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Old 10-11-2011, 01:25 PM  
12clicks
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Join Date: Jan 2001
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Posts: 19,801
Quote:
Originally Posted by ReGGs View Post
You repeat this over and over again yet it doesn't make it any more true. Just more faux news spin. You are talking about federal taxes. And if you want someone to blame for that blame Nixon the EITC.

"47 percent of households are owed more in federal help than they pay in federal income tax. But it's not because they don't owe federal income tax. It's because they're owed other money that runs through the tax code. Example: Earned Income Tax Credit....The result isn't that you don't owe anything in federal income taxes, but that your income tax liability is wiped out by your EITC check. The critics of the tax code don't seem(want) to know this"
hahahaha, yes the government hands out more money to them than their tax liability.
Thats called "paying no income tax" in intelligent circles.
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