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Earned Income Tax Credit

An Open Letter to Magic Johnson

Don McNay | Posted 05.23.2009 | Business

Read More: Checking Account, Michigan State Spartans, Magic Johnson, Irs, Earned Income Tax Credit, Loan Sharks, California Attorney General, Internal Revenue Service, Michigan State University, Eitc, 2009 Ncaa Tournament, Ncaa, Don McNay, Payday Loans, Basketball, Dream Team, Los Angeles, College Basketball, Mcdonalds, Working Poor, Los Angeles Lakers, Check-Cashing-Store, Jackson Hewitt, Tax Refunds, Banking, Refund-Anticipation-Loans, Louisville, Kentucky, Lexington KY, Nba, Personal Finance, Business News
Don McNay

Who is the real Magic Johnson? The friendly guy who raises money for charities or the guy who encourages people to get high interest loans they don't need?

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Magic Johnson and the Tax Refund Rip-off

Don McNay | Posted 05.08.2009 | Business

Read More: Magic Johnson, Michigan State, NCAA Tournament, MC Hammer, 2009 Ncaa Tournament, Larry-Bird, Irs, Instant Gratification, Ed McMahon, Louisville, Kentucky, Lexington KY, Personal Finance, Interest Rates, H&R Block, Payday Lending, Dream Team, Michigan State Spartans, Fdic, Earned Income Tax Credit, California Attorney General, Internal Revenue Service, Dick Durbin, Michigan State University, Eitc, Ncaa, Don McNay, Payday Loans, Credit Cards, Republic Bank, IRS Tax Refunds Delayed, Los Angeles, College Basketball, Working Poor, HIV/AIDS, College Basketball Tournament, Los Angeles Lakers, Jackson Hewitt, Tax Refunds, San Francisco Chronicle, Banking, Tax-Anticipation-Loans, Nba, Business News
Don McNay

Because of Johnson, the tax refund business might stick around, luring in more millions of Americans.

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What About Welfare?

Philip N. Cohen | Posted 02.27.2009 | Politics

Read More: Welfare, Women, Unemployment, Poverty, Economic Stimulus Package, President Obama, Taxes, Women's Rights, Earned Income Tax Credit, Food Stamps, Women's Issues, Low-Income, Welfare Reform, Women Childcare, Children, Money, Barack Obama Taxes, Jobs, Low-Income Children, 1990s, Income Tax, 1980s, Kids, Childcare, Tax Cuts, Poor, Head Start, Working Families, Families, Politics News
Philip N. Cohen

The present plan includes tax cuts that will benefit even those too poor to pay taxes, and includes $4 billion for child care services for low-income families.

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Newt Gingrich and the GOP's New Welfare Talking Points

Robert Schlesinger | Posted 12.22.2008 | Politics

Read More: Tax Credits, Newt Gingrich, Earned Income Tax Credit, Politics News
Robert Schlesinger

Remember welfare? The GOP does, fondly. Not that they want pre-Clinton welfare programs back, they just want the issue back (kind of how they miss the...

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Reagan the Redistributor: Check Out the Earned Income Tax Credit

Paul Abrams | Posted 11.28.2008 | Politics

Read More: Taxes, John McCain, Earned Income Tax Credit, Ronald Reagan, Economy, Barack Obama, Politics News
Paul Abrams

The earned income tax credit, providing additional income to people below certain income levels, was expanded in 1986 by... could it be... Ronald Reagan. He was a redistributor.

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