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