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Nerd Pride Radio The home of the Nerd Pride Radio podcast and other acts of nerdity. 2017-11-23T15:47:52-06:00 https://nerdprideradio.com/nerds/feed.php?f=5&t=1739 2017-11-23T15:47:52-06:00 2017-11-23T15:47:52-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=31765#p31765 <![CDATA[Re: Taxes]]> Statistics: Posted by Walrus — Thu Nov 23, 2017 3:47 pm


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2017-11-23T09:41:47-06:00 2017-11-23T09:41:47-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=31751#p31751 <![CDATA[Re: Taxes]]> Statistics: Posted by Phoebe — Thu Nov 23, 2017 9:41 am


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2017-11-23T06:19:41-06:00 2017-11-23T06:19:41-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=31747#p31747 <![CDATA[Re: Taxes]]> Statistics: Posted by Tahlvin — Thu Nov 23, 2017 6:19 am


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2017-11-22T17:16:49-06:00 2017-11-22T17:16:49-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=31723#p31723 <![CDATA[Re: Taxes]]> Statistics: Posted by Phoebe — Wed Nov 22, 2017 5:16 pm


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2017-11-06T19:12:54-06:00 2017-11-06T19:12:54-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30767#p30767 <![CDATA[Re: Taxes]]> Statistics: Posted by Phoebe — Mon Nov 06, 2017 7:12 pm


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2017-11-04T07:12:04-06:00 2017-11-04T07:12:04-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30669#p30669 <![CDATA[Re: Taxes]]>
401k left alone

Charitable Ded left alone

1st home Morg interest left alone if under 500K

My tax rate will drop from 28 to 25%


Statistics: Posted by Ronster — Sat Nov 04, 2017 8:12 am


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2017-11-03T23:37:08-06:00 2017-11-03T23:37:08-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30662#p30662 <![CDATA[Re: Taxes]]> Statistics: Posted by bralbovsky — Sat Nov 04, 2017 12:37 am


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2017-11-03T08:44:15-06:00 2017-11-03T08:44:15-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30630#p30630 <![CDATA[Re: Taxes]]>
Here is one example, I could get more but closed the pages. It sickens me, honestly. You'd think since 99% of people, literally, are going to be affected in an entirely different way than the other 1%, CNN writers might spend a few minutes of their day looking into that casually. Just for kicks.

Statistics: Posted by Phoebe — Fri Nov 03, 2017 9:44 am


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2017-11-03T08:28:27-06:00 2017-11-03T08:28:27-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30628#p30628 <![CDATA[Re: Taxes]]> Statistics: Posted by Mike — Fri Nov 03, 2017 9:28 am


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2017-11-03T07:06:23-06:00 2017-11-03T07:06:23-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30619#p30619 <![CDATA[Re: Taxes]]> Statistics: Posted by Phoebe — Fri Nov 03, 2017 8:06 am


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2017-11-01T15:47:47-06:00 2017-11-01T15:47:47-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30547#p30547 <![CDATA[Re: Taxes]]>
I'm waiting for them to eliminate the ROTH option for 401(k)s and IRAs. That's what most of my contributions are. That allows me to put the money in after-tax, but I pay no taxes when I take the money out down the road, while a traditional 401(k)/IRA has you put the money in before taxes, but you have to pay taxes when you take the money out, at whatever the current tax rate is at that time. And given that the money we're putting in these accounts should grow substantially before we take it out, we'll end up saving a ton of money on taxes down the road. It's only a matter of time before they decide that won't work, and that will probably be right around the time I'm ready to start taking money out of my account for retirement!

Statistics: Posted by Tahlvin — Wed Nov 01, 2017 4:47 pm


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2017-10-26T18:15:44-06:00 2017-10-26T18:15:44-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30384#p30384 <![CDATA[Re: Taxes]]> Statistics: Posted by mimekiller — Thu Oct 26, 2017 7:15 pm


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2017-10-26T14:06:20-06:00 2017-10-26T14:06:20-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30370#p30370 <![CDATA[Re: Taxes]]>
When the ACA took effect, we had the option to grandfather the non-ACA plan we were on, which we did. Now, each year when we renew, we either stay with the same insurance company we have and go with one of their non-ACA plans, or we go full ACA with either the existing or a different insurance company. We've been frustrated with a few things with our existing insurance company for a couple of years and have wanted to change. But at this point, if we switch from our existing non-ACA plan with this insurance company to the closest comparable ACA plan with another insurance company, then our premium will go up over $700 per month, PLUS we would have to pay several thousand dollars more a year in deductible and out of pocket expenses that we don't currently have to pay. So yes, we would be looking at essentially a $10-$15,000 reduction in our disposable income next year if we wanted to switch insurance companies. Needless to say, we're sticking with our existing insurance company and putting up with the few frustrating things, because that's only going to cost us an extra $100 each month above what it currently costs.

Statistics: Posted by Tahlvin — Thu Oct 26, 2017 3:06 pm


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2017-10-26T12:35:16-06:00 2017-10-26T12:35:16-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30359#p30359 <![CDATA[Re: Taxes]]>
And reading Mike's post now. I'm under the median.

Statistics: Posted by Eliahad — Thu Oct 26, 2017 1:35 pm


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2017-10-26T11:19:55-06:00 2017-10-26T11:19:55-06:00 https://nerdprideradio.com/nerds/viewtopic.php?t=1739&p=30358#p30358 <![CDATA[Re: Taxes]]>
Interesting.

As a side note to bring it back to taxes, Trump's tax plan focuses the lion's share of its tax cuts on those making between $500K and $1million. That's percentile rank 99.4 to 99.8--that is, most of the top one half of one percent of the country.

Statistics: Posted by Mike — Thu Oct 26, 2017 12:19 pm


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