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So you think it's a good thing, just doesn't go far enough / needs to be extended further in the same direction in the future?
My bigger concern is that it won't happen due to the strong lobby, yes
W is a W, and starting from the bottom makes sense.
But between income restrictions and complexity thresholds...
Why does it have 79k agi limit? What purpuse does this limit serve beyond sending people earning more to paid clowns....
If limit is w2 then just make it w2 jfc
Sure. My question is, why such a concerted effort to look for bad things about such a clear win?
Like would it work the other way? If the IRS was making life more difficult and expensive for everyone making W2 income under $79k, would you be out here saying well I guess an L is an L, but let’s remember it only applies to W2 earners and only some of them and anyway it’ll probably get overturned later on and I want to highlight the program’s important limitations and etc etc, instead of just saying “that’s a bad thing” like a normal person?
It seems your issue is my delivery which is all good but that's how I choose to deliver my message.
I don't provide factually incorrect info, if I do, please correct me.
I have no issue with learning!