Lets see or hear about the tax refund purchases.

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That stuff was happening way before Obama. It's been going on since 1975.

http://en.wikipedia.org/wiki/Earned_Income_Tax_Credit

About 15 years ago I used to do payroll for the company where I worked and I was also a registered tax preparer. In addition to the Earned Income Tax credit there is a thing called the Advanced Earned Income Tax Credit which allows an individual who may qualify for the EITC to recieve part of the credit in each paycheck.

Now I'm all for helping out those in need as well but I don't think that people who don't pay any taxes should get a refund paid for by those of us that DO pay taxes.

Dave
 
I've started on my shop/oudoor kitchen project. Got the plumbing installed, conduit ran throught the slab, and slab poored. 20x30. Bringing in the limestone next week to make the driveway to the slab, limestone around my smokehouse, dog kennel, and deer skinnin rack. Couldnt smoke much this winter due to the yard being sloppy and not feeling like walking through it every little while. Thatll be fixed soon.
Still some refund left, and plenty of overtime at work, so wont be long and I'll go head and frame up, roof, and get the shop/kitchen exterior finished.
And its all easy from there. Pretty pumped.
 
Used to use it as a forced savings and even felt a bit patriotic about it...but that feeling has changed as well. We simply take that money each year and slug on debt, hope to be debt free very soon...maybe in 10 if things go right. I see us witholding much less in the coming years.
 
I will stay out of the political rants. My opinion is not the same as it once was. Think I paid more than my share when single and working tons of overtime. Since I broke my back and can't work as a toolmaker anymore, have 6 kids and a house. We get some back.
This year it will be going toward a new fuse panel breakers to replace the glass fuses that I hate.
 
The wife & I both picked up a couple things that we have been wanting.

She got a new sewing table and a blu-ray DVD player.

I got the 40" MES and a pretty decent air-rifle to shoot at the varmints!!!

Oh, and our big purchase was to upgrade to glass seats for our season tickets to the Nashville Predators next year!!!

(note...nothing political here)
 
Refund??????????? The only refund I get is when I return something to Sam's Club.
 
Being self employed I have to pay
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Being both self employed and state employed I guess at the math each year and get a return.

But it is anti climatic this year because the wife spent it on a new washer and dryer.

Looks like I got a big check at my house cause I bought the write offs for 2010 as soon as the year rolled over. We were loosing some deductions and I needed some things for the business.

I found out once I got the right accountant my taxes were not a big issue. We pay like everyone else but they are predictable and in the end the goverment gets to use a small percentage for a few months and I have a cussion from the one enity that has no mercy..
 
Rarely get anything back cause the accountant runs the quarterly tax payments so tight.

As of Monday doctors are taking a 21% pay cut on medicare due to the government not acting to stop the cut. In my little corner of the world we have had 2 docs leave in the last 2 years and a third is leaving this May.

You can't even make it as a doctor in small towns any more. Sorry, for the rant; a little off topic.
 
The youngest son will get a month at a really great Summer day camp and the older boy will get some cash added to his account for college tuition. Ain't it great to have children? WooHoo fun times.
 
We each claim zero exemptions and the wife pays in a little extra each check so ours came today and it's pretty decent, however since Uncle Sam is also playing the wealth redistribution game with college money and it looks like our little one will not qualify for student loans when the time comes, so most of it will get transfered to her college account. I also totally agree that it's not right to get money back that you haven't paid in. Taxes should be taxes and welfare should be welfare. Not trying to be too political, but you asked. Just my 2 cents.
 
We got a decent refund but only because my wife got a very generous bonus last year (which she worked her ass off for) and it was hit at 40% for taxes. Or marginal rate is below that so I knew we'd get a decent return. Just burns me up that Uncle Sam used my money for 10 months interest free. If I tried to do that to Uncle Sam I'd be in jail. He has more guns than I do.
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I expect to pay again this year. I had to come up with almost $6K last year between state and federal. Our marginal tax rate went from an 11% marginal rate to a 33% marginal rate with no appreciable change in income or deductions. My guess is it will be same song, second verse when the accountant calls in a few weeks.
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"IF" I do get something back, things have been tight enough this year I haven't been able to fund the two youngest kids college accounts for the last six months. What I get will go there.
 
Big refund this year, bought a Lang 60 deluxe, but last year was a differant story, paid in almost $4k, but not this year, even had money left over.
 
I am hoping my refund will finish the last 70 feet of driveway but we'll see how mamma feels about that

for all you guys crying about taxes under Obama you should do half a minute research, anyone making under $99,000 pays over $4000 less in taxes now than they did 10 years ago and over $1000 less than they did 5 years ago

If you make more than $99,000 CRY ME A RIVER, you deserve to pay higher taxes
 
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Great deal on LEM Grinders!

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