To: WeatherGuy
My cousin and her husband made so little, that after standard exemptions and other itemized deductions they paid VIRTUALLY no fed income tax. After the EITC, they netted about $5k.
Which is more than they paid into FICA.
21 posted on
08/08/2011 1:22:21 PM PDT by
mountn man
(The pleasure you get from life, is equal to the attitude you put into it.)
To: mountn man
I know folks in the same boat. Absolutely infuriating.
34 posted on
08/08/2011 2:03:09 PM PDT by
petercooper
(2012 - Purge more RINO's.)
To: mountn man
"After the EITC, they netted about $5k.""Which is more than they paid into FICA."
The people who track these statistics should take the refundable tax credits into account and figure out what percentage of people actually pay no total taxes.
47 posted on
08/08/2011 3:56:57 PM PDT by
magellan
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