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SVTPerformance's Chain of Restaurants
Road Side Pub
What to do with the homeless?
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<blockquote data-quote="Twisted2v" data-source="post: 16081029" data-attributes="member: 119147"><p>Poor people are not motivated or lack knowledge to file for taxes. The government wins in both cases. Those people are due their refundable credits. There are others that file 1040EZ and miss out on other credits that only work with a 1040. Other people that can't use a computer or know about free Turbo tax.</p><p></p><p>You're also forgetting about FICA taxes, property tax, sales tax, etc. And the fact that personal exemptions have been lost, which makes the add'l std deduction seem not as beneficial.</p><p></p><p>I'm glad you think that paying interest at 80% of the principal is fair. All of the millionaire bankers will probably call you buddy, after all they are using our money to do it. Seems like a good deal, especially if they take your house if you default, or take your house from your widowed wife when you die. They know all the tricks.</p><p></p><p>Add on the fact that most people pay PMI, which is the same price as a car payment.</p></blockquote><p></p>
[QUOTE="Twisted2v, post: 16081029, member: 119147"] Poor people are not motivated or lack knowledge to file for taxes. The government wins in both cases. Those people are due their refundable credits. There are others that file 1040EZ and miss out on other credits that only work with a 1040. Other people that can't use a computer or know about free Turbo tax. You're also forgetting about FICA taxes, property tax, sales tax, etc. And the fact that personal exemptions have been lost, which makes the add'l std deduction seem not as beneficial. I'm glad you think that paying interest at 80% of the principal is fair. All of the millionaire bankers will probably call you buddy, after all they are using our money to do it. Seems like a good deal, especially if they take your house if you default, or take your house from your widowed wife when you die. They know all the tricks. Add on the fact that most people pay PMI, which is the same price as a car payment. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
What to do with the homeless?
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