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TAX Reform

Chalanachithram.com DB » New TF Industry Related » Archive through April 26, 2017 » TAX Reform « Previous Next »
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Andhravodu
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Posted on Wednesday, April 26, 2017 - 07:18 pm:       


Nservicebus:

right now standard deduction is 12500, if they are going to double means its 25k, normally we have to pay 28% tax on amt 12500, i.e 3500


Effective tax rate choodali annai. The 12600 will lessen your tax burden, but it won't be totally in the complete 28% bracket

Let's say you have an AGI off 100k and an effective tax rate of 12.65%, ee extra standard deduction valla, it'll become 11% something. You will not get 25% benefit as you aren't taxed that much in the first place
 

Nservicebus
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Posted on Wednesday, April 26, 2017 - 05:12 pm:       

if one family is earning 100k then they can save 3500.
right now standard deduction is 12500, if they are going to double means its 25k, normally we have to pay 28% tax on amt 12500, i.e 3500. so we can save that money.
 

Sannayi_nokkulu
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Posted on Wednesday, April 26, 2017 - 05:03 pm:       


Happyguy415:

enta mruduvugaa maatlaadutunnaaro Balayya



sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
 

Happyguy415
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Posted on Wednesday, April 26, 2017 - 05:01 pm:       


Andhravodu:

welcome back annai



Thanks annai.

Ayite maa laanti single poorie sarma gaarla paristhithi enti? no change, or increase in tax aa? :-(


Sannayi_nokkulu:

https://youtu.be/AyEQ1hJNFm4




enta mruduvugaa maatlaadutunnaaro Balayya
 

Wellsfargo
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Posted on Wednesday, April 26, 2017 - 04:40 pm:       


Admin:

Could you please email me admin @ chalanachithram com




done
 

Admin
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Posted on Wednesday, April 26, 2017 - 04:09 pm:       


Wellsfargo:


Could you please email me admin @ chalanachithram com
 

Wellsfargo
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Posted on Wednesday, April 26, 2017 - 04:07 pm:       


Sony:

standard deduction is 3750 per person on average family of 4 its 15K, double cheste 30K




mastaru naaku telisi deenni exemptions antaru anukunta. standard deduction is 12700
 

Last_avataar
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Posted on Wednesday, April 26, 2017 - 03:27 pm:       


Sannayi_nokkulu:




NTR ee Video chuste... kshobinche vaadu. Aaayana Bhasha, Body Language, enti
NBK ee language enti ani
 

Rajusk
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Posted on Wednesday, April 26, 2017 - 03:09 pm:       


Sony:

250K ki Federal will be around 70K

state will be around 15K (6%)

so total gaa 90-95K kadtham


standard deduction is 3750 per person on average family of 4 its 15K, double cheste 30K


you will save for 250K family with increase in standard deduction may be 5K-10K anthe




Guru jee..meeru Income Tax and Corporate Tax ni avuposana pattesara..
 

Andhravodu
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Posted on Wednesday, April 26, 2017 - 02:58 pm:       


Sony:

that 500 will not be a big difference with growing costs

every year property taxes will itself be around 50 to 100 jump


that's a locality problem, not a federal problem bro. All solutions federal govt cheyali ante, property taxes kooda federal govt ki pampinchandi
 

Savyasachi
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Posted on Wednesday, April 26, 2017 - 02:52 pm:       

trump gadu yedi chesina pass iye laga ledhu. dems will oppose each and evrything he proposes. yekkuva aasalu pettukokandi.
 

Rebel
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Posted on Wednesday, April 26, 2017 - 02:51 pm:       

NO More itemized deductions..

24K limit for married + state tax deductions teesesadu..
mortgage insurance wont be enough to reach 24 K
 

Sony
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Posted on Wednesday, April 26, 2017 - 02:49 pm:       


Xxx:



there will be nothing for US, only the cream TI,MAV and HYD etc will become more rich


10% below 100K ante kontha mandiki work out avtundi
 

Xxx
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Posted on Wednesday, April 26, 2017 - 02:46 pm:       


Sony:

$250K family above 25% ani petti below $250K family 10% ani peditene gaani work out avadu




there will be nothing for US, only the cream TI,MAV and HYD etc will become more rich
-
 

Sony
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Posted on Wednesday, April 26, 2017 - 02:39 pm:       


Andhravodu:

you are not paying 5-10k kada. So you got around 400-800$ a month. anta kante ekkuva expecting?


that 500 will not be a big difference with growing costs

every year property taxes will itself be around 50 to 100 jump
 

Sannayi_nokkulu
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Posted on Wednesday, April 26, 2017 - 02:36 pm:       


Happyguy415:

What does this all mean to us, mango people annai?


https://youtu.be/AyEQ1hJNFm4
sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
 

Andhravodu
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Posted on Wednesday, April 26, 2017 - 02:35 pm:       


Sony:


you will save for 250K family with increase in standard deduction may be 5K-10K anthe


you are not paying 5-10k kada. So you got around 400-800$ a month. anta kante ekkuva expecting?
 

Sony
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Posted on Wednesday, April 26, 2017 - 02:33 pm:       


Siloan:

2k save avutaaya


over a year avtayi, adi peanuts suyodhana

with growing costs, 250K or below should have 10% ( this is low should be 15% may be)
 

Sony
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Posted on Wednesday, April 26, 2017 - 02:32 pm:       


Saint:

stnadard deduction double chestunnadu kada...also dependent care / kids vunna vallaki special edo annadu


work out avadu simple gaa chebuta

250K ki Federal will be around 70K

state will be around 15K (6%)

so total gaa 90-95K kadtham


standard deduction is 3750 per person on average family of 4 its 15K, double cheste 30K


you will save for 250K family with increase in standard deduction may be 5K-10K anthe

daani valana origedi emi ledu
 

Siloan
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Posted on Wednesday, April 26, 2017 - 02:29 pm:       


Sony:

aa 3% valana emi difference undadu



2k save avutaaya
 

Andhravodu
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Posted on Wednesday, April 26, 2017 - 02:28 pm:       


Happyguy415:


welcome back annai

Original trump tax plan lo 7brackets reduction to 3 ani undi. not much changes, but oka 3-5k tax save avutundi for 2 income families. Under 90k income unte, you have to pay a bit more ani choosa

o Doubling the standard deduction (This kill's incentives for home buyers. people won't itemize unless you have really expensive house)

o Providing tax relief for families with child and dependent care expenses - Very well thought off

This plan helps more people and especially married filers with kids. Right now, marriage has a soft tax or marriage penalty, it'll get a bit lesser
 

Sony
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Posted on Wednesday, April 26, 2017 - 02:28 pm:       


Siloan:


28 to 25 ?


aa 3% valana emi difference undadu
 

Saint
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Posted on Wednesday, April 26, 2017 - 02:28 pm:       


Sony:


stnadard deduction double chestunnadu kada...also dependent care / kids vunna vallaki special edo annadu
 

Siloan
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Posted on Wednesday, April 26, 2017 - 02:27 pm:       


Sony:

our tax bracket might change



28 to 25 ?
 

Sony
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Posted on Wednesday, April 26, 2017 - 02:26 pm:       


Happyguy415:

What does this all mean to us, mango people annai?


our tax bracket might change

but most of desis ki help avadu,

$250K family above 25% ani petti below $250K family 10% ani peditene gaani work out avadu
 

Happyguy415
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Posted on Wednesday, April 26, 2017 - 02:23 pm:       


Andhravodu:




What does this all mean to us, mango people annai?
 

Andhravodu
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Posted on Wednesday, April 26, 2017 - 01:56 pm:       


Couragebabu:

o Repeal the Alternative Minimum Tax


Seattle millionaire db members ippudu Trump ki support ivvali
 

Couragebabu
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Posted on Wednesday, April 26, 2017 - 01:54 pm:       

Goals for Tax Reform
---------------------
ï‚· Grow the economy and create millions of jobs
ï‚· Simplify our burdensome tax code
 Provide tax relief to American families—especially middle-income families
ï‚· Lower the business tax rate from one of the highest in the world to one of the lowest

Individual Reform
-----------------
ï‚· Tax relief for American families, especially middle-income families:

o Reducing the 7 tax brackets to 3 tax brackets of 10%, 25% and 35%

o Doubling the standard deduction

o Providing tax relief for families with child and dependent care expenses

ï‚· Simplification:

o Eliminate targeted tax breaks that mainly benefit the wealthiest taxpayers

o Protect the home ownership and charitable gift tax deductions

o Repeal the Alternative Minimum Tax

o Repeal the death tax

ï‚· Repeal the 3.8% Obamacare tax that hits small businesses and investment income

Business Reform
----------------
ï‚· 15% business tax rate

ï‚· Territorial tax system to level the playing field for American companies

ï‚· One-time tax on trillions of dollars held overseas

ï‚· Eliminate tax breaks for special interests

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