How can Kerry afford Child Tax Credit Increase?

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My "tax cut for the rich" has helped me! I enjoy the lower taxes because of my "tax cut for the rich".

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My "tax cut for the rich" has helped me! I enjoy the lower taxes because of my "tax cut for the rich".

You're rich?

Hardly, my wife and I combined make under 50k. I just find it ironic that they call it a "tax cut for the rich". My child deduction increased. I got 300$ back two years in row. I got a new couch and a deep freezer with each of those checks. My weekly payroll taxes went down. Under the old tax code I would have payed in the past 3 out of 4 years. I paid in one year in 2001 but that was due to my own error. I saved my old 1040s from the old tax code and figured it up and I would have payed in.

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My "tax cut for the rich" has helped me! I enjoy the lower taxes because of my "tax cut for the rich".

You're rich?

Hardly, my wife and I combined make under 50k. I just find it ironic that they call it a "tax cut for the rich". My child deduction increased. I got 300$ back two years in row. I got a new couch and a deep freezer with each of those checks. My weekly payroll taxes went down. Under the old tax code I would have payed in the past 3 out of 4 years. I paid in one year in 2001 but that was due to my own error. I saved my old 1040s from the old tax code and figured it up and I would have payed in.

The "tab" comes when the debt on this folly is repaid.  The $500,000,000,000 deficit for FY2004 financed these "tax cuts."   But these days, what's a half trillion in debt -- a mere $1,700 per person in the USA was overspent!  Please!  No more MBAs from Haaaarvard.

So, Senator, you owe approx. $5,040 for this year.  Cash, check, or... charge?  Was that a fair trade -- $300 in the hand for $5,040 later?

It is a changed world, my friend on the opposite site of the political universe -- changed indeed that the Dems are now the fiscally responsible party.


- Alfie
a dollar saved is a dollar invested

Debt is relative. I have debt car, house, computer. But unlike the feds I can't print money.

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Senator Statesright- you should spend less time on this forum and more time working to pay your debt back. I cant believe that your a Republican and you have a debt? Are the democrats better with money than Bushs allies? Stop defending the man and earn some cash for your future. bush doesnt give a damn what you think. do it for your wife. starting working more

I put plenty of money away into my 401k with a 18% annual growth rate. Thank you much. I do not carry credit cards and consider myself far better off then most americans swimming in debt because of Visa, Mastercard, etc. Start working more? You have no idea HOW many hours I work or how hard I do work. I can provide for my family thank you much.

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Something went wrong in that last post.
Anways, this is what I said:

Kerry will not be raising income taxes for people who make less than $200,000 a year. That $300 in bribes does not compare to how much your share of the national debt has increased by. It's now around $25k per person. ]

What 25k? You talk so much about this supposed debt. I guess it's supposed to be affecting me. In reality its not, just more propaganda. Bribes? Hell no that's my hard earned money and I DESERVE it back, fair and square. D*mn the feds.

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Something went wrong in that last post.
Anways, this is what I said:

Kerry will not be raising income taxes for people who make less than $200,000 a year. That $300 in bribes does not compare to how much your share of the national debt has increased by. It's now around $25k per person. ]

What 25k? You talk so much about this supposed debt. I guess it's supposed to be affecting me. In reality its not, just more propaganda. Bribes? Hell no that's my hard earned money and I DESERVE it back, fair and square. D*mn the feds.

The national debt is around 7.2 trillion. That's about $25k per man, woman, and child.  It causes higher interest payments on the debt. You can't just keep borrowing at the rates we are (the deficit this year is probably going to be over 5% of GDP, and over 20% of total federal budget, and far more than discrentionary non-military spending). Either we raise taxes now on the rich, or we raise taxes on our grandchildren. I really hope we don't become the next Argentina.

But, in any case, John Kerry will not raise income taxes on people who make less than $200k. Did you know that most working people pay more in wage taxes than income taxes, anyways?

Both taxes have questionable constitutionality. I prefer it if this would pass. Check this Fair Tax!. This act is getting very strong support in Congress and hopefully it would pass as it would mean the END of the IRS and their mafia like ways.