I'm doing my taxes right now and getting pissed off. I'll have paid a hundred grand in Federal and California taxes and thanks to the Republicans... I still may owe another $8,000 due to the so called "tax cuts". What a joke.
Republicans didn’t change 2017 taxes.
OP, you should comment on this post to acknowledge your ignorance with this topic :)
You do know you are still paying taxes based on the rules prior to the Tax Cuts and Jobs act right. Go to H&R block or any other free online calculator that will tell you how the new rules will affect you when you file in 2019.
Follow up question. How can a state like Washington seem to operate fine, decent infra, okay schools with the same sales tax and lower real estate taxes than California whereas California is collected over $65 billion in state income taxes and still can't manage to get anything right with shitty roads and schools. What am I missing?
That's a complicated question. Google it ;). Simple answer is Schools, Medi-Cal and pensions. Most of the burden is because of sheer numbers of people living here, legally or not.
Need voucher system for schools. Allow parents to take their voucher and choose to use it on public or private schools. This will force schools to compete and improve quality.
Welcome to AMT my friend!
Wow you are rich
Owe 65k :( delaying to submit until the last day....
Poor people cost money. It's politically incorrect, but true. We have a lot of poor people in CA and import lots more every year.
You are complaining about a hundred grand in tax here? First year at google or something?
Now we have a fucking ridiculous fucking cap on state and local tax deductions. And they say Republicans lower taxes LOL.
You and the OP are ill-formed, whining, Republican-blaming, rich folks. Most Americans will have a lower tax bill. Chances are, yours will be lower too
Nope, they will be higher next year if I file for the same income. If you make over a certain amount the bracket drop will not compensate for the state tax deduction cap.