Tilted Forum Project Discussion Community - View Single Post - How are you using your "recession rebate"?

Ustwo · 04-29-2008, 07:15 PM

Irony.

If I didn't work on a new bussines venture, I'd have made to much money and not qualified.

But because I did, I took a large hit to my income (by over 50%) got a ginormous tax refund since I paid on my higher level of income which I didn't have anymore, and then qualified for the rebate.

Had I actually just paid all that money into the government I wouldn't have gotten anything back.

Screwy system that they decide you make to much to get a refund on what you put in.

Anyways all that being said it just goes into (along with the refund) the warchest to keep the new business afloat until it can break even on its own.

04-29-2008, 07:15 PM	#51 (permalink)
Ustwo Pissing in the cornflakes	Irony. If I didn't work on a new bussines venture, I'd have made to much money and not qualified. But because I did, I took a large hit to my income (by over 50%) got a ginormous tax refund since I paid on my higher level of income which I didn't have anymore, and then qualified for the rebate. Had I actually just paid all that money into the government I wouldn't have gotten anything back. Screwy system that they decide you make to much to get a refund on what you put in. Anyways all that being said it just goes into (along with the refund) the warchest to keep the new business afloat until it can break even on its own. __________________ Agents of the enemies who hold office in our own government, who attempt to eliminate our "freedoms" and our "right to know" are posting among us, I fear.....on this very forum. - host Obama - Know a Man by the friends he keeps.