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To: GOPJ
Same thing at tax time.

Tax prep outfits on every street corner.

Sucking up those "earned income" credits

right from Uncle Sugar's mouth:

The EITC is a refundable tax credit. This means you may get money back, even if you have no tax withheld. Nationwide last year, almost 26.8 million eligible individuals and families received over $59.5 billion total in EITC.

Generally, the EITC has no effect on welfare benefits. In most cases, EITC payments will not be used to determine eligibility for Medicaid, Supplemental Security Income (SSI), supplemental nutrition assistance program (food stamps), low-income housing or most Temporary Assistance for Needy Families (TANF) payments. Though unemployment benefits are not earned income, they are taxable and thus affect the amount of EITC you can receive.

$464 with no qualifying children $3,094 with one qualifying child $5,112 with two qualifying children $5,751 with three or more qualifying children

13 posted on 07/18/2012 5:55:06 PM PDT by nascarnation
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To: nascarnation

Earned Income Credits go to people who work - I’m OK with that... The old welfare reform idea was to help people overcome dependence and helplessness. To reward them for standing on their own feet... or staring to.. Turned out the unintended consequences of welfare were destructive. Look what those liberal ideas have done to our inner cities...

Incentives to allow dignity and stop dependence are good.... Disability is going to prove to be worse than welfare for the people it traps. I don’t understand democrats - their ‘solutions’ have to do with making them feel good about themselves - not about actually helping the poor or downtrodden.

Our liberal elites are sick.


24 posted on 07/18/2012 6:39:04 PM PDT by GOPJ (Political correctness is simply George Orwell's Newspeak by a non-threatening name. FR- Bernard Marx)
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