childre and tax incentives
I just ran across a few comments on other sites implying an unfairness with how tax incentives are divided among those with and those without children. It seems the childless commenter isn’t too keen on the fact that there are several tax breaks that “reward” people for having children. Well, it’s true, my deductions and tax credits are greater because I have a child — is it enough to get rich on, not at all. In fact, I’d be much better off financially if I didn’t have children. But, I guess these comments get to me when you consider the long term financial health of our country — if people do not have children, then we won’t have an employment or income base for our economy.
I guess this is partial incentive to look up the financial implications for those countries facing negative growth and how they are dealing with the reality that having less kids means they country has less money. Of course, my plate is pretty full and I doubt I’ll get around to that anytime soon. Instead, I’m be happy that there are some financial relief for people who are reproducing and will keep quite about all the other complaints of support that should but don’t happen.
Enough Wealth
January 27th, 2008 20:35
Taxpayers are always unhappy seeing their taxes spent on things they don’t get any personal benefit from. But for some reason they are usually less upset about generalised spending on education, health, defence compared to “breaks” that other people get that they aren’t entitled to.