To: Diana in Wisconsin
Welcome to the Earned Income Tax Credit. With the right mixture of young children and earnings from minimum wage jobs, the amount the IRS sends you can be much larger than any taxes you actually paid in through withholding. That is all lumped together as "Refund".
Google the phrase "refundable credit" and draw your own conclusions.
9 posted on
12/28/2014 7:44:02 AM PST by
Bernard
(The Road To Hell is not paved with good results.)
To: Bernard
I’m quittin’ my job tomorrow and getting knocked up with Quads, ASAP! ;)
I know - my question was rhetorical; I didn’t add the marker. :)
10 posted on
12/28/2014 7:46:14 AM PST by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
To: Bernard
I have a a friend who has 10.00 an hour job 3 kids gets 6,000-7,000 back
each year NO FED taxes deducted from check ALL year OBAMANOMICS
at its best!!!!!!!!
11 posted on
12/28/2014 7:56:45 AM PST by
Kit cat
(OBummer must go)
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