I do envy your love for your children and their love for you. Unfortunately that will be something I will probably never experience.
But my question would be, could you afford living, as it is now, without the child tax breaks?
Also
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Originally Posted by bry623
I don't own my home, should homeowners not get to deduct interest? That's not fair to non home-owners.
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I do own my home and no, I don't get to deduct intrest. My house is paid for.
I never had a house loan, so I don't know what it's like to get tax credits for that. I don't have anything to claim on my income tax. I just pay out and never get any type of credits. I guess a person that lives responsively doesn't win a prize. They just get the shaft. And the person that lives out of their means, gets everything handed to them.
Sounds fair don't it.
This is another reason they should just abolish income tax and just impose a federal sales tax that would be non-exempt. This way everyone pays.