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Old 04-10-2010, 04:17 PM
 
214 posts, read 130,733 times
Reputation: 60

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My friend's daughter and daughter-in-law received more than $4000 from the IRS. They paid nothing near that in taxes but the fact that they attended a junior college qualified them for "credits". I guess this is my wealth being redistributed. I can tell you that these two young women will not spend the money wisely.
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Old 04-10-2010, 04:18 PM
 
Location: Tampa (by way of Omaha)
14,561 posts, read 23,076,603 times
Reputation: 10357
Quote:
Originally Posted by hippydippyman View Post
My friend's daughter and daughter-in-law received more than $4000 from the IRS. They paid nothing near that in taxes but the fact that they attended a junior college qualified them for "credits". I guess this is my wealth being redistributed. I can tell you that these two young women will not spend the money wisely.
So what's the problem?
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Old 04-10-2010, 04:18 PM
 
Location: Houston, TX
17,029 posts, read 30,935,082 times
Reputation: 16265
Vote for a 12% flat tax for anyone making over 40k/year.
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Old 04-10-2010, 04:20 PM
 
Location: Tampa (by way of Omaha)
14,561 posts, read 23,076,603 times
Reputation: 10357
Quote:
Originally Posted by Oildog View Post
Vote for a 12% flat tax for anyone making over 40k/year.
It's going to take roughly 35% (at least) in taxes if you want a flat tax. If you set the bar at 40k a year, it'll have to go higher.
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Old 04-10-2010, 04:22 PM
 
214 posts, read 130,733 times
Reputation: 60
Quote:
Originally Posted by Bosco55David View Post
So what's the problem?
I don't think my income tax dollars should go for designer purses and shoes.
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Old 04-10-2010, 04:22 PM
 
Location: South Carolina
3,400 posts, read 8,033,469 times
Reputation: 2871
I love that tax credit...'cause it was much needed money for bills!
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Old 04-10-2010, 04:27 PM
 
Location: Tampa (by way of Omaha)
14,561 posts, read 23,076,603 times
Reputation: 10357
Quote:
Originally Posted by hippydippyman View Post
I don't think my income tax dollars should go for designer purses and shoes.
It's not YOUR money. It's money that you paid to the government for them to use in running this country.

Second, what business is it of yours what they use their refund for?
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Old 04-10-2010, 04:29 PM
 
214 posts, read 130,733 times
Reputation: 60
Quote:
Originally Posted by Bosco55David View Post
It's not YOUR money. It's money that you paid to the government for them to use in running this country.

Second, what business is it of yours what they use their refund for?
As a taxpayer who is funding the tax credits it is my business.
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Old 04-10-2010, 04:30 PM
 
Location: Tampa (by way of Omaha)
14,561 posts, read 23,076,603 times
Reputation: 10357
Quote:
Originally Posted by hippydippyman View Post
As a taxpayer who is funding the tax credits it is my business.
No it's not.
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Old 04-10-2010, 04:32 PM
 
Location: Sango, TN
24,868 posts, read 24,399,838 times
Reputation: 8672
Quote:
Originally Posted by hippydippyman View Post
My friend's daughter and daughter-in-law received more than $4000 from the IRS. They paid nothing near that in taxes but the fact that they attended a junior college qualified them for "credits". I guess this is my wealth being redistributed. I can tell you that these two young women will not spend the money wisely.
Whats wrong with trying to give those in college extra money? As long as they stay in, they'll get decent jobs, and pay in far more in taxes over the rest of their lifetime, than they ever withdrew.

As far as "I know they won't spend it wisely" thing, thats just the age old young vs. old.
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