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13M get unexpected tax bill from Obama tax credit
AP ^ | Dec 16, 2010 | STEPHEN OHLEMACHER

Posted on 12/16/2010 1:56:02 PM PST by epithermal

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To: epithermal


About 13.4 million taxpayers may be getting unexpected tax bills because
they were awarded too much money under President Barack
Obama’s Making Work Pay tax credit,...

“We control the horizontal
We control the vertical
Do not attempt to adjust your set”
(the opening from the old sci-fi series “The Outer Limits”)

It looks like we are being governed by a bunch of space aliens.
I do suspect that Nancy Pelosi is a robot.
And that’s the kindest thing I can say about her.


21 posted on 12/16/2010 2:17:56 PM PST by VOA
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To: epithermal

Eight lousy dollars a week. When people want to hold onto their own money, the liberals accuse them of being greedy, but when a liberal “gives” you something, you can bet your left eye that it will a miserly pittance. You can also guarantee that they will crow about how “generous” they are by letting you keep your own money.


22 posted on 12/16/2010 2:20:50 PM PST by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: epithermal

I told my coworkers this when it was first announced - it was not a credit, but an adjustment to withholding. We will pay it somehow, whether as normally or around April 15th.

Liberals lie.


23 posted on 12/16/2010 2:24:56 PM PST by scott7278 ( "...I have not changed Congress and how it operates the way I would have liked." BHO)
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To: Blood of Tyrants

Just wait until that $400 bill comes due for these households that didn’t plan on it. They might not have noticed $8 a week, but they will in the end!


24 posted on 12/16/2010 2:28:36 PM PST by scott7278 ( "...I have not changed Congress and how it operates the way I would have liked." BHO)
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To: scott7278

Yep! It wasn’t an $8 tax CUT. It was simply an $8 reduction in with holdings that has to be repaid!


25 posted on 12/16/2010 2:37:12 PM PST by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: epithermal

That’s why when the tax withholding changed, I immediately changed my W4 to increase the ammount that was taken out, just so I wouldn’t get hit with a tax bill come tax time.


26 posted on 12/16/2010 2:57:04 PM PST by RikaStrom (Pray for Obama - Psalm 109:8 "Let his days be few; and let another take his place of leadership.")
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To: epithermal
I need an accountant.

Then the IRS has met one of its goals.

27 posted on 12/16/2010 2:59:13 PM PST by A42G-11 (What goes here?)
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To: epithermal

Wow, seems like I remember almost all FReepers saying this would be what would happen to this so called “tax credit” which in reality was a “kick it down the road ‘till later” move.


28 posted on 12/16/2010 3:03:47 PM PST by calex59
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To: epithermal

Half of them are probably unemployed now anyway, good luck to Zero getting that money! What an idiot!


29 posted on 12/16/2010 3:36:34 PM PST by blondee123 (IMPEACH THEM ALL! FREEDOMS SLIPPING AWAY DAILY!)
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To: Mr. K
KISS THAT REFUND GOODBYE

I forgot to claim it last year on my return. The nice folks at IRS sent me the $400 shortly after I mailed in the forms..

30 posted on 12/16/2010 5:16:15 PM PST by EVO X
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To: denydenydeny

I think, after this omnibus thingy, there may be very few democrats in the next ten years.


31 posted on 12/16/2010 7:41:00 PM PST by vecchia
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To: Nachum

Ping


32 posted on 12/17/2010 8:05:07 PM PST by Jet Jaguar (WE'RE SCREWED '08)
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