Politics and Religion

Most important element...
Luv-Kitty 163 reads
posted

all billionaires retain their loopholes, as bragged by the late Ms. Helmsly, "Only small people pay taxes."

The standard deduction for Married couples goes to $30,000. No deduction for state and local taxes.  The AMT (Alternative minimum) tax is going away.  You will be able to deduct health care insurance without having to do it via a corporate structure. 3.8 percent Obamacare tax on investment income will be repealed.  

http://www.zerohedge.com/news/2016-11-11/what-donald-trumps-proposed-tax-cut-means-you

http://www.donaldjtrump.com/policies/tax-plan

I will have an overpayment on my personal taxes for 2016 if I gave myself a raise to cover the Obamacare tax and my whole raise was sent to FICA to cover the fine for excluding out of ACA 2016?  Will they give me my money back now (as an overpayment) when my personal tax returns are done after my S Corporation taxes are paid?  I am going in to my 8th year of business and still growing, hiring and reinvesting.  My mileage and gas is what has saved me every year to closely breaking even on corporate.  I am confused about what is being repealed?  Is the fine on the working poor going to be repealed?

Thanks,
Madison

Luv-Kitty164 reads

all billionaires retain their loopholes, as bragged by the late Ms. Helmsly, "Only small people pay taxes."

brooks5170 reads

give specific examples or  

admit that you have no idea what the fuck you are talking about ;)

fucking victim

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