Umm, yes

Post #2,946 by drewk 7/27/01 11:53:56 AM Reply	Umm, yes Most of us (according to my co-worker poll) most certainly did believe it was a "refund" from the previous year's taxes. After all, it was called a "refund" wasn't it? And you can't refund in advance. The words don't work that way. Besides which, if the amount of the "refund" is based on what you paid in taxes, it's only valid if you pay mostly the same amount of taxes in each of the two years. If that's the case, I'd be glad to keep paying the same amount each year from now on, whether my income increases or not. But if my "refund" was calculated on last year's income, and my tax rate this year is based on this year's income, there's a fair chance I will lose more from the higher rate and higher salary then they calculated I was owed based on last year's figures. This is my sig. There are many like it, but this one is mine.
Post #2,947 by addison 7/27/01 12:00:12 PM Reply	The confusion is the "year". Most people seem to forget that April 15th is last year's taxes. The "refund" comes from what you've already paid in witholdings this year, hense, it being a "refund". Rather than waiting until after 1/1/02 to get it, you're getting "refunded" what you overpaid, based on the new tax rate. Or something like that. Addison
Post #2,975 by marlowe 7/28/01 11:36:59 AM Reply	It depends on what the definition of "refund" is. Sorry. That was mandatory. [link\|http://www.angelfire.com/ca3/marlowe/index.html\|http://www.angelfir...e/index.html]
Post #2,981 by Ashton 7/29/01 5:15:49 PM Reply	Yeah I got my token 'notification' too - laughable. Fact is: All those who do not make enough to even file income tax or, file but are below poverty level anyway: Got, get Zippo. Nada. (That includes most workers at nursing homes caring for the cast-off er 'parents', all housekeepers and a raft of other uninsured, underemployed -- the impoverished as grow in numbers daily) Middle-class get some %. Higher get the whole Big $300 or so. One dinner at Spagos. Pure politico- massaging. "Give that money back to The Peepul". Suuure. But just the Good people, natch. Meanwhile continue to gut welfare (already accomplished - perhaps Bill C's most cynical sell-out for political one-upmanship of the Repos everywhere - rilly pissed em off too.) But killed lots o' poor folk for collateral damage, then and now. And gut... well, see post in Politics re our current budget priorities. A.

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