taxes – Page 3 – Jonathan's Blog and Podcast

Explaining the Republican Tax Bill

The verdict for this episode is: Republicans care way more about corporations than people. https://media.blubrry.com/jonathansimeonepodcast/content.blubrry.com/jonathansimeonepodcast/GOP_Tax_Bill.mp3Podcast: Play in new window | Download (Duration: 11:05 — 5.1MB) | Embedsubscribe to my podcast Apple Podcasts | TuneIn | RSS | Subscribe to Jonathan's Verdicts

Podcast: Play in new window | Download (Duration: 11:05 — 5.1MB) | Embed

subscribe to my podcast Apple Podcasts | TuneIn | RSS | Subscribe to Jonathan's Verdicts

What the GOP Tax Bill Means to You

Republicans have released the final version of their tax bill. This post will focus on what I think you should know. If you have any questions, please feel free to comment.

Republican Tax Bills Will Add Trillions to the Debt

The verdict for this episode is: Republicans don’t care about the debt. https://media.blubrry.com/jonathansimeonepodcast/content.blubrry.com/jonathansimeonepodcast/Taxes_and_Debt.mp3Podcast: Play in new window | Download (Duration: 7:59 — 3.7MB) | Embedsubscribe to my podcast Apple Podcasts | TuneIn | RSS | Subscribe to Jonathan's Verdicts

Podcast: Play in new window | Download (Duration: 7:59 — 3.7MB) | Embed

subscribe to my podcast Apple Podcasts | TuneIn | RSS | Subscribe to Jonathan's Verdicts

Republican Tax Bills Could cost Medicare Billions

If Republicans pass either of their tax bills, Medicare and a host of other federal programs will face automatic spending cuts. Medicare would be facing a cut of 28 billion dollars in 2018.

Taxes and the Penalty for not Having Health Insurance

As a part of its tax bill, the Senate is proposing to repeal the tax penalty currently paid by people without health insurance. According to the Congressional Budget Office (CBO), repealing the penalty will save 338 billion dollars over 10 years.

Senate’s Tax Bill Lies About Debt

The latest changes to the Senate’s tax bill will dramatically increase the debt. The reason is very simple: all of the benefits promised taxpayers expire at the end of 2025.

Tax Changes for Families and Individuals

House Republicans are out with the Tax Cuts and Jobs Act.

Alternative Minimum Tax Explained

If your income is less than $200,000 there is very little chance you will pay the alternative minimum tax (AMT).

Pass Through Businesses Explained

The advantage of so-called pass-through businesses is that the profits “pass through” as taxable income to the participants. In a C-corporation, a business whose stock is publicly traded, profits are taxed up to a rate of 35 percent at the corporate level and up to 23.8 percent when they are sent to shareholders as capital… Continue reading Pass Through Businesses Explained