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About 25 million taxpayers are now receiving checks of up to $400 per kid, thanks to the expanded child credit in President Bush's tax-cut law. The Financial Planning Association, a trade group, says it's smarter to save the cash than to spend it. Some suggestions...

Author: /time Magazine | Title: Money: The Child Tax Credit: Save It | 8/11/2003 | See Source »

Klein's complaint about low-income families' not receiving the child tax credit from Bush's tax cut reflected unsound thinking. Overpopulation demands that no rational government provide economic incentives for further procreation. Six billion humans is way too many. Even if more people were needed to provide a larger labor force, we certainly should not be giving incentives to those individuals who seem to be least able to care for their children. The omission of the child tax credit from the tax-cut bill was arguably the best part of the legislation. MIKE WHITE Baltimore...

Author: /time Magazine | Title: Letters: Jun. 30, 2003 | 6/30/2003 | See Source »

...nudges” that ultimately we have no idea what he’s trying to tell us. After years of pussyfooting moderateness in the House, he appeared last month with his behemoth Health Care Plan to End All Health Care Plans (not to mention Bush’s tax-cut plan). Gephardt wants very badly to be Clinton. Clinton had so fully mastered the art of chicanery that we all relished those little winks. He was like a magician: we knew we were being bamboozled, but that’s what we paid admission for. Gephardt does not have...

Author: By Nathaniel A. Smith, | Title: Stuck in the Middle with You | 5/16/2003 | See Source »

...When House leaders learned about my agreement...they proved tantrums aren't restricted to the 2-years-and-younger crowd." CHARLES E. GRASSLEY, Republican Senate Finance chairman, on his effort to reduce the size of President Bush's tax-cut package...

Author: /time Magazine | Title: Verbatim: Apr. 28, 2003 | 4/28/2003 | See Source »

...When House leaders learned about my agreement ... they proved tantrums aren't restricted to the 2-years-and-younger crowd." CHARLES E. GRASSLEY, Republican Senate Finance chairman, on his effort to reduce the size of President Bush's tax-cut package...

Author: /time Magazine | Title: Verbatim | 4/21/2003 | See Source »

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