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I thought the question of whether it was coming off next year's refund had been brought up during passage, and that it had been settled that it wasn't. If that's changed, then yes, that sucks.
CapD |
04.15.08 - 4:34 am | #
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It's going to be the same as last time.
merl |
04.15.08 - 4:46 am | #
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It is certainly possible I have it wrong. This is how I remember it, and it's how the SFGate article says, but I didn't go on and check ten different sources. This may be from an early source and then later they changed it.
If the source I pulled from has it wrong, it won't be the first time I've got it wrong. If so, someone will correct me WITH LINKS, I'll check it out, and put up a correct later. No links, no correction. *smiles* For now, I'm going with the source I've got up.
I'm going to bed. I'll check probably in 8-10 hours. Tired. Very tired.
Jesse Wendel |
Homepage |
04.15.08 - 5:04 am | #
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Given what's happened over the last 7 years, I'll credit Jesse's report until and unless I am informed differently.
Because I've seen so much of this crap that it's just "normal behavior" now. Absolutely typical Bush bullshit.
This is like offering someone a $5 payoff with a "no litigation" condition attached after you've dislocated their elbow.
And then cheating them out of part of even that.
Stormcrow |
04.15.08 - 5:23 am | #
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Oh, for those of you who are dealing with taxes yourselves rather than having a specialist do them...
There's a guy named Glenn Reeves in Connecticut who runs off an Excel spreadsheet that I've used in past tax years. It's a freebee. I ran across it four or five years ago purely by chance. This gentleman updates it every single year.
And from the available evidence, to wit, the timestamp of the Excel file, which Windows wget kindly preserves when asked, the most recent revision was just eight days ago, on April 7.
The URL is http://home.mchsi.com/~taxcalculator/.
I just ran through the calculations with this tool.
I spent some time looking up local tax rates for Snohomish County, which some kind soul put up on a Washington State government website obvious enough for Google to nail on the first search page.
But even given overhead like that, it took less than an hour and a half to run through the figures.
Stormcrow |
04.15.08 - 5:38 am | #
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I no can has rebait. I iz pore.
(At least I don't have to pay it back.)
Downriver Gal |
04.15.08 - 7:35 am | #
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i've already filed and paid. due to the writer's strike the hit this year isn't going to be all that brutal, but it isn't offset by the diminished income. . .belts are tightening.
Minstrel Hussain Boy |
Homepage |
04.15.08 - 7:37 am | #
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man some of you get rebates you ahve to pay back...i owe a few hundred thsi year...ratehr keep my money myself.
moonglum |
04.15.08 - 8:29 am | #
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Don't know if I'm reading this correctly, but this document from the IRS says "...the Stimulus Payment will not reduce your refund or increase the amount you owe when you file your 2008 return."
http://www.irs.gov/newsroom/
arti...=179181,00.html
Jill |
Homepage |
04.15.08 - 9:21 am | #
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I paid my shazbit back in January as soon as I got my W-2's from Da Boss.
Me kan no haz Chimpy kickback, me (apparently) iz too "rich" but I kan still haz a TINY refund. Mkay alzo my ass iz bleeding from NY/NYC lokal taxez, mkay thxbye...
PS-I use the same guy every year; a retired math teacher/CPA who specializes in freelancers/underemployed folks. I used him back in my freelancing days and like him, so I stuck with him even after I went full time
Jen |
04.15.08 - 10:01 am | #
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Well...I mean everyone will have to pay these rebates back- with interest -eventually. The creditors are still largely the same ones that have been paying for our imperial adventure in Iraq.
I am encouraged that at least one Presidential candidate talks to Americans like grown-ups this cycle. Though even he isn't going to talk about letting the Bush tax cuts expire that much. Remember when Congress and the President looked at a massive debt and gulped and said "we are gonna have to pay off this shit" instead of "we are gonna give out more tax cuts and use the money to go on vacation and party with hookers". Remember that time? I don't. It was pre-Reagan. I wasn't even born yet. But I am sure it existed because it was during the Reagan years when the national debt ballooned up.
This prevailing economic ideology over the last 28 years is one of the worst ever imposed. Economies don't function well when the people who work for a living can't buy much. Hell, even Henry Ford, no great luminary or even decent human being, understood that you gotta pay people enough to sell what they are making to them. This is how an industrial consumer society is supposed to work. Produce something from the fruits of the land and pay the people enough to keep them rolling off the assembly line.
The Reagan version of this was pay the producer(therefore depriving him of necessary profit motive), screw the worker(therefore depriving him of necessary consumer ability), and allow creditors to make up the difference by putting people into debt slavery to preserve their former way of life. And oh yeah...screw the worker further by leveraging his ability to organize and strike with free trade agreements that effectively ship his job to a country where both things are punishable by death or hard labor.
This ain't some crazy theory out there, this is America circa 2008. Bread and circuses should no longer be able to placate the masses. We need something equivalent to a national strike.
wengler |
04.15.08 - 2:00 pm | #
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And oh yeah...screw the worker further by leveraging his ability to organize and strike with free trade agreements that effectively ship his job to a country where both things are punishable by death or hard labor.
And his breaking of the air-traffic-controller strike in 1981 pretty much disembowled unions in this country of any real collective bargaining power.
Loveandlight |
04.15.08 - 3:02 pm | #
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What LoveandLight said re unions.
My Mom had one of the last great unionized jobs left in NY State-teaching. However, even that local union was watered down to the point where the only thing that the Union guaranteed was that it would be hard to fire you on a whim. Otherwise, it scrunched most of them between a low ceiling and a high floor, and allowed all kinds of weird maximums and cap systems make it really hard for anyone to stay and move up the salary ladder.
And don't get me started about out-of-state police forces courting NYC potential cops, who currently get paid the princely starting sum of something like $24K a YEAR for a job with a NY-area residency requirement.
I think some of the musician/pandhandlers in the subway make more than that.
Jen |
04.15.08 - 3:22 pm | #
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However, even that local union was watered down to the point where the only thing that the Union guaranteed was that it would be hard to fire you on a whim. Otherwise, it scrunched most of them between a low ceiling and a high floor, and allowed all kinds of weird maximums and cap systems make it really hard for anyone to stay and move up the salary ladder.
And don't get me started about out-of-state police forces courting NYC potential cops, who currently get paid the princely starting sum of something like $24K a YEAR for a job with a NY-area residency requirement.
Yeah, well.
YOU ALWAYS GET WHAT YOU PAY FOR.
ALWAYS.
AND NOTHING MORE.
This will be something that future students of the American Collapse will probably repeat over and over as they shake their heads and read on in stunned amazement.
Stormcrow |
04.15.08 - 8:59 pm | #
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http://video.google.com/
videopla...880303867390173
None of you even come close to understanding reality. When you ask the question: How much tax do I pay? You must first ask: How much is a dollar? Think about it for once in your short lives. A debate about income tax rates is practically irrelevant in this country. The trains just keep hurtling towards each other, with no end in sight but at least we have scapegoats! YAY.
Sean |
04.15.08 - 9:48 pm | #
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I don't suppose you ever, ever read what you're "responding" to, eh, Sean?
But then, your controllers don't reward for quality, so it figures.
Stormcrow |
04.16.08 - 7:30 am | #
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You are still paying for massacring civilians and torturing people into insanity and welfare for war profiteers?
I stopped paying income taxes in 1989, I never file, and I never will, as long as the majority of our tax money is spent on intentionally slaughtering people all over the world.
When we have universal health coverage and the military and black budgets are down to less than 20%, I'll consider volunteering to file income taxes again.
Comrade Rutherford |
04.17.08 - 5:42 pm | #
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Comrade Rutherford -
Hmm. Logic suggests one of two high probabilities here.
1) You are writing this from outside the territory of the United States.
2) You are handing off a provocative load of crap.
Other scenarios exist, but are highly improbable.
Stormcrow |
04.18.08 - 11:03 pm | #
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