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It MIGHT be possible with the EIC, but in practice few people get more than they paid. Joel Send a noteboard - 04/09/2009 03:43:36 AM
I'm only about 80% sure about that though, so feel free to correct me if you know otherwise.

Even when I received it it was because I only started working in September of the year in question, and I got within about $4 of the maximum amount, which was about $350. I'd have to look, but even after we ignore SS and Medicare payments, if they didn't deduct $350 in taxes for four months of full time work, it was pretty close.
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For Europeans who don't understand why Americans are against ObamaCare Tom - 03/09/2009 04:24:35 AM 1153 Views
I'd be happy to tax top "earners" more and suffer Europes economic "collapse. " Joel - 03/09/2009 04:30:31 AM 626 Views
The US will never work with socialism. Tom - 03/09/2009 04:40:21 AM 712 Views
Re: The US will never work with socialism. Joel - 03/09/2009 04:58:47 AM 702 Views
I don't think the mistrust of the government is really all that overblown Brian - 03/09/2009 05:04:34 AM 621 Views
It's advanced beyond what it was during the Revolution, I think. Joel - 03/09/2009 05:18:22 AM 662 Views
I would say it's grown with the government Brian - 03/09/2009 05:23:52 AM 649 Views
The key is that government shouldn't be heavily involved in personal lives. Joel - 03/09/2009 05:58:39 AM 669 Views
Re: I don't think the mistrust of the government is really all that overblown Kylia Skydancer - 04/09/2009 03:30:23 AM 587 Views
If I lived in France I wouldn't trust the Government either. Brian - 04/09/2009 03:44:55 AM 639 Views
*laughs* the point is taken. *NM* Kylia Skydancer - 04/09/2009 04:24:07 AM 435 Views
Re: The US will never work with socialism. Kylia Skydancer - 04/09/2009 03:28:24 AM 747 Views
How much more can we really tax the wealthy?? Brian - 03/09/2009 04:41:14 AM 551 Views
Sadly, I think going back to the Clinton rates would help Tom - 03/09/2009 04:42:54 AM 535 Views
I'm ok with that....not super excited....but ok with it Brian - 03/09/2009 04:57:32 AM 544 Views
A lot; before Reagans "reforms" we already taxed them less than any other industrialized state did. Joel - 03/09/2009 05:06:00 AM 667 Views
I'm in the lower-middle class tax bracket Brian - 03/09/2009 05:13:39 AM 591 Views
It's both, IMHO. Joel - 03/09/2009 05:29:41 AM 509 Views
I hear a lot of socialism coming from you..... trzaska2000 - 03/09/2009 05:19:08 AM 532 Views
Re: I hear a lot of socialism coming from you..... Joel - 03/09/2009 05:40:32 AM 618 Views
Nice non-answer answer..... trzaska2000 - 03/09/2009 05:52:04 AM 627 Views
You want detailed answers that require detailed data I don't have. Joel - 03/09/2009 06:06:55 AM 683 Views
Here are some facts and analyses..... trzaska2000 - 03/09/2009 02:40:22 PM 706 Views
The Heritage Foundation, huh? Joel - 03/09/2009 03:01:17 PM 735 Views
The non-working wealthy? Please quantify..... trzaska2000 - 03/09/2009 03:31:58 PM 719 Views
So you accept the CBOs assessment the House healthcare bill will be $1 trillion over the next decade Joel - 04/09/2009 03:02:13 AM 611 Views
Wow, that was one of the dumbest posts I have ever read..... trzaska2000 - 05/09/2009 05:42:45 AM 656 Views
So you're saying you DON'T proofread...? Joel - 05/09/2009 05:59:49 AM 773 Views
Paris Hilton? Kylia Skydancer - 04/09/2009 03:43:19 AM 610 Views
You're so full of shit on this issue I don't know where to begin. Tom - 04/09/2009 03:15:55 AM 700 Views
Re: You're so full of shit on this issue I don't know where to begin. Joel - 04/09/2009 03:59:21 AM 786 Views
Less than 200 people were said to be US persons with Swiss accounts Сталин - 04/09/2009 04:16:24 AM 582 Views
And yet account for many millions of dollars; what does that say...? Joel - 04/09/2009 04:21:57 AM 618 Views
It's statistically insignificant and your hyperbole is reminiscent of screaming guests on CNN. Сталин - 04/09/2009 02:07:31 PM 518 Views
Well, look at this way: Joel - 04/09/2009 02:24:03 PM 660 Views
That's not a solution. Сталин - 05/09/2009 02:39:12 AM 669 Views
The Soviets weren't socialist, or even communist, so it's a false comparison. Joel - 05/09/2009 03:09:06 AM 610 Views
Okay, now you've just gone into Kool-aid drinking territory. Сталин - 05/09/2009 04:32:07 AM 720 Views
Communist THEORY is predicated on democratic participation at every level,totally absent in the USSR Joel - 05/09/2009 04:55:00 AM 839 Views
FINALLY!!! Kylia Skydancer - 07/09/2009 10:22:53 AM 634 Views
Ever heard of the 20-80 rule? Kylia Skydancer - 04/09/2009 04:28:54 AM 529 Views
Yes, and 90% of people are idiots. Сталин - 05/09/2009 02:41:35 AM 821 Views
Re: Yes, and 90% of people are idiots. Kylia Skydancer - 07/09/2009 10:09:30 AM 646 Views
Top earners? Please define.....what income and how much more? *NM* trzaska2000 - 03/09/2009 04:52:25 AM 429 Views
That would be open to definition, and should change with inflation. Joel - 03/09/2009 05:13:02 AM 779 Views
What is your justification for taking over 50% of anyone's income? trzaska2000 - 03/09/2009 05:28:22 AM 709 Views
That's a good example of why I say the rate has to be set to cost of living. Joel - 03/09/2009 05:50:16 AM 741 Views
Still no comment on the fact that 40% of Americans don't pay any income taxes? trzaska2000 - 03/09/2009 02:32:12 PM 669 Views
To what 40% do you refer? Joel - 03/09/2009 02:42:55 PM 526 Views
Dude, you are not making this easy..... trzaska2000 - 03/09/2009 03:38:01 PM 563 Views
No one "gets money from the IRS. " Joel - 04/09/2009 02:55:02 AM 576 Views
Actually with EIC you can get money back that you never paid in. Brian - 04/09/2009 02:56:43 AM 560 Views
It MIGHT be possible with the EIC, but in practice few people get more than they paid. Joel - 04/09/2009 03:43:36 AM 599 Views
I don't know, I've known plenty of people that have gotten more back than they paid in Brian - 04/09/2009 03:46:29 AM 691 Views
A neat trick then. Joel - 04/09/2009 04:09:58 AM 690 Views
To be fair Brian - 04/09/2009 04:50:20 AM 628 Views
Ah, gotcha. Joel - 04/09/2009 04:53:58 AM 634 Views
Yet another example of your ignorance on tax policy. Tom - 04/09/2009 03:19:39 AM 512 Views
The word I notice is "welfare" Kylia Skydancer - 04/09/2009 03:57:01 AM 628 Views
I wouldn't say that's what it means.... Brian - 04/09/2009 04:02:40 AM 631 Views
It's what welfare means to me... Kylia Skydancer - 04/09/2009 04:32:17 AM 636 Views
I was just talking about EIC as a form of welfare, not welfare welfare. *NM* Brian - 04/09/2009 04:45:13 AM 387 Views
yes, I get that now. *NM* Kylia Skydancer - 04/09/2009 05:02:53 AM 370 Views
*NM* Brian - 04/09/2009 05:14:01 AM 369 Views
Not necessarily Сталин - 04/09/2009 04:11:41 AM 559 Views
*shrugs* I have a soft heart. *NM* Kylia Skydancer - 04/09/2009 04:30:52 AM 380 Views
It's a credit for people who file a return on income that's been taxed. Joel - 04/09/2009 04:19:57 AM 561 Views
It is only for the WORKING poor, yes. Сталин - 04/09/2009 02:12:55 PM 551 Views
Mean it may be, but hardly illegal. Joel - 04/09/2009 02:31:16 PM 583 Views
How does the business benefit? Сталин - 04/09/2009 04:54:27 PM 568 Views
I didn't realize you meant literal withholding. Joel - 05/09/2009 03:03:32 AM 598 Views
That's a no-no, Joel AgentOrange - 03/09/2009 07:32:03 AM 569 Views
Europe impresses me for one simple reason: Joel - 03/09/2009 09:21:28 AM 650 Views
No real comments, just 100% agree with you....plus the $12 trillion is terrifying to me. *NM* Brian - 03/09/2009 04:33:39 AM 273 Views
If that scares you, check this out! trzaska2000 - 03/09/2009 04:48:56 AM 671 Views
Excellent post - the US government is not capable of running HC..... trzaska2000 - 03/09/2009 04:40:19 AM 505 Views
There is one thing the government did right Tom - 03/09/2009 04:41:36 AM 623 Views
The bailout, some of it, was necessary..... trzaska2000 - 03/09/2009 04:51:03 AM 616 Views
I still think it was too one sided. Joel - 03/09/2009 05:21:45 AM 645 Views
It depends on your level of cynicism nossy - 03/09/2009 05:38:53 AM 677 Views
when have they ever cut the fat? random thoughts - 03/09/2009 08:35:36 PM 596 Views
Contrary to popular belief, they are quite good at it nossy - 03/09/2009 09:05:15 PM 627 Views
Well there is only one catch *NM* random thoughts - 03/09/2009 10:56:00 PM 368 Views
This doesn't make sense to me. Tim - 03/09/2009 08:33:18 AM 644 Views
The key phrase is "should be. " Joel - 03/09/2009 09:38:15 AM 781 Views
Re: The key phrase is "should be. " Lady Isa Avanderidhril - 03/09/2009 09:47:39 AM 625 Views
That sounds like a good stop gap to me. Joel - 03/09/2009 09:50:57 AM 682 Views
In fairness, most Europeans don't seem to realize what ObamaCare is. Legolas - 03/09/2009 02:34:01 PM 670 Views
What makes you think we do? nossy - 03/09/2009 09:11:06 PM 668 Views
Oh, you don't either. I thought that went without saying. *NM* Legolas - 03/09/2009 09:25:54 PM 383 Views
As far as most people I know are concerned, opposition to ObamaCare isn't the issue. Rebekah - 03/09/2009 11:04:36 PM 742 Views
It's hard not to be horrified with a government as wasteful as ours Brian - 03/09/2009 11:24:59 PM 526 Views
I can understand horror of governments. Rebekah - 03/09/2009 11:30:23 PM 516 Views
a bit, yes. *NM* Kylia Skydancer - 04/09/2009 04:08:37 AM 394 Views
For Americans who don't understand why Canadians like their public healthcare. Kylia Skydancer - 04/09/2009 04:23:11 AM 646 Views
Correction ßelals Girl - 04/09/2009 04:44:32 AM 628 Views
Re: Correction Kylia Skydancer - 04/09/2009 05:05:11 AM 706 Views
In all honesty.... Brian - 04/09/2009 05:18:23 AM 580 Views
Re: In all honesty.... Kylia Skydancer - 04/09/2009 07:19:28 AM 673 Views
Re: Correction ßelals Girl - 04/09/2009 05:24:49 PM 596 Views
Re: Correction Kylia Skydancer - 07/09/2009 10:11:45 AM 787 Views
That's a nice theory. Joel - 04/09/2009 02:49:34 PM 648 Views
It's a fact ßelals Girl - 04/09/2009 05:21:59 PM 618 Views
Re: It's a fact Joel - 05/09/2009 03:18:39 AM 595 Views
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