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Message 1 of 30

@mandm84 wrote:

Oh that's "Right" just another lie , the in thing with the Far Right.


No it is the truth, my "in thing" See below

https://www.cnbc.com/2018/09/10/chart-shows-surge-in-corporate-cash-brought-home-since-tax-cuts.html 

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Message 2 of 30

@mandm84 wrote:

rk9152 says "As a matter of fact, one of the objectives of the recent tax reform by the current government was to return money to our shores."

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More Falsehoods from the Far Right !! Where is the proof ? 


It has been posted.

 

Since you referred to me as "far Right" - would you care to offer your definition of that term? And you called my post more falsehoods" is that the same as "you're a liar"?

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Message 3 of 30

@Panjandrum wrote:

rk9152:  As a matter of fact, one of the objectives of the recent tax reform by the current government was to return money to our shores. 

 

 

Can you find any evidence that this has happened? Me either.

 

I guess you didn't look very hard.

https://www.cnbc.com/2018/09/10/chart-shows-surge-in-corporate-cash-brought-home-since-tax-cuts.html


 

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Message 4 of 30

Oh that's "Right" just another lie , the in thing with the Far Right.

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Message 5 of 30

rk9152 says "As a matter of fact, one of the objectives of the recent tax reform by the current government was to return money to our shores."

------------------

More Falsehoods from the Far Right !! Where is the proof ? 

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Message 6 of 30

@Panjandrum wrote:

rk9152:  As a matter of fact, one of the objectives of the recent tax reform by the current government was to return money to our shores. 

 

 

Can you find any evidence that this has happened? Me either.


Yes - Trump Said 4 Trillion Would Be Repatriated - what other proof would anyone need?

 

Well then there is this according to my sources - about 1/2 Trillion was returned to the US in all of 2018

 

The Treasury is overwhlemed by the Windfall especially at 15% & B4 all the Loopholes kick in

 

Most of the Extra Money however will be spent on Flights Room & Board for the Entire Trump Famly and their Spouses to travel uninvited to Great Britain & Buckingham Place

 

BTW

 

The US National Debt hit 22 Trillion This Year (2019)

 

The Fiscal Year 2020 U.S. budget deficit is expected to be $1.1 trillion. That's the largest deficit since 2012.

 

Spending was high in 2012 to combat the Bush - 2008 financial crisis

 

Sources at the hyperlinks

 

 

 

 

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

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Message 7 of 30

rk9152:  As a matter of fact, one of the objectives of the recent tax reform by the current government was to return money to our shores. 

 

 

Can you find any evidence that this has happened? Me either.

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Message 8 of 30

@mandm84 wrote:

IF OUR Truckers went on Strike , OUR Nation would be paralyzed, so why aren't we taking care of those vital workers ?

End this Greed of this Far Right Plutocratic Government and the 99% of OUR Nation will be treated as fairly as the Top 1% has been under Trump.

Allowing our Richest to hide TRILLIONS in Tax Free Overseas Accounts only hurts OUR Nation , that same Nation our Wealthy folks live in and enjoy it's Luxuries.

Our Nation helped make them Wealthy , but they still turn their back on her.

Billionaires like Bill & Melinda Gates and Warren Buffett don't , but many do and it needs to stop. 

What ever happened to the Moderate Eisenhower Republican Party that helped build all of  America ?

 


Hiding money overseas to escape taxes is not an invention of "this Far Right Plutocratic Government" . As a matter of fact, one of the objectives of the recent tax reform by the current government was to return money to our shores. 

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Message 9 of 30

@mickstuder wrote:

@GailL1 wrote:

@mickstuder wrote:

 

 

Republican-led changes to the tax law have left some truckers feeling especially pinched.

 

 

 

But a number of truck drivers, in interviews with NBC News, said that same tax bill is hurting their wallets. Before the new tax law went into effect, truckers were able to deduct daily expenses like food and lodging from their taxable income. Now, many have lost that ability, thanks to the bill's elimination of a category of deductions that allowed employees of a company to deduct work expenses that the company did not reimburse.

 

 


Trucker's need to work SMARTER rather than harder - This area of the tax code had been open to wide abuse because they weren't paying taxes or withholding on the amount in excess to any employers reimbursement.  Take away the abuse and have the employees know when they are getting a fair deal from their employer. 

 

If they are an EMPLOYEE of a Company, they should be paid for their daily expenses like food and lodging at a reasonable rate; as a stipend or reimbursed at an agreed upon rate between them and their employer. 

 

If they own their own truck and contract out their services, including the rig,  then they are a small business person and fill out Sch. C (Profit and Loss from Business) and deduct the allowable part of their traveling and living expenses while on business.

 

2018 SCHEDULE C - See line 24a and 24b

Page C-8 & C-9

Deductible business meal expenses. This includes expenses for meals while traveling away from home for business. Your deductible business meal expenses are a percentage of your actual business meal expenses or standard meal allowance. See Amount of deduction, later, for the percentage that applies to your actual meal expenses or standard meal allowance. In most cases, the percentage is 50%.

 

. . . . . In most cases, you can deduct only 50% of your business meal expenses, including meals incurred while away from home on business. However, for individuals subject to the Department of Transportation (DOT) hours of service limits, that percentage is increased to 80% for business meals consumed during, or incident to, any period of duty for which those limits are in effect.

 

This incudes, among others, Interstate truck operators who are under DOT regulation.

 

The way it is suppose to be done from the "business side" -

A business can fully deduct meals and incidentals furnished or reimbursed to an employee if you properly treat the expense as wages subject to withholding. You also can fully deduct meals and incidentals provided to a nonemployee to the extent the expenses are includible in the gross income of that person and reported on Form 1099-MISC.

 

Lodging is done basically the same way but without the % reduction - the employer can reimburse or provide a (taxable) stipend OR if they are a self-employed trucker, they can take the deduction for lodging according to SCH. C

 

In fact,as an employee, they possibly could also have other things which the employer may pay for or a portion of, too, like their cellphone - depending upon how the employer structures their usage of such a communication / recording / locator devices.

 

Time to work as a SMARTER employee, rather than HARDER - get paid for what you are due.  Time to pay the piper in taxes and FICA - which I might add, the later, will help them out in the long run with a higher SS check.

 

 

 

Gail's advise makes sense unless it gets clouded by an obsession about rich people as in the above.

 

 

 


The Entire Tax Code is Based on a - HONOR SYSTEM

 

Wide Spread Abuses??????? by Truck Drivers - Care To Cite Any Facts To Support 

 

How Come When Tax Policy is Written or in this case - re-written..............it's always the Loopholes that impact those who make the least amongst us - those who have the least voice or the less powerful advocates?

 

How come all the Loopholes for the Largest Corporations & the Richest Individuals are some how left untouched - unchallenged

 

But the Independent Truckers - who are already under attack from AI & Autonomous Driven Vehicles are the group Congress decides to get Religion against

 

You know what - I was hoping you would respond - because I fugured you could explain it - but just this once I was also hoping - you might take the side of the little guy - the Americans who are always the ones to suffer the consequences

 

Here Congress is making up for the unfunded Multi-trillion $$ Tax Break for Billionaires by retrieving thousands from Independent Truck Drivers and stepping over the Millions in ABUSES from the Millionaires & Billionaires

 

Work Smarter Not Harder - You Need Money to Get a Education - lots of it - & the few thousand now taken away from these Truck Driver probably means also taking away the opportuntity for the Children of the Truck Drivers to get a Education and break the cycle of the uneducated and the under educated

 

Lets all Remember - It's Not Enough For Our Children To Work Hard in High School - Get Good Grades - Ace the SAT's

 

NOTE: Now that we all know - there is another Door to College that is only available if you have the money to buy your kids way in - & those Spaces in each College That Are Purchased - also take away from & impede the Truck Drivers Kids opportunities

 

So yeah lets make sure - we close the Loopholes for Truck Drivers - Uber Drivers and Fuller Brush Salesman - because the Federal Budget & Income Deficits are surely their fault

 

 

 

 

 

 


 

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Message 10 of 30

@mickstuder wrote:

@mandm84 wrote:

Looks like the Keystone State was Bamboozled.


There are 3.4 Million Truckers in the USA

 

There are another 5 Million Workers in Support Roles

 

Democrats Are Doing a Horrendous Job not only on Educating the American People about the Crimes Trump Committed as outlined clearly in the Mueller Report

 

But the Democrats in Congress led by Incumbents like Pelosi & Schumer

 

Can't Even Do A Decent Job on Educating the Public on the Actual Results of all Trumps Empty & Failed Promises

 

Too Old - Too Weak - Too Self-absorbed

 

This information about the Big Cuts to Truckers Income has never been Reported by any Democrat - they are too busy getting re-elected to care about Lowly Truckers & most every other American Worker getting Grifted by Trump & the Congress

 

 

 

What have those "lowly truckers" as U call them to do with the Mueller report??

 


 

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