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Crack in the Far Right World

97
Killgore Trout8/21/2010 7:37:50 pm PDT

re: #87 karmic_inquisitor

Another issue on tax credit based subsidies - if someone is not making enough money to itemize it rarely makes sense. So the subsidy usually goes to high income households because they are generally the ones able to use the credit.

If the credit were refundable then the numbers would change for a lot of people.

Yeah, that’s my issue. I’m low income and self employed so the Tax Credits won’t do me much good. Even if there was a flat out cash subsidy it would have to be around 50% for it to make financial sense for me.
The technology just isn’t there yet. Hopefully soon but it’s just not economical at this point.