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General Category >> Politics, Religion (Tall Table) >> I'm liking it......
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Message started by raydawg on 11/03/17 at 14:26:48

Title: I'm liking it......
Post by raydawg on 11/03/17 at 14:26:48

Of course most will just regurgitate their Kool-Aid directives without even looking into what the tax bill could mean to them.

Here is a good place to look:

https://www.thestreet.com/story/14374030/1/how-gop-tax-bill-can-hurt-your-retirement-investments.html

I will do a little better if I stay to course, nothing huge, but with the possibilities of realizing better returns in the market, I could fair even better.

Of one interesting point, those who live in higher income states, property wise, you'd loose some deductions possibly.
That's ok, yes..... rich folk should pay more, right?

New York and LA should practice what they preach ;D

Washington is in that group as well, in certain areas.
I could sell my house, and move to a lower property taxed state, pocket some really decent profit, TAX FREE......
Have a house free and clear, and a swell cushion in the bank as I draw on my retirement income, WHICH, I could still more, as they are raising that threshold too.....

Nice to see some options finally available.

Title: Re: I'm liking it......
Post by verslagen1 on 11/03/17 at 15:09:35

According to that... I should get a tax break.

Title: Re: I'm liking it......
Post by justin_o_guy2 on 11/03/17 at 21:14:15

I think we will benefit. Hafta see.