How much would the Earned Income Tax credit increase under Obama's plan?

Obama plans to triple the earned income tax credit. So that people who are already getting back more than they are paying in will get three times as much.





It is a blatant socialist wealth redistribution program.







How much would the Earned Income Tax credit increase under Obama's plan?
Under the Obama-Biden plan, full-time workers making minimum wage would get an EITC benefit up to $555, more than three times greater than the $175 benefit they get today. If the workers are responsibly supporting their children on child support, the Obama plan would give those workers a benefit of $1,110. The Obama-Biden plan would


also increase the EITC benefit for those families that are most likely to be in poverty – families with three or


more children.
Reply:He says he will "expand" the earned income tax credit. More people won't pay taxes. The "Rich" people who will see a tax increase will foot the bill. Spreading the wealth......
Reply:Up to $555 for minimum wage earners and $1110 for those paying child support. It is on page three of my link.
Reply:40% of people don't pay taxes. That means that the Treasury Dept. will send a check (from your money and mine) to those people.
Reply:0 thanks for the 2 troll.
Reply:zero
Reply:It's another Republican smeer, it wont!!!! You sound almost as ridiculous as this fool!!!!





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