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Original Message
Just that one time.
Posted by ghost of olddude55 on January 14, 2021 at 04:05:12:
And only because I wanted to e-file and get my return ASAP. I qualified for the Earned Income Tax Credit (yes, I was that poor) and needed the money to pay my kid's college tuition.
Back to Dynobot's point...do you think it's wise for the government to reward people for running up credit card debt? I don't.
And if I were running the government, your brother wouldn't have a job. I'd eliminate all deductions and credits and treat all income taxed the same, including income from things like capital gains.
In exchange for that I'd make steep cuts in the tax rate. Nobody would get a refund every February but they'd have more money in their pocket all year round.
Do it right, you can cut tax rates but still increase revenue.