Just finished our tax returns

ChesusRice

Well-Known Member
On close to a 100k gross income we got back 650 from the feds and 1500 from our state

The reason we got back anything and didnt owe taxes was the Mortgage interest deduction

One of those tax deductions the Republicans were talking about eliminating last year.

Wouldnt affect them at all but makes a huge difference if you are middle class
 

neosapien

Well-Known Member
Wasn't really meant for something as small as yours but still any over is over. I know someone who pays in about $3k and gets back over $10k and all kinds of monthly assistance. That just doesn't seem right o me.
I'm no CPA but I've been doing my own taxes for 10 years now and am not sure how getting $7000 surplus back is even possible. There are only a`limited number of refundable credits available. I think he's lying or something. We basically got a surplus because I qualified for the Earned Income Credit.
 

neosapien

Well-Known Member
This is the first year we qualified for it. With my wife being unable to work the last couple months due to a baby in her belly.
 

Rob Roy

Well-Known Member
Our effective tax was -0.68%. The wife and I paid in $4088 and got refunded $4347. Damn you Obama!!!!

Wouldn't it have made more sense for you to keep your money in the first place and not accept the additional stolen $259 ?
 

Rob Roy

Well-Known Member
Wasn't really meant for something as small as yours but still any over is over. I know someone who pays in about $3k and gets back over $10k and all kinds of monthly assistance. That just doesn't seem right o me.
What is "right" has nothing to do with it and never did. Involuntary transfers of other peoples labor and property is the business model of government....it's the same one the mafia uses, at least the mafia is honest about their motives.
 

Rob Roy

Well-Known Member
he thinks all income tax is theft and that you were coerced at the point of a gun to sign your W4.
...and Uncle Buck believes that other people can make extortive (sic) decisions for you and it magically becomes a voluntary act of your giving consent.
 

Flaming Pie

Well-Known Member
I owed the feds 68 dollars and got 720 from the state.

It is what it is.

And next year it is 932 from feds. Cus I be preggers.
 

Rob Roy

Well-Known Member
I owed the feds 68 dollars and got 720 from the state.

It is what it is.

And next year it is 932 from feds. Cus I be preggers.
How can an obligation (your owing the feds) be created unless you agreed to the terms ? Where did and how did the state get the money to erm "give" to you?
 

Flaming Pie

Well-Known Member
It is what it is. If you don't like it, elect congressmen who will change the tax code. Good luck with that.
 

Rob Roy

Well-Known Member
It is what it is. If you don't like it, elect congressmen who will change the tax code. Good luck with that.

Legalizing an action doesn't grant it morality, nor does making something illegal give an action morality or immorality. If I don't like something, I try not to interact with it. We're free to do that right?
 

ChesusRice

Well-Known Member
Legalizing an action doesn't grant it morality, nor does making something illegal give an action morality or immorality. If I don't like something, I try not to interact with it. We're free to do that right?
Shut your bleeding pussy mouth and move someplace better
 
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