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Many "poor" people don't pay income taxes. 30k a year to me isn't poor for a single person. That was my income when I was looking at buying a house. My deductions were 0, i claimed 0 and I had to pay in minimal at the end of the year. I couldn't afford a brand new car of course, but I was comfortable. ..
Many "poor" people that don't pay income tax are those that are actually married or have kids. They generally end up getting MORE back then what they originally put in. If you put in 3k in taxes - with a family you possibly could receive 4k back.. thus paying no income taxes.
Most people don't understand that the MORE you make the higher your tax liability is.. At 30k. your tax liability (Federal) is 15%.. at 35k your tax liability jumps to 25%.. filing single. FYI as you start to move towards the next tax bracket... .. Look to buy some property to help with your liability - unless the current admin is successfull in taking away the interest paid on mortgages.. then it won't matter in your case..
Is the "making work pay" credit on the EZ form??? That could be the OPs problem. I know it's on the 1040 form. He should file and amended return (1040X) and Schedule M to get the 400 if it wasn't on the EZ form.
If you are an adult flipping burgers then you have a problem.
I don't know, in this economy I've seen my neighbor, a U.S. Navy Vet & retiree with more then a decade of experience at the largest local ship builder, get laid off and the best job he could get was at a fast food joint. He works that and a paper route and a job at the 7-11 at night because he'd rather work then take unemployment. He's lucky his house is paid off and his kids are grown because there is no way he'd be able to pay a mortgage in this neighborhood (a relatively expensive one in coastal San Diego) if he had a mortgage like mine. I'm just happy to still have my job in geology but we've lost several of our private industry clients (mostly because laws were changed so that they didn't have to comply with clean up laws or at least could defer their costs until later) so that military/government clients have become far more important to my firm. I'm still paid very well but I have a master's degree in a hard science however even I fear what would happen if I was unemployed for an extended period of time (beyond my 6 months of savings) or if I had to accept work paying less then I currently make (which is very good but would be next to impossible for me to make in this city if I lost my job).
Does nothing to support your claim that the GOP is trying to do away with the middle class.. Try to stay focused.
You claiming something doesnt make it true.. Why dont you try to prove it?
Your own link doesnt backup your claims..
Right after you prove the GOP is trying to do away with the middle class.. I'm still waiting..
Um.. David Duke was a Democrat first
You're funny when you're backed into a corner.
And you'll deny anything that doesn't fit your version of reality. The GOP has been responsible for policies harmful to working Americans for years now. Outsourcing, economic chaos, deregulation, lax enforcement of illegal immigrant labor...
Wisconsin & The GOP’s War On The Middle Class « SpeakEasy (http://blogs.alternet.org/speakeasy/2011/02/24/wisconsin-the-gops-war-on-the-middle-class/ - broken link)
Wasnt backed into a corner, nor did anything you post support your position..
Quote:
Originally Posted by wade52
And you'll deny anything that doesn't fit your version of reality. The GOP has been responsible for policies harmful to working Americans for years now.
BZZZ wrong.. The GOP wants equal OPPORTUNITY.. if YOU arent willing to take advantage of those opportunities, dont blame the GOP..
Quote:
Originally Posted by wade52
Outsourcing,
Actually that would be Democratic policies which encourage outsourcing.. Take a business course if you dont comprehend
Quote:
Originally Posted by wade52
economic chaos
Democrats again, just look at the current economic mess. 100% caused and created by Democrats who stopped Bush from reigning in Fannie/Freddie, and the mortgage industry over a dozen times..
Quote:
Originally Posted by wade52
deregulation,
What deregulation did Bush do? We all know it was Clinton who deregulated the banking industry..
And here are Democrats opposing regulation with the GOP supporting it http://www.youtube.com/watch?v=_MGT_cSi7Rs
Quote:
Originally Posted by wade52
lax enforcement of illegal immigrant labor...
I cant believe you said that with a straight face..
I ignored your links, they are partisan bs.. Seriously, you get your news from the AFLCIO and Yahoo "answers"
Wasnt backed into a corner, nor did anything you post support your position..
BZZZ wrong.. The GOP wants equal OPPORTUNITY.. if YOU arent willing to take advantage of those opportunities, dont blame the GOP..
Actually that would be Democratic policies which encourage outsourcing.. Take a business course if you dont comprehend
Democrats again, just look at the current economic mess. 100% caused and created by Democrats who stopped Bush from reigning in Fannie/Freddie, and the mortgage industry over a dozen times..
What deregulation did Bush do? We all know it was Clinton who deregulated the banking industry..
And here are Democrats opposing regulation with the GOP supporting it
I cant believe you said that with a straight face..
I ignored your links, they are partisan bs.. Seriously, you get your news from the AFLCIO and Yahoo "answers"
Denial isn't just a river in Egypt, but it's all you've got.
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