Wednesday, April 15, 2009
April 15th, Tax Day - Losing Exemtions
Well, both Number One and Number Two daughters are no longer tax exemptions for us.
Last year, we had to pay $29 in additional Federal Income Tax.
This year, it's somewhat more than that, but not too bad.
Time to resubmit my W-4 at work with them taking out additional tax with every payday.
I'd rather have a little coming back to me than to have to pay, because in my life, it seems like there's always something, a car needing repair, home repairs, or other expense that needs doing around April 15th.
Makes it tough to pay taxes.
I have our taxes all filled out, and a check for what we owe in the envelope with the tax forms, and one of them already-been-licked stamps from the US Postal Service on the front, all ready to mail.
I'll drop it off at the Post Office sometime tonight.
Can't let the government have my money one more day than necessary.
Did you know that, if the Obama administration confiscated ALL income from those taxpayers making $75,000 per year or more, it still wouldn't be enough to cover the budget his administration submitted to Congress this year?
All income, from all tax payers who make $75,000 a year or more, isn't enough money to finance Obama's first budget.
The over $10,000 we paid in Federal Taxes this year isn't even a drop in the bucket for Obama, but it sure puts a hurt on us.
As a family, we have to live within what Lovely Wife and I net in our paychecks.
There's a dark day coming for America because of how all US presidents and Congresses have overspent.