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111Balz
Joined:
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What's this?
Are yopu gping to answer a question for a change or just run and hide?
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dajoka004
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Posted: 12/17/2017 at 8:26PM
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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.
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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
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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
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81_Hokie
12/17/2017 10:32AM
Sorry bud. They clearly said they were trying to help working class familie **
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psychobilly
12/17/2017 10:57AM
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