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To: South40

“Nonparents should pay higher taxes so that lower- and middle-income parents can receive a much-deserved tax break. That’s the proposal of conservative Slate.com columnist Reihan Salam.”

Lower and middle income parents already pay less. How about dependent deductions, child care credits, and the best of all the earned income credit. For households qualifying these can add up to $8,000 ~ $10,000 of tax returns. Not only do many of these folks not pay any net federal taxes (50% don’t) about half of those 50% actually pay net negative taxes! meaning as an example if FICA withholdings should be $2,000 an individual meeting the right criteria could receive back after filing an IRS check for perhaps $10,000 or more. Not bad, huh?


21 posted on 04/14/2014 4:12:11 AM PDT by snoringbear (E.oGovernment is the Pimp,)
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To: snoringbear

Flat tax-with no REfunds going to people who didn’t fund it in the first place. Why they give refunds who didn’t pay any taxes in the first place is insane.


26 posted on 04/14/2014 5:05:39 AM PDT by growingpains
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