FYI: TurboTax 2007 and the Hybrid Tax Credit
#21
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?
.
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?
.
#24
Re: FYI: TurboTax 2007 and the Hybrid Tax Credit
Back on topic. I filed with Taxact last night and it was fairly easy -- Hybrid credit included.
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