tag:blogger.com,1999:blog-3758330678390419129.post8301298056830952944..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Trump: You Get To Send the IRS an 'I Win' LetterRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3758330678390419129.post-65123169026969766092015-09-29T11:15:09.773-04:002015-09-29T11:15:09.773-04:00It's a fine line between lack of understanding...It's a fine line between lack of understanding and willful obfuscation. I'm not sure where WSJ falls in this regard but nowhere has the issue of refundable tax credits been discussed with respect to Trump's plan or the potential change in the number of 0-50k filers who "pay no tax."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-19998621551606250842015-09-28T21:35:11.946-04:002015-09-28T21:35:11.946-04:00My reference point was WSJ not Trump, do you think...My reference point was WSJ not Trump, do you think they don't understand the tax code eaither?Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-75519543393569914822015-09-28T20:46:31.433-04:002015-09-28T20:46:31.433-04:00Trump's plan addresses refundable tax credits?...Trump's plan addresses refundable tax credits? Really? If not, then the refunds will get slightly bigger by not being offset by some meager amount of Fed tax collected. The "I win" letter thing is just plain silly and reflects a real lack of understanding on the part of his people about how the tax code really works for low income filers. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-42240585403044008692015-09-28T20:05:56.675-04:002015-09-28T20:05:56.675-04:00Absolutely, not true. I have a post coming up in t...Absolutely, not true. I have a post coming up in the overnight slot revealing the number by which those who will not have to pay taxes grows.Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-52692376550325248872015-09-28T17:37:37.340-04:002015-09-28T17:37:37.340-04:00Exactly what I thought, I'm pretty sure any si...Exactly what I thought, I'm pretty sure any single individual making under $25k already pays ZERO federal income tax, and likely gets money back.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71100299275929338622015-09-28T15:55:46.905-04:002015-09-28T15:55:46.905-04:00Love how they add the "but" in there.
...Love how they add the "but" in there. <br /><br />"Sorry to all you idiots motivated by envy, but businesses and the rich will also benefit."steveZhttps://www.blogger.com/profile/00598248557573036202noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-26068408199891381142015-09-28T15:19:44.443-04:002015-09-28T15:19:44.443-04:00This is really a joke. Most filers who make under...This is really a joke. Most filers who make under $25k or between 25-50k already get thousands in "refundable" tax credits like the Earned Income Credit that result in net refunds in the thousands. Tax time is a payday with a check that says "I win." Fed taxes are not an issue for this group at all.Anonymousnoreply@blogger.com