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Is there such a thing as good debt? What do you suppose bad debt is? And what kind do you have? Debt Special Thanks to our Online Marketing Agency, SimpleImp for their invaluable contribution to this site's continued success. I strongly suggest that if you are serious about what you do online, these are the talented people you need to contact to see your effort payoff. |
Income limits to qualify for this child credit are also not indexed for the effects of inflation. $110,000, the ceiling for the proposed full credit is really worth $81,100 if, of course the full credit is available in 2011. There are several million families that would not get the credit because of those numbers. That is huge and because things might be different by then. You can bet the inflation index won't be less. The Senate bill will provide for a credit for the working poor, even if they pay no income tax. But to keep them in their place, the Finance Committee took the time to add in a reverse inflation index to keep the working poor from gaining ground on the credit if their income increases. |
