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Originally posted by boondock-saint
Originally posted by Annee
Yeah - - cuz most men don't want the full time responsibility of raising the kids.
I do admire the few that do.
most men are NOT given the choice.
and the mother fights against it
cuz it is her intention to make
a living out of child support
and not work.
now, who's the dead beat ???
Originally posted by sonnny1
reply to post by boondock-saint
The Income Tax Act currently requires parents receiving child support to include the support payments in their taxable income, and provides a tax deduction to child support payers for the payments they make.
Income Tax Law
How are alimony and child support payments taxed?
Child support payments are neither deductible nor income to the recipient.
Originally posted by boondock-saint
not to leave out a valid point another
poster pointed out.
A father does NOT pay his child support
directly to the mother. It is paid to the
county or state and then paid later to
the mother. The county or state draws
interest off that child support money.
Not to negate the fact that the mother
can now sit on her @r$e and draw a
monthly check and NOT have to pay
ANY taxes on it. Nor does she have to
file it as income.
Child support exists today clearly as a
money making ponzi scheme.
Ponzi schemes are illegal.
Just ask Bernie Madoff
Child support laws turn mothers and kids
into state sponsored money making
schemes. No different than a speed
trap on the highway to generate income.
edit on 6/1/2011 by boondock-saint because: (no reason given)
Originally posted by sonnny1
reply to post by Annee
I fought for ALL three of my kids in court,and I have custody of them ALL.
Originally posted by CobraCommander
The state also encourages dissent between parents.
Originally posted by Binder
reply to post by Annee
I gross $70K a year. After medical insurance, taxes, and child support I net $400 a week. She makes $50K a year before my child support bolsters her net an additional $27K a year