Child tax credits and earned income credits

Discussion in 'Politics' started by sickofpeople, Jan 9, 2013.

  1. sickofpeople
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    sickofpeople Rookie

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    Okay so I'm new here, but I have read enough to know that there are sooooo many different viewpoints. So let me ask you this....
    What is your view on the child tax credit and earned income credit? Should we be giving these tax credits? Tell me what you think.
     
  2. SniperFire
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    SniperFire Senior Member

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    If you are going to start a thread, why not you tell us first what you think?

    You could postulate, for example, that an arbitrary government confiscation of a person's property based solely on how much semen one spreads around violates equal protections under the Constitution. That might be an interesting thread.


    Have a take, then post.
     
    Last edited: Jan 9, 2013
  3. sickofpeople
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    sickofpeople Rookie

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    Okay I'm new. So I think there are 2 types of people who get these credits,

    Type 1 - People who are working as little as possible, collecting everything they can take, having more kids than they can afford, and then banging us literally with the earned income credit, and the child tax credit.
    Type 2 - People who lost their job through no fault of their own. People who have worked and paid into the system for many years, and now have to take a job for much less than they were making previously. These are the people that are working as many hours as they can and trying to climb the ladder back up to where they were.

    Here's my question?
    Should we cut off type 2 in order to punish type 1?

    Here's my opinion, If type 2 has worked hard and paid into the tax base for many years, they should be "entitled" (yes I said it) to the tax credit.
    I think there are more type 2's in the world. I think we should continue to try to work on solutions for type 1, but we might need to "take one for the team" in order to help type 2. After all, we can't argue that jobs were falling off of the cliff in 2008, and there were staggering numbers of layoffs. There are too many type 2's, and if we aren't careful they can turn into type 1's.
    So, in a nutshell....
     
  4. uscitizen
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    uscitizen Senior Member

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    Why should you pay less taxes because you chose to have children?
    Your children put more tax burden on society, and yet you get a tax break for having them.
     
  5. SniperFire
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    SniperFire Senior Member

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    Child tax credit and EIC are different things. Your type 1 and 2 example fails because of it.
     
  6. sickofpeople
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    sickofpeople Rookie

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    I understand that they are 2 different things. They are both examples of tax credits that I have heard people complain about.
    So what if I were to take the child tax credit out of the example, and just leave the EIC?
     
  7. SniperFire
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    SniperFire Senior Member

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    You would have a confusing, rambling and uninteresting thread.
     
  8. Skull Pilot
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    Skull Pilot Platinum Member

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    There should be no deductions for having kids and all tax credits should be gotten rid of.

    If you have an income you should get taxed on the gross.
     
  9. NYcarbineer
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    NYcarbineer Diamond Member

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    The real reason we have so many tax breaks directly related to someone's having children is that people with children are one of the largest most powerful special interest groups in the country.
     
  10. SniperFire
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    SniperFire Senior Member

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    ^ blind hog finds acorn.
     

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