PERSONAL EXEMPTION: $4,850 per dependent member of the household. I have two children, so that's 4 exemptions. 4*4850 = $19,400
STANDARD DEDUCTION: $12,700 for a married couple filing jointly in FY 2017. $24,000 for a married couple filing jointly in FY 2018.
$24,000 - ($19,400 + $12,700) = $24,000 - $32,100 = -$8,100. That $8,100 HIGHER AGI in FY 2018, despite my income not increasing by one cent.
Additionally, the Child Care Tax Credit, which is a non-refundable credit for 20-35% of allowable childcare expenses (up to $3,000 is allowable), was REPEALED. I have two young children in daycare, and paid over $12,000 in childcare expenses last year. That would be an additional $1,200 credit for me.
I'll wait for your retraction.We are in agreement. Trump was duly elected under the law. I never said otherwise.
YOU made a claim about him having popular policies, and people like what he is doing, just not what he says. Given you specifically raised the question of his popularity, whether or not he was popularly elected is relevant to the discussion.
I am not going to engage you on this point any further. As I said in my last post, there is no productive discussion to be had here.
I thought polls didn't matter? Only facts matter? That is what you said, right?Oh look, it is what you said.