I would agree if I believed they had done it purposefully. But in reality it just isn't enough cash to make the difference even for most who will get less of a "refund" the next year.
giving tax breaks with one hand
- Thread starter SmarterthanYou
- Start date
Yes, it's so clever that people get tax cuts yet because of this fuck up we still have to deal with people like you and STY talking about tax increases.
Sammy Jankis
Was it me?
So it's gonna get changed then? ARe you seriously this fucking stupid? yes. apparently.
SmarterthanYou
rebel
are the tables going to be changed? simple question. yes or no.
SmarterthanYou
rebel
sure it does. If they aren't changed, then peoples tax rate went up, thus taxes were increased.
Sammy Jankis
Was it me?
Logic is not a skill the internationlist fascist brainwash victims possess.
As I have said, you are 100% wrong on this one. People will have their taxes cut but, due to the withholding tables, may not have enough withheld from their paychecks to cover their new lower income tax liability.
For example, let's say your total income tax liability last year was $1,200 and under the IRS withholding tables you managed to have exactly that amount withheld from your paycheck at the rate of $100 per month. Come April 15, you owe the government nothing and it owes you nothing.
This year your tax liability with the tax cut is $800. With the new IRS withholding tables you have $60 withheld from your paycheck each month totaling $720 for the year. Well, that's not quite enough to cover your now lower tax liability of $800. As a result of not getting enough withheld from your paycheck each month under the new withholding tables, notwithstanding your lower tax liability than last year, you end up owing the government $80 on April 15.
Under you theory you experience a tax increase of $80, when in reality you experienced a tax cut of $400.
Get it?
SmarterthanYou
rebel
yes. I get it. the gov handed us a check and then raised our tax rate to recover some of it.
SmarterthanYou
rebel
I get that you're trying to gloss over a tax increase from last year by blaming it on a tax table fuckup while including a tax rebate check from this year as a reduction in taxes for next year.
I'll just chalk this one up to you refusing to accept your error.
On a side note, I heard that this tax increase is specifically designated for that $6 million in riot gear you posted about yesterday.
Sammy Jankis
Was it me?
OMG. You got pounded and you can't even see it. LOL. Funny.
SmarterthanYou
rebel
I've made no error, so go pound the chalk out of your erasers.
OK, let's look at the examples in the article just for fun:
See that? The worker gets a $400 credit, but because of the snafu the worker gets $400 at each job totaling $800. The extra $400 has to be paid back. But in the end the worker still gets a $400 tax cut.
Similar story here. The married couple gets a $600 tax cut but because of the snafu the couple gets $600 each, totaling $1200. The extra $600 has to be paid back, but in the end the couple still gets a tax cuts of $600.
SmarterthanYou
rebel
so the snafu is they are taking half of the 'tax cut' back, and that's NOT a tax increase?
uscitizen
Villified User
What was the defecit when /Bush too office and when he left office?
You sir are full of crap. And either lying or stupit.
You might want to look here:
http://zfacts.com/p/318.html
Or here:
[ame="http://en.wikipedia.org/wiki/United_States_public_debt"]http://en.wikipedia.org/wiki/United_States_public_debt[/ame]
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I know you like to think I am a male fairy...does it make you hot?
No one has denied the war deficit Bush created over an 8 year period. That is not a justification however for Obama to quadruple it in less than 3 mos.
The stupidity is yet again all yours dimwit
