Hold on..... wait for it......
“I am ah sorry. I wasn’t ah aware of this ah ah mistake. Ah I ah will make ah ah sure that ah this ah will never happen ah ah again”
(MSM: “Oh Obama, you truly are the messiah”)
With the IRS it’s situation normal........
GOOOOOOODDDD FOR THE GOP...
Imagine the shock on all those faces, they will really have OBRS
Obama Buyers Remorse Syndrome.
WOW ... Less money withheld means MORE INCOME, I guess so thus MORE Taxable income, thus more taxes next April...
WHEN FUHRER OBAMA gets done HOPING, you might wanna PRAY that you have some CHANGE left over.!!
A few bucks more per paycheck?
Cool!
And it only costs us taxpayers about 12 trillion dollars to get it.
Typical of all government programs - run by incompetents.
Even before this passed, some of us tried to explain this to the younger, Double-Income couples in the office but no one understood (or willfully chose not to research the issue). I’ve printed this article and others to have them see it in print. Come next April, they won’t be able to say they weren’t warned.
Wow, I already know the tax credit was a scam, but now they are compounding it.
I told everyone I knew when this started - “all they are changing is what they are withholding, the actual income tax owed tables are not changing” , the result is everyone will have to pay back the credit when they do thier taxes — now with the “mistake” that payback will be even more.
“The average refund was nearly $2,700 this year.”
Yeah, in my dreams. I’m self-employed. Every month I take a percentage right off the top of gross receipts and escrow it for taxes. Last year it was 40%. Despite paying estimated taxes, I still owed last month, and paid the 1st estimate for ‘09, too. This year, thanks to King Zero, I raised the percentage to 45%.
When I went out on my own and discussed estimated taxes with a colleague he said “you will be astounded at how much you have to pay in taxes. If every American had to pay taxes this way, we would never tolerate the size of government we have.”
bttt
The government is going to want some of that money back. The tax credit is supposed to provide up to $400 to individuals and $800 to married couples as part of the massive economic recovery package enacted in February. Most workers started receiving the credit through small increases in their paychecks in the past month.So what's the problem? We all voted for tax increases, right?