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Originally Posted by Detector  I'm talking more of the gap between those who give and those who receive. Not long ago I remember hearing that that some people were getting around $1,000 back and some were paying in roughly the same amount. Now I'm hearing people either getting back thousands or paying thousands. |
I know what you're talking about. But a refund or payment at tax time is more a reflection of your bi-weekly with-holdings (W-4) and any quarterly payments than it is a result of a social scienced tax code.
I've writen a check for close to 5K but it was a decision I made back in July of 2006. In the meantime the investment returns on that money meant I had to declare even more income (and pay tax on it) plus it's paying for my vacation to Scotland.