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Tagged: deductions

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October 16, 2012
21:33 • 8 months ago
I think what grows the economy is that when you get that tax credit that we put in place, your kid can go to college.
Barack Obama, on his support for middle-class income tax deductions. So far, both candidates have tried to appeal to the ability of parents and children to afford college, with Romney pledging to grow Pell grants near the start of the evening.
February 17, 2011
20:58 • 2 years ago

mgolladwyne says: well, it’s not really a deficit crisis is it? TPM reports that WI gov. walker “ginned up the books” on this one: tpmdc.talkingpointsmemo…

» We say: Interesting to note (and we suggest you all read the link), but one point worth pointing out – and this is something The Capital Times, which TPM quoted, has wrong.The issue here is not $140 million in new spending for special-interest groups, but rather lower revenues from three credit-and-deduction-based initiatives. So yes, these do mean the state has lower revenues, but it’s not because of special-interest spending. (Oh, and read the document directly – it’s informative.)

 

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