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Most Online39,925 Dec 30th, 2023
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Incomming tax relief!
#15374155
04/10/25 04:30 PM
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Joined: Oct 2006
Posts: 104,340
Bigbob_FTW
OP
Big Sprocket Bob
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OP
Big Sprocket Bob
Joined: Oct 2006
Posts: 104,340 |
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374186
04/10/25 05:08 PM
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Joined: Aug 2001
Posts: 14,202
Razorback
TFF Guru
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TFF Guru
Joined: Aug 2001
Posts: 14,202 |
I'm eager to see what will be in the actual legislation, both in terms of spending and tax cuts. $1.5 trillion is $4,500 for every man, woman, and child in America.
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374196
04/10/25 05:20 PM
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Joined: Mar 2017
Posts: 1,839
pchapin
Extreme Angler
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Extreme Angler
Joined: Mar 2017
Posts: 1,839 |
probably $250 tax cut if you make $80,000 a year
'It gets sucked in'
P01135809
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Re: Incomming tax relief!
[Re: pchapin]
#15374197
04/10/25 05:23 PM
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Joined: Oct 2006
Posts: 104,340
Bigbob_FTW
OP
Big Sprocket Bob
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OP
Big Sprocket Bob
Joined: Oct 2006
Posts: 104,340 |
probably $250 tax cut if you make $80,000 a year ![[Linked Image]](https://media0.giphy.com/media/du8gnf5mzT0wR9WkpP/giphy.gif?cid=6c09b952rb083dbdb26b69bmjytkllk20fmsdgf228o0x61n&ep=v1_internal_gif_by_id&rid=giphy.gif)
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374208
04/10/25 05:39 PM
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Joined: Jun 2009
Posts: 13,885
Curt0407
TFF Guru
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TFF Guru
Joined: Jun 2009
Posts: 13,885 |
Being on a fixed income, I will appreciate whatever relief we can get. Would love to see some nice checks cut to individual taxpayers.
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374218
04/10/25 05:50 PM
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Joined: Aug 2001
Posts: 14,202
Razorback
TFF Guru
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TFF Guru
Joined: Aug 2001
Posts: 14,202 |
It's a good start regardless.
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374274
04/10/25 07:32 PM
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Joined: Sep 2004
Posts: 59,457
Tritonman
Super Freak
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Super Freak
Joined: Sep 2004
Posts: 59,457 |
This was the House passing the Senate's additions/changes right? So technically it doesn't need to go back to the Senate, it should go directly to POTUS to sign?
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374283
04/10/25 07:38 PM
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Joined: Mar 2017
Posts: 1,839
pchapin
Extreme Angler
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Extreme Angler
Joined: Mar 2017
Posts: 1,839 |
probably $250 tax cut if you make $80,000 a year ![[Linked Image]](https://media0.giphy.com/media/du8gnf5mzT0wR9WkpP/giphy.gif?cid=6c09b952rb083dbdb26b69bmjytkllk20fmsdgf228o0x61n&ep=v1_internal_gif_by_id&rid=giphy.gif) I based the $250 on how much I got the last time.
'It gets sucked in'
P01135809
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374302
04/10/25 08:10 PM
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Joined: Mar 2010
Posts: 28,896
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 28,896 |
Sure hope they reduced Capital Gains.
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374306
04/10/25 08:15 PM
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Joined: May 2019
Posts: 9,367
avid_basser
TFF Celebrity
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TFF Celebrity
Joined: May 2019
Posts: 9,367 |
They need quit giving money to those who don't pay. Those of us in the middle class get hosed every time we get paid.
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Re: Incomming tax relief!
[Re: Tritonman]
#15374308
04/10/25 08:16 PM
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Joined: Jul 2010
Posts: 9,893
TR176
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,893 |
This was the House passing the Senate's additions/changes right? So technically it doesn't need to go back to the Senate, it should go directly to POTUS to sign? It’s a framework which gives an amount within which various spending bills must fit. The actual spending bills will be in the headlines for quite awhile to come. Most importantly it will only require a majority in the house and 51 votes in the senate.
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374323
04/10/25 08:29 PM
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Joined: May 2002
Posts: 6,091
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 6,091 |
Not taxing Social Security benefits would be HUGE in this household.
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374335
04/10/25 08:43 PM
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Joined: Jul 2010
Posts: 80,914
banker-always fishing
Pumpkin Head
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Pumpkin Head
Joined: Jul 2010
Posts: 80,914 |
![[Linked Image]](http://imagizer.imageshack.us/v2/xq90/823/ycku.jpg) ![[Linked Image]](http://imagizer.imageshack.us/v2/xq90/560/ukw3.jpg) IGFA World Record Rio Grande Cichlid. Lake Dunlap. John 3:16 Sinner's Prayer. God forgive me a sinner. I accept Jesus Christ as my Savior !
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Re: Incomming tax relief!
[Re: Bigbob_FTW]
#15374353
04/10/25 09:11 PM
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Joined: Jan 2007
Posts: 2,282
Techfisher
Extreme Angler
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Extreme Angler
Joined: Jan 2007
Posts: 2,282 |
I'm with jcg57...not taxing social security would be a BIG help to me....but you know they won't do that because the rich guys will get all the tax breaks...that's how the DC game is played.
It would be nice to be proven wrong tho...
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Re: Incomming tax relief!
[Re: Techfisher]
#15374365
04/10/25 09:34 PM
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Joined: Oct 2006
Posts: 104,340
Bigbob_FTW
OP
Big Sprocket Bob
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OP
Big Sprocket Bob
Joined: Oct 2006
Posts: 104,340 |
I'm with jcg57...not taxing social security would be a BIG help to me....but you know they won't do that because the rich guys will get all the tax breaks...that's how the DC game is played.
It would be nice to be proven wrong tho...
The top 1% of earners in the United States pay a significant portion of federal income taxes. According to the latest available data from the IRS for tax year 2022, the top 1% of taxpayers—those with an adjusted gross income (AGI) of $663,164 or more—paid 40.4% of all federal individual income taxes collected. This figure reflects their share of the $2.1 trillion in total income taxes paid that year.
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