http://ift.tt/1rKexOA
When that expires in 2017, parents will have to make a minimum of 15k$ to qualify for the credit.
Now 15k$ is not remotely rich. It's about 500 dollars ABOVE a full-time minimum wage job according to the article, and yes, more details would be useful there. Above. Who would have thought that? Almost like it was intentional.
The appalling part is that they extended this to families earning up to 205k$/year. The appalling part about the article is that it does not say what the upper limit was before.
It also pulls benefits for legal, American-born citizens with undocumented parents.
The article could use some more specifics on exactly how much the limit was raised. It could have pointed out that it pulls benefits from legal citizens due to the sins of their fathers rather sooner.
Quote:
But the new measure fails to extend the part of the credit that was passed in 2009 to help impoverished families and that currently allows parents with annual earnings as low as $3,000 to claim some of the break. |
When that expires in 2017, parents will have to make a minimum of 15k$ to qualify for the credit.
Now 15k$ is not remotely rich. It's about 500 dollars ABOVE a full-time minimum wage job according to the article, and yes, more details would be useful there. Above. Who would have thought that? Almost like it was intentional.
The appalling part is that they extended this to families earning up to 205k$/year. The appalling part about the article is that it does not say what the upper limit was before.
It also pulls benefits for legal, American-born citizens with undocumented parents.
The article could use some more specifics on exactly how much the limit was raised. It could have pointed out that it pulls benefits from legal citizens due to the sins of their fathers rather sooner.
via JREF Forum http://ift.tt/1rKexOC
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