Rabu, 30 Maret 2011
Government Shutdown Could Slow Tax Refunds, Crimp Use Of Largest Federal Anti-Poverty Program
Diposting oleh asoy di 00.53The government shut down for a long strike for many poor families of America, and to provide program access limited or significant delays in the federal government against poverty Income Tax Credit.
In the past year, 26 million families more than $ 59 billion U.S. dollars from the discount, according to the Ministry of Treasury. While the vast majority of the beneficiaries may be affected by the closure of government possible, which comes a little earlier for a week of the deadline this returns the tax April 18 the size of individual large recipients discount many families still affected by a problem with payments to alleviate poverty. May be such a pain an important federal effort to combat poverty during the economic downturn, the worst economic casting since the Great Depression.
Details of a possible shut down - including the potential duration and effects - is still not clear. Even if Congress can not reach an agreement on government operations continue to do so, some specific programs and functions of "core" and allowed to continue running.
But it remains to see exactly which programs will be considered basic, and some of the activities undertaken by the Internal Revenue Service may not be. And rejected the IRS and the Treasury Department to comment on this report, but political observers say that while it is very difficult for the government's closure will stop collecting taxes, and other core functions of the IRS - including the provision of billions in tax refunds may be affected - --.
"... Our expectations are the taxes will be processed as if it does not close," said Christina Martin Firvida, director of economic security for government relations of the Association. "We're unclear whether there will be a significant delay in the payment, including reimbursements to include discount."
For many people their money from tax rebate program is an important element of their annual income, and sometimes as much as 30 percent of funding to their households.The discount rate average of about $ 2.250, but some families receiving as much as $ 5,666, depending on the circumstances. Benefits are scaled to the number of children in the family and annual household income. Individuals $ 13.460 or less, receive $ 467 of the opponent, while families with three children, and $ 5,666 benefit if they receive less than $ 48.362. For families at the lower end of the economic spectrum, and the opponent is required to pay their bills.
Fortunately, most poor families file their payments early in the season relatively taxes, in the hope that the government controls the speed. But many families are still waiting until mid-April tax filing deadline, and about a quarter of American families to qualify for the discount does not really apply, as Adam Perry, an organizer of the builders of the area of capital assets' discount capital assistance program. These people are often ignorant of the tax file in much later in the season, because they do not realize that they are eligible for benefits to combat poverty in the coming months.
In the past year, 26 million families more than $ 59 billion U.S. dollars from the discount, according to the Ministry of Treasury. While the vast majority of the beneficiaries may be affected by the closure of government possible, which comes a little earlier for a week of the deadline this returns the tax April 18 the size of individual large recipients discount many families still affected by a problem with payments to alleviate poverty. May be such a pain an important federal effort to combat poverty during the economic downturn, the worst economic casting since the Great Depression.
Details of a possible shut down - including the potential duration and effects - is still not clear. Even if Congress can not reach an agreement on government operations continue to do so, some specific programs and functions of "core" and allowed to continue running.
But it remains to see exactly which programs will be considered basic, and some of the activities undertaken by the Internal Revenue Service may not be. And rejected the IRS and the Treasury Department to comment on this report, but political observers say that while it is very difficult for the government's closure will stop collecting taxes, and other core functions of the IRS - including the provision of billions in tax refunds may be affected - --.
"... Our expectations are the taxes will be processed as if it does not close," said Christina Martin Firvida, director of economic security for government relations of the Association. "We're unclear whether there will be a significant delay in the payment, including reimbursements to include discount."
For many people their money from tax rebate program is an important element of their annual income, and sometimes as much as 30 percent of funding to their households.The discount rate average of about $ 2.250, but some families receiving as much as $ 5,666, depending on the circumstances. Benefits are scaled to the number of children in the family and annual household income. Individuals $ 13.460 or less, receive $ 467 of the opponent, while families with three children, and $ 5,666 benefit if they receive less than $ 48.362. For families at the lower end of the economic spectrum, and the opponent is required to pay their bills.
Fortunately, most poor families file their payments early in the season relatively taxes, in the hope that the government controls the speed. But many families are still waiting until mid-April tax filing deadline, and about a quarter of American families to qualify for the discount does not really apply, as Adam Perry, an organizer of the builders of the area of capital assets' discount capital assistance program. These people are often ignorant of the tax file in much later in the season, because they do not realize that they are eligible for benefits to combat poverty in the coming months.
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