Originally Posted by Jolie
I'm curious as to how you think you know their income. Tax brakes are not handouts. Unless you renounce your federal and state deductions for mortgage interest, educational expenses, healthcare costs, charitable donations, local and property taxes, you are every bit as much on the "dole" as they are.
Maybe we should all quit "paying your way" for the lifestyle you have chosen.
Read it again:
"15 of the 18 are under 18. That's $15,000 in tax credits plus $59,500 in 17 total exemptions plus $10,900 in the standard deduction.
By my rough calculations they'd have to earn over about $165,000 before they'd pay one cent in federal income tax."
I'm clearly not claiming to know their income. I'm passing along information from a CPA who states that without the nearly $85,000 in deductions they can claim every year, they would NEED to make at least $165,000 before they would have to pay any taxes at all. I have no idea what they make, nor did I state that I did.
And we're all on the "dole" as you put it...we all take what legal deductions we can. (And the fact remains that am NOT on the "dole" as much as this family...not even remotely close. The deductions they can take every year greatly, greatly outdistances my gross annual income.) You take your deductions, too, do you not? Before you start casting aspersions about paying for my lifestyle, you might want to take a look at your own tax return.
Does this have to get nasty? I have my opinion. *shrug* I'm not demanding that anyone agree with me.
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