Quote:
Originally Posted by 12clicks
intelligence must be this punk's second language.  |
Seriously.....do you not know how taxes work?
"
The bottom 40 percent, on average, make a profit from the federal income tax, meaning they get more money in tax credits than they would otherwise owe in taxes. For those people, the government sends them a payment."
That doesn't mean, they didn't pay fed income tax - it means if they filed the a tax return, they got what they paid - BACK - Because....
"
Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability."
P.S. that doesn't mean all fed tax types either... as the article states.
Are we done now?