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Posted: 3/5/2006 7:29:24 PM EDT
[Last Edit: 3/5/2006 7:30:53 PM EDT by LANCEMAN]
The stars and planets aligned in the IRS tax code or something and I am getting more back on my tax return than I actually paid in due to the Child Tax Credit. My mom is an accountant and has always done my taxes, she explained how it all works, seems right from what I have read about it also. I had a bunch of change this last year with getting custody of my son and leaving active duty so it pretty much worked out to the .gov paying me for last year.

It worked out to getting about $400 more back than I had withheld last year, total of over 2k. I feel like a welfare recipient or something though, not really happy about it but I'll take it.

ETA: This happen to anybody else ?
Link Posted: 3/5/2006 7:31:44 PM EDT
Nope! I want every damned pennt I can get. Why? Because its people just like you and me who get screwed the hardest.

Take your money, and do it with a smile.
Link Posted: 3/5/2006 7:36:19 PM EDT
Well, i could REALLY use it to play catch up, so if you feel that bad, send it to me. I promise it wont go towards hookers and blow.
Link Posted: 3/5/2006 7:39:41 PM EDT

Originally Posted By FieroLoki:
Well, i could REALLY use it to play catch up, so if you feel that bad, send it to me. I promise it wont go towards hookers and blow.



I'll use it, trust me Just doesn't feel right to "make" money from my taxes. I mean someone else had to pay that extra money in from somewhere.
Link Posted: 3/5/2006 7:40:01 PM EDT
The Child Tax Credit is very good for those who have kids its uncle sam's way of saying hey I know it's expensive to raise a kid so every year you have that child live with you, you can get extra money back from uncle sam.


Originally Posted By LANCEMAN:
The stars and planets aligned in the IRS tax code or something and I am getting more back on my tax return than I actually paid in due to the Child Tax Credit. My mom is an accountant and has always done my taxes, she explained how it all works, seems right from what I have read about it also. I had a bunch of change this last year with getting custody of my son and leaving active duty so it pretty much worked out to the .gov paying me for last year.

It worked out to getting about $400 more back than I had withheld last year, total of over 2k. I feel like a welfare recipient or something though, not really happy about it but I'll take it.

ETA: This happen to anybody else ?

Link Posted: 3/5/2006 7:40:21 PM EDT

Originally Posted By Specop_007:
Nope! I want every damned pennt I can get. Why? Because its people just like you and me who get screwed the hardest.



Huh? You don't pay anything in, get free money back from the gov (um, from me and my wife), then complain you're getting screwed? Sounds like I'm getting screwed from you, rather than the other way around.

Better go back to your math class. A course in logic and economics wouldn't hurt, either.
Link Posted: 3/5/2006 7:42:35 PM EDT

Originally Posted By Prefect:

Originally Posted By Specop_007:
Nope! I want every damned pennt I can get. Why? Because its people just like you and me who get screwed the hardest.



Huh? You don't pay anything in, get free money back from the gov (um, from me and my wife), then complain you're getting screwed? Sounds like I'm getting screwed from you, rather than the other way around.

Better go back to your math class. A course in logic and economics wouldn't hurt, either.



And you should go back to assumptions 101. Where did I say I dont pay anything in? Where did I say my wife doesnt pay in? Where did I say I get more back then I pay in?

Or are you just posting arbitrary bullshit tonight?
Link Posted: 3/5/2006 7:42:52 PM EDT
I don't have a problem with The Child Tax Credit.

I like that it helps single working moms make ends meet.

Glad it worked for you too.
Link Posted: 3/5/2006 8:04:56 PM EDT
Well in this case


Originally Posted By krpind:
I don't have a problem with The Child Tax Credit.

I like that it helps single working moms dads make ends meet.

Glad it worked for you too.

Link Posted: 3/5/2006 8:07:06 PM EDT
[Last Edit: 3/5/2006 8:07:21 PM EDT by david_g17]
just think of it as reparations.

Link Posted: 3/5/2006 8:08:56 PM EDT

Originally Posted By Specop_007:

Originally Posted By Prefect:

Originally Posted By Specop_007:
Nope! I want every damned pennt I can get. Why? Because its people just like you and me who get screwed the hardest.



Huh? You don't pay anything in, get free money back from the gov (um, from me and my wife), then complain you're getting screwed? Sounds like I'm getting screwed from you, rather than the other way around.

Better go back to your math class. A course in logic and economics wouldn't hurt, either.



And you should go back to assumptions 101. Where did I say I dont pay anything in? Where did I say my wife doesnt pay in? Where did I say I get more back then I pay in?

Or are you just posting arbitrary bullshit tonight?



OK, sorry, Specop_007. I mixed your reply up with the original poster ( a few too many beers tonight, I suppose). I use every legitimate tax deduction available as well.

I'm a CPA, and see all kinds of people getting free money from the government because they have kids. Damn, I don't remember anybody emailing me and asking me to support their child....but as m wife and I have not had any children, we pay through the nose when it comes to federal income tax. I'm sure a lot of our tax money goes towards these "refundable credits".

I pay far more than should be required in property taxes "for the children", and those taxes end up being mostly wasted on future illiterate children that have been schooled to be democrats. Having my tax monies sent to people just because they made the decision to have children that they couldn't afford really pisses me off.

OK, rant off. Anybody that wants the EIC, please email me and ask my permission before having children.
Link Posted: 3/5/2006 8:11:54 PM EDT
[Last Edit: 3/5/2006 8:15:37 PM EDT by DK-Prof]
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.


Link Posted: 3/5/2006 8:15:09 PM EDT

Originally Posted By DK-Prof:
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.




And a BIG +1 on what they guy from Denmark said.

Link Posted: 3/5/2006 8:16:24 PM EDT
If you don't want it, you could put it toward a Bushmaster M4gery A3 upper for my girlfriend's build.
Link Posted: 3/5/2006 8:17:46 PM EDT

Originally Posted By DK-Prof:
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.

He said he's just getting off active military duty and now has custody of his child - something that wasn't factored in to his original exemptions.

IMO, it's simply a well-deserved pay raise.

Link Posted: 3/5/2006 8:18:03 PM EDT
its essentially welfare for the working class. Absolutely nuts but its all part of the 'socialist' scheme.
Link Posted: 3/5/2006 8:19:27 PM EDT

Originally Posted By DK-Prof:
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.





BULLSHIT
Just because you USE a system does not mean you SUPPORT the system. BIG fucking difference there.
Link Posted: 3/5/2006 8:20:18 PM EDT

Originally Posted By Prefect:

Originally Posted By Specop_007:

Originally Posted By Prefect:

Originally Posted By Specop_007:
Nope! I want every damned pennt I can get. Why? Because its people just like you and me who get screwed the hardest.



Huh? You don't pay anything in, get free money back from the gov (um, from me and my wife), then complain you're getting screwed? Sounds like I'm getting screwed from you, rather than the other way around.

Better go back to your math class. A course in logic and economics wouldn't hurt, either.



And you should go back to assumptions 101. Where did I say I dont pay anything in? Where did I say my wife doesnt pay in? Where did I say I get more back then I pay in?

Or are you just posting arbitrary bullshit tonight?



OK, sorry, Specop_007. I mixed your reply up with the original poster ( a few too many beers tonight, I suppose). I use every legitimate tax deduction available as well.

I'm a CPA, and see all kinds of people getting free money from the government because they have kids. Damn, I don't remember anybody emailing me and asking me to support their child....but as m wife and I have not had any children, we pay through the nose when it comes to federal income tax. I'm sure a lot of our tax money goes towards these "refundable credits".

I pay far more than should be required in property taxes "for the children", and those taxes end up being mostly wasted on future illiterate children that have been schooled to be democrats. Having my tax monies sent to people just because they made the decision to have children that they couldn't afford really pisses me off.

OK, rant off. Anybody that wants the EIC, please email me and ask my permission before having children.



No worries. I wish i got back more then I paid in, shit that would be nice. And yes, I would if I could!
As it is, I do get quite a good chunk back but we have a ton of deductions so......
Link Posted: 3/5/2006 8:20:51 PM EDT

Originally Posted By DK-Prof:
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.





I don't have a problem withit. I pay more than enough to let some unfortunate moms and even dads get a break. Much preferable to giving my monry away to scumbags who dont work.
Link Posted: 3/5/2006 8:21:48 PM EDT
If you get a refund, it means the gov't was freeloading off YOU (ie, an interest-free loan)
Link Posted: 3/5/2006 8:23:06 PM EDT

Originally Posted By LANCEMAN:
The stars and planets aligned in the IRS tax code or something and I am getting more back on my tax return than I actually paid in due to the Child Tax Credit. My mom is an accountant and has always done my taxes, she explained how it all works, seems right from what I have read about it also. I had a bunch of change this last year with getting custody of my son and leaving active duty so it pretty much worked out to the .gov paying me for last year.

It worked out to getting about $400 more back than I had withheld last year, total of over 2k. I feel like a welfare recipient or something though, not really happy about it but I'll take it.

ETA: This happen to anybody else ?



It's your cash dude. Spend it!
Link Posted: 3/5/2006 8:23:39 PM EDT
[Last Edit: 3/5/2006 8:23:58 PM EDT by DK-Prof]

Originally Posted By Specop_007:

Originally Posted By DK-Prof:
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.





BULLSHIT
Just because you USE a system does not mean you SUPPORT the system. BIG fucking difference there.




Wealth redistibution is wealth redistribution.

And it is socialism.

No ifs and buts about it.
Link Posted: 3/5/2006 8:25:32 PM EDT

Originally Posted By raven:
If you get a refund, it means the gov't was freeloading off YOU (ie, an interest-free loan)



Nope, not always...there are things such as "refundable credits", where even if a person hasn't paid a dime in federal income taxes via payroll withholding, they can get thousands from the government via a check in the mail.
Link Posted: 3/5/2006 8:25:55 PM EDT

Originally Posted By DK-Prof:

Originally Posted By Specop_007:

Originally Posted By DK-Prof:
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.





BULLSHIT
Just because you USE a system does not mean you SUPPORT the system. BIG fucking difference there.




Wealth redistibution is wealth redistribution.

And it is socialism.

No ifs and buts about it.



You either didnt read what I qouted or you forgot what you typed.
Your changing your argument. Fair enough.
Link Posted: 3/5/2006 8:26:02 PM EDT

Originally Posted By RABIDFOX50:

It's your cash dude. Spend it!



I'm gonna send away for a couple more 82ndAbn raffle tickets tomorrow, spread the wealth a little bit
Link Posted: 3/5/2006 8:27:20 PM EDT
LOL! Hey, don't worry. The Feds will find a way to get it back from you in the future.
Link Posted: 3/5/2006 8:27:47 PM EDT

Originally Posted By LANCEMAN:

Originally Posted By RABIDFOX50:

It's your cash dude. Spend it!



I'm gonna send away for a couple more 82ndAbn raffle tickets tomorrow, spread the wealth a little bit



That's cool as hell, bro.

I hope to hell you win.
Link Posted: 3/5/2006 8:30:31 PM EDT

Originally Posted By DK-Prof:
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.



I consider it welfare when someone applies for and receives, on a continuing basis, money or services. Getting back income tax is hardly welfare. It is just part of the tax code. What about all the people, and many on these boards I bet, that donate their old junk to charities. A lot of it isn't worth a dime and yet they claim current retail on the donation to get back more money on their return. I suppose that is welfare also? I say, more power to them. If the government doesn't like it, let them change the code. But for the people getting bigger returns than me or getting back more than they paid in because they have children, good for them.

I use the 1040EZ and don't claim anything and just get the standard deduction. Since I do not have kids are pay enough interest in my house note, I don't qualify for itemized deductions. I guess anyone that is able to claim something that I don't qualify for is getting income tax welfare.
Link Posted: 3/5/2006 8:32:38 PM EDT

Originally Posted By Specop_007:

Originally Posted By DK-Prof:

Originally Posted By Specop_007:

Originally Posted By DK-Prof:
I hate to sound like the asshole in this thread, but if you got MORE back in taxes than you paid in, then you are officialy on welfare, and participating in socialist wealth re-distibution.

If you like the money, spend it in good faith - but don't you EVER dare to critisize welfare or socialism, because you have partaken of it.





BULLSHIT
Just because you USE a system does not mean you SUPPORT the system. BIG fucking difference there.




Wealth redistibution is wealth redistribution.

And it is socialism.

No ifs and buts about it.



You either didnt read what I qouted or you forgot what you typed.
Your changing your argument. Fair enough.



In all honestly and sincerity, I do not think I have "changed" my argument ay all, and I do not understand your response.

However if LANCEMAN is spending his "return" on 82anAbn raffle tickets, then my hat's off to him
Link Posted: 3/5/2006 8:34:06 PM EDT
[Last Edit: 3/5/2006 8:37:18 PM EDT by Specop_007]

Originally Posted By DK-Prof:

In all honestly and sincerity, I do not think I have "changed" my argument ay all, and I do not understand your response.

However if LANCEMAN is spending his "return" on 82anAbn raffle tickets, then my hat's off to him



Sure, Are we discussing what socialism and communism is, or are we discussing whether Lanceman can critize the system he uses? I wont disagree with your position on what socialism is. I will disagree on the fact Lanceman can critize the system even if he is using it.
Link Posted: 3/5/2006 8:36:05 PM EDT
I'm gonna say the folks claiming this is some socialist tendancy in you are talking out their ass. Look what are your options here? Did you lobby for the child tax credit? Have you writen letters urging it's passage? No. Then file your taxes and take what they give you back. What do you think you should do? Mail them a check and say "please use this wisely"? Without the proper form I'm sure it will be returned to you. Should not claim your child or falsify other aspects of your return to insure you you pay more?

Bull.

This is the framework the elected representatives of the people have put in place. Unless you are signing petitions to keep it in place then you can take the money AND feel free to complain about socialism.
Link Posted: 3/5/2006 8:44:45 PM EDT
It would be silly to suggest that an individual should not pay as little as possible within the law, however I personally think there should be no child tax credit, if you CHOOSE to have kids then you should not be paying less taxes than anyone else for that choice, it can be inverted and be called a "non-child tax penalty" for those without children. I also believe the interest paid on home loans should not be tax deductable, if you can afford to buy a house you get to pay less taxes than someone who rents, I just don't get it. And for the record, I own a home and have a child and still think it's wrong.
Link Posted: 3/5/2006 8:46:57 PM EDT

Originally Posted By Specop_007:

Originally Posted By DK-Prof:

In all honestly and sincerity, I do not think I have "changed" my argument ay all, and I do not understand your response.

However if LANCEMAN is spending his "return" on 82anAbn raffle tickets, then my hat's off to him



Sure, Are we discussing what socialism and communism is, or are we discussing whether Lanceman can critize the system he uses? I wont disagree with your position on what socialism is. I will disagree on the fact Lanceman can critize the system even if he is using it.





Right - I agree with that. LANCEMAN is certainly entitled to take advantage of the system if he can, And I do not begrude him that opportunity,

I am merely saying that he cannot later criticize "socialism" or "welfare" since he is now a recipient of it.
Link Posted: 3/5/2006 8:48:52 PM EDT

Originally Posted By DK-Prof:

Originally Posted By Specop_007:

Originally Posted By DK-Prof:

In all honestly and sincerity, I do not think I have "changed" my argument ay all, and I do not understand your response.

However if LANCEMAN is spending his "return" on 82anAbn raffle tickets, then my hat's off to him



Sure, Are we discussing what socialism and communism is, or are we discussing whether Lanceman can critize the system he uses? I wont disagree with your position on what socialism is. I will disagree on the fact Lanceman can critize the system even if he is using it.





Right - I agree with that. LANCEMAN is certainly entitled to take advantage of the system if he can, And I do not begrude him that opportunity,

I am merely saying that he cannot later criticize "socialism" or "welfare" since he is now a recipient of it.



Sure he can! I use the healthcare system, that doesnt mean I cant criticize it!
Just because you use a system doesnt mean you have to support it, nor does it mean you cannot criticize it.
Link Posted: 3/5/2006 8:59:49 PM EDT
[Last Edit: 3/5/2006 9:00:57 PM EDT by LANCEMAN]

Originally Posted By DK-Prof:

Originally Posted By Specop_007:

Originally Posted By DK-Prof:

In all honestly and sincerity, I do not think I have "changed" my argument ay all, and I do not understand your response.

However if LANCEMAN is spending his "return" on 82anAbn raffle tickets, then my hat's off to him



Sure, Are we discussing what socialism and communism is, or are we discussing whether Lanceman can critize the system he uses? I wont disagree with your position on what socialism is. I will disagree on the fact Lanceman can critize the system even if he is using it.





Right - I agree with that. LANCEMAN is certainly entitled to take advantage of the system if he can, And I do not begrude him that opportunity,

I am merely saying that he cannot later criticize "socialism" or "welfare" since he is now a recipient of it.



First of all I thank Specop_007 for the support and agree/understand where he is coming from but I have to be honest that I have "used" the system before this so DK is right to some extent that I really can't and won't criticize it that much in my lifetime.

Back in the mid 90's when my girlfriend at the time (future ex-wife) was pregnant the state of Florida paid every single one of her and then my kid's medical bills. I was 18 years old, a month out of high school and no job. Felt very guilty about it actually but it seemed like the best and only viable option economically at the time. Hell everyone else in my family thought it was the best thing ever, they all said it was like their tax dollars over the years were coming back to our family in a way. Hell in the past ten years everytime I bought a vehicle or anything for that matter and paid state sales tax (we don't have a state income tax) I have felt like I was repaying that "debt" in a way.

I still think from personal experience that if you don't utilize a system that your relatives and eventually yourself funds on some level you are missing out in a way. I have grown up after the experience above and it doesn't really feel great to receive a handout but it was good at the time that it was there to help my situation.

Link Posted: 3/5/2006 9:02:56 PM EDT

Originally Posted By LANCEMAN:
First of all I thank Specop_007 for the support and agree/understand where he is coming from but I have to be honest that I have "used" the system before this so DK is right to some extent that I really can't and won't criticize it that much in my lifetime.

Back in the mid 90's when my girlfriend at the time (future ex-wife) was pregnant the state of Florida paid every single one of her and then my kid's medical bills. I was 18 years old, a month out of high school and no job. Felt very guilty about it actually but it seemed like the best and only viable option economically at the time. Hell everyone else in my family thought it was the best thing ever, they all said it was like their tax dollars over the years were coming back to our family in a way. Hell in the past ten years everytime I bought a vehicle or anything for that matter and paid state sales tax (we don't have a state income tax) I have felt like I was repaying that "debt" in a way.

I still think from personal experience that if you don't utilize a system that your relatives and eventually yourself funds on some level you are missing out in a way. I have grown up after the experience above and it doesn't really feel great to receive a handout but it was good at the time that it was there to help my situation.




I too have used it, which is why I criticize it even more then when I hadnt used it. I've seen the inside of the machine so to speak.....Its a fuckin mess that NEEDS overhauled.
Link Posted: 3/5/2006 9:04:08 PM EDT

Originally Posted By LANCEMAN:
The stars and planets aligned in the IRS tax code or something and I am getting more back on my tax return than I actually paid in due to the Child Tax Credit. My mom is an accountant and has always done my taxes, she explained how it all works, seems right from what I have read about it also. I had a bunch of change this last year with getting custody of my son and leaving active duty so it pretty much worked out to the .gov paying me for last year.

It worked out to getting about $400 more back than I had withheld last year, total of over 2k. I feel like a welfare recipient or something though, not really happy about it but I'll take it.

ETA: This happen to anybody else ?



Think about it like this, for that 400 you get back you'll be paying thousands in sales tax for al the stuff you need or want to buy your kid.
Link Posted: 3/5/2006 9:05:42 PM EDT

Originally Posted By LANCEMAN:

Originally Posted By FieroLoki:
Well, i could REALLY use it to play catch up, so if you feel that bad, send it to me. I promise it wont go towards hookers and blow.



I'll use it, trust me Just doesn't feel right to "make" money from my taxes. I mean someone else had to pay that extra money in from somewhere.





Yeah...... YOU ! All the other years you had to pay, pay, PAY


I don't really see that as 'making' money, bro....... You just got a little itty bit of your own back for a change.



Link Posted: 3/5/2006 9:06:32 PM EDT

Originally Posted By Specop_007:

Sure he can! I use the healthcare system, that doesnt mean I cant criticize it!
Just because you use a system doesnt mean you have to support it, nor does it mean you cannot criticize it.



I think in my case the system was used for it's intended purpose, to help people that need it in a specific instance. It is the people the use and abuse it over their entire lifetime, repeatedly, without ever trying to better themselves or learn from their mistakes that run it into the ground.
Link Posted: 3/5/2006 9:21:44 PM EDT

Originally Posted By JB69:

Originally Posted By LANCEMAN:

Originally Posted By FieroLoki:
Well, i could REALLY use it to play catch up, so if you feel that bad, send it to me. I promise it wont go towards hookers and blow.



I'll use it, trust me Just doesn't feel right to "make" money from my taxes. I mean someone else had to pay that extra money in from somewhere.





Yeah...... YOU ! All the other years you had to pay, pay, PAY


I don't really see that as 'making' money, bro....... You just got a little itty bit of your own back for a change.






I'll add this on top of the $300 check I received back in 2001
Link Posted: 3/6/2006 6:50:55 PM EDT

Originally Posted By MOGWAR:
It would be silly to suggest that an individual should not pay as little as possible within the law, however I personally think there should be no child tax credit, if you CHOOSE to have kids then you should not be paying less taxes than anyone else for that choice, it can be inverted and be called a "non-child tax penalty" for those without children. I also believe the interest paid on home loans should not be tax deductable, if you can afford to buy a house you get to pay less taxes than someone who rents, I just don't get it. And for the record, I own a home and have a child and still think it's wrong.



That was the idea in my original post. It doesn't feel right that I get more money back than I actually put in. It really doesn't make any sense. Of course you have to take into account that they pass legislation such as this to pander to a specific voting block, people with kids.


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