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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: JBTFD who wrote (25069)11/5/2004 11:11:35 AM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
"Doesn't help them at all"

mark, the point here is since they are already paying no tax, the goal would be to set up a system that doesn't hurt them buy increasing their tax from zero.

we already have a tax rebate for lower income workers who don't pay taxes...

the EIC,

there is also the child tax credit

there could be an additional layer of tax credit for sales taxes to offset...as long as the tax credit is sufficiently high to keep it on the same level of progressivity as the current income tax scheme, it doesn't hurt them...