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nolabels

(13,133 posts)

44. The other part that is baked into the cake

Wed Dec 20, 2017, 11:54 AM

Dec 2017

People with health care provided by an employer probably get it in the shorts also. Many employers just pass the increase in health care back to the employee because it is prohibitively expensive for them.

When the government takes money out of one part of the equation in health care the bill will always get transferred to another place. The tycoons who own doctor groups, health care plans and hospitals just raise the rates elsewhere.

Over and over again many employers tell the employees they will not be able to get any cost of living increases or raises because all the extra profit is going to pay for healthcare

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Calculator to see how the "tax cut" bill will affect you. [View all] Honeycombe8 Dec 2017 OP

Link? brooklynite Dec 2017 #1

Oops! Correct to include it. LOL. A very important part of my post. nt Honeycombe8 Dec 2017 #2

So you have a tax cut. Honeycombe8 Dec 2017 #3

my after-tax income increase is generally 1%, though negative after 10 years. yippee-do. unblock Dec 2017 #4

Am I the ONLY one with a tax increase? Very depressing. Misery loves company. nt Honeycombe8 Dec 2017 #6

they actually backed off some aspects; fewer people will have tax increases than in earlier versions unblock Dec 2017 #10

Our taxes are going down GreenEyedLefty Dec 2017 #5

The biggest hurt for me is the loss of deducting high sales tax in my parish. Honeycombe8 Dec 2017 #8

Same, I save several thousand Amishman Dec 2017 #18

Hmmm, I tried another calculator and got something completely different. smirkymonkey Dec 2017 #7

Link? nt Honeycombe8 Dec 2017 #9

I don't have it, sorry. smirkymonkey Dec 2017 #11

Hmmm...I don't know if it's helpful to ask your state. Honeycombe8 Dec 2017 #13

Right, in those "high tax" states usually the sales tax and property tax aren't killers uponit7771 Dec 2017 #23

Down by 3.2% jpak Dec 2017 #12

It's beginning to look like it IS a tax cut bill for most. nt Honeycombe8 Dec 2017 #14

There's not enough data for itemized deductions that's were they screwed people good uponit7771 Dec 2017 #17

Yes...I itemize. I'm retired.... Honeycombe8 Dec 2017 #19

Same here, the calculator leaves out Texas with high property and sales taxes but no state income... uponit7771 Dec 2017 #21

WOW !!! If you're a head of household with no children you're screwn !!! uponit7771 Dec 2017 #15

You have to have a kid to file as "head of household," I think. Don't you? nt Honeycombe8 Dec 2017 #20

No, just a dependent uponit7771 Dec 2017 #22

Same thing, isn't it? A kid is a dependent. ??? Honeycombe8 Dec 2017 #27

Right, word going around is they really screwed single working parents on this bill no matter what uponit7771 Dec 2017 #38

Fuck these pricks onecaliberal Dec 2017 #16

Our taxes will go down, income up - at least till '27 mcar Dec 2017 #24

Down ProfessorGAC Dec 2017 #25

Down a little for two years wryter2000 Dec 2017 #26

Second Post On This ProfessorGAC Dec 2017 #28

Wow. You did some good research there. nt Honeycombe8 Dec 2017 #46

I think you are doing something wrong. Even if you live in a high tax state, your taxes go down at Hoyt Dec 2017 #29

No. My income isn't high enough to give me a lower rate. Remember...this bill is Honeycombe8 Dec 2017 #30

No, I didn't say it would increase taxes for most. I said it would for ME. Honeycombe8 Dec 2017 #32

I see. Most folks in the lower income bracket don't itemize. I think that's the difference. Hoyt Dec 2017 #37

LOL. But then I might have to support him!!! LOL. nt Honeycombe8 Dec 2017 #41

Overall our/my taxes go down by less than 1% until they go up by about 1.5%. Freethinker65 Dec 2017 #31

Their goal was to force people to move from blue states to red states. scheming daemons Dec 2017 #33

You got it! EllieBC Dec 2017 #40

Louisiana is a high tax red state. Honeycombe8 Dec 2017 #42

This calculator isn't nearly detailed enough to give you useful answers FBaggins Dec 2017 #34

Well my taxes are going down MontanaMama Dec 2017 #35

Any calculation needs to include share of paying off the debt increase with interest. L. Coyote Dec 2017 #36

Does not include health insurance increases resulting from Qutzupalotl Dec 2017 #39

The other part that is baked into the cake nolabels Dec 2017 #44

At least the mandate doesn't expire until 2019. Regarding Social Security & Medicare... Honeycombe8 Dec 2017 #48

Our taxes go down ClarendonDem Dec 2017 #43

After tax income? It's BS Johnny2X2X Dec 2017 #45

Middle of 4th income bracket. 2 children elegible for tax credit. Itemize. Roland99 Dec 2017 #47