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Taxes Are Not Patriotic?

January 25, 2010

Some good stuff here, but I thought the VP said paying taxes was

our patriotic duty?

A five-point plan of ‘investments for middle class families,’ based on the work of Vice President Biden’s Task Force on Middle Class Families: 1) Nearly Doubling the Child and Dependent Care Tax Credit for middle class families making under $85,000 a year. This is accomplished by increasing their tax credit rate from 20% to 35% of qualifying expenses. … 2) Limiting a student’s federal loan payments to 10 percent of his or her income above a basic living allowance. … 3) Creating a system of automatic workplace IRAs, requiring all employers to give the option for employees to enroll in a direct-deposit IRA. 4) Expanding tax credits to match retirement savings and enacting new safeguards to protect retirement savings, making it easier for families to plan for retirement. 5) Expanding support for families balancing work with caring for elderly relatives, helping them manage their multiple responsibilities and allowing seniors to live in the community for as long as possible.

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