Tuesday, June 24, 2003
THAT GOOD OL' GENEROUS U.S. CONGRESS
There is a stereotype-busting article here about the new prescription drug plan for the elderly that looks like being enacted in the U.S.A. soon. The scheme will benefit ALL older peoople -- not just the impoverished elderly and the article points out that the elderly have far more assets than the working families who will be paying for the program via their taxes. So the whole scheme is grossly unjust.
"It is wrong to increase refundable child tax credits to families with no income tax liability. It's not a question of being stingy; many are genuinely concerned about the growth of a nontaxpaying class that potentially can vote subsidies for itself under the guise of tax reduction." But this article shows that such credits were a GOP idea in the first place.
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