Which confirms a compassionate nation gives welfare payments to those earning less than $25K/year exceeding the aggregate value of income taxes paid.
Well, duh. That is what the earned income tax credit
is. The point is that there are
more people who qualify for it now, thanks to the President and an irresponsible GOP Congress, than there were in 2000. Funny how numbers work, isn't it?
OBTW, these so-called tax credits are a couple of those many Federal projects not authorized by the Constitution.
In your opinion. Of course, to get there you have to ignore the first clause of Article I, section 8. Minor detail, I know, but inconvenient nonetheless.
This whole discussion, though, boils down to what is "fair"? Is it "fair" that the Fortune 400 richest people has remained constant for most of a decade for the first time since it was started? One of the best things about America is that it gives people the opportunity to "move up" economically, but that has not been true in Republican administrations, especially this one. Is it "fair" that different tax rates apply to investors than wage earners? Is it fair that those with the greater disposable income have a lower tax burden than those who don't? Is it fair that those with wealth are given means to shelter income that those who work for a living don't get?
How many people here have actually lived in poverty, drawn unemployment, had to survive on welfare and foodstamps, wondered how they were going to pay the rent, lived from paycheck to paycheck? Is it fair that the government would take a greater share of their income than that of a CEO who has mansions in five separate states and yacht or jet to take him between them? "Fair" in these arguments usually boils down to whom you wish to feel sympathy for. Does anyone here really believe that an annual income over a million dollars allows more room for taxation than one of under 10 thousand? Is the difference between a $ million in assets and a $ billion insignificant?
