Fraud damnit Under the terms of the $444 billion agreement, lawmakers would phase out all tax breaks for clean energy and wind energy but would maintain fossil fuel subsidies. Expanded eligibility for the Earned Income Tax Credit and the Child Tax Credit would also end in 2017, even though the Center for Budget and Policy Priorities estimates that allowing the provisions to expire would push “16 million people in low-income working families, including 8 million children into — or deeper into — poverty.” The proposal would help students pay for college by making permanent the American Permanent Opportunity Tax Credit, a Democratic priority. thinkprogress.org/economy/2014/11/25/3596971/congress-to-end-tax-breaks-for-middle-class-provide-permanent-relief-to-large-corporations/
Posted on: Wed, 26 Nov 2014 01:34:54 +0000
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