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05-16-2021, 01:32 PM
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#16
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 43,216
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Quote:
Originally Posted by lustylad
Yep. Do you think bypass will be honest enough to admit when he is wrong?
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I don’t think he knows the difference.
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05-16-2021, 01:37 PM
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#17
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Premium Access
Join Date: Jan 21, 2010
Location: pittsburgh
Posts: 4,113
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Quote:
Originally Posted by lustylad
Yep. Do you think bypass will be honest enough to admit when he is wrong?
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You know the answer to that question already lol
Lowest unemployment in 50 years before covid hit
Lowest unemployment for blacks and minorities EVER recorded
Average middle class saw a increase of 5200 dollars during trumps term
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05-16-2021, 01:40 PM
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#18
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Valued Poster
Join Date: Oct 13, 2013
Location: done
Posts: 719
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Quote:
Originally Posted by lustylad
Yep. Do you think bypass will be honest enough to admit when he is wrong?
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Your taxes did go up, You can not write off half the stuff you use to. Interest you pay on your house, taxes you pay on your house to name just a few. You are always re posting video's look it up when he pasted the tax break for the rich. Our taxes went up.
So you are saying no guard got killed?
Brian Sicknick was the guard that got killed.
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05-16-2021, 01:52 PM
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#19
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 43,216
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Quote:
Originally Posted by bypass
Your taxes did go up, You can not write off half the stuff you use to. Interest you pay on your house, taxes you pay on your house to name just a few. You are always re posting video's look it up when he pasted the tax break for the rich. Our taxes went up.
So you are saying no guard got killed?
Brian Sicknick was the guard that got killed.
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He died of natural causes;
https://www.washingtonpost.com/local...outputType=amp
I’m a small business owner. My taxes went down. You can still deduct mortgage interest on your taxes on loans up to $750,000. Maybe you’re one of those evil rich people and have a huge mortgage. In that case, you don’t get a deduction.
https://www.rocketmortgage.com/learn...rest-deduction
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05-16-2021, 04:39 PM
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#20
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Gaining Momentum
Join Date: Jan 6, 2019
Location: Erie Pa
Posts: 43
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If brains were dynamite, you couldn't blow your nose!!
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05-16-2021, 06:00 PM
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#21
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Premium Access
Join Date: Jan 21, 2010
Location: pittsburgh
Posts: 4,113
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Quote:
Originally Posted by bypass
Your taxes did go up, You can not write off half the stuff you use to. Interest you pay on your house, taxes you pay on your house to name just a few. You are always re posting video's look it up when he pasted the tax break for the rich. Our taxes went up.
So you are saying no guard got killed?
Brian Sicknick was the guard that got killed.
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Oh my god... even the li eral tv stations have finally reported he died of natural causes. The coroner's report said so. Jesus dude, u r coming to a gun fight with blanks
Do some serious research Instead of relying on liberal lies... u can google right? Go to the irs site, u can see that the deductions u say are gone are still there.
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05-16-2021, 07:28 PM
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#22
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Valued Poster
Join Date: Oct 13, 2013
Location: done
Posts: 719
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Yea natural causes after being crushed between a door.
Not true with the tax right off. Do your home work. Middle class taxes went up period.
You call me stupid and I can't tell the difference, who is writing things everyday since November 3rd. He lost. No matter how many times you count the votes, he lost. He is a looser. Get a life. You can have the most post ever, he lost.
I see why you write things everyday, you don't understand what you read. You make up you own things. Your like the pillow guy.
Unemployment was down because once you run out of unemployment you are no long a statistics.
Trump couldn't even get us toilet paper. Remember how you couldn't get any food. Oh he worried about it, he went golfing LOL
Oh he did help with the virus, telling everyone to drink bleach. What a Joke. That why he is gone.
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05-16-2021, 08:20 PM
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#23
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Valued Poster
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,758
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Quote:
Originally Posted by bypass
So you are saying no guard got killed?
Brian Sicknick was the guard that got killed.
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Hey, I'm the one who mentioned Sicknick. Did you read my link to the Glenn Greenwald account of what happened?
And didn't you tell us four guards were killed? Oh yeah, you did! Now you're crawfishing and saying only one died? Hmmm. So you were plainly wrong about the numbers, weren't you?
Care to admit your error?
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05-16-2021, 08:38 PM
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#24
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Valued Poster
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,758
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Quote:
Originally Posted by bypass
Your taxes did go up, You can not write off half the stuff you use (sic) to. Interest you pay on your house, taxes you pay on your house to name just a few.
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Quote:
Originally Posted by bypass
Not true with the tax right (sic) off. Do your home work. Middle class taxes went up period.
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You mention deductions for mortgage interest and state/local taxes. The Tax Cuts and Jobs Act of 2017 did indeed cap each of them. However, mortgage interest on loans up to $750k is still fully deductible. And state & local taxes remain deductible up to $10,000. What's your definition of "middle class" anyway? If you can qualify for a mortgage in excess of $750k, or you pay enough in state/local taxes to bump up against the deduction limit, you're almost certainly in the top 1% of US income earners. Period.
Wanna try again?
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05-16-2021, 09:05 PM
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#25
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Valued Poster
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,758
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Quote:
Originally Posted by bypass
Unemployment was down because once you run out of unemployment you are no long (sic) a statistics (sic).
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Not sure what you're trying to say, but I think you have it backwards.
If you're not actively looking for work, you are not counted as part of the active labor force and therefore are not included in the BLS jobless data. If Joe Biden & Co. are paying you more to sit idly at home than you can earn by going back to work, it makes sense not to look for work. However, once your enhanced benefit of $300/week (added to your normal state UC payment) runs out, it will make sense for you to start looking for work again. When that happens, you will be counted as part of the active labor force and be included in the BLS statistics.
Is that what you are trying to say?
(Remember, the unemployment rate is a ratio calculated as the number of active labor force participants who are currently out of work divided by the total size of the active labor force.)
If so, it means the jobless rate will go DOWN while people sit home on the couch, and will go UP again when their UC runs out. Or the opposite of what you claim.
None of this is relevant anyway to the record low jobless rates we saw under Trump. Those record low rates were achieved prior to the pandemic.
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05-16-2021, 09:36 PM
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#26
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Premium Access
Join Date: Jan 21, 2010
Location: pittsburgh
Posts: 4,113
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and this proves your remark saying the middle class paid more in taxes is incorrect also..........
how Did the Tax Brackets Change?
trump tax brackets
The biggest changes under the new Trump tax plan came for those in the middle of the chart. A married couple whose total income minus deductions is $250,000, for instance, would have had a tax rate of up to 33% in 2017. For 2018, 2019 and beyond, their highest tax rate is just 24%. That led to a fairly significant difference in take-home pay.
Those who earn less may also see a bit of a break. A single person making $39,000 in taxable income in 2017 saw a rate of 25%. In 2018, 2019 and beyond, that rate drops to 12%.
You also got a tax cut if you were or are among the country’s highest earners. The highest tax bracket used to carry a 39.6% rate and apply to single people earning more than $418,401 and married couples, filing jointly, who earned more than $470,701 in taxable income. Now the highest rate, which is just 37%, kicks in at $518,401 for single people and $622,051 for married couples.
Other notable Trump tax overhaul changes include:
Doubled the standard deduction from $12,700 (2017) to $25,100 (2021) for married couples filing jointly, and from $6,350 (2017) to $12,550 (2021) for single taxpayers and married individuals filing separately, and from $9,350 (2017) to $18,800 (2021) for heads of households; while eliminating personal exemptions (in 2017 you could claim a $4,050 deduction for yourself and each qualifying dependent in your household).
Lowered the threshold for qualified medical expenses – those that exceed 7.5% of your adjusted gross income can be deducted (in 2017, taxpayers under 65 could only deduct expenses that exceeded 10% of their AGI). But, if your total itemized deductions don’t exceed Trump’s higher standard deduction, you won’t be able to take it.
Doubled the maximum child tax credit to $2,000 for each qualifying child younger than 17 years old, and made it available to higher income households – IRS says it now begins to “phase out at $200,000 of modified adjusted gross income, or $400,000 for married couples filing jointly.”
Doubled the estate and gift tax exemption from $5.49 million in 2017 to now $11.7 million in 2021, which refers to the maximum amount you can give in lifetime gifts and bequests at death without having to pay a 40% tax.
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05-17-2021, 07:12 AM
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#27
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Lifetime Premium Access
Join Date: Nov 8, 2013
Location: Pittsburgh
Posts: 2,290
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Toystoy writes shorter novels.
Who’s surprised? The man has dementia.
Trump wasn’t exactly a military favorite either and to suggest otherwise has selective memory.
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05-17-2021, 08:28 AM
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#28
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Premium Access
Join Date: Jan 21, 2010
Location: pittsburgh
Posts: 4,113
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Quote:
Originally Posted by Charley3
Toystoy writes shorter novels.
Who’s surprised? The man has dementia.
Trump wasn’t exactly a military favorite either and to suggest otherwise has selective memory.
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Look closer charley.... I didnt write it, it's a tax report, cut n paste
Bottom line... taxes lowered on low income and middle class
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05-17-2021, 01:07 PM
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#29
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Valued Poster
Join Date: Nov 11, 2012
Location: Pittsburgh
Posts: 16,225
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Quote:
Originally Posted by bypass
Over 81,000,000 voters said to DUMP TRUMP and guess what they did. He lost, get used to it. All you guys do is cry. Get a life, Go get laid or something useful. Trump was no good for this country that is why he lost. Not only did he lose he lost big time. Almost by the biggest margin in history. In the four miserable years he was in he lowered his taxes and all the other highfalutin liars and cheaters and he raised all of the middle classes taxes. We will have to pay higher taxes for ever because of him. Then to top it off he got four innocent guards killed to try and get it back for being a loser. GO BIDEN 3 3/4 years to go.
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Rent free inside their heads . . .
Educate yourself man. Trump lowered taxes for about 90% of all Americans. And no Trump did not get four guards killed. Read and educate yourself for a change
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