Home Forums Hunting & Shooting Hunter's Campfire How to protest the tax cut.

I was speaking to the property tax, and yes, you are correct on the rest. The sales tax fiasco is a pet peeve of mine. miles

Because you are a liberal.

It's always funny/sad how liberals, who think people pay too little in taxes and say that they could pay more, seem to take umbrage when reminded that they should indeed pay more then as a gift to to the government. It's legal, the IRS likes it and they can feel better about themselves.

But they always seem to get upset when it's suggested to them that they personally step up to their plate.

Corporation pay taxes but do you think that if you raise their taxes they make less money? No, it goes directly into the consumer cost. If corporate taxes are decreased this should result in a lower cost product. Or since the margin between cost to produce and price to sell has increased maybe they will hire someone.

Why stop at one million? Let's say after the first $100,000 it doesn't matter?

And you would be wrong. That is actually me.

Yes we have been lied to. By fools in the media and the Socialists in Government. They hide behind these lies and have for decades. Their goal is control. If you want a ring in your nose, Spread the lies. That ring you wear is making you stupid, Just another self deluded slave, Or a fool who believes the Socialist Propaganda. Which is it?

Were you not a dumbass, you'd realize that the top 1% are who pays most of the federal income taxes.

If I'm paying the rent and you're living here free, and the landlord dropped the price of the rent, should YOU get most of that money?

Oh and don't forget the government workers pensions. Many of those are financed with local tax's.

The new millionaire class is retired government workers, aka the swamp
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Well, there is this:

http://www.washingtonexaminer.com/f...c-gets-highest-pay-raise/article/2644368

Yup, it used to be if you weren't that smart or ambitious you'd go into government work for a lower but steady pay check. Private sector was more work, more stress and less secure but paid better in the trade off. Now government workers put in 20 years of mediocre service and get a six figure pension and lifetime medical. Private sector gets stuck with the bill.

Where were all the liberals including GunTruck 49 during the Obama era when he ran up the national debt over $9 TRILLION? I think the retired mechanic - GT49, still gets his union newsletter and memorizes all the talking points.

I have several retirees in my neighborhood that are retired cop's, firemen etc.... from blue states and they live like millionaires .

Thing is they never had to save and contribute to their own retirement, they never had to invest and risk capital, they got as close to a risk free guarantee as a person could have.

They think they are so much better than everyone else, the arrogance is hard to take.

If you do the math it would take a million or two in assets earning a decent return to provide what their pension provides.

That being said you cant blame an individual for taking an offer like that, only a fool would say no!

What I hate is their attitude and selfishness, the bloated pensions are sinking many states budgets yet they could care less, but hey they got theirs and they deserve it?

And these people keep voting for more and bigger government.

The swamp is much bigger than most realize.

I don't know what state you are talking about but that ain't Ohio. As a 25 year corrections officer I would not call what I do mediocre.


In Ohio we pay OPERS and the state matches. But neither pays Social Security so that's a wash.

Just for thought:

IMO retired cops and firefighters may have had to risk their lives in their profession, so who am I to begrudge them a risk-free pension?

If you had a million or two in assets earning a decent return, would you think you deserved it and would you want the Gov taking more of it away? If not, why should they?

Not entirely true. The greatest share of pension profit comes from their investments in the market. But it is also true that employees and employers do contribute to the funds every pay period. Myself and three other of my retired cop buddies invested independently throughout their careers. It was another way to ensure an income source after retirement. The 2008 recession turned many state pension funds into red ink, employees and employers increased their contributions. Yes taxpayers do subsidize these funds but that is how state legislatures structured this decades ago. Back then the state contribution was miniscule. Also, we do not pay into social security unless we worked a separate job. If you do, any SS is cut by 60% under the "windfall elimination" deduction.
I'm sorry if some flaunt their "wealth" but government has the ability to change if the voters decide. Non-government voters clearly out number government workers/teachers - other than around Washington D.C.. As I said, the pension fund does get the majority of its profit from investing. The problem now is how to wean off the system from the taxpayers. Some large cities like LA and Chicago have pension funds that are hundreds of millions of dollars in debt. There has been some unethical practices too - in Chicago (where else?) some cops were promoted on the last day of working and that pay raise became the new amount entered into their pension fund equation.

The tax bill is also hitting the rich in other ways. Got a Home equity loan or line of credit? That interest is not tax deductible starting in Jan...

Interesting. I looked the numbers up for the city I live in.
Average single yearly income is about $32,000, the average household yearly income of about $62,000. The average fireman in my area makes $68,000 a year. The average yearly police officer income is about $54,000.
One of my state reps for this area makes a yearly income of $47,700 for a part time job (his regular gig is a firefighter) and $120 a day for per diem while in session, which is weird because he lives within commuting distance of the Capitol.

Totally false. You can still use your mortgage deduction up to the $750,000 amount. The untruths will never end.................

Governments are now shifting away from pensions to 401k's like the private sector. The trade off for that is they also now have to pay a competitive salary to hire and retain employees. My opinion is that this is the right way to go, but a certain job commands a certain pay, no matter whether it is collected now or later.

You're correct in that I'm not talking about the mortgage interest deduction on your primary mortgage. I'm talking about a home equity loan or line of credit. Which is now gone...

Mortgage tax changes:

Before reform:
Individuals are generally allowed an itemized deduction for interest on
1. Principal residence and second residence mortgages up to $1,000,000 (married) or $500,000 (single) (limit applies on a combined basis)
2. Home Equity Line of Credit (HELOC) up to $100,000

Post-reform:

Individuals are generally allowed an itemized deduction for interest on principal residence and second residence mortgages up to a combined $750,000.
Pre 12/16/17 mortgages are grandfathered and new purchase money mortgages may be grandfathered if the purchase contract is dated before 12/16/17 and other conditions are met.
Refinancing of grandfathered mortgages are grandfathered, but not beyond the original mortgage’s term/amount (some exceptions apply for “balloon payment” mortgages).
Interest on a HELOC is no longer deductible.