We have the Earned Income Tax Credit which does in some cases not
only is tax free, but provides money to the tax filer. I don't really
understand it. The threshold would vary depending on conditions.
Check here:
http://en.wikipedia.org/wiki/Earned_income_tax_credit
Winsor
Long Beach, California, USA
On Apr 12, 2007, at 6:22 PM, Andrew Fildes wrote:
> What is interesting to me there is that there is no tax-free
> threshold - if I earn $10 in a year in the US I'd owe the IRS a
> dollar? That's harsh. Here there's a threshold of somewhere around
> $6-7K where no tax is payable.
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