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Reload this Page 3 Child Deduction Now Down To 2 On Your 2012 Taxes (Obama, claim, income)
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Old 12-25-2012, 11:00 PM
 
Location: Upper East Side of Texas
12,498 posts, read 26,987,932 times
Reputation: 4890

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Obama is wonderful isn't he?

I'm sure this will absolutely thrill the minorites that have kids for the sake of a larger tax return at the end of the year.
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Old 12-25-2012, 11:02 PM
 
Location: Southern New Hampshire
10,048 posts, read 18,066,509 times
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Quote:
Originally Posted by Metro Matt View Post
Obama is wonderful isn't he?

I'm sure this will absolutely thrill the minorites that have kids for the sake of a larger tax return at the end of the year.
Where on earth is your evidence about all those "minorities who have kids for the sake of a larger tax return"?
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Old 12-25-2012, 11:09 PM
 
8,091 posts, read 5,909,991 times
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They will call this "compromise" and "progress" too...

Let's be real, this amounts to a drop of p*ss in the Atlantic
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Old 12-25-2012, 11:40 PM
 
Location: Jacurutu
5,299 posts, read 4,846,670 times
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Quote:
Originally Posted by Metro Matt View Post
Obama is wonderful isn't he?

I'm sure this will absolutely thrill the minorites that have kids for the sake of a larger tax return at the end of the year.
What are you talking about? EITC has been raised from two qualifying children to three. It's easier to claim exemptions on children in 2012.

Source?...
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Old 12-26-2012, 12:01 AM
 
8,091 posts, read 5,909,991 times
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Quote:
Originally Posted by IBMMuseum View Post
What are you talking about? EITC has been raised from two qualifying children to three. It's easier to claim exemptions on children in 2012.

Source?...
Yea I looked after I posted... there is nothing that points to it being reduced at all. I thought it was raised to 3 a while ago.
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Old 12-26-2012, 12:04 AM
 
Location: Upper East Side of Texas
12,498 posts, read 26,987,932 times
Reputation: 4890
Quote:
Originally Posted by IBMMuseum View Post
What are you talking about? EITC has been raised from two qualifying children to three. It's easier to claim exemptions on children in 2012.

Source?...
Earned income credit is only 2.
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Old 12-26-2012, 12:26 AM
 
Location: Jacurutu
5,299 posts, read 4,846,670 times
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Quote:
Originally Posted by Metro Matt View Post
Earned income credit is only 2.
No, the EITC cap has been raised to three children from the 2009 tax year...

EDIT: And ARRA changes will keep that in effect through the 2012 tax year...
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Old 12-26-2012, 12:36 AM
 
24,488 posts, read 41,134,517 times
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Cutting down on loopholes. It's a start.
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Old 12-26-2012, 12:39 AM
 
33,016 posts, read 27,451,622 times
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Quote:
Originally Posted by Metro Matt View Post
Obama is wonderful isn't he?

I'm sure this will absolutely thrill the minorites that have kids for the sake of a larger tax return at the end of the year.

I've heard (1) they're lazy and (2) they pop out more kids to get more tax deductions and thus larger tax refunds.

Aren't kids a lot of, um, work?
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Old 12-26-2012, 12:43 AM
 
Location: Where they serve real ale.
7,242 posts, read 7,905,875 times
Reputation: 3497
Quote:
Originally Posted by IBMMuseum View Post
What are you talking about? EITC has been raised from two qualifying children to three. It's easier to claim exemptions on children in 2012.

Source?...
Since when have facts EVER mattered to the raving RWNJs? The bigger the lie the more they like it.
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