With refundable credits, such as the EIC, it is possible to get money back without having paid anything in.
(Click on image for full size)
Archive for May 29th, 2010
How refunds are supposed to work…
Posted by taxguru on May 29, 2010
Posted in comix, Refunds | Comments Off on How refunds are supposed to work…
Dog bites man…
Posted by taxguru on May 29, 2010
Clinton: ‘The rich are not paying their fair share’ – Back in the “good old days” when journalism was about reporting actual news and not acting as propagandists for a political party, there was a maxim that a dog biting a man wasn’t news; but a man biting a dog is.
A life-long dyed in the wool Marxist calling for more government confiscation from the producers of the country is no more news than a statement that it’s hot during the Summer months. Real news would be when a Marxist like Clinton or her “boss” 0Bambi says something to embrace the concepts of capitalism and free enterprise.
Tax Guru - Ker$tetter Letter 