The Fool wrote:
>
> http://www.startribune.com/stories/587/3909558.html
>
> Democrats: Lowest-earning families denied child tax credit
> David Firestone, New York Times
>
> Published May 30, 2003 TAXC30
>
> WASHINGTON, D.C. -- The Bush administration on Thursday defended the
> decision of congressional negotiators to deny millions of
> minimum-wage-earning families the increased child tax credit.
>
> White House press secretary Ari Fleischer said the new tax law was
> intended to help people who pay taxes, not those who are too poor to pay.
It's a tax cut, not a benefits increase.
If you have no tax liability, you're not eligible for a tax *cut*. What
can you cut off of $0?
Now, if they're cutting benefits to these families, *that's* where
people should be up in arms.
Has there been any reduction in the EIC? Any increase? Anyone have the
answer to *that* one? That's a more relevant datum for those with
children but not making enough money to have any tax liability.
Julia
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