Thread: Tax bill
View Single Post
Old 12-20-2017, 04:43 PM   #57
CRedskinsRule
Living Legend
 
CRedskinsRule's Avatar
 
Join Date: Aug 2008
Age: 58
Posts: 21,744
Re: Tax bill

Quote:
Originally Posted by Giantone View Post
Still looking for where I found those other numbers but this should be a good read ..............

https://www.cnbc.com/2017/12/20/fami...od&par=xfinity
EDIT: I missed this line in the article:
Quote:
In all, the family's taxes would fall by $2,119 in 2018, according to the Tax Policy Center.
If that is the largest source of pain from this tax plan, then it's not a bad deal.

Quote:
By 2027, this hypothetical family with two kids would wind up paying an additional $150 in taxes, compared with what they'd pay under today's framework because the enhanced child tax credits — and a range of individual income tax provisions — expire in 2025, the Tax Policy Center found.
I would say $75K, 2 kids is right in the middle class range, so I would rather they didn't take a hit, but $10-$12/month, that's about what they will pay when they sign up for Disney's upcoming streaming service.

S/N I STILL hate misleading headlines. "Families will feel the pain" yet their example family, gets a $2k lower tax bill in 2018. HOW IS THAT A RESPONSIBLE HEADLINE???
CRedskinsRule is offline   Reply With Quote

Advertisements
 
Page generated in 0.81442 seconds with 10 queries