Seniors Urge Governor To Veto Bill That Gets Rid of Low Income Tax Credit

[napi21]

The bill would eliminate a state tax credit for people who make less than $20,000 a year. Georgia’s poor and elderly are urging the governor to veto a bill that would eliminate a tax credit for people who make less than 20,000 dollars a year, but other aspects of the bill may prevent that.

Sixty-nine year old James Fabors is a retired cook living on a fixed income of about $10,000 a year. He’s gotten the state’s low income tax credit for the past five years and says he depends on the money to pay medical bills.

"I’m scuffling trying now trying to make ends meet. Everything you got now you got to spend here, spend there pay taxes," says Fabors. "They took the cost of living from us, okay. Now they want to take $52… what else they going to take from us?"

Fifty-two dollars is the most a person can get from the tax credit. It was created two decades ago to help poor people with an additional penny sales tax. Cutting it would save the state $21 million.

But the bill also gives a $10 million tax break for investors of small start-up companies, and it includes the popular tax credit for energy efficient appliances.

The governor says he hasn’t reviewed the bill yet.

http://www.gpb.org/news/2010/05/11/seniors-urge-governor-to-veto-bill-that-gets-rid-of-low-income-tax-credit


$54 aa year and theGovernor has to THINK ABOUT IT? What else makes up $21 MILLION? Somehow I can't believe there are that many perople making so little to create that large of an expense. That would be 38 MILLION PEOPLE! The entire State of Georgia only had 9 million residents in 2009!
http://www.google.com/publicdata?ds=uspopulation&met=population&idim=state:13000&dl=en&hl=en&q=population+of+georgia

Just how much of this BS do theythink I'm going to swallow???

[Warpy]

1. Please condense that and write it in a LTTE

of your local paper. That's the kind of thing that needs to be seen so that people won't take Republican funny numbers at face value.

Just when I think they've done the meanest thing possible, they just get meaner.

[bluestateguy]

2. When Republicans talk about tax cuts, they never seem to include sales taxes in that

Probably because sales taxes are nice and regressive, the way conservatives like taxes to be.

I don't know about you, but I felt taxed without representation at having to pay any sales taxes at all when I was 12 years old and had to pay sales taxes when I went to the music store to buy a cassette tape. I had to pay the taxes but could not vote for the people that made the sales tax policies.

[sandnsea]

3. 21 mil divided by $52 = 403,846

And I do believe there are that many people in Georgia benefitting from the tax cut. And they should continue to because no one making less than $10,000 a year should be paying ANY tax.

Investors and people buying new appliances - why they need tax breaks. People who can't even afford to buy medicine - nah, no need to help them.

[napi21]

4. Ooooo...my bad! Bad division there! It's still not right to

penalize those very poor people and deny them all of $52 for THE YEAR! So far I'm not one of them, but if I die or my husband dies, one of us will be!

[sandnsea]

5. I agree completely

It's unbelievable that they would even consider taking that tax credit away, or that their tax is even structured to make those people pay in the first place. I could easily be in that boat when I hit 65 too, or sooner!

[Wilms]

6. When it comes to the poor they say, "The bill would eliminate a state tax credit..."

Were it the rich having a credit expire it would be called "raising taxes".

The intellectual dishonesty will be the death of this culture.

[villager]

7. "The Law, in its majesty, forbids both rich and poor alike from sleeping under bridges"

I think Mendes-France had it right...

And I wonder at what point the poor are going to stop relying on "the system" to be kind to them, and start taking to the streets in interesting and surprising ways...

[xchrom]

8. More salt on the great American wound. Nt