Hello everyone, welcome to The Political Avenger blog. I am not a politician and have never run for
office. What I am is a citizen who is
extremely concerned with the direction our country is taking. For example, close to 50 percent of people in
the United States now receive some sort of government subsistence. Many of these people also pay no income tax
and even receive refundable tax credits each year.
I am a tax preparer so let me take a moment to explain what
a refundable tax credit is. A
non-refundable tax credit allows one to reduce their tax liability but once
their tax liability reaches zero, they do not receive any additional
credit. This is not the case with a
refundable tax credit for it entitles them to receive the rest of the credit as
a refund on their 1040.
The current tax laws entitle a person to a $1000 refundable child
tax credit for each child and a refundable earned income tax credit based on their income
and number of children they claim. Certain
taxpayers, and I use that term loosely, can receive as much as $8000 in tax
refunds even though they have zero tax liability.
With this voting block approaching 50 percent, we find
ourselves in a situation where these people may out vote those of us who
actually have a tax liability each year.
If this were to occurs, this voting block will be able to vote
themselves a raise by voting for politicians running on a platform of tax
increases on the rich that will increase the amount of the entitlements and
credits they receive. In fact, this is actually occurring in many
parts of our country statewide, hence eternally blue states like California and
New York. This is an example of some of
the topics we will be discussing on this blog.
The Political Avenger blog is designed to discuss topics
like this and arrive at the truth. Other
than what you just read in this blog, you may have never had refundable tax
credits explained to you. Politicians
are aware of how these credits work but conveniently hide the truth so they can
use them to stay in office. The Bible
says in John 8:32 “And you will know the truth, and the truth will set you
free." (NLT) My hope is that we can arrive at the truth of
the issues facing our nation and then we will be free to vote for politicians
who support the truth without falling prey to their political spin.
Some simple rules:
·
No personal attacks - Just because someone
disagrees with you or me does not give us a reason to personally attack him or
her. Once we arrive at the truth behind
an issue, if their opinion or ours is wrong, it will become evident. Any posting that is a personal attack will be
promptly removed
·
No cursing or foul language - This blog is open
to anyone and there may be children reading so we must be respectful of
them. If someone must resort to cursing
or foul language to get their point across, their position is probably
weak.
·
No selling products or promoting someone for
political office - The mission of this blog is to discover the truth behind the
issues. It is then up to each individual
to assess politicians running for office against this truth and vote for the
most truthful candidate.
I plan to post weekly on Saturdays and more frequently if
necessary. I can also be followed on
Twitter at @polavenger and on Facebook at www.facebook.com/polavenger.com.
I look forward to meeting many of you through these mediums
and doing our part to bring about a change in the direction our nation is
currently on. Look at what is happening
in Greece today. We do not want to see
that happen in the United States and we have an opportunity to insure it does
not.
