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Short excerpt, AP source.

But new tax withholding tables issued by the IRS could cause millions of taxpayers to get hundreds of dollars more than they are entitled to under the credit, money that will have to be repaid at tax time.

At-risk taxpayers include a broad swath of the public: married couples in which both spouses work; workers with more than one job; retirees who have federal income taxes withheld from their pension payments and Social Security recipients with jobs that provide taxable income.

Who's suprised.....?

1 posted on 04/30/2009 6:41:44 PM PDT by edpc
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To: edpc
And allowing the Bush tax cut to wither on the vine for the next year takings. Isn't the ‘scientific methodology’ of system think just awesome.
2 posted on 04/30/2009 6:44:37 PM PDT by Just mythoughts (Bama and Company are reenacting the Pharaoh as told by Moses in Genesis!!!!!)
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To: edpc

The “messiah” wouldn’t lie to the “little people,” would he? There are going to be a lot of white boys fainting next April 15th and they won’t have to go to an Obama concert to do it.


3 posted on 04/30/2009 6:47:18 PM PDT by FlingWingFlyer (http://finance.yahoo.com/news/INSIDE-WASHINGTON-Rude-apf-15091434.html/print)
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To: edpc
But the CNN beeyotch said “You're going to get a $400 rebate!”. Then monkeys flew out of her butt, and it rained ice cream cones. Right before the men in the white coats, with the butterfly nets, came and took her back to Happy Acres.

It wouldn't be a bad idea to contact your personnel department and have them put your withholding back to what it was.

Just sayin’.

4 posted on 04/30/2009 6:48:45 PM PDT by ChicagahAl (Don't blame me. I voted for Sarah.)
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To: edpc

So whats to be done?


7 posted on 04/30/2009 7:15:39 PM PDT by swmobuffalo ("We didn't seek the approval of Code Pink and MoveOn.org before deciding what to do")
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To: edpc

I suspected as much so I increased my bi-weekly withholding by $50 bi-weekly!

It hurts, but I need to make money work for ME!

BTW...I’m not the only one!


9 posted on 04/30/2009 7:22:47 PM PDT by Randy Larsen ( BTW, If I offend you! Please let me know, I may want to offend you again!)
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To: edpc

IMHO when people figure out at the end of next January that their tax return is going to be much smaller than it normally is there is going to be great screaming. Lots of people spend their returns before they get them and next year they will not be able to pay off what they have already bought.


10 posted on 04/30/2009 7:25:04 PM PDT by chris_bdba
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To: edpc
So what do we, the people, do now? http://pushbackuntil.com. We need hundreds of thousands - if not a million - people in D.C. at several yearly events over the next 5-10 years. Because if we do not keep at it, we will all revert to the status quo. And Congress will continue to ignore we, the people. We can no longer trust Congress with the future of our country. Period.

Be in D.C. to Push Back Until!

12 posted on 04/30/2009 7:34:22 PM PDT by DennisR (Look around - God gives countless, indisputable clues that He does, indeed, exist.)
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To: edpc

maybe this is a bad thing to say, but I am going to anyway.
GOOD I AM GLAD!

Maybe the sheeple will wake up just in time after April 15 and remember long enough through September to vote these people out of the congress and senate who voted for this mess. ALL OF THEM.

All we have to do is get some real conservatives to run a decent campaign and it could be a landslide against the thieves in congress who are raping the country.


13 posted on 04/30/2009 7:36:17 PM PDT by Munz ("We're all here for you OK? It's a circle of love" Rham Emanuel)
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To: edpc

People here on FR have been saying this since the beginning. Obama’s “tax cuts” are NOT tax cuts. At my liberal workplace, I ask friends if Obama has cut their tax rates...they admit that he has not....then I remind them that they’ll be paying more next spring.

One guy went and had more money withheld when he realized he’d been duped. Of course, he still loves Obama.


18 posted on 04/30/2009 9:05:23 PM PDT by t2buckeye
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To: edpc

Many of us have been saying this since Obama lied about a ‘tax cut’ for 95%!

******

A married couple with a combined income of $50,000 is eligible for an $800 credit. However, if both spouses work and make more than $13,000, the new withholding tables give them each a $600 boost — for a total of $1,200.


21 posted on 04/30/2009 10:25:27 PM PDT by kcvl
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To: edpc

wow. didn’t see that coming.../s/


23 posted on 05/01/2009 5:38:49 AM PDT by TADSLOS (God Bless Texas- where freedom still has a chance.)
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To: edpc

bttt


24 posted on 05/01/2009 11:08:21 AM PDT by Recovering_Democrat (I'm SO glad I no longer belong to the party of Dependence on Government!)
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