You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #49: I am not so much concerned about business taxes as I am about income tax credits. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Lyric Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 12:23 PM
Response to Reply #47
49. I am not so much concerned about business taxes as I am about income tax credits.
Edited on Fri Jan-09-09 12:23 PM by oktoberain
If he's doing credits, then they need to be fully refundable; otherwise they just aren't going to help the people who need the help the most. I strongly feel that he needs to increase the EITC, and by more than just a pittance. It's the best tool that we have to offer real help to working low-income families, because unlike regular welfare, the EITC can only be claimed by people who *work*--therefore, the false meme about lazy "welfare queens" is neutralized before the Repukes can even fire a shot across the bow. It was a brilliant thing to implement, and Obama would do well to take advantage of it.

We also need to "reform the reforms" when it comes to welfare, but I highly doubt if that's going to be a priority until the need becomes so dire that it can no longer be put off. With the state of the economy recently, I'd guess that it's going to reach that degree of urgency a lot sooner than most people think, but until it does, welfare is kinda like a poisonous football--no politician really wants to touch it. *sigh*
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC