Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

WCGreen

(45,558 posts)
Wed Sep 19, 2012, 06:40 PM Sep 2012

Mitt and Twit, the Earned Income Tax Credit is a clear redistribution of wealth from

tax payers to those who are working and yet not earning enough to support themselves or their family...

The EITC came in under Nixon was strengthened by Reagan and Bush, the elder.

That's redistribution, my Friend, front and center.

Does this mean you are going to get rid of this highly successful program because it redistributes funds downward.

And what about Food Stamps which basically redistribute money to farmers in order to keep the price of crops stable.

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Mitt and Twit, the Earned Income Tax Credit is a clear redistribution of wealth from (Original Post) WCGreen Sep 2012 OP
Actually, it relieves the pressure on employers to offer a living wage in the first place! hedgehog Sep 2012 #1
That was exactly what I said on another post on EITC.... WCGreen Sep 2012 #2
And is therefore darkstar Sep 2012 #3
He has said, very plainly, that he doesn't believe in the redistribution of wealth. CaliforniaPeggy Sep 2012 #4
They would very much like to eliminate the EIC. dawg Sep 2012 #5
i am afraid you are so true, Dawg... WCGreen Sep 2012 #6

CaliforniaPeggy

(149,614 posts)
4. He has said, very plainly, that he doesn't believe in the redistribution of wealth.
Wed Sep 19, 2012, 07:51 PM
Sep 2012

I guess he doesn't care about the things you've mentioned, even though they're good for the country...

dawg

(10,624 posts)
5. They would very much like to eliminate the EIC.
Wed Sep 19, 2012, 07:54 PM
Sep 2012

It would be a huge source of revenue that could be used to offset upper-income tax cuts. And they would love to stick it to those "lucky duckies".

WCGreen

(45,558 posts)
6. i am afraid you are so true, Dawg...
Wed Sep 19, 2012, 08:20 PM
Sep 2012

That's how we here in Cleveland spells dog, as in the Dawg Pound...

Latest Discussions»General Discussion»Mitt and Twit, the Earned...