(03-06-2019, 04:25 PM)Sammy Wrote: One that I also feel is sideways is "Earned Income Credit" ... I used to do the taxes for friends, and family. One of my Nieces would get back thousands more than she paid in. She was a pretty poor single mother of two.  I can understand someone being so poor they pay zero federal taxes, but she would get $2,000 or even $3,000+ more back than she paid in. On top of getting other government assistance. There are probably millions of people getting more money back than they paid into the tax system. In some cases, it does pay to be poor.

I agree with you here.  I've seen for myself people getting a "refund" larger than the amount of tax withheld.  Where does that money come from?  Those of us that actually pay taxes.  I am by no means "rich" or one of the "1%" by any means, but I find my tax bill getting larger each year.  Part of that is the fact that I earn more each year thanks to wage increases along with the fact that I don't owe any significant debt.  My home has been paid off for a few years so I can't deduct anything on it.

On a side note, I don't understand how people "depend" on a "tax refund" for them to be able to make a purchase or to live by.  I've never had a "refund" in over 20 years.  Usually I have to write a check to Uncle Sam (and I do a paper check every year and send it through the postal system).

After glancing at this year's tax tables my check should be for a significantly smaller amount.

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