Some people should learn the difference between S corps and C corps. Real small businesses will be hiring lawyers to restructure as C corps.
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A top economist believes,Trumps tax bill will help the economy
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“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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For a while anyways, until 2025.........The top earners tax cut doesn't expire. So in the end the rich will get richer and everyone else gets shafted. That should give the top 1% enough time to move them and their assets to Dubai before the country implodes..
Meanwhile the Republicans will be chanting;
"Trickle-down, Trickle-down, Trickle-Down, Trickle-Down"
I am not delusional! Now if you'll excuse me, i'm gonna go dance with the purple wombat who's playing show-tunes in my coffee cup!
Rules are like Egg's. They're fun when thrown out the window!
Difference is irrelevant when dosage is higher than recommended!
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Thanks to the Corker exemption it is now worth it for me to pay the transaction costs to shift my investment income to REITs. 20% vs. 35% is pretty big.
It’s unusual that the only deduction that was actually eliminated was the one for alimony. Clearly divorce is a sin that must be punished.“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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Originally posted by pchang View PostIt's unusual that the only deduction that was actually eliminated was the one for alimony. Clearly divorce is a sin that must be punished.
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The Mr. Scrooges at he top of th GOP already think which social progams they can cut now in order to decrease spending ...
they have set their sights on CHIP (Childrens Health Insurance Program), Social Security, Medicare and Medicaid
https://www.vox.com/policy-and-polit...ocial-security
I am sure the poor people who are dependant on these programs will understand it (especially if they voted Trump) ... after all it is about compassion ... helping the needy rich parts of the US populationTamsin (Lost Girl): "I am the Harbinger of Death. I arrive on winds of blessed air. Air that you no longer deserve."
Tamsin (Lost Girl): "He has fallen in battle and I must take him to the Einherjar in Valhalla"
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