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To: BradtotheBone

Tell zero to get rid of the earned income tax credit. Also close loopholes for supposed non profits such as Media Matters.


11 posted on 07/06/2011 12:43:22 PM PDT by grumpygresh (Democrats delenda est)
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To: grumpygresh
Tell zero to get rid of the earned income tax credit. Also close loopholes for supposed non profits such as Media Matters.

I'm with you on the Earned Income Tax Credit. Has anyone come up with a total number of dollars that one is costing us????? If you're trying to cut the Federal deficit, the first place you should start is to quit paying tax refunds to people who don't pay any income taxes!

My personal belief is that we agree with Obama on the "Shared Sacrifice" concept....meaning that EVERYONE has to pay at least 5% of their income in taxes. That way the tax burden is shared beyond the upper earning 50% of people. The bottom 50% who don't pay any income tax won't lose any sleep if our taxes go up....but if everyone's taxes go up they tend to take it more personally.

28 posted on 07/06/2011 12:57:49 PM PDT by Retired COB (Still mad about Campaign Finance Reform)
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