Surely the US would never do so.
Actually, there is little basis for assuming they would not and factual evidence they would. Here are three good reasons to believe they would:.........."
Is this a too-fer one post? Your comment and the IRA article deserve their own thread if there isn’t one already.
I have noticed that EITC is the original “Cash for Clunkers” program. As mentioned in the article, the typical bastard child (original meaning) payment was between $3,000 and $6,000 or the price of a used car.
Reid and Pelosi want tax increases so much?
how about starting with this?
this should be blatantly unconstitutional.
and hiding it as a “refund” is despicible.
worse, millions of ILLEGAL immigrants are getting this,
paid by legal taxpayers.
I have mentioned that exact scenario to my accountant and a financial advisor and was scoffed at. Actually I think I phrased it as the govt deciding to impose a surcharge on anyone who has been “lucky” enough (that’s how Bambi sees wealth) to accumulate any net worth.
Like, they would say, “Hey, send us 4% of your net worth and we’ll be magnanimous and not freeze all of your accounts.”
The ruling class has skillfully clouded the notion of taxes. I have a simple plan:
1. Teach High School Seniors how to fill out a 1040-EZ
2. No more automatic withholding for anything - write a check at the end of the year.
3. Accompany EIC ‘refunds’ with a letter, explaining that it is really a ‘donation’.
No. 1 takes the mystery away, and helps dumb minds understand what taxes are...and prevents them from paying a few hundred bucks at H&R Block, with a refund anticipation loan tacked on.
No. 2 will let people ‘feel it’ alot more. People will really become more aware of what they pay. As a compromise, I would accept writing a monthly check to the government, for each program (IRS, Medicaid, Soc Security, etc.).
No. 3 would educate these morons working the register at the gas station - quit bragging to each other about how big your ‘refund’ is going to be, in front of people like me. Only 56% of people pay taxes...and I swear only 56% of the people in this country are aware of this fact. The other 44% still think they pay taxes...and evil politicians like Pelosi get them riled up - why do the rich get a tax break, when I don’t?
Worst of all, they also abuse the local nonprofit food pantries. One renter moved out and left behind an entire bedroom crammed literally full of food pantry items. Other renters have left behind multiple rooms of "voucher clothing" that was worn until it became dirty and then was discarded into a heap.
This really hurts me when I think about how hard I've worked for my income and how careful and frugal my wife and I are as we provide for our family. I'm really tired of carrying the deadwood on my back.
FROM LINK:”We generally knew that 47 percent of our population pays no income taxes whatsoever. However, we didn't know, and I suspect that very few of you know, how much of your tax money is actually given to non-taxpayers — in a lump sum, to do with as they please. Like most anti-poverty programs, the Earned Income Tax Credit when enacted in 1975 was supposed to be temporary. It was visualized as a tool to lift the working poor out of poverty. It was quickly made permanent and has been modified numerous times over the ensuing 36 years. In 2004, 20 million families received $36 billion. The flower children assume that was $36 billion spent on food, shelter, and health care. We who live in the real world know it was spent on big-screen television sets, 22-inch chrome wheels, and colorful tattoos. It was widely noted last week that those living below the poverty level in the U.S. tend to own cars, TVs, computers, cells phones, enjoy air-conditioning, and own video game consoles. The free money these folks receive from you and me is not counted for poverty level calculations. The typical 1040 would show an income of between $12,000 to $18,000 for the year. It was usually accompanied by one W-2 with the income earned almost always by a female. With other refundable credits listed, a “refund” would be claimed of between $6,000 and $9,000.
And these people believe that is their money; they have a right to it. I fielded a telephone query from a woman who didn't even say hello, but blurted, “I haven't got my taxes.” For an instant I thought she meant that she didn't have enough money to pay her taxes, but I quickly realized she was talking about her “refund.”
July 25, 2011 Among the Tax-takers
Yeah, but we’re not in favor of tax hikes.
I laughed out loud when I saw it on TV.
Transition them into the workforce my ass - they are just looking to remove their “colors” to join another gang or remove a baby-daddy or baby-mama name - so they can land another layabout to make another bastard with to collect more tax dollars from.
SE Los Angeles has people all over the place from what I hear making no money, on welfare and who end up filing what is in fact false tax returns for 3-7 thousand dollars.
Yep, tax preparers that probably will vanish do this and they think this is normal to make nothing and get thousands back.
Isn’t America great?
Well, that explains the Republican tax cut message doesn't play well among large blocks of voters - taxes are something they get, not something they pay. :)
He was arrested for burning down their house (says he didn't do it, but me thinks thou (they) protestets to much)
When they got the tax check, their case was also beginning. But couldn't afford a lawyer, so went with a public defender. Of course their defender was "in cahoots with the police" and "they never had a chance" and took a plea bargain.
One interesting point is, at no point did my cousins husband ever look for a part time job to make extra money to pay for a lawyer. Never did my cousin herself, ever look for a job, to pay for a good lawyer to keep her husband out of jail.
My cousins husband requires blood pressure meds, and the jail requires them to obtain them through their sources, versus them buying them and bringing them in. Which is a lot more expensive. My cousin hasn't looked for a job in order to pay for these meds. Her 23 yr old daughter has only had a job about 9 months her entire life, and hasn't had one in 2 years. Her almost 20 yr old, just graduated HS last year, and has a part time job. Neither one can afford to buy dads meds. But they each both went and got a small tatoo last week.
My cousins husbands last payroll check just came, and she had to buy her 23 year old daughter, cigarettes and minutes for her cell phone.
Now my cousin and her husband want to claim bankruptcy so they don't have to pay any of their debts or 35k restitution for the house.
Since restitution is court mandated, I expect when my cousins husband gets out, he won't be able to "find" a job, and go on full welfare and food stamps.
P.S.
Oh I forgot. They took some of their tax money and bought ANOTHER computer (with a touch screen) for $900.
Oh yeah, they don't have any money for their property taxes.
EITC Campaign Strategy 2011
Letter from Department of Social Services:
The Goal of the EITC Campaign is to:
Cut the number of Californians who miss out on the EITC in half by 2013 by ensuring that 400,000 more Californians apply for the EITC than in 2009.
EITC 2011 Campaign Strategy - cont’d
http://www.cafoodbanks.org/EITC.html
All in all, I'd rather see my money go to the thieves running those tax refund scams than these government sponsored parasites. At least the grifter in a storefront did something to earn the money. He rented the space, hired "tax preparers", set up bank accounts, and so forth. He probably even paid taxes on the money he stole. I much prefer that sort of "honest thief" to the lazy slugs they prey upon.