GOP Payback to White Working Class That Voted for Them: Cut Earned Income Tax and Child Tax Credit

originally posted by: AboveBoard
a reply to: raymundoko

Um. What is wrong with helping the working poor?

If that's what making between $37,900 - $51,600 is these days, with a family of four...

If its the "middle class" or "upper middle class" taking this on, then perhaps taxing the very wealthy for this and leaving the middle out of it might be more workable? But that is anathema, apparently...

I pay taxes out of my paycheck, and my husband pays taxes. I care for two kids, one of which is severely autistic, which is a full-time job in and of itself. My husband works a minimum of 60 hours per week. I work part time, homeschool our youngest and care for a severely disabled child. We are not dead-beats.

Or maybe you think we are??? I don't know. It seems like that is what you are saying... I guess I'm not feeling in any way ashamed of the efforts we put out to eke out a living. I get angry when people get lumped together as "abusers" of a tax law that actually lessens the tax burden for working families at the lower end of the economic spectrum. You want to talk "abuse" of tax laws, let's look at the upper echelons and how much they don't pay...

- AB

Frankly cause I worked for my money and don't want to help you with your family and your children. It is not why I go to work. You want my money? come do some work for me. It's not my job to supplement your income.
I am however in favor of you getting paid more of the profits your company makes rather than giving it to the stock traders.

a reply to: Quetzalcoatl14

a reply to: MOMof3

Yet the last time Republicans had full control of Congress and the Executive Branch, the unemployment rate was down to 4.4% in FY2006.

Hmmm.



How does that get explained away?

a reply to: Quetzalcoatl14

Again, see my post above. Turns out the child tax credit is totally fine and the OP is disingenuous nonsense.

Child Tax Credit doesn't expire until 2017. All the others listed expire in early 2015. So they are specifically listed because they are expiring now. We can revisit this at the end of 2016.

It's called cutting spending. The only way out of the hole both parties dug us into. It will mean real pain for the suckers-on of the govt. teat. Tough crap.

a reply to: xuenchen

And then we had an 08Crash. It will never be the same.

originally posted by: MOMof3
a reply to: xuenchen

And then we had an 08Crash. It will never be the same.

That's because Democrats completely took over Congress starting in Jan 2007.

a reply to: xuenchen

convenient right?

i mean how could the republicans have lost congress and the presidency at such a crucial moment when they tried so hard and put their best foot forward with mccain and palin (two of the most even keeled and respected politicians the party has to offer)
their congressional candidates were nothing to scoff at either (those guys were some real class acts)
theres no way they would intentionally throw the election or anything like that

i guess the democrats really did completely tank the economy in a few short months and anything that happened prior is just water under the bridge.... speaking of.... i have a bridge im looking to sell if youre interested

xuenchen xuenchen xuenchen..... what are we going to do with you (maybe the owner should start thinking about adding an ignore button)

a reply to: Xeven

This is a very cruel philosophy. We are all responsible for a safe civilization. This attitude is why the ME has been in chaos for thousands of years.

As an aside, I hope you have not just cursed yourself and your family with bad karma.

If the gov't doesn't help the lower paid workers and survive through the various programs and tax credits what is the altermative?
Higher minimum wage?? Oh wait that's a no no for the republican party.
They will all go to college and get degrees?? Oh wait.....they will have to borrow the money to do that most likely and well all those loans are backed by the taxpayer aren't t hey?? Besides even if they did there wouldn't be enough good jobs for all of them! Not to mention that we would miss those lower paying jobs being done!
Oh I know those lower paid workers shouldn't have families they can't afford and live in their car and dig through the garbage bins for their food!! But wait, they seem to think that we need more people to populate the US in t he future so badly they are trying to import more!
Oh I know we can keep shelling money at the business sector and bribe them to create more jobs!! Ummm...ya I know of a few companies that took the money and ran!! Picked up their production sector and went to greener pasture!

So what is the alternative oh dear republicans?? How do we get back on track? Or maybe we don't? You can claim your innocence and blame the mess on the dems if you want. But it took the screwed up policies of both parties to get us into this position! And it will take both parties seriously working together to unscrew this mess!
Or maybe you have found a nice tropical island to live out the rest of your lives in comfort? No?? Then I suggest you start working together because when the boat sinks I doubt if you will be given a lifeboat! They are all reserved for the elite and their favorite pets!

originally posted by: xuenchen

originally posted by: MOMof3
a reply to: xuenchen

And then we had an 08Crash. It will never be the same.

That's because Democrats completely took over Congress starting in Jan 2007.

No, that is ridiculous. It is unlikely it is even due to Bush, but he was in power for 8 years up to the crash. If anybody is to blame out of sitting presidents, it is him. But, it is more likely simply the financial industry.

originally posted by: Quetzalcoatl14

originally posted by: xuenchen

originally posted by: MOMof3
a reply to: xuenchen

And then we had an 08Crash. It will never be the same.

That's because Democrats completely took over Congress starting in Jan 2007.

No, that is ridiculous. It is unlikely it is even due to Bush, but he was in power for 8 years up to the crash. If anybody is to blame out of sitting presidents, it is him. But, it is more likely simply the financial industry.

Bush had time to reverse the trend early in his presidency but by the time 2003 or 2004 rolled around it was too late. Clinton had a hand in things by removing Glass Steagal but that had been set in motion long before Clinton and would have happened reagardless of what Clinton did, he just failed to find a way to stop it. HW and Reagan each get some blame for financial degregulation. The person who should get the most blame though isn't a president... it's Alan Greenspan. He was the hero of the 90's and credited for bringing us enormous wealth but he also caused the downfall of the 00's and pushed many of the policies that lead to 2008.