> The header is inaccurate &the text below misleading.
> What was not included in the tax bill was an expansion
> of the Child Tax Credit that is still due to take effect
> in 2005 that might have been speeded up, along with all
> the stuff for higher income persons. There is no
> elimination of any existing credit.
>
But, regardless of the details in reporting, isn't the point really that part of the package, skewed as it is towards dividend and capital gains tax reductions ($149 out of $350 billion worth), provided a very minor (almost cosmetic) concession to the greater population via this child tax credit, and then reneged.
So, though not cutting an existing credit, the final version did reduce a throw-it-in-as-a-bone tax credit measure for millions of people in the final moments, right?
Nomi -------------- next part -------------- An HTML attachment was scrubbed... URL: <../attachments/20030531/67e26133/attachment.htm>