$19,000 salary, $80 in withholdings and you get $11,000 in a tax refund? Seems fair doesn't it???Submitted by want_my_country_back on Thu, 04/16/2009 - 08:30
I was listening to Dom Giordano (local Philly talk show host) last night and this is a story from a caller who is a tax preparer. He said this story was his reason for attending the tea party.
He had a client who earned $19000 in 2008. He had $80 in federal withholdings. He also bought a house early in the year (which was foreclosed on in late 2008 (because he bought a house that was out of his price range). With all of his tax credits (including first time home buyer) he received a "refund" from the federal government of a little over $11,000. All legal mind you. Is this not the most F$#@ed up thing you've ever heard? A tax refund (welfare check) for over $11,000? I am reminded of the words of Alexis de Tocqueville, "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
I ended writing a check to Uncle Sam yesterday, because I worked my butt off at three different jobs which put me in a different tax bracket. Because, I worked hard I no longer qualified for the full amount on child tax credit or student loan deductions. This is insane!!!!!!!! Anyone else disgusted or am I over reacting??? Maybe I'm just a right wing extremist/potential terrorist.