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A neat trick then. Joel Send a noteboard - 04/09/2009 04:09:58 AM
And this year, there is likely to be a large number of people getting more back than they paid because of the first time home buyer's credit.

True, but that's hardly a regular occurrence. And it's a better approach, IMHO, to economic stimulus and recovery than writing off the depreciation of a yacht, since it actually encourages people to make large (but affordable) purchases. Tax credits like that have no impact on the ability to qualify for a loan, but they do make the payments much easier.
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For Europeans who don't understand why Americans are against ObamaCare - 03/09/2009 04:24:35 AM 1228 Views
I'd be happy to tax top "earners" more and suffer Europes economic "collapse. " - 03/09/2009 04:30:31 AM 698 Views
The US will never work with socialism. - 03/09/2009 04:40:21 AM 768 Views
Re: The US will never work with socialism. - 03/09/2009 04:58:47 AM 755 Views
I don't think the mistrust of the government is really all that overblown - 03/09/2009 05:04:34 AM 687 Views
It's advanced beyond what it was during the Revolution, I think. - 03/09/2009 05:18:22 AM 726 Views
I would say it's grown with the government - 03/09/2009 05:23:52 AM 709 Views
Re: I don't think the mistrust of the government is really all that overblown - 04/09/2009 03:30:23 AM 655 Views
If I lived in France I wouldn't trust the Government either. - 04/09/2009 03:44:55 AM 719 Views
*laughs* the point is taken. *NM* - 04/09/2009 04:24:07 AM 463 Views
Re: The US will never work with socialism. - 04/09/2009 03:28:24 AM 814 Views
How much more can we really tax the wealthy?? - 03/09/2009 04:41:14 AM 612 Views
Sadly, I think going back to the Clinton rates would help - 03/09/2009 04:42:54 AM 592 Views
I'm ok with that....not super excited....but ok with it - 03/09/2009 04:57:32 AM 609 Views
A lot; before Reagans "reforms" we already taxed them less than any other industrialized state did. - 03/09/2009 05:06:00 AM 729 Views
I'm in the lower-middle class tax bracket - 03/09/2009 05:13:39 AM 657 Views
It's both, IMHO. - 03/09/2009 05:29:41 AM 572 Views
I hear a lot of socialism coming from you..... - 03/09/2009 05:19:08 AM 592 Views
Re: I hear a lot of socialism coming from you..... - 03/09/2009 05:40:32 AM 679 Views
Nice non-answer answer..... - 03/09/2009 05:52:04 AM 689 Views
You want detailed answers that require detailed data I don't have. - 03/09/2009 06:06:55 AM 742 Views
Here are some facts and analyses..... - 03/09/2009 02:40:22 PM 778 Views
The Heritage Foundation, huh? - 03/09/2009 03:01:17 PM 798 Views
The non-working wealthy? Please quantify..... - 03/09/2009 03:31:58 PM 763 Views
Paris Hilton? - 04/09/2009 03:43:19 AM 671 Views
You're so full of shit on this issue I don't know where to begin. - 04/09/2009 03:15:55 AM 777 Views
Re: You're so full of shit on this issue I don't know where to begin. - 04/09/2009 03:59:21 AM 861 Views
Less than 200 people were said to be US persons with Swiss accounts - 04/09/2009 04:16:24 AM 655 Views
And yet account for many millions of dollars; what does that say...? - 04/09/2009 04:21:57 AM 654 Views
It's statistically insignificant and your hyperbole is reminiscent of screaming guests on CNN. - 04/09/2009 02:07:31 PM 593 Views
Well, look at this way: - 04/09/2009 02:24:03 PM 720 Views
That's not a solution. - 05/09/2009 02:39:12 AM 729 Views
The Soviets weren't socialist, or even communist, so it's a false comparison. - 05/09/2009 03:09:06 AM 670 Views
Okay, now you've just gone into Kool-aid drinking territory. - 05/09/2009 04:32:07 AM 791 Views
Communist THEORY is predicated on democratic participation at every level,totally absent in the USSR - 05/09/2009 04:55:00 AM 908 Views
FINALLY!!! - 07/09/2009 10:22:53 AM 706 Views
Ever heard of the 20-80 rule? - 04/09/2009 04:28:54 AM 587 Views
Yes, and 90% of people are idiots. - 05/09/2009 02:41:35 AM 893 Views
Re: Yes, and 90% of people are idiots. - 07/09/2009 10:09:30 AM 711 Views
Top earners? Please define.....what income and how much more? *NM* - 03/09/2009 04:52:25 AM 454 Views
That would be open to definition, and should change with inflation. - 03/09/2009 05:13:02 AM 843 Views
What is your justification for taking over 50% of anyone's income? - 03/09/2009 05:28:22 AM 780 Views
That's a good example of why I say the rate has to be set to cost of living. - 03/09/2009 05:50:16 AM 806 Views
Still no comment on the fact that 40% of Americans don't pay any income taxes? - 03/09/2009 02:32:12 PM 725 Views
To what 40% do you refer? - 03/09/2009 02:42:55 PM 586 Views
Dude, you are not making this easy..... - 03/09/2009 03:38:01 PM 629 Views
No one "gets money from the IRS. " - 04/09/2009 02:55:02 AM 633 Views
Actually with EIC you can get money back that you never paid in. - 04/09/2009 02:56:43 AM 623 Views
It MIGHT be possible with the EIC, but in practice few people get more than they paid. - 04/09/2009 03:43:36 AM 668 Views
I don't know, I've known plenty of people that have gotten more back than they paid in - 04/09/2009 03:46:29 AM 754 Views
A neat trick then. - 04/09/2009 04:09:58 AM 749 Views
To be fair - 04/09/2009 04:50:20 AM 690 Views
Ah, gotcha. - 04/09/2009 04:53:58 AM 702 Views
Yet another example of your ignorance on tax policy. - 04/09/2009 03:19:39 AM 574 Views
The word I notice is "welfare" - 04/09/2009 03:57:01 AM 691 Views
I wouldn't say that's what it means.... - 04/09/2009 04:02:40 AM 697 Views
It's what welfare means to me... - 04/09/2009 04:32:17 AM 708 Views
I was just talking about EIC as a form of welfare, not welfare welfare. *NM* - 04/09/2009 04:45:13 AM 410 Views
yes, I get that now. *NM* - 04/09/2009 05:02:53 AM 394 Views
*NM* - 04/09/2009 05:14:01 AM 390 Views
Not necessarily - 04/09/2009 04:11:41 AM 623 Views
*shrugs* I have a soft heart. *NM* - 04/09/2009 04:30:52 AM 402 Views
It's a credit for people who file a return on income that's been taxed. - 04/09/2009 04:19:57 AM 632 Views
It is only for the WORKING poor, yes. - 04/09/2009 02:12:55 PM 616 Views
Mean it may be, but hardly illegal. - 04/09/2009 02:31:16 PM 647 Views
How does the business benefit? - 04/09/2009 04:54:27 PM 647 Views
I didn't realize you meant literal withholding. - 05/09/2009 03:03:32 AM 666 Views
That's a no-no, Joel - 03/09/2009 07:32:03 AM 626 Views
Europe impresses me for one simple reason: - 03/09/2009 09:21:28 AM 681 Views
No real comments, just 100% agree with you....plus the $12 trillion is terrifying to me. *NM* - 03/09/2009 04:33:39 AM 296 Views
If that scares you, check this out! - 03/09/2009 04:48:56 AM 756 Views
Excellent post - the US government is not capable of running HC..... - 03/09/2009 04:40:19 AM 572 Views
There is one thing the government did right - 03/09/2009 04:41:36 AM 682 Views
The bailout, some of it, was necessary..... - 03/09/2009 04:51:03 AM 679 Views
I still think it was too one sided. - 03/09/2009 05:21:45 AM 720 Views
It depends on your level of cynicism - 03/09/2009 05:38:53 AM 742 Views
when have they ever cut the fat? - 03/09/2009 08:35:36 PM 668 Views
Contrary to popular belief, they are quite good at it - 03/09/2009 09:05:15 PM 697 Views
Well there is only one catch *NM* - 03/09/2009 10:56:00 PM 388 Views
This doesn't make sense to me. - 03/09/2009 08:33:18 AM 676 Views
The key phrase is "should be. " - 03/09/2009 09:38:15 AM 841 Views
Re: The key phrase is "should be. " - 03/09/2009 09:47:39 AM 715 Views
That sounds like a good stop gap to me. - 03/09/2009 09:50:57 AM 740 Views
In fairness, most Europeans don't seem to realize what ObamaCare is. - 03/09/2009 02:34:01 PM 718 Views
What makes you think we do? - 03/09/2009 09:11:06 PM 733 Views
Oh, you don't either. I thought that went without saying. *NM* - 03/09/2009 09:25:54 PM 403 Views
As far as most people I know are concerned, opposition to ObamaCare isn't the issue. - 03/09/2009 11:04:36 PM 815 Views
It's hard not to be horrified with a government as wasteful as ours - 03/09/2009 11:24:59 PM 591 Views
I can understand horror of governments. - 03/09/2009 11:30:23 PM 591 Views
a bit, yes. *NM* - 04/09/2009 04:08:37 AM 420 Views
For Americans who don't understand why Canadians like their public healthcare. - 04/09/2009 04:23:11 AM 697 Views
Correction - 04/09/2009 04:44:32 AM 696 Views
Re: Correction - 04/09/2009 05:05:11 AM 770 Views
In all honesty.... - 04/09/2009 05:18:23 AM 644 Views
Re: In all honesty.... - 04/09/2009 07:19:28 AM 730 Views
Re: Correction - 04/09/2009 05:24:49 PM 658 Views
Re: Correction - 07/09/2009 10:11:45 AM 847 Views
That's a nice theory. - 04/09/2009 02:49:34 PM 705 Views
It's a fact - 04/09/2009 05:21:59 PM 698 Views
Re: It's a fact - 05/09/2009 03:18:39 AM 658 Views

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