Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Red in Blue PA

No. You are wrong.

A tax credit can be written to offset tax liability down to zero but nothing beyond that.

You’re an idiot. I just beat your ass.


107 posted on 03/07/2017 8:06:08 AM PST by Az Joe
[ Post Reply | Private Reply | To 103 | View Replies ]


To: Az Joe

You are the only person on this thread making that argument.

So who is the idiot?


111 posted on 03/07/2017 8:17:03 AM PST by Red in Blue PA (war is peace, freedom is slavery, ignorance is strength, obama loves America)
[ Post Reply | Private Reply | To 107 | View Replies ]

To: Az Joe; Red in Blue PA

>
A tax credit can be written to offset tax liability down to zero but nothing beyond that.
>

IIRC, the ‘Earned Income Tax Credit’ (EITC) does EXACTLY the former. IRS sends a check for ‘income’ never made nor taxes paid upon.


116 posted on 03/07/2017 9:04:22 AM PST by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
[ Post Reply | Private Reply | To 107 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson