Here who's winning under Trump Tax Law

Grumpy said:
no evidence of mass migration to Red states.
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No evidence, Grumps? I already posted this for anchovies.

Just last month, United Van Lines released its 42nd annual "National Movers Study," which tracks comings and goings from all the states.

Last year, the study said, 61.5% of New York movers left the state; just 38.5% moved in. Among those who left, 41% earned $150,000 or more. Just 8.4% earned less than $50,000.

From 2010 to mid-2017, New York had a net outmigration of over 1 million people, more than any other state.

Last year, a study by Wallet Hub looked at states ranked by their total tax burden. New York came out on top. Our own report compared Wallet Hub data with Census data from 2007 to 2016. New York lost 1.3 million citizens, more even than California, which lost just under a million, and Illinois.

Recent changes in the deductibility of federal taxes certainly hasn't helped high-tax states like New York. The wealthy have choices that others don't. One of those choices is to move if taxes become not merely burdensome, but punitive. That's what's happening in New York.

By the way, we also compared the Wallet Hub data with the states that were gaining population, and lo and behold: Five low-tax states — Texas, Florida, North Carolina, South Carolina and Washington — gained the most population.

In short, high taxes drive people away; low taxes attract them. It's simple economics, yet so many Blue States don't get it.

https://www.investors.com/politics/editorials/cuomos-budget-rich-high-taxes/
 
Legion said:
If you say so.

I wouldn't believe a liberal making anecdotal claims, so why should I believe anyone else who does it?
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because there is no reason not to believe it. there is no questioning that rates were lowered so if you were paying taxes to begin with, you payed less after the reduction.
now if you had a sudden and dramatic increase in earnings it would be harder to see but that wasnt the case with me so its very simple to see.
hell, just blook at the ta tables for the 1040, its undeniable.
 
It is official......I did my taxes this morning.......although my 2018 income was higher than 2017, my tax liability was down $1650........
 
Legion said:
No evidence, Grumps? I already posted this for anchovies.

Just last month, United Van Lines released its 42nd annual "National Movers Study," which tracks comings and goings from all the states.

Last year, the study said, 61.5% of New York movers left the state; just 38.5% moved in. Among those who left, 41% earned $150,000 or more. Just 8.4% earned less than $50,000.

From 2010 to mid-2017, New York had a net outmigration of over 1 million people, more than any other state.

Last year, a study by Wallet Hub looked at states ranked by their total tax burden. New York came out on top. Our own report compared Wallet Hub data with Census data from 2007 to 2016. New York lost 1.3 million citizens, more even than California, which lost just under a million, and Illinois.

Recent changes in the deductibility of federal taxes certainly hasn't helped high-tax states like New York. The wealthy have choices that others don't. One of those choices is to move if taxes become not merely burdensome, but punitive. That's what's happening in New York.

By the way, we also compared the Wallet Hub data with the states that were gaining population, and lo and behold: Five low-tax states — Texas, Florida, North Carolina, South Carolina and Washington — gained the most population.

In short, high taxes drive people away; low taxes attract them. It's simple economics, yet so many Blue States don't get it.

https://www.investors.com/politics/editorials/cuomos-budget-rich-high-taxes/
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Sorry that isn't evidence lt's hearsay not admissable. So sorry.
 
My final word on personal posts. What someone should do and what they can do are two different entities. No one should believe personal information but it is verifiable. They can, if they care enough, verify personal information.

I have offered to verify my personal information to posters near me, less then 50 miles. No takers. So, if they do not care to verify what is verifiable, I don’t personally care what they believe.

Slugs who are too lazy...or, perhaps, too timid to drive a few miles...to hell with them. I don’t give a rat’s culo what they believe or what they want.

Ya esta.
 
Celticguy said:
do the math, this will help
https://www.irs.gov/pub/irs-dft/i1040tt--dft.pdf
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You're missing the point. As I already stated, based on the statistical evidence, it is possible, and perhaps likely that you, Grumps and PMP enjoyed a tax benefit.

None of you have provided any evidence. Nor would I expect you to. There is simply no plausible benefit to making unverified claims on a political discussion forum that I can think of.

That does not mean I am calling you liars, BTW. Because anecdotal evidence is not conclusive, your claims are unproven. That's not the same thing as saying that they are false.

Understand?
 
PostmodernProphet said:
you are not happy that my taxes are down?......
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I don't know for a fact that your taxes are down, Counselor.

I will stipulate for the record that I believe that it is possible. Absent my examination of your personal financial documents, your claim is mere hearsay, as you knew when you posted it.
 
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