Our entitlement programs overtax families with children. People who make the financial sacrifices needed to raise children are paying twice for those entitlements, both via their payroll taxes and via those sacrifices. Those who don't have kids benefit in retirement from the fact that others have made those financial sacrifices. The tax credit for children should not be considered a special-interest tax break that we should try to move away from. It should be seen, rather, as a partial corrective to the bias against children in federal fiscal policy — and it should be expanded in order to provide a complete offset.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment