Hey Brad-
While your debunking notions of unfairness, I'm hoping I've been wrong about a couple of situations that I have considered a source of screwing the working class:
That is, if you don't own a business, you have no tax-deferred savings opportunities beyond the $2000/yr IRA, and even if you didn't use that vehicle for many years, no way to recoup.
And if you don't own a biz, but pay your own health insurance premiums, there is no deduction possible.
And, are you saying earlier in your post that because I don't have kids to make me elegible for EITC, then I've lost value in personal exemptions?
Please say it isn't so Brad.
Waiting for good news- Paula