If you make more than $360,000 annually, you’re in luck: you might get a five-figure tax break.

https://i.redd.it/7f0h9dyqktef1.png

by Conscious-Quarter423

23 comments

  1. We are so fcuked.. imagine voting for this thinking a billionaire is anti establishment..

  3. And again the dumb, poor people gave the whip to the powerful so they could be punished harder.

    I live in Brazil, but we see the same happening here frequently.

    I’ll never understand why humans behave this way.

  4. Is this comparing against what the tax rates are currently, or what tbey would have been if the previous tax rates expired as planned at the end of the yeat? I see a lot of misleading information out there, my understanding is the tax rates are mostly unchanged with a few carve outs for things like death taxes or SALT deduction caps.

  5. I’m not a fan of the bill but this chart is very misleading. It will not raise taxes on people making under 150,000. The chart is likely including possible reductions in SNAP and Medicaid benefits if you can’t prove you’re working for low incomes. But that’s not a tax increase. 

  6. Hey man this is what they voted for, let them stew lol

    The best part is all the funding cuts to *further* dig the holes they are already in

    Public services, education, emergency are all getting hit

    Any broke retards in here still voting republican…ok then! 😆

  7. According to this chart, $360,000 gets a four figure decrease not five.

  10. Wow, do you mean to tell me that the people who pay substantially more in taxes will see a larger reduction?!

    TIL how percentages work!

    This sub is f’n regarded

  12. As someone benefiting from this new tax bill:

    FUCK. TRUMP.

    Tax the rich.

  13. SALT relief up to $40k is the winner for those making $200k+

  15. How, though? I am no fan of this bill but I’ve also read all the tax related things and so many of the benefits phase out after a certain income level. What are the specific parts of the bill that favor rich like this, other than the estate tax, which has nothing to do with income?

  16. I too enjoy posting inaccurate images for fake internet points.

  17. You all do realize that the top 50% of earners pay 97% of the income tax, right? That’s right: The bottom 50% pay 3% of the income tax. I will gladly take my tax break from the six figure tax bill I pay every year. Thanks!

  18. This is not right, false, and misleading. If you don’t make $28,600 your Federal taxes will not increase by $790. Looking at the Tax Law only.

  19. Serious question, is this accounting for child credits? This is less of a factor for millennials than I was boomers given the low births per house hold but obviously still important to factor.

  21. Cherry picked nonsense. We all saw the brackets and the INCREASED standard deduction, along with deductions on OT, deductions on tips, and $6000 more deductions for seniors.

  23. This is complete BS even CBS says someone making $150k is saving $3,500.

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