Higher income earners’ children are more valuable to our nation?
Regulations determine the values of higher income earners’ dependents are of greater per capita values than those of lesser earners.
Income tax payers are generally entitled to a $3900 reduction from their taxable incomes for themselves and each of their dependents.
Proponents of our current practice believe this policy properly rewards payers of greater taxes more per capita benefits than those in the lower income brackets.
I’m among proponents for the actual value of our per capita income tax considerations not being completely dependent upon the taxpayers’ income brackets. The per capita benefit due to a taxpayer should be dependent children or parent should be of uniform value regardless of the taxpayers’ income brackets or the purchasing power of the U.S. dollar during each taxable year.
We advocate the per capita be a uniform amount of tax credits rather than deductions from taxable incomes. Initially that amount should be a revenue neutral amount. After the change’s enactment, that amount should be annually reviewed and when necessary adjusted to comply with the variable federal cost-price index number.
Respectfully, Supposn
Regulations determine the values of higher income earners’ dependents are of greater per capita values than those of lesser earners.
Income tax payers are generally entitled to a $3900 reduction from their taxable incomes for themselves and each of their dependents.
Proponents of our current practice believe this policy properly rewards payers of greater taxes more per capita benefits than those in the lower income brackets.
I’m among proponents for the actual value of our per capita income tax considerations not being completely dependent upon the taxpayers’ income brackets. The per capita benefit due to a taxpayer should be dependent children or parent should be of uniform value regardless of the taxpayers’ income brackets or the purchasing power of the U.S. dollar during each taxable year.
We advocate the per capita be a uniform amount of tax credits rather than deductions from taxable incomes. Initially that amount should be a revenue neutral amount. After the change’s enactment, that amount should be annually reviewed and when necessary adjusted to comply with the variable federal cost-price index number.
Respectfully, Supposn