Big tax breaks for the middle class

Tax breaks aren't just for the super-rich. Here are 8 tips that could save you money come tax time.

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VIDEO ON MSN MONEY

87Comments
Apr 14, 2014 11:25AM
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This has nothing to do with middle class tax breaks!  the whole article is about the low income family, low income individual, or college student.  These are in no way shape or form middle class tax breaks. BAD ARTICLE
Apr 14, 2014 8:58AM
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Taxes on wages (in any form – flat or progressive) are the greatest evil of our American Republic. When government is free to steal from you, there are no limits to waste and abuse in government. If a person chooses to work extra hours or two jobs in order to better provide for themselves or their family, they should not be penalized, but that is what happens. The more you make by working harder and longer, the more money is stolen from you, and given to those who spend their lives living off the hard work of others.

The revenue the government needs to provide legitimate constitutional services should be obtained primarily from a national sales tax instead of a tax on wages. All would pay based on consumption, the more you spend the more you pay. The more luxury you surround yourself with, the more you pay. Your choice. A national sales tax system would capture money spent by criminals and by illegal aliens who currently pay near zero in taxes. There would of course need to be exemptions: Cars (already have a federal excise tax) Primary Residence/Rental Properties (vacation homes would be subject to tax/rental profit would be taxed) Fresh Food (Preprocessed foods and prepared meals would be taxed – only fresh/fresh frozen/canned goods would be exempt) Insurance Premiums, Health Care & Certified Education.

Adding another layer of tax to a business would not be fair. Businesses would need to be compensated by keeping a portion of the tax to cover the expense of collection and reporting. A percentage of .20 to .05 would be fair.

Apr 14, 2014 11:17AM
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All I can say is vote every single Democrat out of office such as Reid and Pelosi among countless others for helping Obama screw up this country. November 2014 will be the day of reckoning for all Democrats, if everyone wises up.
Apr 14, 2014 12:35PM
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"Big tax breaks for the middle class", whoops no more middle class.
Apr 14, 2014 11:12AM
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More ways for politicians to use the tax code to discriminate among individual citizens.  Let's get rid of this unequal system and move to a citizenship fee that is applicable to all and equal for all.  Combine this with a national sales tax to capture revenue from those that do not want the privildge of being a citizen and we will eliminate the ability of the dependency class to vote themselves pay increases and the ability of the politicians to buy votes from their captured voting blocks.

 

Apr 14, 2014 11:54AM
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Our muslim terrorist in chief needs to go bye bye.  Everyday even the blockhead bleeding heart liberals are starting to question their messiah.  barry hueinsane binlyin obammy it is time for you to go back to kenya, they are patiently waiting for you.  The day oblamer leaves there will be a National Holiday on that day every year thereafter.  It will be a joyous occasion to rid ourselves of the tyrant...
Apr 14, 2014 1:33PM
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Hey obama supporters.

 

In the words of the great Samuel Adams.....Crouch down and lick the hand that feeds you....May your chains set lightly upon you and may posterity forget that ye were our countrymen.

  

How can any self respecting man associate himself with the modern democrat party? Also any man of able mind and body that did not even make the effort to serve his country will always be somewhat lacking as a man.   Your hero obama scoffed at the very idea of serving his country and would have never even considered it.

Apr 14, 2014 1:54PM
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Lets talk about how obama and his incompetent and crooked attorney general are railing against voter ID.....Now anyone withy any sense knows that here in 2014 there is no problem with poor and elderly getting to the DMV to obtain a legit(and FREE in most states) photo ID.....This is all just a ploy to enable the democrat party to perpetuate the rampant election cheating that happens MOSTLY on behalf of the Democrats. They want to make sure that the people in the ghetto voting districts can keep having people vote more than once and having dead people vote, having minors vote and lets not forget those ineligible to vote illegal aliens....democrats love them and want them to be able to vote.

  You idiots that elected these people actually think they care about you??? No they care about keeping their place at the public trough slopping on the hard working folks tax money.

Apr 15, 2014 11:33AM
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MSN, this article is stupid!  These tax breaks are for the poor, nothing for the middle class. What a waste of time!


I'm not sure if you people realize this but the middle class in this country is in big trouble.


The poor eek by and are given just enough to keep them from open rebellion (after all the rich need the poor to keep the crime rate up, terrorize the middle class, and have a pool of fools desperate enough to join the armed forces and fight in their immoral wars),


the rich get away with everything (plenty of corporate welfare in this country and not one wall street big shot suffered any jail time for crashing the economy),


meanwhile the whole load for this farce of a democracy is heaped on the backs of the working middle class!


Oh, and by no means am I blaming this all on Obama but he is definitely in on it. EVERY AMERICAN POLITICIAN HAS BEEN PART OF THIS SCAM SINCE 1900. THEY ARE ALL GUILTY!


The political parties are just one more way the people with power divide the rest of us. THEY set up the teams and rivalries, dems and reps, we join the teams and fight each other over scraps. Meanwhile, the elite get away with murder!


The elite hide behind politicians, the corporate shield, national security, lawyers and other agents who do their bidding, they remain invisible. We wouldn't know who to lynch even if we wanted to!


The first thing we as a nation need to do is shine the light on these cockroaches so they can no longer hide in the shadows while they screw the rest of us.  The simple act of exposing them might be enough to get them to act in a moral way.


And if they don't behave, at least then we would be able to put a name to our pain, we would know who to hate...and who to kill if it became necessary.

Apr 15, 2014 8:59AM
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Fees, Fines, Tolls, Dumb...I smell the scent of Political Scum… The Middle class pays for the Rich and the Poor's mistakes.

Apr 15, 2014 10:28AM
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Earned Income Credit for those who work? My dirtbag brother has 4 kids and is on welfare and disability because of his "back" and he receives an earned income credit of thousands of dollars on money he gets because of those who actually work (like myself). How is this right?
Apr 14, 2014 2:39PM
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Ok, I know this article is not about what I want to talk about but MSN (gutless wonders that they are) did not open the article I do want to talk about to comments.

The article is "Obamacare Subsidies to Cost About 1T" and this is an excerpt from that article:

 

**The Congressional Budget Office predicts that health insurance subsidies under the so-called "Obamacare" plan will total a little more than $1 trillion over the next 10 years, instead of almost $1.2 trillion initially estimated.

CBO said the 8 percent cut results largely from tighter cost controls by insurance companies offering plans on health care exchanges. Generally speaking, the plans offered on the exchanges pay health care providers less and have tighter management of patients' treatment options, and that means lower premiums and taxpayer subsidies.

Medicaid adds almost $800 billion in costs over the decade. Overall, however, the health care law reduces the deficit because of tax hikes, penalties paid by people and businesses that forgo insurance, and curbs on Medicare.**

 

So, we are supposed to be excited that it will cost the American tax payers ONLY 1T instead of 1.2T? Also two particular comments that stood out to me were, "...the health care law reduces the deficit because of tax hikes,....." and "....tighter management of patients' treatment options...."

Translated to tax payers will pay more so welfare collectors can pay less, and the insurance company will overrule your doctor in regard to your treatment.

 

And there are still people out there who think this is a good thing??????? I mean other than the ones getting everything for nothing?

Apr 14, 2014 12:43PM
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I'm guessing a flat tax would be too simple.  
Apr 15, 2014 3:19PM
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I know most of the commenters are only aping their equals on this forum.  But really - do they think taxes were invented in January 2008?  By one particular policital party?  And by one particular black man?
Apr 15, 2014 9:42PM
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 Rich people are crumbs just like us, They just have more dough to keep them together ( Author   Fibber Mcgee)
Apr 15, 2014 11:11AM
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I can empathize with you; I drive down the streets of Chicago where I was born and raised and see all the People hanging out on the streets all day while I go to work. I am trying to help my Son and Daughter get through College and can barely take care of them and with a stroke of a pen my burden becomes even heavier being forced to pay for medical and having tax credits taken away.

 

If the middle class got together and all planed a day off, then maybe we could send a message to all politicians to better budget the money they already get and stop spending all their time coming up with ways to get from our pockets. That seems to be the Illinois way of politicking.

 

Apr 14, 2014 4:54PM
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The brown clown is close to meeting his goal of destroying America.  Shame on you bleeding heart liberals following your muslim terrorist in chief.  You do realize he will be waiting for you in hell...
Apr 14, 2014 2:14PM
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All dips heats out there that want to institute a flat sales tax, let's do a trial run with businesses.  A flat sales tax on all their purchases with no tax credits and no tax deductions.  After all, corporations are people and what is good sauce for the gander is good sauce for the goose.
Apr 14, 2014 4:24PM
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The only way to get tax breaks is to become a loser.  In my new book - HOW TO SURVIVE THE NEW AMERICA - I describe how to go from being successful and contributing and paying super high taxes to becoming a complete loser and sucking off the government teet and never paying another dime in taxes.  Vote Democrat and join the losers of society - it's the sheik thing to do and according the Democrats it's the morally right thing to do.
Apr 14, 2014 3:01PM
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Heard the most disturbing report about how the IRS can collect overpayments for Social Security benefits from children of the collectors without notice and with barely any recourse. Where's that story? Why are we not revolting in the street over this?
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