Ya mean kinda like when you take that mortgage or dependent deduction on your Fed income tax? Never had kids, never had a mortgage, but I've been subsidizing those of others my entire working life and still do in retirement.
We didn’t have a mortgage while our kids were living at home. Never saw that deduction.
Makes me wonder if people remember, *We the people are also We the government*
An income tax deduction is an example of a tax payer “keeping more of his own earned money.” It has nothing to do with your tax return. Besides, since you have never declared dependents, and thus have put a bit more in each years’s tax return into the treasury than parents did, you have covered a bit more for the amount of Social Security and Medicare, etc that you will be getting from the govt. Perhaps some of those other people’s children will be the workers who subsidize your retirement income.
The $4500 is being ‘given’ BY our treasury department to the car dealer who sells a government approved car. Since our govt is broke, we may even say that it is now the Chinese govt who are ‘giving’ the dollars to the dealers.
Lovely thoughts! First our manufacturing gone away, now.....
Nothing that can't be resolved by a totally flat tax with no deductions and no credits. It's about time that everybody had the same amount of skin in the game.
I have the mortgage deduction, and I have kids.
I still pay taxes every year.
Just because someone pays less tax than you doesn't mean you're "subsidizing" anything.