http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x5153174margotb822 (1000+ posts) Fri Feb-27-09 09:48 PM
Original message
I feel weird about getting a tax refund in these economic times
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It's weird enough to me as a federal employee to get paid by the taxes I pay, and I try to have my tax deductions set up so that I owe instead of getting a refund. But, this year I'm getting (what seems like) a huge refund...almost a whole paycheck's worth. I'm single and have a well paying job, so I feel like I don't deserve a refund as much as so many people. That and our government's broke.
Well, I talked to my mom about it and she said, "Hey, it's your money, you deserve it back. Anyways, let the people who make more than $250,000 feel guilty about their tax refunds."
hehe
So, I won't give it back. I'll donate some of it, but the rest I'll go out an boost the economy with.
Of course all the DUmp tell them it is their patriotic duty to pay taxes...
Nope that is only for others.
Warren Stupidity (1000+ posts) Fri Feb-27-09 10:02 PM
Response to Original message
3. A refund was your no-interest loan to the government.
It is your money. You overpaid. They should be paying you back with interest, the same awful rates they charge you if you underpay.
Warren Stupidity (1000+ posts) Sat Feb-28-09 11:33 AM
Response to Reply #5
21. No it isn't.
You should prefer to have neither a refund or a payment. The 'interest free loan' is in the government's favor, as is the penalty interest charged to you for underpaying by too much. The only win for you is to owe nearly nothing or to be owed nothing.
Anyhow, if you understand that the refund was your money to begin with I don't quite get your angst over accepting your money back.
In other words what you say about taxes and what you believe when it is a real situation are completely opposite.
GreenTea (1000+ posts) Sat Feb-28-09 04:34 AM
Response to Reply #11
20. Yeah, BushCo sucked us, us working folks one last time before he left, taxes for
Edited on Sat Feb-28-09 04:46 AM by GreenTea
us workers this year are unbelievable.
As for the rich (under Obama & the Dems) they won't feel it till next year...Oh, how I'd so much rather be rich and and have to pay more taxes, than to be poor and pay less....But not this year, I'm paying much more!
****ing republicans!!
You earn the award for the most inane post on the thread.
Another super genius that can`t put two coherent thoughts together if their life depended on it.
TahitiNut (1000+ posts) Fri Feb-27-09 11:36 PM
Response to Original message
12. If you don't respect the value of your own labor, nobody else will.
You are compensated for the value of your labor ... and probably not enough. Respect yourself.
Until the primitives decide you have too much and are rich that is.
rainbow4321 (1000+ posts) Fri Feb-27-09 11:39 PM
Response to Original message
13. You're a better person than me....
I go back an amount equal to 3 paychecks and haven't given it a second thought...the idiots who helped our government go broke are the one's who should hang their collective heads when they get THEIR tax refund.
I'm a single mom with one kid finishing up college and another still at home in high school...I put the $$ aside and use it to supplement the months I may come up short.
In other words it is always somebody else not ME ME ME ME.
a la izquierda (1000+ posts) Fri Feb-27-09 11:52 PM
Response to Original message
14. I owe the damned state of Oklahoma
$604. My husband and I make about $40000 combined, which I realize is more than many, many people at this point--so please don't accuse me of being on a high horse. I'm not. We're getting around $500 from the feds...how we owe $600 to Oklahoma is beyond my comprehension. The state already gets more than $1500 a year from me in university fees (I'm a grad student).
Thoroughly confused, I have to go to a tax person when I return from abroad.
Take your money and do good deeds, honey. I planned on making up a neat little garden on wheels with mine refund...isn't happening now unless some tax person figures out what's wrong with my picture.
Blasphemy....you should be proud to pay those taxes.
cobalt1999 (1000+ posts) Fri Feb-27-09 11:53 PM
Response to Original message
15. Well, my wife & I combined are just over $250,000, but I don't feel guilty
So, neither should you.
GoesTo11 (1000+ posts) Sat Feb-28-09 03:11 AM
Response to Original message
19. I don't get it either
It's just us as a people giving money to ourselves, and since we're in deficit, the money we give is from money we borrowed. It's common wisdom that tax rates will go up in the next decades, and your refund is rolled into that. While people who don't have $500 spare dollars may rationally change their spending based on the refund, I can't see why people who have a lot more saved up would do much with it, any more than you would "cash" one of those fake checks from a credit card company.
What the???