About 1,000 "taxpayers" making over $1 million a year failed to even file returns at least once, 2017-2021.

Stupid Tommie-poo wants a flat tax? What a moron. We have a progressive tax system (where higher incomes are taxed at higher rates) because taxing everyone equally, or taxing consumption, would place a huge burden on lower-income taxpayers.

As far as the tax code's complexity goes--much of that complexity is in exemptions, deductions, and exclusions--where things that shouldn't be taxed, like the first few thousand dollars a person makes, aren't. Any "simplification" would probably eradicate those provisions. In fact, that's what the Trump tax giveaways for the rich did. The bill included a "simplification" where itemized deductions were all but eliminated. One major effect was to screw over taxpayers who had large mortgages--the larger standard deduction didn't come close to making up for the loss of the mortgage interest deduction. And where were most of those taxpayers so affected? You guessed it--blue states.

The Trump tax "cuts" also increased Average Joe's tax bill by about 2%. But corporations has their tax bills slashed in half, so yay!, or something. And of course, those corporations immediately passed their savings on to the American consumer by lowering prices accordingly.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Tom subscribes to Trumps self serving conspiracy about deep state boogeymen in the IRS.   But he doesn't subscribe to the "self serving" extrapolation of data based upon people the IRS did audit to the people they didn't.

and isn't that special 

Yes, PJ is right.  That is the part I'm referring to.  PJ  summarized it well so no need to explain further.  You can cheat so much in schedule C and schedule E even.  

And yes, MP, Tom did school you on the retail theft issue.  

Nothing stupid Tommie-poo says is factual. Nothing. Aside from whether or not it's relevant, which it certainly wasn't to this discussion--not that stupid Tommie-poo is capable of rational discussion.

The folks who relied on itemized deductions to make their tax bills more fair didn't welcome this "simplification" at all. You had a significant casualty loss--property damage, theft, that sort of thing? Too bad. Unreimbursed medical expenses? Too bad. Interest payments on your home equity mortgage went up? Too bad. Et cetera.

And here's a little nugget that the Turd didn't exactly focus on--charitable contribution deductions were slashed. The nationwide before-and-after difference in charitable contributions was a reduction by almost a third. You could only deduct $300 after the Turd got through with it. So, yay Turd!

Damn, I still can't get an answer as to whether this thievery is worse than stealing a shelf full of Extra Strength Tylenol.

(tom: B-b-b-but there's all kinds of organized retail theft, including [laundry list].

me: Yes Captain Obvious, there is. Does that make you feel better? Now answer the question.)

Nothing stupid Tommie-poo says is factual.

Proof?  

The Trump tax "cuts" also increased Average Joe's tax bill by about 2%

Now the facts

https://thehill.com/opinion/finance/584190-irs-data-prove-trump-tax-cuts-benefited-middle-working-class-americans-most/

A careful analysis of the IRS tax data, one that includes the effects of tax credits and other reforms to the tax code, shows that filers with an adjusted gross income (AGI) of $15,000 to $50,000 enjoyed an average tax cut of 16 percent to 26 percent in 2018, the first year Republicans’ Tax Cuts and Jobs Act went into effect and the most recent year for which data is available

The folks who relied on itemized deductions to make their tax bills more fair didn't welcome this "simplification" at all.

Those that had less than $27k in itemized deductions, now can take a $27k exemption.  How is that bad?  You would think cpa kevin would be able to figure that out 

The nationwide before-and-after difference in charitable contributions was a reduction by almost a third

Another kevin lie.  Maybe inflation is a factor.

2022 total giving declined 3.4% in current dollars.

We have a progressive tax system (where higher incomes are taxed at higher rates) because taxing everyone equally, or taxing consumption, would place a huge burden on lower-income taxpayers.

Ok stupid kevin; here is how it could work.  Income minus a large standard deuction ($35k for example) equals net income.  If that number is zero or less no tax due.  Income above that pays a tax.

Then we have pj - no facts to the statement below; just a self serving IRS statement.

This is the group that gets away with a trillion dollars of theft every year.

By the way if you divide $1T by the additional 87,000 employees you get back $11.5k in tax revenue, while paying the employees $50k+.  So we lose money.

Again, Tom hammers you guys.  

His numbers are hilariously wrong, as are his assumptions. You can make any argument you want as long as you totally make shit up to "support" it.

I'll just give one example: the Trump tax cuts conatined a ONE-YEAR tax reduction for middle-income taxpayers. The duration of the bill was through 2025, and it contained graduated tax increases every year after 2018. Those increases have already negated the break everyone got in 2018. The net effect was a 2% overall tax increase over the life of the bill.

I didn't bother to spell all that out in my other post. The Trump tax cuts for corporations and the rich mostly "paid" for themselves by creating a YUGE deficit. But there was also an increase in the average dude's tax bill--modest, but real. This is too much for stupid Tommie-poo to understand.

And his Trump-love blinds him to what the Turd really did. He only "hammered" himself.

Thanks, PJ, for this explanation of taxes, who can cheat and why they get away with it, and simplification via the standard deduction.  Helpful.

Candy

Once again levin says I am wrong but doesn't supply the info where I am wrong. 

if Kevin could read he see when the article was written there was only 1 yrar of days available. There is nothing in that tax bill that would have rsised taxes after that. Kevin is welcome to supply data but he won't/can't. 

Anf of course he says the cuts increased the deficit but tax revenue went up. As detailed before the problem is that spending is increasing at a pace far exceeding inflation.