Congress screwed up the Tax Break law it passed for the 2009 Income Tax, "MAKING WORK PAY." Millions now owe the IRS money they were refunded, through no fault of their own.
The Tax Breaks had a few errors, bad math:
$400
$400
______
equals $1200
Tax breaks were given per job not per person so if a person worked 2 jobs they were doubled refunded.
If a person on Social Security also had a job they received the $250 payment and also got the $400 refund.
Now it's payback time, the government wants the money back, not that I blame them but this could be a hardship on a lot of folks. After all, one of the reasons for these tax breaks was to get money into the economy. If you were one of the unlucky ones who got it and spent it..... you might want to ask for a bail out.
This is the same group that gave us HEALTH CARE REFORM. One can only wonder what this new law actually does to or for the people?
I would like to know your thoughts........
Subscribe to:
Post Comments (Atom)
I am not sure which I would rather for this to be a mistake by a group that doesn't know what the heck they are doing or they know what they are doing and are this stupid!
ReplyDelete