An argument for keeping tax breaks for parents

[Nbadan]

50% of the kids in US live in poverty...most do not know where their next meal will come from day to day...yet wing-nuts want to have the family pay a regressive flat tax so that everyone has a 'skin in the game'....stupid....not only should we continue the child tax credit we should increase it....increase it by the child's performance in school....every A in a required subject the student's family gets an additional 5% that month....be creative!

[Nbadan]

Source: http://www.detroitnews.com/article/20121120/POLITI

Lansing — The House Tax Policy Committee heard testimony Tuesday on a bill that would grant "personhood" status to fetuses, allowing expectant parents to qualify for a tax exemption.

Parents would be able to claim a dependency exemption for a fetus that has completed at least 12 weeks of gestation as of the last day of the tax year and that has been under the care and observation of a physician since at least 12 weeks of gestation. The period of gestation would have to be determined by a physician.

The two-bill package introduced by Republican Reps. Lisa Lyons of Alto and Jud Gilbert of Algonac, would cost Michigan about $5 million annually in revenue, according to a House Fiscal Agency Analysis.

In AZ they're pregnant two weeks before they're pregnant.
The personal exemption is $3,950 for the 2013 tax year and $4,000 for the 2014 tax year and subsequent years.

[Wild Cobra]

50% of the kids in US live in poverty...most do not know where their next meal will come from day to day...

Why are their parents selling their food stamp cards?

[TeyshaBlue]

50% of the kids in US live in poverty...most do not know where their next meal will come from day to day...yet wing-nuts want to have the family pay a regressive flat tax so that everyone has a 'skin in the game'....stupid....not only should we continue the child tax credit we should increase it....increase it by the child's performance in school....every A in a required subject the student's family gets an additional 5% that month....be creative!

50%? Hardly.