dear uncle sam...

Serious Business Backup 9 replies 449 views
derek bomar's avatar
derek bomar
Posts: 3,722
Feb 23, 2010 4:54pm
stop paying people to live and I have a feeling we wouldn't be in debt

http://answers.yahoo.com/question/index?qid=20100129140427AATMI4Q
J
jmog
Posts: 6,567
Feb 23, 2010 5:00pm
derek bomar wrote: stop paying people to live and I have a feeling we wouldn't be in debt

http://answers.yahoo.com/question/index?qid=20100129140427AATMI4Q
You and I don't agree on a lot derek, but we do on this.

Don't get me wrong, I take advantage of as many tax deductions and credits as I possibly can to pay the government less, but when it gets to the point you not only get every penny back that you paid into federal taxes, but you actually get much MUCH more...is when its wrong.
j_crazy's avatar
j_crazy
Posts: 8,372
Feb 23, 2010 5:02pm
good to see the over 50K i paid in taxes in '09 going to good use.

FML.
wes_mantooth's avatar
wes_mantooth
Posts: 17,977
Feb 23, 2010 5:03pm
I do a lot of taxes for people and most of this is due to the child tax credit and earned income credit.

I have seen people pay in a total of 200 for the year and get back over 9000.
Skyhook79's avatar
Skyhook79
Posts: 5,739
Feb 23, 2010 5:06pm
derek bomar wrote: stop paying people to live and I have a feeling we wouldn't be in debt

http://answers.yahoo.com/question/index?qid=20100129140427AATMI4Q

Its a drop in a large bucket compared to the real reason this Country is in so much debt.
derek bomar's avatar
derek bomar
Posts: 3,722
Feb 23, 2010 5:21pm
I know it's not going to get us out of debt because its almost all related to defense, interest and entitilments, but jesus christ man, how can the gov't justify paying people more $ than they're paying in taxes? I don't get it. It should be capped. This is coming from someone who is dating a broke grad student who made 12k last year and is gettin it all back plus 6 hundy
David St. Hubbins's avatar
David St. Hubbins
Posts: 205
Feb 23, 2010 5:22pm
That's what happens when you substitute tax refunds for actually cutting taxes.
Writerbuckeye's avatar
Writerbuckeye
Posts: 4,745
Feb 23, 2010 5:57pm
This is also what happens when you have a government more geared to redistributing wealth, rather than having a true tax "burden" on all citizens.
majorspark's avatar
majorspark
Posts: 5,122
Feb 23, 2010 7:12pm
ccrunner609 wrote: If the people of the US would wake up and tell the IRS to go away and we use a national sales tax (consumption tax), how simple would our lives be?
The federal government will never release the firm grip they have on our testicles.