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47% Will Pay No Federal Income Tax

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47% Will Pay No Federal Income Tax

Debating with the enemy

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04-08-2010, 01:18 PM

#11

Schneed10

A Dude

Join Date: Feb 2005

Location: Newtown Square, PA

Age: 46

Posts: 12,458

Re: 47% Will Pay No Federal Income Tax

Quote:

Originally Posted by saden1

LOL...Who's tax policy is in effect?

A combination of Bush's and Obama's. Bush's main structure is in place, but Obama's refundable credits are also in place allowing many to not only not pay any taxes, but to get additional refunds as well (making work pay, first time home-buyer, etc.).

I'm taking no political position here, just reporting the facts.

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