Yes, the new tax law allows many to keep more of what's theirs

[PhilFish]

https://www.marketwatch.com/story/here-are-the-winners-and-losers-of-the-final-version-of-the-republican-tax-bill-2017-12-18

 

[Dawg]

https://www.marketwatch.com/story/here-are-the-winners-and-losers-of-the-final-version-of-the-republican-tax-bill-2017-12-18

Yet, libs continue posting anything we get is borrowed money..........think I prefer to give your source more credence

 

[Bugsy McGurk]

https://www.marketwatch.com/story/here-are-the-winners-and-losers-of-the-final-version-of-the-republican-tax-bill-2017-12-18

How is it that we “keep” money that is borrowed and must be paid back?

 

[Dawg]

How is it that we “keep” money that is borrowed and must be paid back?

I've never had to repay a dime to employer after being paid.............

 

[Tor-Pete-O]

I've never had to repay a dime to employer after being paid.............

Nor I.

Nowadays I pay people. And nobody needs to repay me for their wages either.

 

[Bugsy McGurk]

I've never had to repay a dime to employer after being paid.............

Employers don’t collect taxes; the government does.

And the government is borrowing money to fund the tax cuts. Does borrowed money have to be repaid?

 

[PhilFish]

How is it that we “keep” money that is borrowed and must be paid back?

Huh?

How do you purchase your necessities?

 

[Bugsy McGurk]

Huh?

How do you purchase your necessities?

With money.

Back to the topic - doesn’t borrowed money have to be repaid?

 

[JuliefromOhio]

Don't blow that $50. in one place.

 

[Bugsy McGurk]

Don't blow that $50. in one place.

The graphs in the top post link are very illuminating.

https://www.marketwatch.com/story/here-are-the-winners-and-losers-of-the-final-version-of-the-republican-tax-bill-2017-12-18

The tax law lavishes the wealthy with massive tax cuts, with some bones being thrown to some middle class people, largely depending on whether they live in Blue states.

 

[Dawg]

Employers don’t collect taxes; the government does.

And the government is borrowing money to fund the tax cuts. Does borrowed money have to be repaid?

sane people know employers collect the taxes and send it to government, of course you think government have employees at companies collecting taxes.........evidently

not according to many of Slicks CRA, just get second mortgage and move out after destroying the home and O Stimulus (GMC) still owes taxpayers millions/billions

 

[PhilFish]

With money.

Back to the topic - doesn’t borrowed money have to be repaid?

That's not the topic. Read my header.

 

[Dawg]

Nor I.

Nowadays I pay people. And nobody needs to repay me for their wages either.

appears some don't understand that

I've paid employees for 30+ years and never once was a government IRS employee in my office while doing it

 

[Dawg]

With money.

Back to the topic - doesn’t borrowed money have to be repaid?

Topic wasn't borrowing money
why do you wish to change topic

 

[Deleted member 21794]

How is it that we “keep” money that is borrowed and must be paid back?

Simple. "Keeping" means it never leaves our possession to begin with. The fact that you struggle with such a basic concept is.... actually, it's HILLARYOUS.

 

[Bugsy McGurk]

That's not the topic. Read my header.

I did. It says that people can keep the tax cut money. I disagree. We don’t keep borrowed money; we have to pay it back. No?

 

[Bugsy McGurk]

Simple. "Keeping" means it never leaves our possession to begin with. The fact that you struggle with such a basic concept is.... actually, it's HILLARYOUS.

You “keep” possession of it for now, but the word “keep” implies that it’s yours for good. Borrowed money is not yours for good if you have to pay it back. True?

 

[Deleted member 21794]

I did. It says that people can keep the tax cut money. I disagree. We don’t keep borrowed money; we have to pay it back. No?

How much do you owe?

 

[Bugsy McGurk]

How much do you owe?

Your dodge is noted. Quite telling.

Recall my rule - he who dodgeth my question gets no answer to his own.

 

[Deleted member 21794]

Your dodge is noted. Quite telling.

Recall my rule - he who dodgeth my question gets no answer to his own.

How much do you owe?