Reply to thread

Message

<blockquote data-quote="newfie" data-source="post: 6124798" data-attributes="member: 58700">promise me you wont take any of these tax savings offered . when they try to give you these tax breaks you insist that you want to keep paying those taxes.<ul>
<li data-xf-list-type="ul">2017 TCJA Extension: Permanently extends income and estate tax cuts ($4T cost over 10 years).</li>
<li data-xf-list-type="ul">No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).</li>
<li data-xf-list-type="ul">No Tax on Overtime: Deduction for overtime pay (2025–2028).</li>
<li data-xf-list-type="ul">Auto Loan Interest Deduction: Up to $10,000 for U.S.-made vehicles (2025–2028).</li>
<li data-xf-list-type="ul">SALT Deduction: Cap raised to $40,000, phases out at $500,000 income (permanent).</li>
<li data-xf-list-type="ul">Standard Deduction: Increased by $1,000–$2,000 (2025–2028).</li>
<li data-xf-list-type="ul">Child Tax Credit: Permanent at $2,000, $2,500 for 2025–2028.</li>
<li data-xf-list-type="ul">Social Security Relief: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028).</li>
<li data-xf-list-type="ul">Trump Accounts: $1,000 savings accounts for newborns (2025–2028).</li>
<li data-xf-list-type="ul">Other: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions.</li>
</ul></blockquote>

[QUOTE="newfie, post: 6124798, member: 58700"] promise me you wont take any of these tax savings offered . when they try to give you these tax breaks you insist that you want to keep paying those taxes. [LIST] [*][B]2017 TCJA Extension[/B]: Permanently extends income and estate tax cuts ($4T cost over 10 years). [*][B]No Tax on Tips[/B]: Deduction for tips (under $160,000 income, 2025–2028). [*][B]No Tax on Overtime[/B]: Deduction for overtime pay (2025–2028). [*][B]Auto Loan Interest Deduction[/B]: Up to $10,000 for U.S.-made vehicles (2025–2028). [*][B]SALT Deduction[/B]: Cap raised to $40,000, phases out at $500,000 income (permanent). [*][B]Standard Deduction[/B]: Increased by $1,000–$2,000 (2025–2028). [*][B]Child Tax Credit[/B]: Permanent at $2,000, $2,500 for 2025–2028. [*][B]Social Security Relief[/B]: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028). [*][B]Trump Accounts[/B]: $1,000 savings accounts for newborns (2025–2028). [*][B]Other[/B]: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions. [/LIST] [/QUOTE]

Verification