OK, so I went over our projected 2017 return and plugged the number for 2018

[question everything]

and... we will owe about $300 less in taxes. Nice, but I wish this went to help uninsured people.

Just read this explanation, for retirees:

Congress also decided to keep the “additional standard deduction” for people age 65 and over in the new law. It will be $1,600 for singles and $1,300 for each spouse in a married couple in 2018, which is what it was going to be for 2018 in the old law.

The personal exemption, which would be $4,150 in 2018, also is being repealed.

The bottom line: Say John and Margaret are a married couple, ages 67 and 65, with no children at home. Under the prior law for 2018, they would get a standard deduction of $13,000, additional deductions of $2,600, and personal exemptions totaling $8,300. Total: $23,900.

Under the new law, John and Margaret will get a standard deduction of $24,000 plus an additional standard deduction of $2,600, for a total of $26,600—or $2,700 more.

Our itemized deductions would have been around $26,000 so, it seems we will take the standard. But, of course, a lot may change by the time April 2019 comes around..

[pangaia]

1. Of course when you lose your SS and Medicare,

and food prices skyrocket. and water becomes a privatized consumer product, and, and , and..

those numbers may change


Then the money to get bailed out of jail after being beaten and arrested for complaining at a town Board meeting about the loss of bicycle paths along Main St......

I'm on your side, don;t worry....

[question everything]

2. When Ryan wants so much to "tackle" social security and medicare

I wonder how his mother is making a living. I think that his father died when he was young but what about his mother? Uncles and Aunts? Don't they depend on these "entitlements?"

[pangaia]

3. I doubt he would give a shit.

[AJT]

4. The changes to social security and medicare will probably

be for people under 55.......the GOP knows that a majority older people are republicans and they won't want to piss them off.

[pangaia]

5. You know, I really wonder if they CARE what anybody thinks.

All they have to do is fix the elections, or hell, just cancel them.

problem solved.

[question everything]

6. Yes. I think that there are many retirees in TN so the turtle so far is saying

he is not tackling SS and Medicare.

[pangaia]

8. hummmmm....

I hope that is the case

[pangaia]

7. On further thought.

medicare IS for people over 65.
And they ARE going after that regardless of for whom they voted.

Which I would think means they also don't give a shit about SS for those over 65.

[BSdetect]

9. And you pay road tolls etc etc