Thursday, August 02, 2012

ROI: Be Careful What You Cut!

Why cuts to Tax Credits cost us all


When it comes to fixing the deficit, be careful what you cut.

Eliminating the Earned Income Tax Credit now would increase child poverty by 23 percent in the future.

And since poor children are more likely to drop out of high school, they are less likely to find steady work as adults.

Not to mention that paying for each year of high school dropouts costs us more than $125 billion over the course of their lifetimes.

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3 comments:

Anonymous said...

This poor black child grows up to be a white homeless man? :)

It is a great point otherwise.

Larry James said...

Race is no factor when it comes to true humanity and pain.

Anonymous said...

How sanctimonious! The taxpaying minority will pay either way