AGI of $360,000 -- paid $20,000 less in taxes in 2018 than in 2017

Anonymous
Anonymous wrote:
Anonymous wrote:I have a question. How the heck do people that make as much money as the OP and other posters do have time to post on this board? If you make that much money how do you have time to do anything other than work?


Is that a joke? I am an attorney (partner) at a small firm. I don't work that hard and clear 250K a year (and many of my partners make double that because they work harder than I do). My husband is an academic and works a ton, but has plenty of time to dick around on twitter and other websites. He makes 350-400 with consulting. A person who makes minimum wage working in a factory probably works way harder than I do but I have a skill set that they don't have, so I can work less and make more and still find plenty of time to post on DCUM.



You sound like a real pleasure to be around.
Anonymous
Op I hope you take some of the money you saved and donate it to help those in need instead of just comin on DCUM to brag about how well off you are and how you don’t pay your fair share of taxes.
Anonymous
Anonymous wrote:We are 1%ers (at the very lowest end of that threshhold) and saw a 5% decrease in effective rate. But that isn't good for the country.

You realize that the amount you are required to pay is just the minimum, right? If you truly believe it is bad for the country and wish to pay more, the IRS certainly will not send back the money.
Anonymous
Anonymous wrote:More rich people not paying fair share.


I’m pretty left, but this comment is why people hate liberals. What does “fair” even mean? Say what you intend... don’t hide behind platitudes.
Anonymous
Anonymous wrote:
Anonymous wrote:More rich people not paying fair share.


I’m pretty left, but this comment is why people hate liberals. What does “fair” even mean? Say what you intend... don’t hide behind platitudes.


You're not left if you're making this comment. You're a rightist (i.e. selfish-tarian). Just own it. Unless you're trolling intentionally.
Anonymous
Anonymous wrote:More rich people not paying fair share.


Wrong economic echelon.
Anonymous
Anonymous wrote:It's like you have your own little time zone, OP, and are "reporting" news items that the rest of us became aware of 6 months ago. It's cute.

Hey, you should go place a bet on that feline guy to win the Masters!


Why be a dick?!
Anonymous
Anonymous wrote:Congrats on not paying your fair share of taxes and eroding our countries economic health by skyrocketing the deficient for your 3 kids. I hope they have trust funds and connects or they and their grands kids are going to be less well off than you are. But who cares about them and everyone else...go buy your gaudy Tiffany silver or vacation in Aruba in March or whatever useless thing you do with your existence.


Grow up
Anonymous
Anonymous wrote:
Anonymous wrote:We are 1%ers (at the very lowest end of that threshhold) and saw a 5% decrease in effective rate. But that isn't good for the country.

You realize that the amount you are required to pay is just the minimum, right? If you truly believe it is bad for the country and wish to pay more, the IRS certainly will not send back the money.


And then you can watch DT waste it with his motorcade and Secret Service detail on FL outings.
Anonymous
Anonymous wrote:
Anonymous wrote:More rich people not paying fair share.


I’m pretty left, but this comment is why people hate liberals. What does “fair” even mean? Say what you intend... don’t hide behind platitudes.


THIS
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:More rich people not paying fair share.


I’m pretty left, but this comment is why people hate liberals. What does “fair” even mean? Say what you intend... don’t hide behind platitudes.


THIS



+1. We're paying less and very grateful.
Anonymous
Datapoint: our AGI is about 2x the OP, with 2 kids. We paid about 0.5% less in taxes this year versus last. Not sure about the OP, but our property tax for our home was rather significant and that combined with having only 2 kids versus 3 means we are more impacted by the new tax policies.

Congrats to the OP, I'm happy for you.
Anonymous
Anonymous wrote:
Anonymous wrote:That’s weird because we make double what you do but it was a wash for us. AMT went away but loss of SALT was a killer.

We live in NY which I think is comparable to MD for taxes.


Same for us in Virginia.
.

If you were paying AMT you were not taking advantage of SALT under their old tax rules anyway
Anonymous
Single, no dependents, rent,make $85k , in 2018 I paid A LOT less in fed taxes. VERY VERY happy with the tax reform.
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