Today I love the IRS

[N.Bailey]

opps wrong copy job
the link nance provided was very informative

I'm leaving after this, I just happened to see it before shutting the thread down. I didn't post that link, Wendy did.


Nite all, or maybe see ya on the next thread where we'll all agree? LOL Is that possible?

 

[poohandwendy]

I guess it's a screw everyone in the middle theory?

What's new?

LOL, nothing new at all Nance...nose to the grindstone...(we would be better off if we didn't look up and notice what is going on around us)

 

[poohandwendy]

Nite Nance!

 

[Alicnwondrln]

Maybe you all don't trust Wikipedia, but I really do. Here is an article about EIC for anyone wishing to review it. NO WHERE does it mention ss or medicare. I think "poverty reducer" is a term flung around on the site.

http://en.wikipedia.org/wiki/Earned_income_tax_credit

this is the link i meant

 

[dvcgirl]

Well, my site didn't mention this at all, but even if this is true and I don't doubt you in the least, there is a far cry from $30,000 to $90,000. I guess it's a screw everyone in the middle theory?

What's new?

Well, since those who are among the top 5% as income earners in this country pay a full *50%* of *all* taxes, well, I gotta tell you that we feel a bit screwed up here too . 5% paying 50%.....95% paying the other 50%.....sounds fair to me...lol!

Nobody ever said anything about this crazy tax system being fair. It's a flawed system...no doubt.

 

[casey49781]

First of all we are all entitled to our own opinon to the tax situations,,,Not everyone agrees,,

Well lets see here this year , I worked from may til october at my job,that i have been at for 17 years as a waitress,i work 6 nites a week,we serve over 450 to 500 a night,busy,,, and yes i claim what i make,,,,,i leave that job in october and make christmas wreaths for 7 weeks ,,,they i work at HR Block for the tax season,,,plus i am a single parent with 2 kids,,,and i take care of my grandma that is 83,,,i do not get any extra help to pay my bills,,,,but i get a refund check and this year its 5500.00 but you know where it goes,, i'll tell ya, in the bank to pay for my kids house so they can have a roof over there heads,,,,,my rent is 600.00 a month and my fuel for dec was 450.00 not to mention the rest of my monthly bills,,and they are getting new beds this year with my tax money cause i worked and got a refund,,,cause the EIC credit it for working families,,,oh and i get 41.00 a month per child for child support,,,,


and for all you people who use the words ,,,,welfare payment,,,,GROW UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

For people who get more back than the taxes they paid in, EIC is (let's be honest now) a welfare payment
Exactly. Nothing but a glorified welfare check


Earned Income Credit - Sounds like: A credit given to people who earn income. When in fact, it is a credit given to people who really don't earn much income at all. Guess it's a "feel good" term.


I already stated that I have NO problem with ANYONE who is poor enough to qualify taking the refund and using it in ANY way they choose. (Although some people do) I do have a problem with them flaunting that fact in the face of those who have contributed to their windfall, rather than keeping quiet about it, then getting defensive about it when it's pointed out that this is charity, welfare, a gift, whatever you want to call money taken from one group and given to another simply because one group earns more money than another, and someone other than the giver has decided that you need it more


AND IF YOU WANT A TAX BREAK YOU CAN PUT 3000.00 AWAY IN A IRA PER YEAR PER PERSON, THATS A NICE TAX BREAK FOR EVERYONE!!!!!!!

 

[N.Bailey]

Well, since those who are among the top 5% as income earners in this country pay a full *50%* of *all* taxes, well, I gotta tell you that we feel a bit screwed up here too . 5% paying 50%.....95% paying the other 50%.....sounds fair to me...lol!

Nobody ever said anything about this crazy tax system being fair. It's a flawed system...no doubt.

Hey, I've been arguing your point all along too. I don't feel the people who make the most should carry such a massive burden.

 

[mudnuri]

I changed my mind on my purchases- you all made me see the light....instead I booked the Grand Floridian Concierge level for 6 nights 7 days in April.

Better?

fyi, the EIC wasnt a big % of my EIC..the tax I paid in was the majority and the child care tax (whatever thats called the one for daycare etc.)


nope- he doesnt live here....might stay here occasionally when i dont have the kids...but he has his own house,

my problem with the welfare system- as pointed out in another post is that people cheat the system- not those that truly deserve it...its those who lie and hide information. if you want to lay it all out on the table when you apply- then fine...but when you hide stuff, thats wrong. I didnt lie about anything, which is why fuel assistance was denied. I also put everything into tax cut correctly....

FYI- at that time, barely getting by- was what I was doing, I wont explain to you how now that is not the case, as really it's not important...but its not your tax dollars helping!

Brandy

 

[Alicnwondrln]

I changed my mind on my purchases- you all made me see the light....instead I booked the Grand Floridian Concierge level for 6 nights 7 days in April.

Better?

fyi, the EIC wasnt a big % of my EIC..the tax I paid in was the majority and the child care tax (whatever thats called the one for daycare etc.)


nope- he doesnt live here....might stay here occasionally when i dont have the kids...but he has his own house,

my problem with the welfare system- as pointed out in another post is that people cheat the system- not those that truly deserve it...its those who lie and hide information. if you want to lay it all out on the table when you apply- then fine...but when you hide stuff, thats wrong. I didnt lie about anything, which is why fuel assistance was denied. I also put everything into tax cut correctly....

FYI- at that time, barely getting by- was what I was doing, I wont explain to you how now that is not the case, as really it's not important...but its not your tax dollars helping!

Brandy

your a riot
this is your original post where you say its EIC and day care credits
quote
muhahahahahhahahahahahah

LCD tv, sectional couch, new stereo for the Passat...........

Here I come!!!

(dont bother telling me to change my withholdings....It's all EIC and child tax credit plus school credits...regardless I'm going to get this type of refund)....

we have always gotten the day care credit to last year paid almost 15,000 in daycare more than our house! I beleive it is capped though ....
if you didtn want people to judge you about the how you were spending your $ maybe you should have made your original post and left out the EIC

 

[C.Ann]

Wasn't able to get on the boards yesterday and was absolutely amazed to see that this thread is still going on and on and on..

I do have a question though - for those who feel the need to use terms that degrade people who receive the EIC (and yet are receiving it themselves because they are military families or whatever) how are you going to spend your glorified welfare check?? Does it make you feel good to be referred to in that manner?

This whole thread is pathetic and so are the people who feel the need to degrade others with such a phrase.. If the government agrees that this money should be paid out, it's no ones business how the recipient spends it until such time that the government demands it be used in a certain manner..

Sometimes the loftiness on this board is unbelievable.. If you have a problem with EIC, then take it up with your elected officials.. There's NO need to degrade people who are filing their taxes legally and receiving whatever is due to them..

 

[phorsenuf]

I agree it is nobodys business how one spends their refund (for me I am paying off bills so I can buy into DVC LOL).

But when you get someone who complains about not getting fuel assistance, posts about ski trips and weekends away and then posts about some big ticket items she intends to buy with a refund made up of EIC and child care credits, then of course people are going to be upset. Its like saying "haha, I get to buy these things with your money." It's kinda like flaunting it in my opinion.

Like someone else said, if she just said what she was buying with her refund but didn't mention that it was pretty much all EIC and child care credits, I don't think anyone would care at all.

Do I think she's being judged unfairly? I don't know. I can see both sides of the coin (no pun intended) so it's a tough one. When you feel "deprived" of not getting things you want because you can't afford them and then a bunch of money lands in your lap the temptation is there to go buy stuff. But then again I feel the "extra money" the gov't gives them should be spent or put away for neccesities. What if the car dies or oil goes thru the roof what good then is a big TV? Like I said, it's a tough one.

BTW - I've been there before. We made very little money for several years while starting a business. If it was around then (and I think maybe it was) we probably qualified and got the EIC credit. During those years tho, I don't recall any major shopping excursions. I remember being relieved when the refund came in.

 

[RadioFanatic]

5th- I do not carry any debt. The only bills that I have are monthly bills, my credit cards are paid off each month, and I no longer have car payments. I do not have anything in collections, nor do i ever plan to.

yes you do - you said in the second post you are living off school loans (along with child support) - this means you are taking more out than the school itself - you could pay off the loans with the refund or not take as much out.

I wish I was going to Grand Floridian - never could afford it.

 

[Alicnwondrln]

5th- I do not carry any debt. The only bills that I have are monthly bills, my credit cards are paid off each month, and I no longer have car payments. I do not have anything in collections, nor do i ever plan to.

yes you do - you said in the second post you are living off school loans (along with child support) - this means you are taking more out than the school itself - you could pay off the loans with the refund or not take as much out.

I wish I was going to Grand Floridian - never could afford it.

i thought that was a joke about the GF ?

 

[AdventurerKat]

We're missing three W-2s (our jobs before we left Seattle and mine here) so I can't do ours! I have estimated though. We are not getting alot back but we are getting something...its earmarked for Disney.

 

[Crankyshank]

You know what? Everyone can do whatever with their refund money. I know I personally feel better when the bulk of mine goes towards "responsible" items but that's just me. I choose not to have student loans and use my tax refund to pay for my education.

But don't complain that you're not getting ENOUGH assistance from the government when there are people paying into the gov't this April and others using a modest refund for things like tuition so they don't have to live off of student loans, a heating savings, etc... Because bottom line we all have choices to make and I really don't want to listen to complaining because one decided to splurge on a plasma tv and a souped up car stereo. and also don't complain about others taking advantage of the system because legally acquired or not, using a tax break designed to help low income families meet the basic need and buying an lcd tv is taking advantage of the system.

 

[C.Ann]

But when you get someone who complains about not getting fuel assistance, posts about ski trips and weekends away and then posts about some big ticket items she intends to buy with a refund made up of EIC and child care credits, then of course people are going to be upset. Its like saying "haha, I get to buy these things with your money." It's kinda like flaunting it in my opinion..

------------------------------------

This same subject was discussed last year at tax time and no one was "flaunting" their "huge" EIC payments (I believe mine was $16) nor were the recipients talking of big ticket purchases - yet the attitude was exactly the same.. The degradation was as plain as day and the wording was exactly the same - "glorified welfare checks".. Obviously there are some people on this board who just get a huge kick out of trying to degrade others and I think that's disgusting.. Of course it speaks to the character of those making the comments, so for those who receive the EIC for whatever reason (and in whatever amount), consider the "source" of where that lofty attitude is coming from..

Perhaps some of these people who are criticising so freely would do well to recall that phrase, "There but for the grace of God go I.." One never knows when life is going to throw them a curve ball and they're going to find themselves in the exact same position..

 

[Alicnwondrln]

------------------------------------

This same subject was discussed last year at tax time and no one was "flaunting" their "huge" EIC payments (I believe mine was $16) nor were the recipients talking of big ticket purchases - yet the attitude was exactly the same.. The degradation was as plain as day and the wording was exactly the same - "glorified welfare checks".. Obviously there are some people on this board who just get a huge kick out of trying to degrade others and I think that's disgusting.. Of course it speaks to the character of those making the comments, so for those who receive the EIC for whatever reason (and in whatever amount), consider the "source" of where that lofty attitude is coming from..

Perhaps some of these people who are criticising so freely would do well to recall that phrase, "There but for the grace of God go I.." One never knows when life is going to throw them a curve ball and they're going to find themselves in the exact same position..

well i dont feel i have degraded anyone
I have given my opinion and dont think i have been mean at all
everyone goes through a rough patch sometimes getting that extra $ could be more wisely and Im not talking about the OP i mean anyone who is living in a way they dont want could use this as a tool to help themsleves
we had a large return last year as I was on bedrest the year before
the previous 3 years we $$ ( PAID) BIG TIME
last years return went into the bank until we could get things where they needed to be and we it really helped us stay on top of things
how would you feel if i had blown it all and then applied for assistance and was living off the taxpayers
when you come on a board and talk about your HUGE refund & how your gonna blow it all then add its all EIC and child care credits what would you expect
those past posts about other things have come back to haunt this OP
as it shows she is carrying debt ( school loans) and has applied for heating assistance
its not my business what she bought but shes advertising it

 

[C.Ann]

well i dont feel i have degraded anyone
I have given my opinion and dont think i have been mean at all
everyone goes through a rough patch sometimes getting that extra $ could be more wisely and Im not talking about the OP i mean anyone who is living in a way they dont want could use this as a tool to help themsleves
we had a large return last year as I was on bedrest the year before
the previous 3 years we $$ BIG TIME
last years return went into the bank until we could get things where they needed to be and we it really helped us stay on top of things
how would you feel if i had blown it all and then applied for assistance and was living off the taxpayers
when you come on a board and talk about your HUGE refund & how your gonna blow it all then add its all EIC and child care credits what would you expect
those past posts about other things have come back to haunt this OP
as it shows she is carrying debt ( school loans) and has applied for heating assistance
its not my business what she bought but shes advertising it

-----------------------------

If you haven't degraded anyone, that's great - but that certainly isn't the history of the EIC threads that have been on this board before..

As for how one spends their money, as long as it's obtained legally, it's really no ones business.. Often you will see people post on here about numerous trips to Disney, long stays at the deluxe resorts, expensive gas-guzzling cars and then those very same people are looking for ways to "hide" money or "shift" money so their children can get tuition and grants to pay for a good portion of their college educations at some of the best colleges in the country.. That seems to be perfectly acceptable though - doesn't it?

 

[Christine]

-----------------------------

If you haven't degraded anyone, that's great - but that certainly isn't the history of the EIC threads that have been on this board before..

As for how one spends their money, as long as it's obtained legally, it's really no ones business.. Often you will see people post on here about numerous trips to Disney, long stays at the deluxe resorts, expensive gas-guzzling cars and then those very same people are looking for ways to "hide" money or "shift" money so their children can get tuition and grants to pay for a good portion of their college educations at some of the best colleges in the country.. That seems to be perfectly acceptable though - doesn't it?

Actually, no it doesn't.

And I do think that if you come to this board and complain about not getting heating assistance, going on trips, etc., and then you "brag" about your EIC "windfall" you are opening yourself up to a flame. Not just on this board, but ANYWHERE. I think if you walked into your office and told your coworkers about how you were financially hurting, couldn't pay your heat bill, and then went on trips and bought luxury items, they'd get steamed with you too.

Same with the 'rich' who come on here and flaunt their stuff and then do exactly as you said. I've seen them get flamed too, so it's not just EIC folks.

And, of course, how you spend your money is no one's business--until, again you flaunt it and how it was obtained in a "HA HA HA" sort of way.

 

[Crankyshank]

------------------------------------

This same subject was discussed last year at tax time and no one was "flaunting" their "huge" EIC payments (I believe mine was $16) nor were the recipients talking of big ticket purchases - yet the attitude was exactly the same.. The degradation was as plain as day and the wording was exactly the same - "glorified welfare checks".. Obviously there are some people on this board who just get a huge kick out of trying to degrade others and I think that's disgusting.. Of course it speaks to the character of those making the comments, so for those who receive the EIC for whatever reason (and in whatever amount), consider the "source" of where that lofty attitude is coming from..

Perhaps some of these people who are criticising so freely would do well to recall that phrase, "There but for the grace of God go I.." One never knows when life is going to throw them a curve ball and they're going to find themselves in the exact same position..

Just because you don't receive EIC doesn't mean you don't know what it's like or you're not currently going through hard times. Believe me, I'm still trying to get to where DH and I were financially 3yrs ago prior to him being laid off.
I don't see the disdain you speak of. I don't think anyone is getting a kick out of degrading others. I can only speak for myself, but I think EIC in theory is a very good thing and is very well intended. I know people on it who take advantage of it. I know people who receive EIC and use it to better themselves and their families.
However the problem I have, and it seems others as well, is when people don't use the EIC check for what it is intended to be for and then brag about it.

You think EIC recipients feel degraded because it was refered to as a welfare check? How do you think others feel when they work their butts off and make sacrifices like everyone else and either get spanked come April or use their refund on household improvements, bills, educations, etc... when they would love to be able to get a lcd or a high end stereo? and then hear how those who make so little that the gov't needs to take some of the taxpayers' money and give to them buy high end luxury items?

and if you think only the EIC people are getting people riled up here then you are either of a selective memory or you are sadly mistaken. Cheating the gov't in order to keep your cushy lifestyle isn't something I approve of - no matter how "legally" you do it.