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Old 04-21-2011   #11
carter200
 
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Default Re: For those that know ............

Thanks everybody for the kind wishes!

xfirez51......I did not make that much but when Obama changed the taxes both my wife and my checks went backwards instead of up like he claims everybodies did.

Guess that is one way of seeing "change"

Hope everybody has a better year than last year and again thanks for the support. You guys are the greatest
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Old 04-21-2011   #12
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Default Re: For those that know ............

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Originally Posted by carter200 View Post
xfirez51......I did not make that much but when Obama changed the taxes both my wife and my checks went backwards instead of up like he claims everybodies did.

Guess that is one way of seeing "change"
I'm confused. What changes did President Obama make to personal tax rates that would have impacted you negatively? I'm not aware that the tax rates have been increased since the Bush administration. And in January, you began paying 2% less for FICA. In fact,

here's a look at what the president did for your tax return in 2009,

What Happened in 2009?

One third of the Recovery Act was made up of tax credits
The credits included:


  • An increase in the Earned Income Tax Credit
  • An expansion of the Child Tax Credit
  • For those who work, the Making Work Pay tax credit offered $400 per individual and $800 per couple
  • For those who lost their job, there was a 65 percent tax credit to help cover the cost of health care. The first $2,400 in unemployment benefits went tax-free
  • Up to $2,500 under the American Opportunity Credit for students and parents paying for college tuition
  • $8,000 for first-time home buyers
  • A deduction of state and local taxes paid on a new car
  • Up to $1,500 for home improvements to increase energy efficiency

I hope your wife is making good progress.
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Old 04-21-2011   #13
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Default Re: For those that know ............

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Originally Posted by XfireZ51 View Post
I'm confused. What changes did President Obama make to personal tax rates that would have impacted you negatively?
I hope your wife is making good progress.
Not gonna make this a tax thread but both my wifes and my checks went down $50+ per month each in take home. That is a negative impact in my book.
Wife is doing better a little bit each day. Thanks and as she gets better my sanity starts to return, too.
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Old 04-21-2011   #14
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Default Re: For those that know ............

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Not gonna make this a tax thread but both my wifes and my checks went down $50+ per month each in take home. That is a negative impact in my book.
Wife is doing better a little bit each day. Thanks and as she gets better my sanity starts to return, too.
-$50 = Negative Impact OK.

Something Obama did?
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Old 04-22-2011   #15
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Default Re: For those that know ............

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-$50 = Negative Impact OK.

Something Obama did?
Yes, he signed the bill that canceled the tax breaks we were all receiving and it's over $100 per month.

If that is nothing to you then forward the $100 plus to me every month and we're even
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Last edited by carter200; 04-22-2011 at 12:58 AM.
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Old 04-22-2011   #16
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Default Re: For those that know ............

Hey Carter,

I'm glad to hear Linda is doing well. I know it's been a long, arduous process to get to this point. God's speed for a quick recovery & best wishes for a perfect outcome.
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Old 04-22-2011   #17
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Default Re: For those that know ............

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Hey Carter,

I'm glad to hear Linda is doing well. I know it's been a long, arduous process to get to this point. God's speed for a quick recovery & best wishes for a perfect outcome.
Jerry,
You know how it's been. I'm back at the shop for a day to catch up on some jobs and will be back with her tomorrow morning. She went up to school for a 1/2 hour and said it was not bad so I'm feeling even better about the outcome. I know she'll pay dearly with pain for that adventure but you gotta exercise the back little by little now to have it fully recover.
Thanks again. I'll call you later, Carter
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Old 04-22-2011   #18
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Default Re: For those that know ............

Carter, great to hear she is doing better. My thoughts and prayers are with you.
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Old 04-22-2011   #19
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Default Re: For those that know ............

Thanks Dennis
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Old 04-23-2011   #20
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Default Re: For those that know ............

Hey Carter,

I hope Linda is recovering well and you are able to get some balance with work and still taking care of her. I know the driving back and forth must be killing you too so take care. I have not hear from you in over a week and still waiting to get internet access here so hopefully next week.

Take care brah!

Craig
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