JuneJuly

A - The government regularity assesses your property value. B - The value doesn't have anything to do with a tax break for being a caregiver. C - You claim to work in finance.

But, to pay income tax my entire career and then switching that to sales tax when I'm in spend mode, no thanks. Wait a minute. I typed that without realizing no income would mean 401k instantly becomes Roth. Sign me up!!! I agree with you though. GutterBoy 2.0, um 347.0, doesn't understand any of it.

Because of budget constraints in Congress. Kicking the can down the road like EVERY bill they pass. You think it was some master plan by Trump. He had a the foresight to see something like Covid happen, then losing the election to Biden. He did it just so he'd have something to run on in 2024! Just in case! Just admit you knee jerked a stupid post and move on. Then go see a doctor about your TDS.

I tried offering you a pass. Please tell us how Trump envisioned, in 2017, how these tax breaks for all Americans would have benefited him by expiring ten years later in 2026, two years after his second term. TDS on full display here.

Oh boy, you too? Hint: Start by taking out a calendar.

WOW. Really dude? Next election season? I'm going to do you a favor and let you think about that for a second, maybe just maybe, you might want to walk that back.

Trump's camp responded to the CNBC report: The Harris campaign did not provide comment in time to participate in this report.

Back on topic: According to the Tax Foundation a single mother of one making $30,000 will pay more than $1,000 in higher taxes. A family of four making a median household income of $75,000 is estimated to face a tax increase of more than $1,500.

There isn't any such thing as a loophole. It's either law or it isn't. I suppose you pay more taxes than you have to just because you don't want to use a tax "loophole"? See, this is just the kind of low IQ thinking I was talking about.

That which affects me most. 100%. And I'm pretty confident that if everyone did that we'd collectively be better as a whole as a Country. Self - Family -Tribe. Instead we have a bunch of low IQ people voting on feelings. There ought to be an intelligence test for voter registration, for America's best interest of course.

New here? Policy only thread. Don't make me get the bouncers.

Capital gains aren't paid yearly when held in stock. They're paid only when you sell. It's 100% timing thing not a president thing, unless they raise the capital gains at the wrong moment. Our company is well positioned to make lots of money regardless of who is president or how well the economy does, which is highly independent of the president. The only thing that affects us that the president does have say in is corporate tax. That affects our bottom line. Capital gains tax affects the individual's bottom line when the retire/cash out.

First question - Me this year and next. And most of my colleagues eventually, so more than you think. You probably think no big deal just cash out 900k each year who needs that much all at once anyway. Let me give you a scenario you probably haven't considered. Many large successful US companies are employee owned. Most of those ESOP plans require that you sell all of your privately held company stock when you retire, all at once. That forces you to take a large capital gains hit whether you like it or not. Second question - Sure if you want to work in the service industry. Knock yourself out.

Best Harris Policy is expanding the premium tax credits. That needs to be done as the temporary provisions to fix "the cliff" expire this year and I'm not happy Trump hasn't decided to address this. Best Trump Policies are to make the Tax Cuts permanent that are set to expire in 2026. This needs to be done first and foremost. The democrats would like to see these expire and instead give handouts to all the poor people instead of lowering taxes across the board. That results in increased taxes on the middle class that they promise they won't do, only because they don't have to do anything but let them expire. Second, I'd like to see no taxes on SS, that would be great.

Even though the soft bellies like to post rocket ships every time the stock market hits a new high the truth is the President has very little to do with that. As long as the economy is growing the stock market will continue to rise. Where the president does have the most effect on your bottom line is Tax Policy. What good are those Amazon and Apple stocks if they want to double or triple the capital gains tax. Despite all the noise, this should be everyone's number one consideration on who to vote for. The following are the Tax Policies for each candidate as reported bye The Tax Foundation: Vice President Kamala Harris Increase the top tax rate on long-term capital gains to 28% for taxable income above $1 million Increase the net investment income tax (NIIT) to reach 5% on income above $400,000 Expand the child tax credit to $6,000 for children under age 1, $3,600 for children 2-5, and $3,000 for older children Expand the earned income tax credit for filers who do not claim children Expand premium tax credits Expand housing tax credits, including the low-income housing tax credit, a credit for new homebuyers, and a credit for the construction of started homes Claw back deductions for depreciation and interest for certain rental construction investments Increase the $5,000 deduction for startup costs to $50,000 Increase the Medicare tax to reach 5% on income above $400,000 Exempt tips from the income tax Increase the corporate income tax rate to 28% Former President Donald J. Trump VP candidate JD Vance has discussed increasing the child tax credit to $5,000 Make the expiring estate tax cuts from the 2017 Tax Cuts and Jobs Act permanent Make the expiring individual income tax cuts from the 2017 Tax Cuts and Jobs Act permanent Tax large private university endowments Consider replacing personal income taxes with increased tariffs Exempt tips from income tax Exempt Social Security benefits from taxation Impose a universal baseline tariff on all U.S. imports of 10%—20% Impose a 60% tariff on all U.S. imports from China Lower the corporate income tax rate from 21% to 20% Lower the corporate income tax rate to 15% for companies that make their products in the U.S.

Mr. Wonderful knows a few things about tariffs. Maybe you'll listen to him.

I could explain it to you again, but, I can't make you understand it. Maybe someone else can do better than I can:

It does appear, despite being the guy that doubled the standard deduction, that he thinks most people are able to write these things off.

No, they're tax deductible, I was being facetious.

Free generators!

Maybe. And I said similar, but it's not me seeing something, it's you not knowing the definition of subsidy. People don't have to use the subsidy to buy a newer car if they don't want. That's why it's not a subsidy to the auto industry. HTH

I dont think you read the whole thing. Expedite environmental approvals, double electrical capacity and drive down inflation. I suppose you’ll want more details on each of those too. Harris says she’ll lower prices on everything. Haven’t heard a peep on how.