Sep 1, 2011

46% of Us Don't Pay Income Tax!

"Economically, reducing the earned income tax credit and the child tax credit — which would be required if everyone paid income taxes — makes no sense at a time of high unemployment. The credits, which only go to working people, have always been a strong incentive to work, as even some conservative economists say, and have increased the labor force while reducing the welfare rolls."
http://www.nytimes.com/2011/08/31/opinion/the-new-resentment-of-the-poor.html


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