From the Wall Street Journal "The package would broaden the reach of the child tax credit, lowering the minimum income required for workers to qualify for the credit to $3,000. Under current law, the minimum income was $8,500 for 2008 and is set to rise to about $12,000 for 2009, congressional aides said."
What this means is, in order to recieve the $1,000/child tax credit the earnings went from $12,000 down to $3,000! Sounds like even more dependance on the government!
2 comments:
I know David, this whole spendulus thing is making me crazy. I have sent letters to my reps and senators but feel so helpless when it comes to being heard.
Thomas Jefferson said, A bigger government might give you more, but it can also take more away." The stimulous package is a joke and a waste of money or great grandchildren will be paying for. God bless America!
Post a Comment