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One reason the vouchers that the republicans want to shove [View All]

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shraby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 12:43 PM
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One reason the vouchers that the republicans want to shove
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at everyone is this:
It will take the cost off the tax bill at tax time, the Senior has to pay the costs upfront out of their social security. Most Seniors don't make enough for the voucher to have any effect on their taxes which is often very little anyway.
We bought a new furnace but had no use for the energy tax credit for this reason. You can't reduce what you don't owe because you don't make enough to pay much in taxes at all.

This goes the same for school vouchers. Parents will have to pay the full costs up front and then take the voucher amount off their taxes at tax time. Many parents can't afford to pay the charter/parochial school tuition for a school year for one child, much less more than one, then at tax time write off the amount of the voucher on their taxes..most don't make enough to have it make much of a difference.

Voila! The vouchers are printed, but not used because they won't really save many anything.
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