ProudLefty
Well-Known Member
- Joined
- Jul 8, 2011
- Messages
- 585
I don't think its meant to help out with baby sitting since I get to deduct my babysitting fee's also
a reward for working instead of watching TV? Why should other citizens be forced to reward me for doing the right thing? That seems odd to me.
a few years from now, when my child is not at home anymore I will not be rewarded for doing the right thing anymore with OPM.
There are many ways to get citizens to do desired behaviors. Everything from gun butts to the face to cookies and cake afterwards.
We as a society have found using the tax code to encourage the behavior we prefer is a very cost effective way to get desired behavior from the masses. Why else would we allow home mortgage interest to be deductible?
The whole idea of the EIC is that by the time your child leaves home, you will have had 15+ years of desired behavior, and you will be well employed and paying taxes ( some of which will be going to your child's generation so they can repeat the pathway you took. You will be paying back for 30 years what you took in benefits for 18 years. Its a pretty good plan.