Dayum, Minimum wage= 7.25x2080= $15,080. That’s tough, I hope they’re doing something they love.
Wouldn’t that 3% increase be on their total take home income? Not just the refund (if the $75k example holds true). So instead of:
9064-8800=$264
It would be:
22,000x.03=$660
She’s in salon school and he delivers pizzas. So his number is skewed due to not claiming cash tips.
Their take home income is always 100% of gross in the end, as they recoup 100% of taxes and then some. Tbh I’m not even sure if they’d see a refund increase, but I definitely don’t think they’d see a net income increase.
In the even it is 660, refund goes from 8800 to 9400. And most people in that income bracket have zero knowledge of whether or not that difference can be attributed to the tax bill or not
You bring up a good point. Pretty much the voting blocks of “the poor” are set anyway. Urban poor vote Dem. Rural poor vote Rep. So the only people likely to be swayed by the tax bill are middle income and above.
But if you’re a limousine liberal and you made big money from the tax cuts… would you consider changing your vote to Trump in 2020? Doubtful.
So would the tax bill even matter to any swing voters? My guess is it might have an effect on middle income “blue wall” factory workers and miners and such. They make good money.
Ultimately I think the tax BILL will matter a great bit, as it’s basically a litmus test for distribution of wealth.
Will the after tax wages greatly affect voting patterns? My layman guess is not much given how few people saw meaningful impact
My 2 cents:
No, $2,400/yr is not breadcrumbs…shit I’m going to save $10/mo on my phone plan when my gf pairs up with me on my phone plan and I’m excited about that…I’m getting ~$30/mo interest on my savings account, I’m excited about that, but I am also weird liek you. I make $80k/yr FWIW.
The tax cuts are one the few times that ANY of the headlines I’ve seen, actually affects me in a positive way. Travel ban, russia, firing/losing people, all BS…but the tax cuts?..
I can take that shit to the bank! (literally)
May be bread crumbs to her, but to me thats my gas and water bills, which translates to putting a little more away for the kiddo’s education, paying off the house a little quicker, etc.
Granted its a matter of values and perspective, but if used right, its not bread crumbs, it some of the most important stuff people will ever do.
Saving money’s cool but it’s basically the equivalent of a coupon at Pizza hut for most Americans. While the blue bloods get to pass on trust funds & inheritance without the juice. Corporations get a break… We get a pizza they get a yacht. And most of us so dumb or content with scraps nobody complains.
Regarding the staffer “Exodus”…
https://amp.businessinsider.com/white-house-toxic-work-environment-2018-3
Totally mysterious as to why it could possibly be anything except amazing!
It’s not nothing, but it can’t be viewed in a vacuum. For example, medical inflation is holding around 6% per year and expected to be that for 2018:
https://www.google.com/amp/s/download.pwc.com/us/health-industries/amp/behind-the-numbers.html
More money in your pocket is great, but not if it evaporates due to the rising cost of necessities. This tax cut isn’t a big benefit to the middle class.
Agreed, but I’ll counter and say it’s much better than the status quo would have been without it. Medical would still rise regardless.
No thoughts or comments on the special election in PA? Trump won there by 20 points… if that’s any indication of what will happen in the midterms get ready for a big blue wave.
My mind is blown tbh. Guess there’s a chance this wouldn’t translate to other areas… But damn
Not nearly big enough of an area to be considered a bellwether event.
In a district that can go either way at any time, they are separated by about 600 votes.
Some good discussion that follows here.
It’s not a perfect comparison because there’s plenty of other noise that will go into my tax bill for next year versus this year (we bought a house in 2017, will have a kid in 2018) but, on a monthly pay schedule, my first 2018 paycheck had a difference of $200/month in the amount withheld for taxes. That’s certainly not nothing to me, but it’s also not large enough that I’m changing my spending habits as a result (plus, as thunderbolt alludes, it can’t be viewed in a vacuum).
I think I’m closer to Skyzyk’s take here than pfury’s (note: Skyzyk and I both live in this area, and Basement_Gainz lives a little outside of it, I think). The area that we live is interesting. As you head south down Route 19 from the city, you pass through Mount Lebanon (leans Dem, saw more Conor Lamb signs there than Rick Saccone signs), Bethel Park (more of an even split), Upper St. Clair (pretty even split), and then get down to Peters Township (more “ruralburbia” than “suburbia”).
I think it’s interesting that Lamb won, given that Trump won this area pretty heavily, but not a lock indication of a blue wave coming (could be, but this doesn’t change my opinion on that one way).
https://ballotpedia.org/Pennsylvania's_18th_Congressional_District
I’m always blown away when a district that is historically DOMINATED by the GOP goes blue. In this age of IP with GOP gerrymandering running amok.
That being said, iirc PA just took a shit on the GOPs gerrymandering. Anyone know if the vote took place with the updated district maps?
Yeah, seriously, it could come down to fish fries and hand shakes.
I’ve actually met and shook hands with Murphy and Santorum, which impressed me more than their opponents. My one bro-in-law was also Murphy’s next door neighbor, I took down a tree in his yard, and he lives up the street from my one ex-girlfriend.
These local ones can literally come down to “Joe said he’s a jagoff, so screw 'em.”.
No, in fact, this district won’t even exist during the midterms later this year, from my understanding. That’s what makes this win even more interesting. And it’s curious the GOP would consider paying to contest this election for a seat that’ll be gone in a few months. They have other things to worry about.
A little more money in your paycheck
No Obama Care insurance mandate
Return to full 40 hour work weeks instead of 35.5 hour “you’re part time, so no company insurance” work weeks
More aggregate money. And more confidence in the economy, More “placebo money.”
My bartender GF is making tons of tip money lately. The common man is feeling pretty good.
Dominated? Historically being the 1900’s, sure, but there has been some back and forth since about the '70’s.
There has also been a huge shift in population and demographics in that time, and more recently. There was a couple of real estate and business taxes passed in the last 20 yrs. or so that has created an explosion of growth right around the outer rim of Allegheny county. Still close enough to have access to Pittsburgh and whatnot, but still outside of the county. Its a big factor for the up and comers on where they’re going to live, start a business, etc. and how much they want to pay for being there, especially with the higher dollar real estate.