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06-12-2011, 10:34 PM
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Status:
"US-Of-Boratistan, jumped-the-shark, call it a wrap!"
(set 6 days ago)
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Location: Brawndo-Thirst-Mutilator-Nation
21,350 posts, read 22,249,634 times
Reputation: 18749
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That's right folks, you can get a "refund" from the Federal Government even if you paid ZERO in Federal Taxes. Yes, you may qualify to get OVER 5 THOUSAND SMACKERS........and illegals are welcome too (some restrictions may apply.).
If we want to start cutting somewhere........well, this may be a logical place to start  . I mean, no wonder a majority of the people are fine with taxing the horrific, evil, murderous rich. Wow, if you are getting gravy money like this, why would you want any change.
The Earned Income Tax Credit is the largest anti-poverty program in the United States. In 2007 more than 23 million households received $47 billion EITC payments. That dwarfs traditional welfare and food stamp spending combined.
Full Article:
VDARE.com: 05/05/09 - National Data: EITC: the Federal Subsidy for Illegals and Their Employers |
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06-12-2011, 10:42 PM
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Location: Somewhere Out West
2,287 posts, read 2,472,510 times
Reputation: 1951
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A program started in 1975 by the Republican President Gerald Ford... shouldn't you have complained about out at some point in the past 35 years?
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06-12-2011, 10:43 PM
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Location: In the Redwoods
30,040 posts, read 49,973,697 times
Reputation: 22725
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It's difficult to qualify for those, as I've learned in recent years... even during the year I was mostly unemployed, only grossing (and paying taxes on) around $18,000 in CA, I did not qualify. Stupid me, for being responsible enough to not have children before I could afford them - d'oh. |
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06-12-2011, 10:45 PM
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Location: Hoboken
19,890 posts, read 18,099,000 times
Reputation: 3146
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Quote:
Originally Posted by revrandy
A program started in 1975 by the Republican President Gerald Ford... shouldn't you have complained about out at some point in the past 35 years?
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Lol, conservatives have really been silent on the subject of taxes!! |
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06-12-2011, 10:46 PM
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Location: Imaginary Figment
11,447 posts, read 13,974,078 times
Reputation: 4777
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As we constantly attack the downtrodden, our country goes down the tubes.
Just pathetic.
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06-12-2011, 11:09 PM
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Status:
"US-Of-Boratistan, jumped-the-shark, call it a wrap!"
(set 6 days ago)
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Location: Brawndo-Thirst-Mutilator-Nation
21,350 posts, read 22,249,634 times
Reputation: 18749
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Quote:
Originally Posted by revrandy
A program started in 1975 by the Republican President Gerald Ford... shouldn't you have complained about out at some point in the past 35 years?
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I really could not care less who started it......time to end it......paying refunds to people who pay no taxes is a really dumb idea....D or R  .
But.......nice job on making it a partisan issue....way to go on looking out for the good of this once fine country........nice  . |
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06-12-2011, 11:11 PM
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Status:
"US-Of-Boratistan, jumped-the-shark, call it a wrap!"
(set 6 days ago)
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Location: Brawndo-Thirst-Mutilator-Nation
21,350 posts, read 22,249,634 times
Reputation: 18749
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A failing country.........financially and in a lot of other ways.
The combination of $trillion bond fraud, dependence on inflating home equity for economic development, oversized cars, oil dependence, constant market intervention, insolvent banks,
U.S. Hurtles Toward System Failure | FINANCIAL SENSE |
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06-12-2011, 11:15 PM
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Location: SE Florida
9,367 posts, read 24,401,377 times
Reputation: 9435
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Quote:
Originally Posted by tickyul
I really could not care less who started it......time to end it......paying refunds to people who pay no taxes is a really dumb idea....D or R .
But.......nice job on making it a partisan issue....way to go on looking out for the good of this once fine country........nice . |
How do you feel about the deduction for mortgage interest paid on homesteaded property? |
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06-13-2011, 12:04 AM
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Status:
"US-Of-Boratistan, jumped-the-shark, call it a wrap!"
(set 6 days ago)
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Location: Brawndo-Thirst-Mutilator-Nation
21,350 posts, read 22,249,634 times
Reputation: 18749
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Quote:
Originally Posted by Magnolia Bloom
How do you feel about the deduction for mortgage interest paid on homesteaded property?
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Well, In my world the EITC would be gone.
Flat tax is the way to go, 10% on income with NO write-offs for ANYTHING. Also, a 10% federal tax on everything except for non-prepared food. Too much BS in the tax system, influence peddling. |
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06-13-2011, 01:23 AM
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Shouldn't we consider asking from a Property Tax Law professional?
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