The bill will also make things worse for the teacher tat your SIL knows:
http://time.com/5017111/gop-tax-plan...er-tax-credit/
The bill will also make things worse for the teacher tat your SIL knows:
http://time.com/5017111/gop-tax-plan...er-tax-credit/
I give up.
Maybe we should address why school tuition keeps outpacing inflation so much and is so expensive. As more Fed dollars have been made available for students tuition keeps going up. It is kind of like insurance for windshield replacement. If I tell the guy I have insurance, the new windshield is $700. If I say I am paying cash, it is $350.
One thing you are forgetting some of the lower receiving federal money states have really high state income tax. The states receiving higher amounts of money from the federal goverment have low state income tax. Why does that matter in this case is because State Income Tax is a write off on you Federal Income Tax. It balances out between all the states. Those state with high income rates are getting their money from their citizens and those citizens are getting their money back from the Federal goverment through the tax write off. The States receiving more from the Federal goverment are getting it directly from the Federal Government.
It's how the States get their money from the Federal is the only difference.
However under the new tax bill those state income tax write off are going away but they are doubling the standern deduction. Which suspect will help more people then having itemize write off.
The credit was a whopping $250.00. what good does that do? Many teachers in Mississippi with a family qualify for earned income credit. A teacher is not able to do anything but survive in Mississippi. $35,000.00, 6 years teaching. Can any of you live off that. Probably not.
Not to get too technical, but it's not even a $250 credit. It's a $250 adjustment to income, which means all you really save is the tax amount on that $250 income. So for most tax filers, that's 15-25% in tax you are saving depending on your level of income. So basically about $50.
I have a buddy that is the same way. He is planning on retiring in the next 10 years since he and his wife will have their 25 years in. One problem is "government" workers most of the time haven't worked in a business setting that worried about ROI or any other Revenue/Expense measurement. They just know that they get a budget of X dollars and if they don't spend it then it gets lowered.
I was hoping that the new President would help with these issues but apparently he is too busy having the American people pay him to go play on his own golf courses. Really brilliant business move by him becoming president. He will probably end up doubling his Net Worth in his 4 years if he gets everything passed that he wants. I hate all politicians.
Which is why I pretty much hate ALL politicians. This country was founded on being a politican was a sacrifice you made for the betterment of your fellow man. Somewhere along the way it became how to leach off of the populace and get rich. All you have to do is be smart enough and sell your soul. It doesn't matter which party, both are as dirty as pigs in slop.
This thread ran off the rails but on the bright side Sports has brought us all together as Americans again.
as an MSU grad student with an infant son and a mortgage at least I can rest easy knowing that my 400% tax increase, and the tax increases on my working-class family, will go to those who really need it like private jet owners & corporate CEOs.
I would agree with all of that. I am sure Senators really do not like fundraising everyday in Washington phone banks just to raise enough money to not get primaried next go around. Then, if you actually say and do the "right" thing for your constituents but it goes against some super PAC wishes, they throw a bunch of money at some puppet and get you out of there. It is just easier to take the PAC money and give a super tax cut to those guys, aka what is exactly going on right now.
Term limits would resolve most of the political obfuscation.
Term limits need to be done like yesterday.
If they wanted that stuff it would be done. They make their own rules!!!!
I’ve heard them argue term limits by saying it tak s about two terms to learn what they are doing and how things “really” work up there.
Campaign finance reform and no more PACS would mean that only individuals who ar independently wealthy would have a snowball’s chance (as if they do now anyway).
Limiting the length of campaigns is impractical. People will cheat and you will have career politicians, big business owners and celebrities (I know this is already happening) with prior name recognition being the only ones who can get elected.
Moving elections to weekends, simplifying registration (like automatic), and undoing the gerrymandered districts would just make things too fair and neither side wants that.
I always laugh when I hear politician spout this. Senate terms are SIX years. Plenty of time to figure out the game, and how to work in it. I will give Congress members some relief as they have two year terms. You get one term to figure it out. One to operate at the mid level, and a third to really be functioning at a high level getting things done.
If you cant figure out how do do your job in SIX years, time to find another one.
Shortening the length of campaigns works everywhere else, why not here? This year, Theresa May called for a new Parliamentary election on April 17. They qualified candidates, had debates, gave us incredible candidates like Lord McBuckethead, and held an election on June 8th. That?s less than 2 months - and less than the time we schedule between a primary and a run off in the US.
Kevin Brady who chaired the ways and means committee and authored this bill is my Represenative ...we hit him hard with a primary challenge and almost got him out...he won 52-48... but I must say we have his attention as he has continued to run ads promoting himself even after the election last fall.