Grumblenuts
Gold Member
- Oct 16, 2017
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Here, son. Not "a negative tax $$ environment" by any stretch. And bubbye!You disagree? Or are you his big sister coming to beat me up?Um, nice non sequitur, idjit!Nothing in that negates my statement. Nice try neophyte.OMG, a massive transfer of wealth straight from the rich to the poor going on right in front of our noses! Do something, Otter! Do something!The poor have the EIC to create a negative tax $$ environment for them.
Earned Income Tax Credit Income Limits and Maximum Credit Amounts:
Damn them poor peoples!Investment Income Limit
Investment income must be $3,650 or less for the year.
Maximum Credit Amounts
The maximum amount of credit for Tax Year 2020 is:
- $6,660 with three or more qualifying children
- $5,920 with two qualifying children
- $3,584 with one qualifying child
- $538 with no qualifying children.
The U.S. doesn’t currently have a negative income tax in place.