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Old 2012-10-19, 06:16   Link #1602
ganbaru
books-eater youkai
 
 
Join Date: Dec 2007
Location: Betweem wisdom and insanity
Analysis: "47 percent" lament belies Republican tax credit support
http://www.reuters.com/article/2012/...89I08T20121019
Quote:
A key reason: The breaks in question - the earned income tax credit and the child tax credit - are based on core Republican philosophies of encouraging work to lift people out of poverty, Republican aides and many conservatives say.

The number of Americans not owing federal income taxes has been growing since the mid-1980s, and the increase largely stems from expansion of these two tax credits - championed by Republicans from conservative economist Milton Friedman to former President Ronald Reagan.

"It is absolutely true - there is some degree of disconnect between complaining about the 47 percent and yet supporting the policies that brought it about," said economist Alan Viard of the conservative-leaning American Enterprise Institute.
''To be disconected'' and ''to be Republican'' should be considered to be synomimous for now.
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