Tax on 'tax credit'!!!!??????

http://news.yahoo.com/s/ap/20091116/ap_on_bi_...

The shell game startes to unravel!!!!!!!!!!

They forgot one!!!! " Taxpayers are at risk if they have more than one job, are married and both spouses work, or receive Social Security benefits while also earning taxable wages, according to a report Monday by the Treasury Department's inspector general for tax administration." the one they forgot was, exhale.

Cabin wrote:

http://news.yahoo.com/s/ap/200 91116/ap_on_bi_ge/us_tax_credi t_pickle;_ylt=Al5SAsFWculfH4Wp WCKUJfmyFz4D;_ylu=X3oDMTJta2xw cnQ1BGFzc2V0A2FwLzIwMDkxMTE2L3 VzX3RheF9jcmVkaXRfcGlja2xlBGNw b3MDMwRwb3MDMTIEc2VjA3luX3RvcF 9zdG9yeQRzbGsDbWlsbGlvbnN3aWxs
The shell game startes to unravel!!!!!!!!!!

"The shell game startes to unravel!!!!!!!!!!"

I still don't understand Californias 10% payroll tax, to be given back as a tax credit in April. Would'nt that credit be taken from the years budget?

Gringo1 wrote:

"The shell game startes to unravel!!!!!!!!!!"
I still don't understand Californias 10% payroll tax, to be given back as a tax credit in April. Would'nt that credit be taken from the years budget?

Yeah, but I believe they are hoping that the economy will improve a little in the next 6 months, and that they'll make enough in taxes to be able to pay it back.

LMAO, we both upped our amount withheld so as not to get caught short. Average Americans are such rubes, they actually believe what Washington spouts out and the media repeats like it's gospel or something...
The best education I ever received was the two summers in High School traveling with a circus, man, they taught me all the angles..

RebeccaDogLover wrote:

<quoted text>
Yeah, but I believe they are hoping that the economy will improve a little in the next 6 months, and that they'll make enough in taxes to be able to pay it back.

That's a pretty big gamble. Pretty much what I thought, But gambling with the taxpayers money?
That is that much less in a paycheck, so less to spend and stimulate economic recovery.

My sentiments exactly. while I never traveled with a circus man I've hung with a few clowns who knew their way around town.

fistv wrote:

LMAO, we both upped our amount withheld so as not to get caught short. Average Americans are such rubes, they actually believe what Washington spouts out and the media repeats like it's gospel or something...
The best education I ever received was the two summers in High School traveling with a circus, man, they taught me all the angles..

VinMan wrote:

My sentiments exactly. while I never traveled with a circus man I've hung with a few clowns who knew their way around town.<quoted text>

OUCH!

I wondered who would be the first with a clown joke!!!!!!!!!!

;-)))))))))