<delurking once again>
I will be very happy to recieve my $800. I think it is a good idea,
and especially because it targets the people in MY socio-economic status.
This sounds selfish, but too bad. I'm tired of paying my 30+ percent every
payday and seeing nothing at tax time except another bill.
This is what I think should be done with the federal budget.
1. Leave the tax rate exactly the same. For now, this will be
lowered.
2. Remove EVERY spending measure in the budget.
3. Figuire out exactly how many dollars comes into the federal
coffers from everyone.
4. Budget 20% for national defense
5. Budget 20% for social programs (medicine, arts ect.)
6. Budget 20% for infrastructure (highways, parks)
7. Budget 20% for state spending (block grants, ect)
8. Lower the tax rate by 20%.
9. Every year recalculate the new amount earned and adjust.
<relurking>
-----Original Message-----
From: Dana Tierney [mailto:[EMAIL PROTECTED]
Sent: Tuesday, July 29, 2003 1:23 PM
To: CF-Community
Subject: Re: Child Tax Credit
yeah but it isnt enough money to fund the large purchases that really would
get the economy moving. It's just a huge drain on the treasury that is
ill-designed to perform its stated politically correct purpose, yet enough
to buy a few votes. IMHO.
Dana
Kevin Schmidt writes:
> You must be right near the phase out
>
> once a single parent hits $75,000 in annual income or a two-parent family
with two kids makes $110,000, the increased child credit phases out and is
gone for virtually all by about $150,000.
>
> I am certainly happy to get the $400 check for my son. Not sure what is
more pressing, certainly getting the economy moving is, IMHO, the most
pressing thing right now.
>
>
>
> ><soapbox>
> >
> >Okay, this is going to p$ss a lot of people off. I just got my $1200.00
> >check from the government yesterday. Why, because I have 3 kids. Do I
need
> >it? No. Did I ask to be paid to have kids? No. Am I going to spend it?
> >No, I'll bank it for when the next administration decides that deficits
> >really aren't that great of an idea.
> >
> >And before any of you say "send it here if you don't want it", I'm not
> >saying that I don't want it. I'm saying that there are more pressing
needs
> >right now than to give a $1200.00 tax credit to a six figure household,
> >unless of course you're trying to get re-elected ( or elected depending
on
> >your view :) ) to a second term.
> >
> ></soapbox>
> >
> >
> >Marlon
> >
>
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