ShootSpeeders
Gold Member
- May 13, 2012
- 20,232
- 2,366
- 280
- Banned
- #1
He also wants tax benefits for those that use child care, which punishes everyone else. Income taxes are all about social engineering by the democrats.
Obama wants to change the tax code to punish families with a stay-at-home parent Dan from Squirrel Hill s Blog
The Hill recently reported:
… the president is proposing a new $500 second-earner credit to help cover the additional costs, such as commuting, of families with two working spouses. That plan is expected to benefit 24 million couples, the White House said.
Another proposal would streamline and expand childcare tax benefits, providing up to $3,000 per child under age 5, helping 5.1 million families that make up to $210,000 a year and cover costs for 6.7 million children.
A real tax cut means that marginal tax rates are cut, and people can spend that money however they want.
Instead, Obama wants to use the tax code to reward people who put their children into day care, and to punish families with a stay-at-home parent.