Call me stupid, but when did other people become entitled to the fruits of my labor? Some have called it slavery and revolted. I guess we are not that bright.

Tell me what the difference is between slavery... of the old days,, vs

If you don't vol·un·tar·i·ly have over a percentage of the fruits of your labor, you get jailed, and probably raped in jail. I don't even think the slave owners of old abused disobedient slaves that much.

And where does our money stolen from us go? To pay the wages of gov workers, who hardly work, and those who don't work at all.

Excuse me if I insult anyone, but I think we are playing a fools game.

Some people on assistance get $200 a day free rehab in their home. $200 a day house cleaning service. Free transportation to and from Methadone clinics. $ to stay in school. $ to go to the dr to buy drugs so they can resell them. I've talked to upper income gov workers who say they would probably be better off on welfare.

I've known women on welfare who get their "mustache" hairs removed for free. They get free furnaces, hot water tanks, and insulation in their homes!

If I came up and took $ out of your pocket you would probably hit me.

But it seems we are so stupid, if we put a couple feigns in between the theft, call it "taxes", well... we accept that.

I'm sorry, but my dog is smarter than most of us, he fights for his bone, we........ roll over and just let anyone else have our "fruits"

Comments anyone?

For example: As self employed one can deduct as a business expense health insurance that you buy for yourself and family. However, one cannot expense actual medical costs as a business cost. Why?

If self employed you can not deduct the full cost of health insurance. You can get a credit that shows up on your 1040 but not what your premiums cost. If you are self employed you can hire your wife as an employee and put the health insurance in her name and then you can deduct the health care cost as a business expense. You could always put medical expenses on the Schedule A subject to AGI if you itemized deductions. Not much of that anymore for most.
As to taxes being deductions. State income taxes paid and real estate taxes paid have been deductions for federal taxes for decades. Now those are capped.
I was talking to my friend who is a enrolled agent and is selling his business. He works with up to 200 clients. The guy buying his firm is tickled pink as he will be able to charge about 10-20% more for the average filer just to cover the extra forms etc. My friend is glad too as this means his transaction or selling is much more likely to be successful for the new owner.

Bryce

I’m a finance professional with a masters. I completely understand what happened and a tax professional won’t change the outcome. Dollar for dollar earned, I paid a higher tax rate.

If your properties generate income, then the real estate taxes will be deductible.

For 2019 things are going to be a whole lot different. Several businesses and a church.


Two can play that game, Trump.

Why are you upset with trump and not your state legislature that is charging unreasonable high property taxes ?

Trump unilaterally changed the rules, not the state (county). Of course, the result is that both will see less revenue.