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Old 08-26-2014, 06:13 AM
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dwsmithjr dwsmithjr is offline
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Default Taxes

So, basically, if you make more money, you pay higher taxes and any refund you may have expected based on your lower income will be lower or you will not get a refund at all.

Or, if you were getting a tax credit based on your income and your income goes up, you probably will no longer qualify for the tax credit and therefore you will pay more tax and get a smaller refund or no refund at all.

How is this news? Why would this be a surprise to anyone?
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