Everything Is Bad. Blame the Tax Code.

Gerald · 11-05-17, 03:05 PM

Quote:

WASHINGTON — If there’s one thing Americans of all political parties can agree on, it’s that taxes stink. But if there’s another thing they can agree on, it’s that they hate those jerks who don’t pay their fair share of taxes.

This paradox is at the heart of the ess, fruitless debate over tax reform — and nearly all of the pathologies of politics in 2017. Everyone loves to hate our loophole-riddled tax system. But politicians will never truly give it up: Special tax treatment is a crucial way for them to maintain, and disguise, their power. The result is a tax bill from House Republicans that is months late, has something to infuriate nearly everyone, and barely even pretends to offer the long-promised simplification of the tax code.

https://www.nytimes.com/2017/11/04/o...&rref=homepage
Eh ... hard to understand?

STEED · 11-05-17, 03:07 PM

I don't pay TAX.

Gerald · 11-05-17, 03:09 PM

^Zero taxis, I knew it.

STEED · 11-05-17, 03:11 PM

Quote:

Originally Posted by Vendor

^Zero taxis, I knew it.

I fall outside the TAX band here in the UK so I keep all my wage packet.

Gerald · 11-05-17, 03:15 PM

Quote:

Originally Posted by STEED

I fall outside the TAX band here in the UK so I keep all my wage packet.

I see, bunt of money instead

Buddahaid · 11-05-17, 07:12 PM

$500,000.00 mortgage interest threshold basically hurts everyone in the major cities and coastal areas which just happen to be areas where democrats are the majority and home prices are high. Coincidence?

STEED · 11-05-17, 07:47 PM

Quote:

Originally Posted by Vendor

I see, bunt of money instead

Straight in to the bank and straight out again paying bills.

11-05-17, 03:07 PM	#2
STEED Lucky Jack Join Date: Jan 2006 Location: Down Town UK Posts: 27,695 Downloads: 89 Uploads: 48	I don't pay TAX. __________________ Dr Who rest in peace 1963-2017. To borrow Davros saying...I NAME YOU CHIBNALL THE DESTROYER OF DR WHO YOU KILLED IT!

11-05-17, 03:09 PM	#3
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	^Zero taxis, I knew it. __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

11-05-17, 07:12 PM	#6
Buddahaid Shark above Space Chicken Join Date: Jun 2008 Posts: 9,321 Downloads: 162 Uploads: 0	$500,000.00 mortgage interest threshold basically hurts everyone in the major cities and coastal areas which just happen to be areas where democrats are the majority and home prices are high. Coincidence? __________________ "However vast the darkness, we must provide our own light." Stanley Kubrick "Tomorrow belongs to those who can hear it coming." David Bowie