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EIC

Posted by on Jan. 15, 2012 at 5:55 PM
  • 81 Replies

Well, it's coming up on tax season and I have seen a lot of posts in other groups about the the Earned Income Credit.  What are your thoughts on it?  

by on Jan. 15, 2012 at 5:55 PM
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Replies (1-10):
Tanya93
by on Jan. 15, 2012 at 5:56 PM
More money given to those that pay no federal income tax....
AdrianneHill
by Ruby Member on Jan. 15, 2012 at 5:58 PM
1 mom liked this
Lol, bastards with their lexus and summer homes taking money from real americans
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FromAtoZ
by AllieCat on Jan. 15, 2012 at 5:59 PM

If some one qualifies, so be it.


FromAtoZ
by AllieCat on Jan. 15, 2012 at 6:00 PM
4 moms liked this


Quoting Tanya93:

More money given to those that pay no federal income tax....

Hmmmm.

I paid federal income tax and qualify for the EIC this year. 

"A bird doesn't sing because it has an answer, it sings because it has a song." ~ Maya Angelou

Dawn4175
by Member on Jan. 15, 2012 at 6:00 PM
I think all refundable tax credits should be discontinued.
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romalove
by Roma on Jan. 15, 2012 at 6:00 PM
1 mom liked this
A good program for the working poor too easily and often abused.
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RowdyRoxyRainbw
by Gold Member on Jan. 15, 2012 at 6:01 PM

That we should get more.  The 1% don't pay their people for slave for them, enough money.  So, the government has to substitue taxes to try to keep poor people a float during the year.

Kate_Momof3
by Silver Member on Jan. 15, 2012 at 6:01 PM
4 moms liked this

 You do realize that the majority of EIC is put right back into the economy via people paying bills and buying stuff. That is a good thing for the economy. I'm sure the idea that someone who doesn't work as hard as you is getting "free" money is hard to digest, but I figured out a LONG time ago that it's actually beneficial to me, too.

Quoting Tanya93:

More money given to those that pay no federal income tax....

 

aka Kate1022 or MissBearNMonkey
RowdyRoxyRainbw
by Gold Member on Jan. 15, 2012 at 6:02 PM
1 mom liked this

How can it be abused?  Like lying and saying you have kids? 

Quoting romalove:

A good program for the working poor too easily and often abused.




Mommy_of_Riley
by Jes on Jan. 15, 2012 at 6:02 PM
1 mom liked this
We DO pay federal tax and we qualify...

Quoting Tanya93:

More money given to those that pay no federal income tax....
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