Bmore Ken I do appreciate and welcome the fact that you are buying land in Pennsylvania. So even you agree you rather live someplace where taxes are lower, housing is cheaper, and where you don't have to deal with PlanMaryland which makes a suburban or rural home more afforable than here! Hopefully you don't take your liberal voting patterns there. I doubt the Dream Act or gay marriage will ever pass in Pennsylvania. I doubt the good folks of small town PA would like the thought of hordes of illegal aliens going to their colleges. Of course there are the ghetto types and liberal elites in Philly and Pittsburgh but they don't control the state to the extent that Montgomery County and Baltimore City control Maryland. Pennsylvania's gasoline taxes and tolls are also too high though.
Maryland can get some great lessons from Virginia, North Carolina, South Carolina, Louisiana, Tennessee and Georgia on how to run things. One great thing about Georgia si that Atlanta is expected to pay for their own transportation needs including mass transit through their local taxes (same with Northern Virginia btw) and not expect the rural areas to subsidize the cities through gas taxes! There should be a lower gasoline tax on the Eastern Shore and in Western Maryland and possibly Carroll and Harford Counties.
For that matter, you don't even have to have any taxes withheld if you file the form with your employer that says you estimate that you will have no tax liability-- which after the fist year ( or even before if you're really up on it) unless your situation changes. You still have to file the return to get the EIC and other refundable credits. Which, is not really a refund at all.
Your premise seemed to me to be that if you file a tax return, then you have paid income taxes, that is not true.
The state or feds only withhold what you ask them to withhold with your w-4. If you think they withheld "too much", it is because you instructed them to do so.
Sorry to burst the bubble of all the tax experts hereon, but these taxpayers/filers (Dream Act parents) would NOT qualify for the EIC !
To claim EITC on your tax return, you must meet all the following rules:
- You, your spouse (if you file a joint return), and all other listed on Schedule EIC, must have a valid Social Security Number.
- You must have earned income from working for someone else or running or operating a farm or business;
- Your filing status cannot be married filing separately.
- You must be a U.S. citizen or resident alien all year, or a nonresident alien married to a U.S. citizen or resident alien and filing a joint return.
- You cannot be a qualifying child of another person.
- You cannot file Form 2555 or Form 2555 EZ. (Related to foreign earn income)
- You must meet these EITC Income Limits, Maximum Credit Amounts and Tax Law Updates
- And you must meet one of the following:
- Have a qualifying child (see who is a qualifying child below), or
- If you do not have a qualifying child, you must:
- be age 25 but under 65 at the end of the year,
- live in the United States for more than half the year, and
- not qualify as a dependent of another person.
It's time to move on. The law 'survived' referendum.
Again, this will have absolutely no discernable impact on "our" illegal immigration problem.
Why not channel the energy and resources to something that will; like, say, stricter enforcement against those that employ illegals.
Let's move past searching for that recently engaged gay, undocumented table games dealer, living in a recently redistricted congressional district who files tax returns that result in a full 100% refunded -no tax liability.
In cases of EIC and people with maybe lots of kids ( hint) you get "refunds" not based on what was withheld. Your income tax liability is zero. Some folks still get taxes withheld even though they don't have to pay the tax and get that back of course too. Others realize they have zero income tax liability and have nothing withheld, so that they don't give the government an interest free loan.
Do you know what EIC and other refundable credits are? Do you know the dynamics there, because you don't seem to. Not that most people do unless tey're directly affected or have experince in tax return preparation
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