Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
That's reduced withholding tax. It can hurt you if you have income from other than your salary though.
Not really. Now if your income from other sources puts you over that limit then the tax credit will either get reduced or taken away, but you are still seeing either a reduction in taxes or no increase in taxes.
ok people if you're going to brand yourselves as in favor of reducing the deficit, you can't talk about not letting these expire at the same time kthx.
Sure you can.
Cut spending.
I will pay $72,000 more in taxes when the Bush tax cuts expire. I wonder how many more bums with diametrically opposed views that will support?
Cut which spending? Spending now outstrips income by a 2 to 1 margin. There is no way out without tax increases and spending cuts. Republicans understand one half of that, but don't really get the other.
Cut which spending? Spending now outstrips income by a 2 to 1 margin. There is no way out without tax increases and spending cuts. Republicans understand one half of that, but don't really get the other.
For everyone's sake, can we please restore divided government in November? Either party when in control steals our money for their friends. Split up the power, let 'em fight instead of steal. Who knows, maybe they will even work together--it could happen. It happened before.
What is the average household income in the US? $50-60k? But on message boards everybody makes mid-6 figures.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.