Ah, don’t freight, at least it’s no longer just a tax for the “wealthy”. If it really concerns folks, just setup a few small biz with ample writeoffs…
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– A $500 tax credit ($1,000 a couple) to “make work pay” that phases out at income of $75,000 for individuals and $150,000 per couple.
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Lol, this is like an economic stimulas 2 package. No difference here.
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– A $4,000 tax credit for college tuition.
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Amerikans getting a more edukation.. That ain’t no bad now, right?
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– A 10% mortgage interest tax credit (on top of the existing mortgage interest deduction and other housing subsidies).
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If there is no income restrictions on that, bring it on baby!!!!!
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– An expansion of the earned-income tax credit that would allow single workers to receive as much as $555 a year, up from $175 now, and give these workers up to $1,110 if they are paying child support.
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Translation: get a divorce if you have kids to save on your taxes 🙂
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– A child care credit of 50% up to $6,000 of expenses a year.
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Have 5 children, then get a divorce and combine with your above tax credit for even greater savings 🙂
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– A “clean car” tax credit of up to $7,000 on the purchase of certain vehicles.
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Imho better than giving biz owners that drive big ass SUV’s the full writeoff amount for an escalade.
Nah, don’t worry. Politicians never like to tax themselves to death. So I’m sure if you just follow what Obama is gonna do, you’ll find a way to pay less taxes this year. Last time I checked, neither Obama or McCain are really in the poor house.
