Certified public accountant Dan Geltrude explains on ‘Your World.’

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34 Comments

Nie-chan · December 29, 2017 at 10:25 pm

I'm worried about 2019.

Mike Fournier · December 29, 2017 at 10:25 pm

IT MEANS WHEN THESE CORRUPT SWAMP PEOPLE FINALLY WRITE AND PASS OUR NEW HEALTHCARE BILL ,WE WILL COINCIDENTLY BE TAXED ENOUGH TO DEDUCT THE SAME AMOUNT OUT OF OUR CHECKS THAT THE NEW TAX CUT PUT IN THERE …IT WILL BE A WASH…SMOKE AND MIRRORS …SEE THIS IS ONLY A STIMULUS CHECK FOR ONE OR TWO TIMES …THE TAX PAYERS WILL NOT GET EXTRA MONEY AS OUR HEALTHCARE TAXES WILL GO TO THE GOVT . AS WELL SEE …TRUMP GIVETH AND TRUMP TAKETH AWAY ???? SEE THEN WE WILL GO BACK TO BUSINESS AS USUAL …WHIPPING OUT OUR CREDIT CARDS AND KEEPING THE CREDIT CARD COMPANIES AND BANKS RICH …AS IF WE HAD MORE ""CASH"" WE WOULD STOP SPENDING WHEN IT WAS GONE !!!!
DON'T WORRY BUSINESSES …YOU WILL STILL SELL ALL YOUR GOODS … THE TAX PAYERS IN THE MIDDLE CLASS WILL JUST KEEP RUNNING UP THE CREDIT CARD AND LOAN DEBT …AS DEBT IS HOW OUR COUNTRY OPERATES ???? RIGHT ??? THEN HOW COME TRUMP CAMPAIGNED ON BASHING OBAMA'S 20 TRILLION DOLLARS OF NATIONAL DEBT AND THEN HE,AND SCHUMER AND PELOSI ,RAISED OUR DEBT LIMIT ????? ISN'T THAT THE SAME AS BUSH SAYING …""READ MY LIPS, NO NEW TAXES "" ????????.
THE ONLY WAY THIS TAX CUT AND REFORM COULD HAVE TRULEY WORKED "" LONG TERM"" IS TO CURB GOVT. WASTEFUL SPENDING AND PROGRAMS A,D GIVE THE MIDDLE CLASS AS MUCH OF THEIR MONEY BACK AS POSSIBLE ,STOP GIVING LOWER INCOME PEOPLE CREDIT TO ""BE CONSUMERS"" BEYOND THEIR MEANS ….THEY JUST FILE BANKRUPTCY AND WE PAY THE COSTS !!!!!

Brian M · December 29, 2017 at 10:25 pm

I'm not sure this guy is right. CBS made some calculations on different income level people and ALL were better off, including a middle class income Californian family with kids who were$13,000 better off. You should see the surprised smiles on their faces… Here is the report. https://youtu.be/6S6X2rxfag0

daUser666 · December 29, 2017 at 10:25 pm

During a lull in conversation at a White House dinner, Melania Trump leaned over to Secretary of State Rex Tillerson, and said,

“I bought Donald a parrot for his birthday. That bird is so smart, Donald has already taught him to say over two-hundred words!”

“Very impressive,” said Tillerson, “but you realize he just speaks the words. He doesn’t really understand what they all mean.”

“Oh, I know,” replied Melania, “but neither does the parrot.”

Pelicans Thanks for the Trade · December 29, 2017 at 10:25 pm

So what’s gonna happen to the welfare’s & ebt Cards?

X-Files A · December 29, 2017 at 10:25 pm

Believe in Jesus Christ and you shall have everlasting life! Jesus loves you!
Get a king james bible and believe.
Read Matthew.

Dr. Amp · December 29, 2017 at 10:25 pm

state and local taxes; that's on YOU folks. YOU elected the liberals that put those taxes in place. It's not us to subsidize the Federal Government so that YOU can reap the rewards.
Oh and this guy, well what he's saying is quite disputed by evidence actually. watch what this CPA has to say in this failed CBS attempt to crush the tax bill narrative:

https://youtu.be/N3OG5zL51Bg

medcomstar · December 29, 2017 at 10:25 pm

Hahaha. Keep drinking the cool aid.. if you believe these tax cuts will help the middle class then you are a fool.

Will Will · December 29, 2017 at 10:25 pm

EXCELLENT JOB PRESIDENT TRUMP….
PRESIDENT TRUMP IS THE LIGHT HOUSE IN THE WHITE HOUSE..
GOD IS OUR MIGHTY SHIELD..

Steel Here · December 29, 2017 at 10:25 pm

I'm going to buy myself a four-wheeler with my extra money. Happy trails everyone.

James Walker · December 29, 2017 at 10:25 pm

Happy Holidays.🎄😎🎄

afrose71 · December 29, 2017 at 10:25 pm

Not a damn thing if you make less than six figures. Any working class Drumpf supporter who's still celebrating this "win" hasn't bothered to research the new tax charts. Only a small percentage in this bracket will even get a cut — and it will be a few hundred dollars at most. The biggest cuts, and the largest percentage receiving cuts, are reserved for the higher-earning brackets. The GOP continues to lie to our faces. What else is new?

Noob Sims · December 29, 2017 at 10:25 pm

Quit bitching about the goddamned rich and their taxes and focus on yourselves you bunch of pussies! We're personally not going to be taxed for up to $64K in our house, and we legally do not even make that! Give it time, you bunch of non-economics understanding bitches. Damn.

Dewey Overholt · December 29, 2017 at 10:25 pm

If President Trump gets hillary and obama locked up, he will have his face added to Mt. Rushmore within a month. He is already the greatest President in the past 30 years.

Popular Culture TV · December 29, 2017 at 10:25 pm

What they really should do is give a significant raise to retired people on Social Security. What happens every year is they get a small raise, sometimes, if they are lucky. But the small raise they get is NEVER enough to keep up with increasing MEDICARE monthly expenses, so even though they usually get a yearly raise, they STILL end up with less money each year because of the increasing costs of Medicare which are always higher then the small cost of living adjustments Social Security recipients receive. Some older retired people also have a pension so they view their Social Security check as extra money and they are not too worried about it's yearly small decreases. However, millions of older retired people DO NOT have a pension and they are too old to work and they can't afford to have any decreases in their Social Security retirement. As their Social Security check gets smaller each year, they are slipping into poverty.

morenaje23 · December 29, 2017 at 10:25 pm

In NY & CA, y'all fucks keep electing democrats, that's why we don't get as much of a cut as the rest, accept something different.

Joel Spring · December 29, 2017 at 10:25 pm

This was not a perfect bill and even I had some criticisms of this bill. However, I believe this bill will ease the tax burden on most Americans and I strongly believe it will make us more competitive in the Global market. Overall, I believe this new tax code will benefit the hard working man and woman of America.

Lee Texas · December 29, 2017 at 10:25 pm

Not a thing if your living on a small pension and social security.  But, guess it wasn't meant for us old folks. 
I sure would like to see at least enough of a raise in those two sources of income to at least break even for all the medical insurance coverages that raise their prices from 7 to 11%  ANNUALLY !!
God Bless and Merry Christmas to all

It's Mueller Time · December 29, 2017 at 10:25 pm

Everything changes in November. ..But hopefully sooner, by way of Robert Mueller.

B M**se · December 29, 2017 at 10:25 pm

blah-blah-blah-blah-blah…

David Starr · December 29, 2017 at 10:25 pm

How about the "Alternative Nothing Tax". This Socialistic progressive tax code still allows the federal government to control our lives and steal the fruits of our labor. Abolish the scourge of Marxism.

poodle dog · December 29, 2017 at 10:25 pm

You haven't even given it a chance yet just because you're from New York you think the worst of it

cuekwe Jones · December 29, 2017 at 10:25 pm

What about the $trillion that's going to the ultra wealthy (including Trump and his cronies) and big corporations, and which will doubtlessly be paid for by cutting entitlements (e.g., Social Security, Medicare, Medicaid), and that corporate CEOs have already confessed will not likely be reinvested in expansion, job growth, wage increases, etc.? And what about those tax loopholes that Trump repeatedly promised to close, yet which he didn't (because he benefits personally)? And what happened to the simplification (3 brackets instead of 7)?

Freddy Travale · December 29, 2017 at 10:25 pm

TRUMP AND HIS MINIONS SUCK BIG NIGGER DICKS AND FOX INVENTED FAKE ASS NEWS

capnumericka · December 29, 2017 at 10:25 pm

Hey retard. If you just lower the tax rate to a flat 10%, you don’t need stupid deductions!! Where the hell did you find this moron. Just because you’re a CEO and have money does not make you wise. Maybe money intelligence. But that’s it. When you die, we all have zero. So what’s more important? Bickering over taxes or worrying about your soul. And yes. Like the comment below mine. This is a very positive move in the right direction. That’s the takeaway from all this. But this asswipe gets his 15min of fame to whine and moan about stupid shit.

Ascension5dEarth · December 29, 2017 at 10:25 pm

Thank you Trump and Republicans. Fuck you Democrats.

Blade BlazerLazer · December 29, 2017 at 10:25 pm

I am an illegal drug dealer who is upset because Trump's new taxes will not be affecting my black market business. I am also worried about my smugglers being able to make it through the border ☹️

rick grimes · December 29, 2017 at 10:25 pm

Tax Cuts will mean an extra $1,80.00 dollars for me… but, I do believe the Tax Cuts will mean a lot more for a lot more people in need then me. These Tax Cuts will, no doubt, produce many new jobs for people who do not have o job now… Thank You President Trump !

IonlyRob White420Dealers · December 29, 2017 at 10:25 pm

Fox News ran 10+ stories om the Mexican who beat the Murder Charge but not 1 story on the Nazi who killed his gf parents or those racist who are on trail for murder and want a pro Trump Jury. Fox News =North Korean Station

leon singleton · December 29, 2017 at 10:25 pm

It means the Goddamn democrats don't get all my money to throw down a rat hole.

Savio Corremans · December 29, 2017 at 10:25 pm

Why is there no fox news report on how jeff sessions destroys laws that protect disabled people?
Smoke and mirrors

Recordbreaker14 · December 29, 2017 at 10:25 pm

TRUMP has done more things in one year when compared with that anti white Pro Sharia worshiping Barry. MAGA TRUMP Putin

dAn · December 29, 2017 at 10:25 pm

Democrats

forfeited the chance to participate on the tax with the Trump administration and the coastal states are facing the consequence of the negligence of the left.

ThrummerOfLove · December 29, 2017 at 10:25 pm

This,is a very positive thing.

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