Re: Obama XVII: Do You Take Your Tea Party with One Sugar or Two?
I'm guessing the group working on finding ways to end the deficit will come out with a recommendation similar to the one I just made regarding the tax system giveaways. I hope that Congress and the administration take the recommendations seriously.
... which is the rate at which it should be taxed. Singles subsidize families enough as it is. We do pay property and state income taxes after all - and money from those sources is used to fund the education system, which basically means I'm being taxed to educate someone else's kids. While it's an indirect benefit (educated population) to society, it's a direct one to the parents who don't have to shoulder the entire cost of educating their kids in the public education system. To give them that benefit *and* to hand them $1k per kid is excessive in my estimation.There's an intellectual honesty to your argument that's very appealing, but... if you dump all tax credits, including for children, you're talking about taxing an income that supports 4, 5, or six people at the same rate as a single person...
I'm guessing the group working on finding ways to end the deficit will come out with a recommendation similar to the one I just made regarding the tax system giveaways. I hope that Congress and the administration take the recommendations seriously.