The Current Events, News, and Politics Thread
02-28-2019, 01:05 PM
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You pay taxes based on whatever you put on your W4. If you're part of the <50%, you get that all back on your refund since you're effectively exempt from taxes. I didn't realize that credits, etc. could go beyond your paid taxes.
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02-28-2019, 01:08 PM
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Oh **** you're right.
https://turbotax.intuit.com/tax-tips...come/L5T6d4PZP
"The IRS offers a number of tax credits that you can take directly off your taxes rather than your income. If the credit is more than you owe in taxes, in some cases, you can claim the excess credit as a refund. The IRS lists the "additional child tax credit" and the "earned income tax credit" as examples; if you qualify for these credits, you can receive a refund even if you paid no taxes. To claim the credits, you have to file your 1040 and other tax forms."
Using the tax table as an example...
https://www.irs.gov/pub/irs-dft/i1040tt--dft.pdf
If you're a family that earns $25k a year (AGI), and have 3 kids. Your liability due to income is $2622, and I think you get $2k per kid as a credit...that would mean you'd get $3378 back. Wait, the credit (net positive) is limited to $1400.
https://turbotax.intuit.com/tax-tips...come/L5T6d4PZP
"The IRS offers a number of tax credits that you can take directly off your taxes rather than your income. If the credit is more than you owe in taxes, in some cases, you can claim the excess credit as a refund. The IRS lists the "additional child tax credit" and the "earned income tax credit" as examples; if you qualify for these credits, you can receive a refund even if you paid no taxes. To claim the credits, you have to file your 1040 and other tax forms."
Using the tax table as an example...
https://www.irs.gov/pub/irs-dft/i1040tt--dft.pdf
If you're a family that earns $25k a year (AGI), and have 3 kids. Your liability due to income is $2622, and I think you get $2k per kid as a credit...that would mean you'd get $3378 back. Wait, the credit (net positive) is limited to $1400.
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03-01-2019, 09:19 AM
and now you understand why families that can’t afford to have 1 child have 10 and never get married - because the rest of society rewards them for doing so.
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03-01-2019, 11:21 AM
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If only we had a government employee posting Reddit meme's to help guide us to the promised land.
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03-01-2019, 11:54 AM
Boost Czar
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do not underestimate the power of dank *** memes, it's more powerful than "we need money to solve everything, but people with money are the problem, but not us"
Last edited by Braineack; 03-01-2019 at 12:10 PM.
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03-01-2019, 12:15 PM
Boost Czar
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https://techstory.in/steve-jobs-reco...wf4iU4svPKKuOQ
“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition.”
– Steve Jobs
Books recommended by Steve Job
2. Atlas Shrugged – Ayn Rand
1. 1984 – George Orwell
“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition.”
– Steve Jobs
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03-01-2019, 01:09 PM
Boost Pope
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You forgot Autobiography of a Yogi, by Paramahansa Yogananda.
We could all learn something from this.
"Master, a gift for you! These six huge cauliflowers were planted
with my hands; I have watched over their growth with the tender
care of a mother nursing her child." I presented the basket of
vegetables with a ceremonial flourish.
"Thank you!" Sri Yukteswar's smile was warm with appreciation.
"Please keep them in your room; I shall need them tomorrow for a
special dinner."
I had just arrived in Purito spend my college summer
vacation with my guru at his seaside hermitage. Built by Master
and his disciples, the cheerful little two-storied retreat fronts
on the Bay of Bengal.
I awoke early the following morning, refreshed by the salty sea
breezes and the charm of my surroundings. Sri Yukteswar's melodious
voice was calling; I took a look at my cherished cauliflowers and
stowed them neatly under my bed.
"Come, let us go to the beach." Master led the way; several young
disciples and myself followed in a scattered group. Our guru surveyed
us in mild criticism.
"When our Western brothers walk, they usually take pride in unison.
Now, please march in two rows; keep rhythmic step with one another."
Sri Yukteswar watched as we obeyed; he began to sing: "Boys go to
and fro, in a pretty little row." I could not but admire the ease
with which Master was able to match the brisk pace of his young
students.
"Halt!" My guru's eyes sought mine. "Did you remember to lock the
back door of the hermitage?"
"I think so, sir."
Sri Yukteswar was silent for a few minutes, a half-suppressed smile
on his lips. "No, you forgot," he said finally. "Divine contemplation
must not be made an excuse for material carelessness. You have
neglected your duty in safeguarding the ashram; you must be punished."
I thought he was obscurely joking when he added: "Your six cauliflowers
will soon be only five."
with my hands; I have watched over their growth with the tender
care of a mother nursing her child." I presented the basket of
vegetables with a ceremonial flourish.
"Thank you!" Sri Yukteswar's smile was warm with appreciation.
"Please keep them in your room; I shall need them tomorrow for a
special dinner."
I had just arrived in Purito spend my college summer
vacation with my guru at his seaside hermitage. Built by Master
and his disciples, the cheerful little two-storied retreat fronts
on the Bay of Bengal.
I awoke early the following morning, refreshed by the salty sea
breezes and the charm of my surroundings. Sri Yukteswar's melodious
voice was calling; I took a look at my cherished cauliflowers and
stowed them neatly under my bed.
"Come, let us go to the beach." Master led the way; several young
disciples and myself followed in a scattered group. Our guru surveyed
us in mild criticism.
"When our Western brothers walk, they usually take pride in unison.
Now, please march in two rows; keep rhythmic step with one another."
Sri Yukteswar watched as we obeyed; he began to sing: "Boys go to
and fro, in a pretty little row." I could not but admire the ease
with which Master was able to match the brisk pace of his young
students.
"Halt!" My guru's eyes sought mine. "Did you remember to lock the
back door of the hermitage?"
"I think so, sir."
Sri Yukteswar was silent for a few minutes, a half-suppressed smile
on his lips. "No, you forgot," he said finally. "Divine contemplation
must not be made an excuse for material carelessness. You have
neglected your duty in safeguarding the ashram; you must be punished."
I thought he was obscurely joking when he added: "Your six cauliflowers
will soon be only five."
We could all learn something from this.
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0
03-01-2019, 01:57 PM
You forgot Autobiography of a Yogi, by Paramahansa Yogananda.
We could all learn something from this.
"Master, a gift for you! These six huge cauliflowers were planted
with my hands; I have watched over their growth with the tender
care of a mother nursing her child." I presented the basket of
vegetables with a ceremonial flourish.
"Thank you!" Sri Yukteswar's smile was warm with appreciation.
"Please keep them in your room; I shall need them tomorrow for a
special dinner."
I had just arrived in Purito spend my college summer
vacation with my guru at his seaside hermitage. Built by Master
and his disciples, the cheerful little two-storied retreat fronts
on the Bay of Bengal.
I awoke early the following morning, refreshed by the salty sea
breezes and the charm of my surroundings. Sri Yukteswar's melodious
voice was calling; I took a look at my cherished cauliflowers and
stowed them neatly under my bed.
"Come, let us go to the beach." Master led the way; several young
disciples and myself followed in a scattered group. Our guru surveyed
us in mild criticism.
"When our Western brothers walk, they usually take pride in unison.
Now, please march in two rows; keep rhythmic step with one another."
Sri Yukteswar watched as we obeyed; he began to sing: "Boys go to
and fro, in a pretty little row." I could not but admire the ease
with which Master was able to match the brisk pace of his young
students.
"Halt!" My guru's eyes sought mine. "Did you remember to lock the
back door of the hermitage?"
"I think so, sir."
Sri Yukteswar was silent for a few minutes, a half-suppressed smile
on his lips. "No, you forgot," he said finally. "Divine contemplation
must not be made an excuse for material carelessness. You have
neglected your duty in safeguarding the ashram; you must be punished."
I thought he was obscurely joking when he added: "Your six cauliflowers
will soon be only five."
with my hands; I have watched over their growth with the tender
care of a mother nursing her child." I presented the basket of
vegetables with a ceremonial flourish.
"Thank you!" Sri Yukteswar's smile was warm with appreciation.
"Please keep them in your room; I shall need them tomorrow for a
special dinner."
I had just arrived in Purito spend my college summer
vacation with my guru at his seaside hermitage. Built by Master
and his disciples, the cheerful little two-storied retreat fronts
on the Bay of Bengal.
I awoke early the following morning, refreshed by the salty sea
breezes and the charm of my surroundings. Sri Yukteswar's melodious
voice was calling; I took a look at my cherished cauliflowers and
stowed them neatly under my bed.
"Come, let us go to the beach." Master led the way; several young
disciples and myself followed in a scattered group. Our guru surveyed
us in mild criticism.
"When our Western brothers walk, they usually take pride in unison.
Now, please march in two rows; keep rhythmic step with one another."
Sri Yukteswar watched as we obeyed; he began to sing: "Boys go to
and fro, in a pretty little row." I could not but admire the ease
with which Master was able to match the brisk pace of his young
students.
"Halt!" My guru's eyes sought mine. "Did you remember to lock the
back door of the hermitage?"
"I think so, sir."
Sri Yukteswar was silent for a few minutes, a half-suppressed smile
on his lips. "No, you forgot," he said finally. "Divine contemplation
must not be made an excuse for material carelessness. You have
neglected your duty in safeguarding the ashram; you must be punished."
I thought he was obscurely joking when he added: "Your six cauliflowers
will soon be only five."
We could all learn something from this.
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