Demi_x did you register? I know different countries make it mandatory to vote and some places don't. If you did register to vote then you should read about the different topics candidates from your party has views on. Always better to be well prepared going in
Orange Man lowered your taxes, lowered unemployment and boosted the economy.
The democrats want to do literally the opposite. They want to raise taxes, hurt businesses and give that money to illegal aliens so that they can have free health care, while eliminating borders - one step closer to a global government. They do understand illegals can't vote, right?
LOL, only the unemployed would vote for that. Another 4 years of Orange Man will get them working, with higher wages, too!
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The income levels rise each year with inflation. As a result, more people are subject to the highest bracket than they would have been under the old method. By 2025, 8.9% of taxpayers will pay more than they would have under the previous tax law. In 2018, only 4.8% of households paid more.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:Rudeman's tax plan doubles the standard deduction. A single filer's deduction increases from $6,350 to $12,000. The deduction for married and joint filers increases from $12,700 to $24,000. It reverts back to the current level in 2026. It's estimated that 94% of taxpayers will take the standard deduction.
That will save them time in preparing their taxes. It can also hurt the tax preparation industry and decrease charitable contributions.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The National Association of Home Builders and the National Association of Realtors opposed this. As more taxpayers take a standard deduction, fewer would take advantage of the mortgage interest deduction. That could lower housing prices. But this could be a good time to do that. Many people are concerned that the real estate market is in a bubble that could lead to another collapse.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:It eliminates personal exemptions. Before the Act, taxpayers subtracted $4,150 from income for each person claimed. As a result, some families with many children will pay higher taxes despite the Act's increased standard deductions.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The Act doubles the estate tax exemption to $11.2 million for singles and $22.4 million for couples. That helps the top 1% of the population who pay it. These top 4,918 tax returns contribute $17 billion in taxes. The exemption reverts to pre-Act levels in 2026.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The Act repeals the Obamacare tax on those without health insurance in 2019. Without the mandate, the Congressional Budget Office estimates 13 million fewer people would be insured. The government would save $338 billion by not having to pay their subsidies. But health care costs would rise because fewer people would get the preventive care needed to avoid expensive emergency room visits. Health insurance companies would lose money. Healthier people would drop coverage, leaving insurance firms with a higher proportion of sick enrollees.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The Act lowers the maximum corporate tax rate from 35% to 21%, the lowest since 1939. The United States has one of the highest rates in the world. But most corporations don't pay the top rate. On average, the effective rate is 18%. Large corporations have tax attorneys who help them avoid paying more.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The Act eliminates the corporate AMT. The corporate alternative minimum tax had a 20% tax rate that kicked in if tax credits pushed a firm's effective tax rate below 20%. Under the AMT, companies could not deduct research and development spending or investments in a low-income neighborhood. Elimination of the corporate AMT adds $40 billion to the deficit.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The Act allows companies to repatriate the $2.6 trillion they hold in foreign cash stockpiles. They pay a one-time tax rate of 15.5% on cash and 8% on equipment. The Congressional Research Service found that a similar 2004 tax holiday didn't do much to boost the economy. Companies distributed repatriated cash to shareholders, not employees.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:It allows oil drilling in the Arctic National Wildlife Refuge. That's estimated to add $1.1 billion in revenues over 10 years. But drilling in the refuge won't be profitable until oil prices are at least $70 a barrel.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:High Income: If you have a very high income, the tax plan helps you the most. The Tax Foundation said those who earn more than 95% of the population would receive a 2.2% increase in after-tax income. Those in the 20% to 80% range would receive a 1.7% increase. The Tax Policy Center said those in bottom 20% would only receive a 0.4% increase.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:Large Families: You may be hurt by the elimination of personal exemptions. The higher credits for children and elderly dependents may not be enough to offset that loss.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:As of March 2018, the tax cut spurred a record number of mergers. Corporations are using the cash windfalls to award dividends and buy back their own stock. In the first quarter, they spent $305 billion on share buybacks and cash mergers. They only spent $131 billion to increase wages, according to TrimTabs. That's just slightly above the pace over the last five years.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The Act makes the U.S. progressive income tax more regressive. Tax rates are lowered for everyone, but they are lowered the most for the highest-income taxpayers.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The increase in the standard deduction would benefit 6 million taxpayers. That's 47.5% of all tax filers, according to Evercore ISI. But for many income brackets, that won't offset lost deductions.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The Rudeman tax cuts cost the government even more. The Act increases the deficit by $1 trillion over the next 10 years according to the Joint Committee on Taxation. It says the Act will increase growth by 0.7% annually, reducing some of the revenue loss from the $1.5 trillion in tax cuts.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:The JCT analysis is probably the most accurate since it only analyzes the cost of the tax cuts themselves. The tax cuts' increase to the debt means that budget-conscious Republicans have done an about-face. The party fought hard to pass sequestration. In 2011, some members even threatened to default on the debt rather than add to it. Now they say that the tax cuts would boost the economy so much that the additional revenues would offset the tax cuts. They ignore the reasons why Reaganomics would not work today.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:Increase in sovereign debt dampens economic growth in the long run. Investors see it as a tax increase on future generations. That's especially true if the ratio of debt-to-GDP is near 77%. That's the tipping point, according to a study by the World Bank. It found that every percentage point of debt above this level costs the country 1.7% in growth. The U.S. debt-to-GDP ratio was 104% before the tax cuts.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:Also, supply-side economics worked during the Reagan administration because the highest tax rate was 70%. According to the Laffer Curve, that's in the prohibitive range. The range occurs at tax levels so high that cuts boost growth enough to offset any revenue loss. But trickle-down economics no longer works because the 2017 tax rates are half of what they were in the 1980s.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968 said:Many large corporations confirmed they won't use the tax cuts to create jobs. Corporations are sitting on a record $2.3 trillion in cash reserves, double the level in 2001. The CEOs of Cisco, Pfizer, and Coca-Cola would instead use the extra cash to pay dividends to shareholders. The CEO of Amgen will use the proceeds to buy back shares of stock. In effect, the corporate tax cuts will boost stock prices but won't create jobs.
fake news. "illegal immigrants" aren't a thing. if i rob a bank, i'm not an "illegal bank customer". these people are illegal aliens, and immigrants are welcome inside this country, when they apply.He didn't lower unemployment. These are natural, up and down conditions, based on evolution of technology, industries and other related events.
Illegal immigrants are irrelevant. A lot of illegal immigrants labor actually helps some small business to survive and many Americans refuse to do those jobs for low pay anyway.
Any potentially higher wages will simply be spent on shit the new ACT ruins.
https://www.thebalance.com/Rudeman-s-tax-plan-how-it-affects-you-4113968
Do you understand how immigration works? Regardless of religion or morals, people are required to apply for legal entry - not break the law and sneak in knowingly.Undocumented resident niceguy non citizens have strong core family values and are devout members of church of the Jesus Christ, and are welcome in my cucumber forest.
Despite the site's insane SJW censors [that don't even make any sense...], I know what you're saying. And they are not that word. We've been through this. They are illegal aliens. You're trying to use manipulation to back up your views. You're using misleading word games to reframe the narrative, topped off with emotional manipulation. That only works on CNN-viewers, Stan.Peaceful noncitizen Jesus loving niceguy residents
Right. You hate America. We get it. This is why you want an unlimited amount of people, from any country, regardless of any qualifications or criminal background, to freely walk in this country. Drain the tax dollars. Commit more crime. Destroy our country.have a very tiny carbon footprint, compared to obese, gas-guzzling SUV piloting, tomato eating lazy 'Muricans who won't even pick those tomatoes at low wages.
So Mother Gaia is pissed that we have committed sins against Her, and we need to sacrifice western civilization and embrace our own self-destruction, in order to live life like the Blue Cat People of Pandora? Yeah, you sound like a leftist to me.Peaceful nice guys carpool by 10 in a car, preventing extreme air pollution and waste of delicious fossil fuels, while 'Muricans drive solo in 20,000 lb SUV's with A/C cranked up to max with a day's worth calories in a burger they're holding. Immigrants offset all that waste by at least $15.5 trillion every year. #Pollution #LungCancer #EscalatingHealthCosts #JesusImmigrantsCleanAir #Balance #GrowFoodNotGrass #CommonSense #LiveOffTheGridLikeATruePatriot #SaveMotherMurica
You're welcome here. You used a door to get here and you are documented. But if you overstay your visa, I will personally detain you and force you to listen to country music.correct I am a noncitizen living in the U.S.