as American taxpayers keep a steady eye on April 15, only 65 days away, many will notice that the $500 per child tax credit passed by the Republican Congress in 1997 will make things a little easier this year. For those with children, the pain of April 15 will be mitigated somewhat because the Republican Congress passed legislation allowing middle class families with children to keep a little bit more of what they earned. Let us remember a key point that seems to be overlooked by those on the other side of the aisle: Washington did not ``give'' anything to millions of middle class families with children; Uncle Sam is merely allowing them to keep a little bit more of what already belongs to them. This legislation was passed because Republicans think the tax burden on the middle class is too high. Revenues to Uncle Sam are at record levels. Taxes paid in Washington have risen steadily higher since the days of Ronald Reagan ended. The idea that the Federal Government, of all things, can be trusted better to spend our money than the people that earned it, is simply mind-boggling.
Cass Ballenger: “as American taxpayers keep a steady eye on April 15, only 65 days away, many will notice that the $500 per child tax…”
Editor's note · Context
Discussing the impact of the $500 per child tax credit on middle class families.
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