Baby Tax
Posted By: Dr. Frugal in Taxes on 12/11/2007 at 06:46:36
Fortunately, because I only have two kids (with no desire for more), I would exempt from the proposed baby tax. Because I'm a parent you might think I would be vehemently opposed to this but in reality I think it's a fantastic idea. Anything that would help curb the amount of babies would be wonderful in my opinion.
My wife and I are both in our early 30s and we're in a financial position that if we wanted more kids we could probably afford both them and their proposed taxes. Since the proposal would start at child #3, I don't think it would really do anything more than ensure only people in financially-capable homes are having excess children. I hate to say it, but let's face it--children coming from financially stable homes are, I'm guessing since I've seen no formal stats, more likely to do well throughout their childhood.
Comments
Posted by Tax Problems at January 2, 2009, 12:36 pm:
I actually had a problem with my taxes last year. I was hurt and was put on FMLA. After being on that for 2 months I guess I didn't have my taxes taken out of my weekly checks. So I guess I owe money now...right?
Posted by Tax Attorneys at October 11, 2010, 7:03 am:
I admire the way you express yourself through writing. Your post is such a refreshing one to read. This is such an interesting and informative article to share with others. Keep up the good work and more power. Thanks!
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