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Hortensis

(58,785 posts)

71. That's the cruel narcissist pattern -- they need

Sun Jan 27, 2019, 04:43 PM

Jan 2019

admiration, but when they get people roped in they use their power over them to hurt them -- proof of their superiority. The Repubs would have done the tax heist with another president, but I've often wondered if a big part of his motivation was the enjoyment of screwing millions because he could, very much including his trumpsters.

Trump liked to talk at rallies about "his" Supreme Court case that would make requiring insurance companies to cover preexisting conditions, at all or without charging through the nose for them, unconstitutional. People would cheer less certainly, and then he'd pump enthusiasm back up again with the usual wall, Hillary, whatever. Always wondered just what he was enjoying in those exercises, because he could.

Reportedly hear he's very afraid of losing support these days, though. Is he afraid of tax season?

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Just did my taxes...there is going to be a lot of pissed people [View all] Drahthaardogs Jan 2019 OP

Also, many of us will be losing a boatload of deductions. I know I am going to owe thousands. Squinch Jan 2019 #1

I did! Drahthaardogs Jan 2019 #3

Yeah. And my sister lives in a co-op. Her property taxes and building mortgage are Squinch Jan 2019 #7

Didn't know about that exboyfil Jan 2019 #9

And very pinpointed to urban coastal areas where that is a common kind of home-buying structure. Squinch Jan 2019 #14

"Urban coastal areas"....that tend to be in blue states? regnaD kciN Jan 2019 #78

The $10,000 SALT Limit Does NOT Include Mortgage Interest Indykatie Jan 2019 #66

I didn't say it did. They are 2 different things. But there is also a cap on the mortgage interest Squinch Jan 2019 #69

NJ is a donor state. It loses $31 Billion a year to bail out other states, more than NJ's budget. TheBlackAdder Jan 2019 #74

We pay for the red states' roads, so we HAVE to levy high state taxes so we can have roads too! Squinch Jan 2019 #79

This is why I'd like to see a Transfer Payment Equalization Act. roamer65 Jan 2019 #93

I just read this article and WOW! Drahthaardogs Jan 2019 #90

Someone posted here a while back who had IRS Laura PourMeADrink Jan 2019 #96

"Tee hee. Tuff nuts, suckers." - Dirty Donny* & KGOP republican cronies Achilleaze Jan 2019 #2

Winning on taxes! Zambero Jan 2019 #62

That's the cruel narcissist pattern -- they need Hortensis Jan 2019 #71

Good analysis Achilleaze Jan 2019 #72

Tried to do our taxes Maeve Jan 2019 #4

Yes, I've done mine but can't file until TrishaJ Jan 2019 #50

Maybe the people who do that were furloughed. llmart Jan 2019 #67

Check the IRS website to see if the form has been updated nitpicker Jan 2019 #98

Gangsters, robbers, liars, thieves. GOP! lindysalsagal Jan 2019 #5

That'd be a great title when they start making movies about this administration NotASurfer Jan 2019 #18

Every damn one connected, even remotely connected to tRump in orange jumpsuits a kennedy Jan 2019 #19

No steak, no Big Mac, NotASurfer Jan 2019 #48

Straight up Nutriloaf for those fuckers, day-in, day-out ... (nt) mr_lebowski Jan 2019 #49

I LOVE your cat gif. Haggis for Breakfast Jan 2019 #91

Yup - I got rid of my exemptions and took more out for withholding jpak Jan 2019 #6

I increased my quarterly estimate payments Turbineguy Jan 2019 #8

My return increased FreeJoe Jan 2019 #10

Husband does taxes for H&R Block. The season really just livetohike Jan 2019 #11

I am going to do better exboyfil Jan 2019 #12

The deficit increase is a big deal to me FreeJoe Jan 2019 #43

I think this board is very Pollyanna about exboyfil Jan 2019 #47

Well, at least one Dem running for President wants to tax the wealthy at 70%. llmart Jan 2019 #68

The proposal won't even eliminate deficit, much less begin reducing debt. Hoyt Jan 2019 #80

Please - note that the tax would not start until $50 million and only the amount above that karynnj Jan 2019 #82

I don't mind taxing the shit out of the rich, but I do worry about what she wants to spend it on jmowreader Jan 2019 #84

Meh, it's all just based on your situation... cbdo2007 Jan 2019 #13

I will also owe money this year because of losingnthebpersonal exemption. Lonestarblue Jan 2019 #15

I don't know how I will make out. My income is pension and S.S. 3Hotdogs Jan 2019 #16

We are a GM retiree family KentuckyWoman Jan 2019 #17

I don't think you will get hosed. It is un-earned income and taxed at around 20% at most. 3Hotdogs Jan 2019 #20

traditional IRA withdrawals are taxed at the ordinary tax rate, not the lower cap gains / qualified progree Jan 2019 #21

The good news is that unemployment, SS, and medicare are not deducted. 3Hotdogs Jan 2019 #25

?? They were never deducted before. But SS and unemployment benefits are taxed .... progree Jan 2019 #30

They are deducted when you work for a salary. 3Hotdogs Jan 2019 #32

They are deducted from your paycheck. But not on taxes progree Jan 2019 #36

" I don't know how I will make out." mitch96 Jan 2019 #64

The standard deduction is now $12000 TexasBushwhacker Jan 2019 #81

Still wondering how joewicker_TX Jan 2019 #22

Are you an independent contractor? StatGirl Jan 2019 #63

How do you do "extra withholding" nycbos Jan 2019 #23

either by reducing the number of "dependents" or just fill out the deduction form (W-2?) to include 3Hotdogs Jan 2019 #27

I don't have any dependents at all so I put 0 nycbos Jan 2019 #33

There is a line on the form where you can add additional Drahthaardogs Jan 2019 #52

Change your W-4 for extra withholding jpak Jan 2019 #44

I did that, would get $3-4K back every year. The IRS got pissed and locked my W-4 from changes. TheBlackAdder Jan 2019 #73

Why would the IRS be pissed ... KelleyKramer Jan 2019 #97

I'm worse off because my itemized deductions exceed both the old and the new progree Jan 2019 #24

They tried to hide the fact that the personal deduction was eliminated, which really hurts... George II Jan 2019 #28

The "tax cut" is a big shell game, just like Reagan's big "tax cut" in the 1980s. George II Jan 2019 #26

Does the doubling of the child tax credit make up for that ? MichMan Jan 2019 #34

Probably not - the credit is "up to" $2,000 - it could be lower depending upon other factors.... George II Jan 2019 #38

A $4050 exemption is equivalent to a $891 credit in the 22% tax bracket progree Jan 2019 #45

More people running from the liar trump and the gop , and this will only increase the numbers. duforsure Jan 2019 #29

I did the same Hangdog Slim Jan 2019 #31

Our property taxes are $9,725 (Texas) and we are both retired and have zero income. flying_wahini Jan 2019 #35

That is why replacing state income taxes with property taxes isn't always good MichMan Jan 2019 #39

For the procrastinators among us: CrispyQ Jan 2019 #37

For middle income and low income folks... safeinOhio Jan 2019 #40

I retired in 2010, watoos Jan 2019 #41

I'm in PA and retiring soon Freddie Jan 2019 #53

I haven'r done mine yet, but I'm ready to pay up. nt Kahuna7 Jan 2019 #42

I have friends who didn't adjust withholdings and will get much lower refunds than they expected wishstar Jan 2019 #46

The problem is that too many people are ignorant about taxes MichMan Jan 2019 #54

A friend who is a CPA told me the same thing a few months ago. guillaumeb Jan 2019 #51

I'm getting a nice refund Freddie Jan 2019 #55

This is exactly what I am talking about Drahthaardogs Jan 2019 #56

We did too thank goodness. redstatebluegirl Jan 2019 #57

You could have increased your witholding by an additional $50 per week over what you owe MichMan Jan 2019 #59

I never let them have my money. redstatebluegirl Jan 2019 #60

I usually get money back...does that mean I'll get less money back? nt UniteFightBack Jan 2019 #58

THIS is why Eddie Munster..... dawnie51 Jan 2019 #61

"Heh, heh. Screwed the taxpayers again." - Eddie M. (R) Achilleaze Jan 2019 #70

You mean I'm not going to get my $4,000? ooky Jan 2019 #65

Divide that by 10, and you will be closer. StTimofEdenRoc Jan 2019 #77

I came out ahead, mainly due to the upped stand deduction Amishman Jan 2019 #75

Just for the fun of it, put last years income into this years software. StTimofEdenRoc Jan 2019 #76

I always shot for about an $1100 refund - enough for a bit of mad money in the spring The Polack MSgt Jan 2019 #83

Call it a wake-up call to the MAGAts jmowreader Jan 2019 #85

I'm getting less back this year shanti Jan 2019 #86

We owe taxes for the very first time... helpisontheway Jan 2019 #87

This message was self-deleted by its author roamer65 Jan 2019 #94

What did people expect? D_Master81 Jan 2019 #88

My son also had to adjust his withholding Gothmog Jan 2019 #89

Anyone who used to itemize from NY or CA? roamer65 Jan 2019 #92

The tax changes are very beneficial to single income, standard deduction w/no children. roamer65 Jan 2019 #95