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Author Topic: INSIDE WASHINGTON: Taxpayers to get rude surprise  (Read 2575 times)

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Offline Zathras

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INSIDE WASHINGTON: Taxpayers to get rude surprise
« on: April 30, 2009, 09:44:23 PM »
INSIDE WASHINGTON: Millions of couples, retirees may have to repay some of Obama tax credit

Stephen Ohlemacher, Associated Press Writer

On Thursday April 30, 2009, 6:55 pm EDT

WASHINGTON (AP) -- Millions of Americans enjoying their small windfall from President Barack Obama's "Making Work Pay" tax credit are in for an unpleasant surprise next spring.

The government is going to want some of that money back.

The tax credit is supposed to provide up to $400 to individuals and $800 to married couples as part of the massive economic recovery package enacted in February. Most workers started receiving the credit through small increases in their paychecks in the past month.

But new tax withholding tables issued by the IRS could cause millions of taxpayers to get hundreds of dollars more than they are entitled to under the credit, money that will have to be repaid at tax time.

LINK

Looks like some Americans are going to have to return their ponys.
« Last Edit: April 30, 2009, 09:49:04 PM by Zathras »
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Offline thundley4

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Re: INSIDE WASHINGTON: Taxpayers to get rude surprise
« Reply #1 on: April 30, 2009, 09:55:37 PM »
0Bama was in such a hurry to pass his welfare program to those who don't pay taxes, that they have ended up screwing with the finances of millions of people that do pay taxes.  Yep, that sounds about like the left to me.
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Offline SSG Snuggle Bunny

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Re: INSIDE WASHINGTON: Taxpayers to get rude surprise
« Reply #2 on: May 01, 2009, 07:05:20 AM »
Quote from: Zathras on April 30, 2009, 09:44:23 PM
Looks like some Americans are going to have to return their ponys.
Not the whole pony, just a leg or two.
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Offline DixieBelle

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Re: INSIDE WASHINGTON: Taxpayers to get rude surprise
« Reply #3 on: May 01, 2009, 07:51:06 AM »
I haven't even gotten my pony yet!!! Now I have to fork part of him back over?? Sheesh!!
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No, my friends, there’s only one really progressive idea. And that is the idea of legally limiting the power of the government. That one genuinely liberal, genuinely progressive idea — the Why in 1776, the How in 1787 — is what needs to be conserved. We need to conserve that fundamentally liberal idea. That is why we are conservatives. --Bill Whittle

Offline diesel driver

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Re: INSIDE WASHINGTON: Taxpayers to get rude surprise
« Reply #4 on: May 03, 2009, 04:23:35 PM »
Quote from: DixieBelle on May 01, 2009, 07:51:06 AM
I haven't even gotten my pony yet!!! Now I have to fork part of him back over?? Sheesh!!

Yep, it's the Democrat way....
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Offline lastparker

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Re: INSIDE WASHINGTON: Taxpayers to get rude surprise
« Reply #5 on: May 04, 2009, 02:39:50 PM »
Quote from: DixieBelle on May 01, 2009, 07:51:06 AM
I haven't even gotten my pony yet!!! Now I have to fork part of him back over?? Sheesh!!

 You have to go buy two ponies to give "back".  One for the guy in your neighborhood who smokes crack and knocks up several women a year, and one for the one you never got.  Got it?
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Offline DixieBelle

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Re: INSIDE WASHINGTON: Taxpayers to get rude surprise
« Reply #6 on: May 04, 2009, 02:58:31 PM »
Well crap! now I gotta subsidize ponies too!??!! ;-)
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I can see November 2 from my house!!!

Spread my work ethic, not my wealth.

Forget change, bring back common sense.
-------------------------------------------------

No, my friends, there’s only one really progressive idea. And that is the idea of legally limiting the power of the government. That one genuinely liberal, genuinely progressive idea — the Why in 1776, the How in 1787 — is what needs to be conserved. We need to conserve that fundamentally liberal idea. That is why we are conservatives. --Bill Whittle
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