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05.21.08, 17:17 PM General Topics
23 replies
am i the only one here who is getting more in the stimulus check than we actually paid in federal taxes? i'm thinking htis has to be pretty common for families that fit under the income guidelines but have kids. [ Reply | Watch | Flag ]
General Topics 05.21.08, 05:17 PM Flag
 

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Really? What is your HHI? [ Reply | More ]
General Topics 05.21.08, 05:18 PM Flag
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about 70k. [ Reply | More ]
General Topics 05.21.08, 05:19 PM Flag
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Dual? [ Reply | More ]
General Topics 05.21.08, 05:21 PM Flag
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i work p/t. [ Reply | More ]
General Topics 05.21.08, 05:23 PM Flag
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I'm sure you paid more in federal taxes through the year? [ Reply | More ]
General Topics 05.21.08, 05:18 PM Flag
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not us but that seems odd. Seems like you should get "back" only what you paid in. Otherwise it really is income redistribution [ Reply | More ]
General Topics 05.21.08, 05:18 PM Flag
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IF you paid nothing you get money. [ Reply | More ]
General Topics 05.21.08, 05:19 PM Flag
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well yeah - that's kind of my point [ Reply | More ]
General Topics 05.21.08, 05:20 PM Flag
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no, because it's not a refund. it's a rebate. kind of like a manufacturer's rebate can actually be more than what hte store is selling it for. [ Reply | More ]
General Topics 05.21.08, 05:20 PM Flag
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really? I've never gotten a rebate for more than I paid. I thought that was the same thing as a refund. Interesting. I still don't like it though since we will just end up owing allthis $$ to China. sigh [ Reply | More ]
General Topics 05.21.08, 05:22 PM Flag
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I hear ya. I hear ya. [ Reply | More ]
General Topics 05.21.08, 05:22 PM Flag
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op: we haven't actually gotten the check yet but from everything i've read, it doesn't have a cap on what you paid in taxes. [ Reply | More ]
General Topics 05.21.08, 05:25 PM Flag
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no but there is an income cap. If you make more you get less. Seems like socialism to me [ Reply | More ]
General Topics 05.21.08, 05:28 PM Flag
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i hear that. it doesn't bother me b/c it's a one time thing. (and also b/c i'm just so excited to be getting free money) [ Reply | More ]
General Topics 05.21.08, 05:31 PM Flag
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I think you're confusing what you paid in April vs. what came out of your pay throughout the year [ Reply | More ]
General Topics 05.21.08, 05:19 PM Flag
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no. we even got a small refund on our taxes. [ Reply | More ]
General Topics 05.21.08, 05:21 PM Flag
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posted below: no, the front sheet from Turbo Tax specifically lists what you paid in, what you got back, and actual taxes paid, as well as the actual percentage that you end up paying on your whole income before deductions [ Reply | More ]
General Topics 05.21.08, 05:21 PM Flag
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we only paid a few hundred after our rebate check [ Reply | More ]
General Topics 05.21.08, 05:19 PM Flag
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not quite, but close. I am sure that many are getting back more, considering how close mine is and my income is definitely higher than the avg American [ Reply | More ]
General Topics 05.21.08, 05:20 PM Flag
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well we got nothing and owed $5K bc of the stupid AMT. And for NYC, we are NOT rich (maybe in Alabama, but not in Manhattan, where we are also stuck with city tax). ... now give me back my money! [ Reply | More ]
General Topics 05.21.08, 05:21 PM Flag
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I know how you feel. I starting to feel middle class resentment. Never felt that before. [ Reply | More ]
General Topics 05.21.08, 05:23 PM Flag
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op: can i ask what your income is? i live in nyc also and paid a lot more in local taxes than in federal taxes. but we (thankfully!) didn't hit the amt yet. [ Reply | More ]
General Topics 05.21.08, 05:27 PM Flag
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Same here, but I don't mind that b/c I know that taxes here actually go to things like low and middle income housing, environmental programs, etc. [ Reply | More ]
General Topics 05.21.08, 05:29 PM Flag
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