So what do refundable tax credits have to do with Republicans? Everything. And not just because they helped pass the American Taxpayer Relief Act that expanded refundable tax credits.
The worst of the refundable tax credits—the Earned Income Tax Credit—was instituted under Republican president Gerald Ford, increased under Republican president Ronald Reagan and the Republican majority he had in the Senate for six years, expanded under Republican president George H. W. Bush, skyrocketed under Democratic president Bill Clinton even though he had a Republican majority in both Houses of Congress for six years, and continued increasing under Republican president George W. Bush and the Republican majority he had for over four years.
Let me be more specific. The Republicans controlled both Houses of Congress and the presidency from the inauguration of George W. Bush on January 20, 2001, until May 24, 2001, when Republican senator Jim Jeffords switched from Republican to Independent and ended Republican control of the Senate. The Republicans regained control of the Senate in the 2002 midterm election, and then again controlled both Houses of Congress from January of 2003 until January of 2007. This means that for a period of four months and then for a period of four years without interruption the Republicans controlled both Houses of Congress and the White House. The last time the Republicans had absolute control of the government like this was during the first two years of the presidency of the Republican Dwight Eisenhower—1953-1955.
Republicans could have put an end once and for all to the Earned Income Tax Credit and every other refundable tax credit. They could have eliminated them at one fell swoop or they could have eliminated them gradually—but they could have eliminated them.
But just like Republicans didn’t eliminate or scale back other welfare programs when they had the chance, so they didn’t eliminate or scale back any refundable tax credits. Even worse, Republicans have continued to increase funding for refundable tax credits and other welfare programs like Temporary Assistance to Needy Families (TANF), Medicaid, food stamps, the National School Lunch Program (NSLP), Women, Infants, and Children (WIC), energy assistance, housing assistance, the State Children’s Health Insurance Program (SCHIP), and Supplemental Security Income (SSI).
Republicans support the welfare state with same fervor as Democrats. And yet the myth persists that they oppose welfare and the redistribution of wealth and support the Constitution and limited government. In both cases, nothing could be further from the truth.
Those of you who haven’t filed your taxes yet because you owe the government more of your money and are waiting until April 15th to file should keep in mind that millions of Americans rushed to file their taxes at the end of January because they were expecting a large refund of your money, thanks to refundable tax credits. And thanks to Republicans who make it all possible.
flash
April 9, 2014 9:02 am
Repulbipuke shenanagins backfire!
Ha Ha Ha
Llewellyn H. Rockwell, Jr.
As part of their effort to make sure Ron Paul had his delegates stolen from him, and that they stayed stolen, the Romneyites rigged GOP convention rules in 2012. Will this now come back to haunt the Republicans? Let’s hope so.
2:49 pm on April 7http://www.forbes.com/sites/rickungar/2014/04/07/dramatic-little-known-gop-rule-change-takes-choice-of-presidential-candidate-away-from-rank-and-file-republicans-and-hands-it-to-party-elite/, 2014
.
And you think thahttp://www.voxday.blogspot.com/2014/04/short-sighted-gop-rules-lawyers.htmlt these breathtakingly dishonest idiots are going fix everything that Obama has wrought? Or anything, anything at all? The odds are very good that they’ll make things considerably worse, as was the case with the Bush administration. Don’t vote Republican if you value freedom, small government, or the Constitution. Don’t be under the illusion that Republican rule will make things any better at all. Republicans are every bit as guilty of the destruction of the United States of America as their Democratic partners in crime. Vox Day
Econman
April 10, 2014 5:37 pm
Jeb Bush vs. Hillary Clinton in 2016.
To tell U the truth, I think Vladimir Putin would be a better choice for US President.
Let’s see:
He loves his country, seems like he’d die for it, uses the money coming in to buy gold & fund a surplus, spends Russian money on Russia & Russians…&, the Russians still manufacture their own stuff. They make deals with China, but they don’t stupidly send all their manufacturing there. They practice trade, not aid, like the writers of the US Constitution wanted.
Hey, now I know why they hate him. He makes the DC crowd look like the traitorous idiots they are.
They don’t call the GOP the party of stupid for nothing.
So what do refundable tax credits have to do with Republicans? Everything. And not just because they helped pass the American Taxpayer Relief Act that expanded refundable tax credits.
The worst of the refundable tax credits—the Earned Income Tax Credit—was instituted under Republican president Gerald Ford, increased under Republican president Ronald Reagan and the Republican majority he had in the Senate for six years, expanded under Republican president George H. W. Bush, skyrocketed under Democratic president Bill Clinton even though he had a Republican majority in both Houses of Congress for six years, and continued increasing under Republican president George W. Bush and the Republican majority he had for over four years.
Let me be more specific. The Republicans controlled both Houses of Congress and the presidency from the inauguration of George W. Bush on January 20, 2001, until May 24, 2001, when Republican senator Jim Jeffords switched from Republican to Independent and ended Republican control of the Senate. The Republicans regained control of the Senate in the 2002 midterm election, and then again controlled both Houses of Congress from January of 2003 until January of 2007. This means that for a period of four months and then for a period of four years without interruption the Republicans controlled both Houses of Congress and the White House. The last time the Republicans had absolute control of the government like this was during the first two years of the presidency of the Republican Dwight Eisenhower—1953-1955.
Republicans could have put an end once and for all to the Earned Income Tax Credit and every other refundable tax credit. They could have eliminated them at one fell swoop or they could have eliminated them gradually—but they could have eliminated them.
But just like Republicans didn’t eliminate or scale back other welfare programs when they had the chance, so they didn’t eliminate or scale back any refundable tax credits. Even worse, Republicans have continued to increase funding for refundable tax credits and other welfare programs like Temporary Assistance to Needy Families (TANF), Medicaid, food stamps, the National School Lunch Program (NSLP), Women, Infants, and Children (WIC), energy assistance, housing assistance, the State Children’s Health Insurance Program (SCHIP), and Supplemental Security Income (SSI).
Republicans support the welfare state with same fervor as Democrats. And yet the myth persists that they oppose welfare and the redistribution of wealth and support the Constitution and limited government. In both cases, nothing could be further from the truth.
Those of you who haven’t filed your taxes yet because you owe the government more of your money and are waiting until April 15th to file should keep in mind that millions of Americans rushed to file their taxes at the end of January because they were expecting a large refund of your money, thanks to refundable tax credits. And thanks to Republicans who make it all possible.
Repulbipuke shenanagins backfire!
Ha Ha Ha
Llewellyn H. Rockwell, Jr.
As part of their effort to make sure Ron Paul had his delegates stolen from him, and that they stayed stolen, the Romneyites rigged GOP convention rules in 2012. Will this now come back to haunt the Republicans? Let’s hope so.
2:49 pm on April 7http://www.forbes.com/sites/rickungar/2014/04/07/dramatic-little-known-gop-rule-change-takes-choice-of-presidential-candidate-away-from-rank-and-file-republicans-and-hands-it-to-party-elite/, 2014
.
And you think thahttp://www.voxday.blogspot.com/2014/04/short-sighted-gop-rules-lawyers.htmlt these breathtakingly dishonest idiots are going fix everything that Obama has wrought? Or anything, anything at all? The odds are very good that they’ll make things considerably worse, as was the case with the Bush administration. Don’t vote Republican if you value freedom, small government, or the Constitution. Don’t be under the illusion that Republican rule will make things any better at all. Republicans are every bit as guilty of the destruction of the United States of America as their Democratic partners in crime. Vox Day
Jeb Bush vs. Hillary Clinton in 2016.
To tell U the truth, I think Vladimir Putin would be a better choice for US President.
Let’s see:
He loves his country, seems like he’d die for it, uses the money coming in to buy gold & fund a surplus, spends Russian money on Russia & Russians…&, the Russians still manufacture their own stuff. They make deals with China, but they don’t stupidly send all their manufacturing there. They practice trade, not aid, like the writers of the US Constitution wanted.
Hey, now I know why they hate him. He makes the DC crowd look like the traitorous idiots they are.