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<blockquote data-quote="toonertoo" data-source="post: 887155" data-attributes="member: 1944">The earned income credit is where the underemployed, or low income get the 10k back when in fact they may have only paid in 1k.&nbsp; It is probably the best incentive I have seen for low income people who are trying! In our present tax code.&nbsp; I dont have a problem with it, in the present form, I feel at least my money is going to people who are trying!&nbsp; So someone had kids, and are now struggling, well we dont want them to give their kids back, so help them.&nbsp;&nbsp; Eventually that would go away, as would many deductions, but in the beginning, isnt it easier to take all you money home, and not put it in the IRS bank account for the year?&nbsp; But as in everything, taxwise as it stands there can be fraud.&nbsp; People who do not work with children, can submit a 1040, research it to find the honey hole, and state they made that much money from self employment, And get a very large refund, when in fact they never did a diddly squat bit of self emplyment.&nbsp; Out of that the IRS puts x number of dollars that they would pay to ss, and bam in the bank.&nbsp; 999 and the fair tax, have been reseearched for years, it may have some wobbles, but I think the money they take out of me now, may be the same in the end, BUT I got to bring my paycheck home and spend my 400.00 or more how I want to.&nbsp; Which in turn I think would help the economy as I could go shopping and pay 23% more for things I want, instead of giving it to the IRS.&nbsp; Some weeks I might not buy a darn thing, so I can bank it, pay off debt, and use totally cash, and I think I would be better off.&nbsp; So for me, bring it on.&nbsp; It is not like the tax code now doesnt have horrific problems, so why not give something new a try?&nbsp; As for the poor who all the non likers yak about, they get a prebate every month, so they are not really affected, IMO.I never said I was a mental giant, I never said I was a mathmetician.&nbsp; Im just a US citizen, who feels its time to try something new.&nbsp; Is Cain the republicans black guy, the token black, as some may say, is that why he is running?In my opinion, No as he is not being supported well by the establishment repubs.&nbsp; Was Obama the democratic token black, I dont know, to say that would be racist.</blockquote>

[QUOTE="toonertoo, post: 887155, member: 1944"] The earned income credit is where the underemployed, or low income get the 10k back when in fact they may have only paid in 1k. It is probably the best incentive I have seen for low income people who are trying! In our present tax code. I dont have a problem with it, in the present form, I feel at least my money is going to people who are trying! So someone had kids, and are now struggling, well we dont want them to give their kids back, so help them. Eventually that would go away, as would many deductions, but in the beginning, isnt it easier to take all you money home, and not put it in the IRS bank account for the year? But as in everything, taxwise as it stands there can be fraud. People who do not work with children, can submit a 1040, research it to find the honey hole, and state they made that much money from self employment, And get a very large refund, when in fact they never did a diddly squat bit of self emplyment. Out of that the IRS puts x number of dollars that they would pay to ss, and bam in the bank. 999 and the fair tax, have been reseearched for years, it may have some wobbles, but I think the money they take out of me now, may be the same in the end, BUT I got to bring my paycheck home and spend my 400.00 or more how I want to. Which in turn I think would help the economy as I could go shopping and pay 23% more for things I want, instead of giving it to the IRS. Some weeks I might not buy a darn thing, so I can bank it, pay off debt, and use totally cash, and I think I would be better off. So for me, bring it on. It is not like the tax code now doesnt have horrific problems, so why not give something new a try? As for the poor who all the non likers yak about, they get a prebate every month, so they are not really affected, IMO. I never said I was a mental giant, I never said I was a mathmetician. Im just a US citizen, who feels its time to try something new. Is Cain the republicans black guy, the token black, as some may say, is that why he is running ? In my opinion, No as he is not being supported well by the establishment repubs. Was Obama the democratic token black, I dont know, to say that would be racist. [/QUOTE]

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