Callinectes (02-12-2019), Earl (02-12-2019)
Callinectes (02-12-2019), Earl (02-12-2019)
Callinectes (02-12-2019), Earl (02-12-2019)
The ones who will be hit are the ones from high tax states like New York and California. They will loss the ability to deduct state and local income and sales and property taxes.
The rest of the country is no longer supporting these higher taxed states.
I wonder if the media will interview any of the millions that will benefit from the new tax laws. Probably not.
Callinectes (02-12-2019), Earl (02-12-2019)
Callinectes (02-12-2019)
A lot of people. I don't understand it, and I try to explain to people that they are giving the govt. an interest free loan. They still prefer a big refund, because they (evidently) don't have the ability to take the extra money/week that they would otherwise get, and put it in the bank.
Once in a while you get shown the light, in the strangest of places if you look at it right.
I didn’t know this was Mr. Wizard and you know millions didn’t benefit from the tax cuts. Wow
Forbes wrote on 12/21/18 that low tax states led by Texas outpaced job growth in high tax states by 71%. That shoots your statement that high tax states subsidize low tax states.
The tax cuts are found in your paycheck through lower employer withholding.
Workers are paying lower taxes and also receive higher wages generated by a faster growing economy.
Earl (02-12-2019)
I have never had a job from anyone who had no money.
Most Americans are employed by businesses and when businesses do well the workers have a job and do well.
The old tax code pushed businesses overseas and put workers in this country at a disadvantage.
There are now more jobs than applicants. More job openings are a sign of a healthy economy one in which employees benefit.
When unemployment is low businesses could be forced to pay higher wages, bonus and benefits to keep their employees.
The new corporate tax rate makes America more competitive in the global economy.
Bookmarks