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First recorded activity by BoatBanter: Oct 2008
Posts: 27
Default Obama again wins "debate"

i havent bothered looking this up
but if its eic
eic is not -free money-
its a partial return of regressive taxes (fica or set) already
collected


It's a fully refundable credit. Even if you owe no income tax. So while
he calls it an EIC, that's hardly what it is.


fica is a separate tax than income tax
even if you dont pay any income tax
you can still pay thousands in fica

True. But that's a different issue. That could be solved by collecting


its not solved that way
its solved with eic
eic is partial refund of taxes already collected
it is not a give away

saying otherwise is stupidity lying or both

arf meow arf - cats and dogs living together - who ya goin call
its the end of the world as you know it - filler text goes here
this is how the world ends - not with a whimper but with a bang
this is how the world ends - not with a whimper but with a bang
 
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