[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 373 KB, 1178x1106, Screen Shot 2017-09-27 at 2.20.49 PM.png [View same] [iqdb] [saucenao] [google]
3638961 No.3638961 [Reply] [Original]

YOU BOYS READY FOR YOUR TRIP TO LAMBO LAND?

>12%, 15%, 20% Brackets with a possible 4th for wealthy.
>20% Corporate Rate
>25% Pass-through (small business) Rate
>Several deductions removed for simplification
>10% One-Time Repatriation of overseas corporate profits

ITS FUCKING HAPPENING, GET IN HERE

https://www.scribd.com/document/360061522/Republican-Tax-Plan#from_embed

>> No.3638969

>>3638961
bumping past the shitcoin threads

>> No.3638985

>>3638961
>wealthy.
define pls

>> No.3638989

>>3638969
x2

>> No.3639010

>>3638985
Like the top 1% of earners. Trump didn't specify, but he's leaving it open for later discussion.

Even the cruel billionaire Trump says he will not lower taxes for the very most wealthy.

>> No.3639016

>>3638985
it'll be income brackets just like we have now except 3-4 instead of 200 or however many, don't think there are hard numbers yet but it'll likely be >$500,000 annual income per household

>> No.3639017

>>3638961
>>3638969
>>3638985
>>3638989
BUY Bitcoin now!!!!

>> No.3639026

>>3638961
w-wait, what deductions have been removed? asking for a friend

>> No.3639032

>>3638961
Wat what?

Low in come bracket is fucking %33 here. High income is like 55%

I hate Europe.

>> No.3639034

>>3638961
>>3638985
The document is 9 pages and is not technical, it is just an overview of the general idea for the bill. Very easy to read. The real bill will come next week, and Republicans are working out the details until then.

>> No.3639054

>>3639026
Look at the link I provided, it's a very short read.

>>3639032
LMAO but, but you get all those benefits in society, right? And you have roads and better schools than we do!

>> No.3639057

>>3639032
Take that socialists!

>> No.3639064

>>3639032
What country are you referring to? Is it about the same as other European countries, or more/less?

>> No.3639074

>>3638961
Hahaha fucking idiot if you think this shit will pass hahaha faggot

>> No.3639089

>>3639032
tbf the infrastructure in non-shitty EU nations is much better than the us

>> No.3639109

>>3639074
??? Why will it not pass? It's a massive giveaway in taxes, with broad Republican support. They can all agree on lower taxes and less government programs.

>> No.3639120
File: 104 KB, 500x484, 223412416465.jpg [View same] [iqdb] [saucenao] [google]
3639120

>tfw canacuck

>> No.3639143

NOOO HILLARY WHERE ARE YOU I NEED A NUCLEAR WAR FOR MY COINS TO SKYROCKET

>> No.3639150
File: 7 KB, 228x221, Sad From Crying.jpg [View same] [iqdb] [saucenao] [google]
3639150

>>3638961

>tfw auscuck

>> No.3639151

Welp, fuck canada, time to move to the US

>> No.3639152

>>3639032
We pay that and more for health insurance. :)

>> No.3639161

>>3639054
Alright, I file Schedule C every year as self-employed so I assume this wont affect me cause I have a ton of deductions, itll just affect the normies who itemize.

>> No.3639187

>>3639120
>>3639150
>>3639151
COME TO AMERICA! America is very accepting to those who embrace the values of the Constitution and Bill of Rights.

To be fair, there are several big advantages to Canada and Australia respectively, so I hope you don't feel too bad about paying more in taxes for relatively much safer and lower-inequality societies.

>> No.3639195

WHAT DOES IT SAY ABOUT SHITCOINS

>> No.3639202

>>3639195
NOTHING, IT ONLY TALKS ABOUT *REAL* MONEY

>> No.3639261
File: 1.52 MB, 1157x868, yellen.png [View same] [iqdb] [saucenao] [google]
3639261

>>3639202
shots fired

>> No.3639279

Anything about capital gains or inheritance? I'm looking at a couple million once my parents kick the bucket, way more if it's an accident.

>> No.3639289

>>3638961
jesus 5% GDP incoming

stock market boom incoming if this passes

>> No.3639290
File: 2.46 MB, 1410x1198, Green wojak.png [View same] [iqdb] [saucenao] [google]
3639290

>"WE ARE GOING TO GO UP LIKE A ROCKETSHIP LIKE WE SHOULD HAVE YEARS AGO"

TRUMP'S ONE OF US! BUY BUY BUY!

>> No.3639333
File: 58 KB, 960x774, 1494631132502.jpg [View same] [iqdb] [saucenao] [google]
3639333

>store the vast majority of your wealth in crypto
>cash out the bare minimum to survive yearly (25k)
>only have to pay 12% tax thanks to based drumpf

>> No.3639337

WHAT ABOUT FUCKING CAPITAL GAINS

>> No.3639369

>>3639089
Cause our military Is fucking huge. It does need spending but can they cut down even a little bit?

>> No.3639381

>>3639333
Retard. Do u think you can literally support yourself with 25k? Fuck you guys are dumb

>> No.3639386

>cutting taxes
>while the debt and spending is out of fucking control

nice meme, fiat is done

>> No.3639404

>>3639381
This. Capital gains tax matters the most for us and it isn't even mentioned what a joke.

>> No.3639406

>>3639381
I am 25 and my monthly expenses are 1.5 k. rent food, etc. i eat out a lot too. smoke weed. spent 22k last year. faggot u mad brah?

>> No.3639416

With the liberals and cucks blocking him I doubt this gets through. I mean McCain voted to save Obamacare, for fucks sake.

>> No.3639449

>>3639381
easily, if you live modestly and don't live in San Francisco or other liberal shithole

>> No.3639470

>>3639187
asked me a few months ago if i would have given up the healthcare and i would have said no. Now though it doesn't seem like an issue.

>> No.3639556

>>3639187
how hard is it to gain citizenship as a leaf?

>> No.3639593

>>3639556
its long for anyone
like 10 years

>> No.3639602

>>3639593
Do you just have to live there for 10 years? also kek at id

>> No.3639630

>>3639152
Lol
>"SOCIALISM IS STILL GOOD AND NOT A RIP OFF"

>> No.3639639

>>3639602
no, the process to move here is 10 years long

>> No.3639644

>>3639602
>>3639639
becoming a citizen is even longer

>> No.3639654

>>3639143
>>3639593
>>3639639
>>3639644
War mongering and spreading FUD for first world immigration. The ID doesn't lie.

>> No.3639655
File: 32 KB, 470x698, 1502963555407.jpg [View same] [iqdb] [saucenao] [google]
3639655

>>3638961
can someone explain this to me like im a 12 year old

>> No.3639676

>>3639032
>55% income tax

I think it recently came to light in Canada that certain people are paying more than 50% in income tax. For a while it was around 43% for top earners. Anyway, people want to talk about slavery and muh reparations how about we talk about tax slavery. This si fucking bullshit.

>> No.3639679

>>3639416
This. Whether you like Trump or hate him, you have to admire his ability to force Repubs and Dems to prove that there's literally no difference between the two and that both parties essentially have the same establishment agenda, they just dress it up differently by appealing to different demographics.

Take Obamacare, for example. Republicans spent the last 8 years bitching about it, but then they finally get the chance to get rid of it, and then they don't. Because it was all just talk, that's all these people are. Talk. The politicians are all working towards the same ends no matter what "side" they're on. Trump forces them to expose themselves, and he does it simply by existing.

>> No.3639693
File: 19 KB, 708x472, 1494142128150.jpg [View same] [iqdb] [saucenao] [google]
3639693

>>3639337
I came here to post this

>> No.3639713

>>3639654
tell me how long it takes
12 years+ for investors visa, 3-5 years before applying for citizenship, etc

>> No.3639737

>>3639416
>>3639679
That's what happens when you have a two party state fighting for votes. They trend toward the middle and you essentially end up with a one party state bickering over memetic quandaries to keep the public polarized. I'll probably never vote again and wait till a NRx style monarchy is establish.

>> No.3639776

>>3639713
You can buy your way in if you have a business with jobs and a million dollars. It takes like a tiny fraction of the time.

>> No.3639793
File: 140 KB, 1552x1152, 1492207104720.jpg [View same] [iqdb] [saucenao] [google]
3639793

>>3638961
O-oh boy more tax cuts for people who are already rich while mine hardly changes.

>> No.3639801

>>3639793
You wont be crying about it once you become rich yourself.

>> No.3639807

>>3639416
McCain after Obamacare was passed, kek:

https://youtu.be/-S9ci1cmMGU

>> No.3639822

why the fuck would i want to live in a country where any brainlet can walk down the street with an assault rifle. get fucked nobbers.

>> No.3639869

>>3638961
Hang yourself

>> No.3639872

>>3639381
yo not everyone is a douche who has to live in LA

>> No.3639964

>unserious

this is an edit, right? Washington Post didn't actually post an editorial with "unserious" in the title, did it?

>> No.3640126

Nothing he does will fix any of the true tax problems we have.

It will be nothing but tax cuts for people who already have a ton of money, just like the obamacare/medicaid repeal was.

>> No.3640149

>>3639964
Want to know how you can tell it was written by a woman?

>> No.3640190

GET RID OF THE FUCKING INCOME TAX

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.3640311

Inb4 libcucks cry and cry about muh 1% even though most super rich pay lower tax than most poorfags even with those currently ridiculously high tax brackets.
Warren buffet pays 6% tax on average, most of it to dumb fuck tax havens nobody has even heard of. At least this way high earners will be more inclined to stay within the US financial system and stop circumventing tax laws, allowing for greater efficiency and reinvestment
GG USA economy is gonna boom. This is what happens when you hire somebody who actually knows about business/economy instead of lib cuck 'politicians' that turn the state into a neo kleptocracy pandering to the lowest common denominator
Now if only trump can start deporting poor people I may even consider moving to America, land of the free