A Comment About
Large Democratic Donors Help Shut Down July 4 Atlanta Tea Party
June 25, 2009 - 8:33 am
jharp
2009-06-26 19:30:01
177. Just assing Through:
“It is not a tax credit. It is not a change in the tax rate. It is a change in the withholding formula. If your income is such that it is taxable next April 15th, the amount you will pay for taxes on income for 2009 is not reduced. You’ll pay that difference in withholding as taxes owed, or in a reduced return if you overpay during the year.”
It is a tax credit.
It is not a change in the tax rate.
It is a change in the withholding rate because you are paying less in taxes.
And put the crack pipe away. 80% of your post made no sense at all.
Happy teabagging.
