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81_Hokie
Joined:
03/16/2005
Posts:
16392
Likes:
28628
What's this?
No kids here. Congress should add some tax credits for me. Maybe some
dog rescue credits or put classic cars back on the road credits. Kids aren't the only expenses people have you know.
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psychobilly
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Posted: 12/17/2017 at 10:32AM
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Current Thread:
2k child tax credit for families making 400k
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PalmyraHoo
12/17/2017 09:44AM
$400k is a ton in podunk Palmyra, but a different story in a big city.
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HootiesJohnson
12/17/2017 7:07PM
Woosh! Just saw this post and replied. Widely vetted below. **
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HootiesJohnson
12/17/2017 7:08PM
Some of the themes in this thread are rather comical.
--
Hoodafan
12/17/2017 4:31PM
It appears that the well heeled are better off than Trump's deplorables....
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Chuck Taylor
12/17/2017 3:29PM
Of all the awful parts of the bill
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WahooMatt05
12/17/2017 12:07PM
Why not? List the other twenty five ahead of this.
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Hokieesith
12/17/2017 2:21PM
Another class-warrior Trotskyite emerges! I knew this bill was good for
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southdenverhoo
12/17/2017 11:28AM
Threshold raised from $110k to $400k for couples
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dajoka004
12/17/2017 11:04AM
Will a $400,000 family get a $2k tax credit?
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111Balz
12/17/2017 12:58PM
Why are you asking a question that my post has the answer to?
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dajoka004
12/17/2017 5:02PM
Are yopu gping to answer a question for a change or just run and hide? **
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111Balz
12/17/2017 8:26PM
I'm thinking that there are details in the bill that no one knows about
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NJHoo
12/17/2017 2:18PM
Child-free citizens should not be forced to subsidize the reproductive
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Hokie5150
12/17/2017 10:07AM
This argument works for any deduction, right? **
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VAGentleman05
12/17/2017 1:09PM
Correct. We should eliminate all deduction and the favoritism that goes
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Hokie5150
12/17/2017 1:18PM
I'm pretty much with you. But if that's not going to happen (and I don't
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VAGentleman05
12/17/2017 1:23PM
Rich kids driving BMWs to private high schools
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PalmyraHoo
12/17/2017 10:35AM
Have you ever even been to the big city before?
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Faz d. Hoo
12/17/2017 10:45AM
$400k/year is over 20x median per capita income in every country on Earth.
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SchmHoo
12/17/2017 12:06PM
Fundamental conflation point: income does not equal wealth.
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WahooRQ
12/17/2017 1:10PM
Makes one rethink the wisdom of income tax. Maybe we should migrate to
--
TpkeHoo
12/17/2017 1:29PM
Well, I've talked about this before
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Faz d. Hoo
12/17/2017 2:00PM
But once upon a time there was this family farm.....
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WahooRQ
12/17/2017 2:33PM
I agree too
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NJHoo
12/17/2017 2:44PM
Fair semantic point.
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SchmHoo
12/17/2017 1:18PM
When a 1500 square foot house costs
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BocaHoo91
12/17/2017 12:54PM
Every country on Earth includes the richest, you know.
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SchmHoo
12/17/2017 1:10PM
Right, but if I'm really rich, should i
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BocaHoo91
12/17/2017 1:44PM
Why stop there?
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SchmHoo
12/17/2017 4:26PM
Yeah, because being able to afford a 1,500 square foot house is the
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BocaHoo91
12/17/2017 5:00PM
Lived and worked in Central London for the better part of a year, so yeah.
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SchmHoo
12/17/2017 5:28PM
With a family? It's much easier to live as a single in high cost cities.
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BocaHoo91
12/17/2017 5:52PM
I’m fairly certain your estimation of what ‘most people’ consider rich....
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SchmHoo
12/17/2017 6:40PM
So you visit your "rich" friend in San Jose who lives in this house
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BocaHoo91
12/17/2017 6:52PM
Liberals have to say say everyone is rich so they take steal as much money
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TomKazanski
12/17/2017 2:39PM
Don’t worry — we doubt you’re anywhere close. **
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WahooRQ
12/17/2017 3:07PM
Well then maybe there should be some indexed adjustment
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111Balz
12/17/2017 1:00PM
Cry me a river, 400k is RICH everywhere.
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PalmyraHoo
12/17/2017 10:53AM
Funny discussion...try any Google search on "rich" or "wealthy"
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Hoo23
12/18/2017 09:15AM
The real distinction is investor class vs working rich.
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WahooRQ
12/17/2017 12:14PM
Without a doubt, small taters compared to other giveaways.
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PalmyraHoo
12/17/2017 12:55PM
My former boss explained it like this
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Faz d. Hoo
12/17/2017 12:29PM
IMHO, you only get to category 3 on income if you’re in the NBA or
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WahooRQ
12/17/2017 12:34PM
That's nowhere near true
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Faz d. Hoo
12/17/2017 1:20PM
How many got there on income from working as opposed to
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WahooRQ
12/17/2017 1:26PM
Investing isn't working? Thanks for the news flash, sport.
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PalmyraHoo
12/17/2017 1:51PM
No, especially if you pay someone to do it for you cap.
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WahooRQ
12/17/2017 2:24PM
Bitter? Not in the least.
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PalmyraHoo
12/17/2017 3:10PM
Good to hear. You've seemed right surly and indignant of late about
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WahooRQ
12/18/2017 11:04AM
I will gladly buy you a beer if you are ever in Cville. **
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PalmyraHoo
12/19/2017 1:04PM
There’s working vs owning too. Plenty of folks have sold a 1st gen business
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TpkeHoo
12/17/2017 1:37PM
Hedge fund, start up entrepreneur,
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BocaHoo91
12/17/2017 1:15PM
400k w/ 2 kids in NYC = $245k in after tax disposible income according to
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CharlestonSC
12/17/2017 11:59AM
Probably got some BAFSTV's as well. **
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CavMan1
12/17/2017 7:19PM
Where are you going to put a BAFSTV in a < 1500 SF house?
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Faz d. Hoo
12/17/2017 9:53PM
How BA of a BAFSTV are we talking?
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CavMan1
12/17/2017 10:57PM
I think you've already answered that question!
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Faz d. Hoo
12/17/2017 11:23PM
Hmmm... my FSTV, though B, (and F) is not a BAFSTV :(
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CavMan1
12/18/2017 12:34AM
Holy cow, those are some big monthly expenses! **
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VAGentleman05
12/17/2017 1:17PM
I don't think Charleston has done a great job of presenting his point
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Faz d. Hoo
12/17/2017 1:43PM
I intentionally chose the high side of numbers but nothing in my post rises
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CharlestonSC
12/17/2017 6:49PM
SMDH, Faz ....
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PalmyraHoo
12/17/2017 5:19PM
Gotta give you props, cap. You started maybe the greatest thread in Soapbox
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southdenverhoo
12/17/2017 7:28PM
Weird and wonderful shit happens when a Libertarian is given the mic **
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PalmyraHoo
12/18/2017 07:04AM
Exibit A for your case here
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NJHoo
12/17/2017 2:52PM
Weekly housekeeping?
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PalmyraHoo
12/17/2017 12:50PM
That's fine, but those high-income people aren't exactly working 9-5 either
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Faz d. Hoo
12/17/2017 1:18PM
How tough is it to clean a house?
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PalmyraHoo
12/17/2017 1:30PM
It isn't tough, but it is time consuming
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Faz d. Hoo
12/17/2017 1:40PM
Because LOTS of people move from Nebraska to NYC and put 0 down
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81_Hokie
12/17/2017 12:47PM
About 50 other things more bitch worthy. BTW, your straw man probably will
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WahooRQ
12/17/2017 12:51PM
How would one lose $24k
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BocaHoo91
12/17/2017 1:49PM
He said 4600 a month in mortgage interest.
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WahooRQ
12/17/2017 2:38PM
Right, but mortgage interest deductibility
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BocaHoo91
12/17/2017 2:47PM
Only for new mortgages
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Hoo23
12/18/2017 12:39AM
Yeah in the words of Balz, my post wasn’t very well thought out.
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WahooRQ
12/17/2017 3:01PM
Agree LOTS is wrong, but the notion that 400 k is middle class is
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81_Hokie
12/17/2017 1:14PM
That's because there is no such thing as the middle class anymore
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Faz d. Hoo
12/17/2017 1:35PM
I think you're off in your percentiles.
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BocaHoo91
12/17/2017 2:01PM
OK, that's even more support for my point. **
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Faz d. Hoo
12/17/2017 2:03PM
Yeah. I agree generally with your post
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BocaHoo91
12/17/2017 2:11PM
Again - I'm just trying to deal with the idea that somebody making $400k in
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CharlestonSC
12/17/2017 12:48PM
Not a fat Cuban, but not deserving of govt handout either. **
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PalmyraHoo
12/17/2017 12:58PM
This is just a scenario you crafted to make them
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Hoojack
12/17/2017 12:16PM
I guess it comes down to how you define
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BocaHoo91
12/17/2017 1:52PM
That’s kinda my point. I understand Charleston’s
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Hoojack
12/17/2017 2:06PM
2 x $500 is 2 cars in the 35-40k range ... not Tesla territory ... it also
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CharlestonSC
12/17/2017 12:47PM
And btw, I do understand what you are saying.
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Hoojack
12/17/2017 1:07PM
Sorry but the fact that you are factoring in a car payment
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Hoojack
12/17/2017 1:00PM
Just your average struggler profiled right there
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Stimp
12/17/2017 12:03PM
As I said ... lots of people would love $2-5k of disposible income per
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CharlestonSC
12/17/2017 12:12PM
To be fair, one does not have to live in the nicest part of town.
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WahooRQ
12/17/2017 12:29PM
Uh, people in this category can't afford the nicest part of town
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Faz d. Hoo
12/17/2017 1:38PM
Yes, should we create a new poverty measure that includes
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HoozOnTop
12/17/2017 12:11PM
Think what you want, but that doesn't make it true
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Faz d. Hoo
12/17/2017 11:56AM
Being a choice or not wanting the govt
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BocaHoo91
12/17/2017 11:46AM
Actually they should be.
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Faz d. Hoo
12/17/2017 10:35AM
The government shouldn’t be encouraging or, for that matter, discouraging
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Hokie5150
12/17/2017 11:12AM
The government should be encouraging that which makes its society stronger.
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Freddyburg Hokie
12/18/2017 11:14AM
Right...with that $2k tax credit they can improve their standard of living
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111Balz
12/17/2017 12:53PM
That’s nice. **
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Hokie5150
12/17/2017 1:13PM
No, that's your argument **
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111Balz
12/17/2017 1:15PM
I made no such argument at all. I said it should neither encourage OR
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Hokie5150
12/17/2017 1:19PM
How does it encourage? **
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111Balz
12/17/2017 3:34PM
What is the purpose of the credit? **
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Hokie5150
12/17/2017 3:51PM
How does it encourage? **
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111Balz
12/17/2017 3:57PM
Answer my question and you’ll have the answer to yours. **
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Hokie5150
12/17/2017 5:43PM
Hold your breath hokie. You never answered my question.
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111Balz
12/17/2017 8:25PM
Right back at you, my "friend". **
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Hokie5150
12/18/2017 06:41AM
You are such child. The purpose of the credits is to
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111Balz
12/18/2017 07:22AM
There is a major silver lining in this thread that has gone unnoticed...
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WahooRQ
12/18/2017 11:24AM
Need the next generation of taxpayers to fund bigger govt. **
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PalmyraHoo
12/17/2017 10:37AM
Just look at how bad a shape countries with a negative population
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Faz d. Hoo
12/17/2017 10:46AM
Yep...folks make fun of the Mormons...but they do make babies **
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Tuckahokie
12/17/2017 11:27AM
One can only laugh reading these goobers’ ramblings. LOLOL. **
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WahooRQ
12/17/2017 11:26AM
Yes let’s give that money to the govt
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TomKazanski
12/17/2017 09:51AM
Without those 2 child credits, i would have owed $2k more.
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psychobilly
12/17/2017 09:47AM
No kids here. Congress should add some tax credits for me. Maybe some
--
81_Hokie
12/17/2017 10:32AM
Sorry bud. They clearly said they were trying to help working class familie **
--
psychobilly
12/17/2017 10:57AM
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