Please don't call it a tax cut. I know you mean well, but it is not a tax cut. The legislature has to pass a law to cut income tax, they didn't. This is a one time, and one time only, tax credit. After Apr. 15 next year the tax payers all turn back into pumpkins, plus that 8 or 13(have heard it both ways)bucks a week will have long ago been eaten up in increased state taxes and such dumb a**ed moves as taxing internet sales, plus letting the President Bush tax cuts expire. Wait till that hits the jerks. Bozo put this tax credit in the works in order to slow(he hoped)the day of reckoning down, because he thought he could fool everyone into thinking it was a real tax cut and by the time the truth dawned he would already have huge tax increases in place.
BTW, I see that Californians, who are frequently trashed by FReepers as all being liberal scum, are once again leading in donations to FR. I wonder how that happens if there are no more conservatives left in CA?
well that’s why I called it a “loan” first - because this is gonna cost us wayyy more than we get in return. To me, to call this a “tax cut” is a joke....on us.
The RATS love “tax credits” which are handed for behavior of which they approve.