Off-Topic: Socialism Revisited

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	Name:	Council Roc Doc -
	Subject:	Socialism Revisited
	Date:	10/29/2008 8:46:56 AM

GF, you make it sound like the EITC was a Reagan idea. It's basis goes back to 1975. It was revised numerous times and what Reagan noted was that the EITC was being absorbed by the rate of inflation. He attached an inflation adjuster to the credit. It certainly was not HIS plan. You must get your facts straight.

The EITC, as it was proposed, was to encourage people to work. It removed many individuals from the poverty roles with a credit that was phased out after so much money was earned, but certainly was an incentive to get off your butt and work. Unlike O's plan, which is to take my hardworking money and give it to individuals brazenly who don't pay taxes. It pays people to not work.

Other messages in this thread:

View Entire Thread

Socialism Revisited - GoneFishin - 10/28/2008 10:10:53 PM

Socialism Revisited - water_watcher - 10/29/2008 7:00:53 AM

Socialism Revisited - Freshwater Bay Girl - 10/29/2008 7:56:56 AM

Socialism Revisited - MartiniMan - 10/29/2008 7:57:07 AM

Help me understand. - Swimmer27 - 10/29/2008 8:18:48 AM

Socialism Revisited - Council Roc Doc - 10/29/2008 8:46:56 AM

Socialism Revisited - GoneFishin - 10/29/2008 11:07:54 AM

Obama / Marx - PikeSki - 10/29/2008 11:32:28 AM

? - lamont - 10/29/2008 11:41:39 AM

Socialism Revisited - AUCATZ - 10/29/2008 11:51:28 AM

Socialism Revisited - MartiniMan - 10/29/2008 12:12:15 PM

Socialism Revisited - PikeSki - 10/29/2008 12:34:14 PM

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