New Child Tax Credit Bill for people that dont pay taxes passes House
Submitted by charlie.collins on Fri, 06/13/2003 - 07:29
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The Democrats have been up in arms since the new Bush Tax Bill passed.
That bill included Child Tax Credits of $1000 per child that were to be retroactive for 2002. Basically if you paid enough income tax in 2002 to qualify you got a $600 per kid credit, and this was increased by $400 to $1000 by the new tax bill. So the government has decided to mail out $400 checks per kid to those that qualify, rather than wait and just let people increase the credit on next years returns (ah yeah, all PR baby, maybe it COSTS millions to process and mail them now, but send them anyway, its a huge waste of money but it sure looks great for ole politicians.)
So on to the uproar. Being that the included new provision was a TAX CREDIT that increased an exiting credit amount (ie returning something you already PAID, uh, a CREDIT) many low income families that DONT PAY ANY TAX (or dont pay enough tax to qualify for the credit) and military families that also DONT PAY ANY TAX did not get the credits (they of course did not get the previous $600 credit that is being increased to $1000, again, because they didnt pay enough tax to qualify for any credit).
The Democrats called this pandering to the rich and have made a debacle of the Republicans for not caring about poor people. Not to mention the brave men and women of our Armed forces defending us from terrorists all over the globe, they dont get the credit either because of the Republicans. "What callousness the Republicans have, they wont give the poor people (uh humm, cough, cough, under breath now, that didnt pay any taxes) a tax credit!"
One little problem as I see it, the Republicans are correct and the Democrats are incredibly stupid. IF YOU DIDNT PAY THE TAX YOU SHOULD NOT GET THE CREDIT! Is it just me? This is not even a partisan issue, or shouldnt be, its math?
I dont know how much simpler or more adamant this can get. I dont want anyone to get MY TAX MONEY as a CREDIT if they DIDNT PAY THE TAX THAT THE CREDIT IS BEING ISSUED FOR. Our government is increasing the deficit at record rates and its common knowledge that the budget is very tight and funds are being cut for all kinds of programs yet we are going to mail money to people under the guise of a tax credit when they didnt pay the tax?
Someone please tell me I dont understand this issue and that somehow this makes any damn sense at all? House passes its version of child tax credit: Boston Globe







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Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa
Re: New Child Tax Credit Bill for people that dont pay taxes pa