STUMP » Articles » Sunday Ephemera: Some Taxes, Some Math, and CHRISTMAS!!!! » 17 December 2017, 17:24

I may or may not be putting up posts for the rest of the year… we’ll see.

For those who are interested in how Stu is doing, here is the most recent post. (He is the STU part of STUMP. Obviously, that leaves me the MP part… as I’m Mary Pat.)

TAXES

I have let the tax reform thing drop, as mentioned earlier, because I’m supposed to write about it for work… and I keep waiting… and waiting…. I don’t know when they’re actually going to officially pass anything, so we’ll see.

But while we wait, this site purports to calculate the individual tax change for people, approximately.

Now, I supposedly would save about $5K on my federal income taxes according to this calculator (yes, I pay a lot in taxes), even though state & local tax deductions would be gone. As I told many people, if the marginal rates came down (and the exemption/deduction replacing the itemized deductions was reasonable) then probably a lot of people, even in high-tax regimes like NY and CT, would do just fine.

But yes, those in much lower state tax regimes would probably do better. Good for them!

LOTS AND LOTS OF PRESENTS

I posted this in the Stu update, but in case you didn’t go there, here is a little Christmas math-related video I made some years ago:

Which reminds me — that cutesy-poo “cost of the 12 Days of Christmas” estimation is wrong every year…because they’re only totalling up the 12th day’s cost.

Let me recalculate:

So, the final cost was actually more like 4.5 times the original, because some fairly pricey items got given on multiple days.

It doesn’t make much of a difference when compared to 2016, mainly because most of the prices didn’t move at all. I’M SKEPTICAL.

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MERRY CHRISTMAS!

I will likely do some other posts before the end of the year, but it’s a frantic season so I figured I’d do this now….

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Enjoy!