Tuesday, November 17, 2009

Indian Giver


Indian giver is a North American English expression used to describe a person who gives a gift (literal or figurative) and later wants it back, or something equivalent in return.

Remember those tax rebates you received last Spring from the President? Well he wants them back.

Millions will have to repay part of tax credit

WASHINGTON — More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit.

Taxpayers are at risk if they have more than one job, are married and both spouses work, or receive Social Security benefits while also earning taxable wages, according to a report Monday by the Treasury Department's inspector general for tax administration. Continue reading...

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