MILLIONS will be hit with TAXES due to UNDERPAYING for 2018 TAX CUT (TOLD YAH!)

[Truth Detector]

When it comes to Conservatism, it's always someone else's fault.

I R O N Y!!!

[LV426]

For corporate America and the wealthy is was a huge tax cut.

Well, yes. Definitely. But that's not how Conservatives were pitching it back in December 2017. Conservatives conned so many into supporting it, and now that the con has been exposed, are choosing pettiness over accountability.

But it's not gonna matter because it's not my head all those angry Trumpanzees are going to come for because of this, it's the heads of those who conned them.

Frankly, I hope they all destroy each other.

We need a Second Reconstruction, only this time, the South gets but a fraction of the representation it currently has.

[Truth Detector]

It's not even really a tax cut because they increased tax liability by limiting deductions.

For corporate America and the wealthy is was a huge tax cut.

Priceless; dumber and dumbest in a stupid competition.

[LV426]

So, to recap:

Back in December 2017, Conservatives made all these promises about the Russia Tax Cut.

Fast forward to 2019, and none of those promises came to pass.

So they previously pitched it as a benefit to everyone, and are now saying "well, I don't care if I have to pay more in taxes".

Own the libs by raising your own tax liability.

Only in America...

[LV426]

Maybe you fuckers should just have punched yourselves in your little mushroom-head dicks and barren ovaries, instead of plunging the nation into a deep fiscal hole because you needed a legislative win.

[LV426]

The politics of the Conservative Russia Tax Cut was to turn people against their own states by eliminating SALT deductions.

But it backfired because Conservatives either forgot about, or chose to ignore all the other deductions & exemptions they eliminated.

So what started out as policy we were promised would benefit everyone, has devolved into posturing of "well, I don't care about anyone anymore".

Conservatives are idiots.

2020 is coming.

[Sailor]

^Nothing worse than a welfare recipient attempting to explain tax cuts.

[Minister of Truth]

You screwed up tax policy...and since you refuse to hold yourself accountable for being conned, you just get petty.

Well, it's not gonna matter because enough Trumpanzees are finding they owe more in taxes, and they're not going to be coming for my head because of it...they're gonna be coming for those who pushed it, like you.

Enjoy 2020.

Look, if your tax burden goes-up in spite of tax cuts and the doubling of the standard deduction, then you screwed-up your taxes. You are seriously a fucking idiot. Leftists get elected to offices in America because there are people as dumb as you that Darwin has failed to catch-up with.

[Minister of Truth]

The politics of the Conservative Russia Tax Cut was to turn people against their own states by eliminating SALT deductions.

But it backfired because Conservatives either forgot about, or chose to ignore all the other deductions & exemptions they eliminated.

So what started out as policy we were promised would benefit everyone, has devolved into posturing of "well, I don't care about anyone anymore".

Conservatives are idiots.

2020 is coming.

Nothing was eliminated, you fucking idiot. There was a cap set on mortgage deductions, but it was set at $750,000.

SALT deduction have a cap, because the purpose was to get rich people in blue states to pay their fair share. Now they will.

[PostmodernProphet]

You can't itemize your deductions anymore.

What. The. Fuck. Dude?

Look, I took you clowns through the math of how your stupid Russia Tax Cut ended up increasing the average family of four's tax liability.

Before the Russia Tax Cut you support, a family of four could deduct/exempt:

$16,200 Personal Exemptions
$8,300 Mortgage Interest
$6,241 SALT
$7,998 Medical
$2,500 Student Loan Interest
$3,356 Charitable contribution
=$44,595

Yet, your standard deduction is just $24,000 (+$4K for Child credit for two kids).

So in what world is $28,000 > $44,595????

who told you that you couldn't itemize any more and why were you stupid enough to believe them?.....
here is the form you use to do so for 2018....
https://www.irs.gov/pub/irs-pdf/f1040sa.pdf

[Minister of Truth]

So, to recap:

Back in December 2017, Conservatives made all these promises about the Russia Tax Cut.

Fast forward to 2019, and none of those promises came to pass.

So they previously pitched it as a benefit to everyone, and are now saying "well, I don't care if I have to pay more in taxes".

Own the libs by raising your own tax liability.

Only in America...

My taxes were cut, you retard. I pay less in taxes now than I did in 2017.

[Minister of Truth]

Will any Democrats come to this thread and apologize for the fact that LV basically represents their party, when it comes to being this fucking retarded?

[archives]

Nothing was eliminated, you fucking idiot. There was a cap set on mortgage deductions, but it was set at $750,000.

SALT deduction have a cap, because the purpose was to get rich people in blue states to pay their fair share. Now they will.

Off topic, but can't let it pass, quickly, those blue states you are implying don't "pay their share" are in reality financing a good number of red states who rely on Federal funding, fact

And two things are happening here, with the lose of exemptions and limits on other deductions, the average American with three or four kids ain't reaping the big dividend that the double standard deduction was promised as a carrot. In the future, that will decline even further

Secondly, given that most Americans are too busy to pay attention to politics, a lot of them are going to find out that that big return they are used to come tax time ain't there because the withholding they were used to wasn't there in 2018. Guarantee at the time a lot of them thought the increase in their pay was actually due to the Trump tax cut, reality is going to sink now

[Minister of Truth]

Off topic, but can't let it pass, quickly, those blue states you are implying don't "pay their share" are in reality financing a good number of red states who rely on Federal funding, fact

And two things are happening here, with the lose of exemptions and limits on other deductions, the average American with three or four kids ain't reaping the big dividend that the double standard deduction was promised as a carrot. In the future, that will decline even further

Secondly, given that most Americans are too busy to pay attention to politics, a lot of them are going to find out that that big return they are used to come tax time ain't there because the withholding they were used to wasn't there in 2018. Guarantee at the time a lot of them thought the increase in their pay was actually due to the Trump tax cut, reality is going to sink now

Well, we'll see if Americans are as dumb as LV666 is.

[archives]

Well, we'll see if Americans are as dumb as LV666 is.

I came late, so don't know about "LV666," but there are going to be a good number of Americans who will be scratching their heads wondering how all this happened after what I was promised by Trump

And down the road it will worse given that someone is going to have to pay for this stimulus for the rich, so when cutting entitlements come into the picture Americans will see the real motivation in the Trump tax cut