–selves could restore us to sanity.

3. Made a decision to turn our will and our lives over to the care of God as we understood Him.

4. Made a searching and fearless moral inventory of ourselves.

5. Admitted to God, to ourselves, and to another human being the exact nature of our wrongs.

6. Were entirely ready to have God remove all these defects of character.

7. Humbly asked Him to remove our shortcomings.

8. Made a list of all persons we had harmed, and became willing to make amends to them all.

9. Made direct amends to such people wherever possible, except when to do so would injure them or others.

10. Continued to take personal inventory and when we were wrong promptly admitted it.

11. Sought through prayer and meditation to improve our conscious contact with God as we understood Him, praying only for knowledge of His will for us and the power to carry that out.

12. Having had a spiritual awakening as the result of these steps, we tried to carry this message to alcoholics, and to practice these principles in all our affairs.

Loretta said...

LOL. HIS impulsive behavior?

Just stop it.

YOU were sending him messages at all hours of the night.

He told you to stop, but YOU couldn't help yourself.

You and James ruined the legacy blog, hence this blog.

Start your own blog, invite CH to participate, chicken shit.

Loretta said...

"8. Made a list of all persons we had harmed, and became willing to make amends to them all."

Except CH.

Loretta said...

Besides being a drunken creeper, Roger is a pitiful, pathological liar.

"Here are three quick examples I found of Roger messaging me in the middle of the night.

- The first screen print was a one sided Roger conversation that ended at 5:28 AM

- The second was a classic 3:48 AM attachment (that shows no longer available)

- The third is showing two disjointed messages from 3:03AM and then again at 6:44AM

http://coldheartedtruthblog.blogspot.com/2015/11/

So Roger tells us all that he never messaged me in the middle of the night, and that I am lying, and that he always tells the truth. Perhaps I can give him the benefit of the doubt and assume it's some sort of cognitive disorder where he does things (like message people in the middle of the night) and doesn't remember?

https://coldheartedtruthblog.blogspot.com/2017/11/about-roy-moore.html?m=1

commie said...

Largest crowd evah at the tree lighting ceremony in DC.....Oh, take that back, it was the most expensive evah.....can't even have a normally joyous occasion without controversy.....sad that melodia has to sleep with his fat white ass....what a waste of a great looking women.....

http://www.tmz.com/2017/11/30/trump-first-national-christmas-tree-lighting-cost/

Donald Trump's first National Christmas Tree Lighting is gonna be bigger than Barack Obama's last one -- at least when it comes to the amount taxpayer's gotta spend for it.

Coldheartedtruth Teller said...

I've known him for close to 20 years. We have shared our addresses and other private information. I'm a fairly adept at reading personalities. He's a good man and loving father, and loves his wife. But on politics, well.. He halted it when I sent a link to a story on any of the major media outlets, he called them Fake News. Just like the President told him to think. I would not cease and desist, so blocked I was.

I also used to keep him up to speed on some health issues, and he was helpful and supportive. But politics, he's right and everyone else is wrong. So be it. His impulsive decision, oh well.

Loretta said...

"Roger continues to act as if my decision to drop him as a Facebook friend and create a new blog to separate my posts from him are over political disagreements...

the Facebook friendship deal was simple. Roger would spam me with Facebook messenger messages at all hours of the day (and night). I would sometimes be awaken in bed by my phone going off with a message at 2:00 in the morning, only to go look and see that it was Roger pinging me with a slate.com story...

If I had a dollar for every time I asked him to stop spamming me with political crap, and then another dollar for every time he promised to do so, then another dollar for every time he broke that promise... I might be able to put in a bid for the Trump Towers.

As for the blog situation... almost everyone can remember that I couldn't put up a blog post, without Roger posting something 15 minutes later over the top of it. Never would bother to offer his differing opinion in the comment section. Had to put a blog post (many times bringing up personal issues) as if this blog was about personal disagreements... rather than a blog that actually is visited a few thousand times a week.

I offered Roger his own blog (which he would not share with Rat) and that I would continue to post on the original blog. He refused it.. so I created th new blog just for my own posts... and renamed the old existing blog as the Legacy blog

I even created the hub page so that people could view blog posts and see what they wanted to read... there was no censorship of Roger's opinions. There was just a separation of main posts.. so that the blog itself did not drift further down the path of looking similar to a comment thread.

https://coldheartedtruthblog.blogspot.com/2017/10/trump-to-end-obamacare-insurance.html?m=1

Start your own blog, Roger the creeper.

Coldheartedtruth Teller said...

I didn't know that a link to him in off hours would wake him up. I wouldn't do that again, and I said so at the end of our last conversation, but it was blocked.

The fact that I don't always have regular sleep patterns is not a sign of mental illness.

I'm much more aware of medical and psychological health than any of you. I'm in excellent condition on both issues by medical professionals. I don't think that an Alzheimer's disease victim is able to perform an analysis of me. Sorry Twit, but you're just wrong.

Loretta said...

"But politics, he's right and everyone else is wrong. So be it. His impulsive decision, oh well."

You are not a smart man.

Period.

Loretta said...

"I don't think that an Alzheimer's disease victim is able to perform an analysis of me. Sorry Twit, but you're just wrong."

So, CH has Alzheimer's too?

You're calling him a liar again?

Anyone with an ounce of common sense knows how to tell time.

Coldheartedtruth Teller said...

He exaggerated most of that. But what I find amusing is that you are so obsessed with me, that you saved that.

Seriously, get some help.

Coldheartedtruth Teller said...

Yeah those multiple tests on intelligence were just more Fake News.

LOL

Loretta said...

"Roger Amick November 26, 2017 at 11:53 AM

You would like to have s** with me because of my tight white ass."

This is what passes as intellectual discussion by the creeper.

Loretta said...

"He exaggerated most of that. But what I find amusing is that you are so obsessed with me, that you saved that."

You re a pathological liar...

...AND a disgusting creeper.

Of course I saved it.

Coldheartedtruth Teller said...

The picture of the President and the Christmas Tree lightning ceremony is going to get a tweet saying that he drew the biggest crowd in history..

Coldheartedtruth Teller said...

ob·ses·sion
əbˈseSHən/Submit
noun
the state of being obsessed with someone or something.
"she cared for him with a devotion bordering on obsession"
an idea or thought that continually preoccupies or intrudes on a person's mind.
plural noun: obsessions
"he was in the grip of an obsession he was powerless to resist"
synonyms: fixation, ruling/consuming passion, passion, mania, idée fixe, compulsion, preoccupation, infatuation, addiction, fetish, craze, hobbyhorse;

Coldheartedtruth Teller said...

she cared for him with a devotion bordering on obsession"
an idea or thought that continually preoccupies or intrudes on a person's mind.
plural noun: obsessions

Twitism

Noun. she cared for him with a devotion bordering on obsession"
an idea or thought that continually preoccupies or intrudes on a person's mind.
plural noun: obsessions

Coldheartedtruth Teller said...

Too much fun.

I'm going to do my own twit blocking. The pathetic obsessed old lady needs help. I can help by ignoring anything else she will say.

commie said...


Of course I saved it.

What a pathetic creature you are.....Is this what you consider to be a worthwhile life???? How sad, but not unexpected from a loser...

Coldheartedtruth Teller said...

I couldn't believe it.

Pathetic and sad.

Anonymous said...

WP,ODOPIE AND HB.

DAY 2 off complaining about the taxes you pay?

Opie where is Mrs. Opie?

Anonymous said...

IF, Ette didn't save them you would have demand proof. She has the proof , you head to the finding couch for mutual cuddling.

commie said...

KD the fornicator posted

IF, Ette didn't save them you would have demand proof. She has the proof ,

Unlike you who never has proof....another loser like loretta..... like complaining about taxes....wood is clean burning....or police never join unions....whatta an asshole...I know where your wife is, wallowing in the pig sty,......LOL

Anonymous said...

Good morning Odopie

commie said...

FU KD

Breaking News:
Ex-National Security Adviser Michael Flynn charged with making a false statement to FBI

commie said...

Flynn to plead guilty....gee, who is next in line???? Donnie.......The right will now circle the wagons and demand mueller be fired... Yep, it sure looks rather grim for the US....

Anonymous said...

My wife is alive and well. Is yours Opie?

James said...

Quote of the Day
Dec. 1
“I have a new rule, by the way. This is King’s Rule. The faster a bill goes through, the worse it is… that’s one of the reasons I predict there’ll be a vote today, because the longer the days go on, more people learn how terrible this bill really is.”
— Sen. Angus King (I-ME), in an interview on MSNBC, on the Republican tax bill.

James said...

“The Republican tax plan is the rare piece of legislation that manages to provide something for nearly everyone to hate.”
— Hillary Clinton and Bernie Sanders’ former campaign managers, Robby Mook and Jeff Weaver, in a joint memo.

Anonymous said...

Yes, please, we want more Hillary,, more Bernie and drag in the trailer trash 2 bit Moochelle.