Bruce Bartlett on the "tax cut" for non-tax payers and the power of the NY Times. One question, why can't Bartlett talk straight? Here he is on the so-called "tax cut":
the Senate included a provision that increased refundability of the child credit, which is being raised from $600 to $1,000. Under current law, the credit is refundable for those with an income tax liability less than the credit to which they are otherwise eligible. But refundability is limited to 10 percent of a taxpayer's earned income above $10,500. It is scheduled to rise to 15 percent in 2005, and the Senate would have speeded up that increase to this year.
This would give George Orwell headaches. Why not call a welfare check a welfare check?
Posted by Greg Ransom