HCH II-Specific Discussions Model Years 2006-2011

FYI: TurboTax 2007 and the Hybrid Tax Credit

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Old Feb 10, 2008 | 06:00 AM
  #21  
1stpik's Avatar
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From: Texas
Default Re: FYI: TurboTax 2007 and the Hybrid Tax Credit

That $600 won't really make the country lose money. It's just the government re-distributing money it already took from us.

I pay thousands in taxes every year, and I'm getting back $600. Others who pay NO taxes will receive more than I do because they get extra money for every kid they have. These are the same people who enjoy the Earned Income Credit -- where they pay no taxes but still receive a "refund" every year.

Welcome to the world of re-distribution!

My question is this: If $600 is will stimulate the economy, then why not make it $6,000? Or $600,000? Imagine how much I could stimulate the economy with that much money!

In other words, if Congress can boost the economy by giving us back a fraction of our own money, why not give MORE back, and avoid a recession altogether?

.
 
Old Feb 12, 2008 | 07:38 AM
  #22  
noflash's Avatar
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Default Re: FYI: TurboTax 2007 and the Hybrid Tax Credit

Because it's all BS. And this is the cheapest BS they could come up with -- $163 billion.
 
Old Feb 12, 2008 | 06:31 PM
  #23  
Bobs Metallic Pearl's Avatar
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Default Re: FYI: TurboTax 2007 and the Hybrid Tax Credit

Don't forget, when they gave us the $300, it was a ADVANCE on our next years tax refund, we, in reality, got nothing.
 
Old Feb 13, 2008 | 06:45 AM
  #24  
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Default Re: FYI: TurboTax 2007 and the Hybrid Tax Credit

Originally Posted by Bobs Metallic Pearl
Don't forget, when they gave us the $300, it was a ADVANCE on our next years tax refund, we, in reality, got nothing.
This is no advance.

Back on topic. I filed with Taxact last night and it was fairly easy -- Hybrid credit included.
 
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