When I first heard about this, I couldn't believe it. I thought "Hey, if you take deductions, at best, you get your Adjust Gross Income down to zero and you get back any taxes you paid in". Then I heard you COULD end up with "negative tax due" - meaning getting back far MORE than you paid in because of Child Tax Credits. This is just flat-out WRONG.
Proof positive that the Democrats are just like the Republicans in that, if the other side proposes it, then you have to be against it.
|