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Old 06-13-2003, 10:58 AM
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Join Date: Aug 2001
Location: Washington DC
Posts: 412
Tax Bills Gonna Make My Head Explode

Now the House has passed the All American Tax Relief Bill which provides $1000 child tax credit to low income families (i.e. families that do not pay income tax). Also included are families that make 110-150K a year (initially excluded from the credit). New bill will cost $80 billion instead of 3.

Now there are complaints that military families that DO NOT PAY INCOME TAX will not be eligible for the child tax credit.

Kabooom! Head just blew up.

How do people who do not pay income tax get a TAX credit?!?!?!?! I pay income tax, get no credit and the money goes to people who pay no taxes. That's not tax relief, that's income redistribution. We have welfare for that! This whole tax thing seems like a runaway train that's gonna blow up in our faces in about 5 years. Yay!

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Old 06-13-2003, 12:46 PM
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Join Date: Sep 1999
Location: Miami, FL
Posts: 645
They abolished welfare As We Know It, so it needs to pop up again as Welfare as We Do Not Know It.

These people DO pay taxes: they pay medicare and Social security Taxes. Also everyone pays sales taxes.

If you want to outsmart the system, have lots of children. Try for dwarves or midgets, so they'll eat less.

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1990 300D 2.5 Turbo sedan 171K (Rudolf)
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