Labor Trends

Minimum-Wage Families May Not Get Child Credit
Let’s talk about a subject of sore eyes, as many of us know by now that the recent tax cut that usually helps out the poor or the low income is not going to happen. It is more directed to the high income person or family. In this research I used the following website the http://www.cwa-union.org/news (Communications Workers of America, AFL, CIO, and CLC)
As stated in this article that was states that President Bush and his cabinet at the last-minute revision by Republican leaders in the House and Senate means that the $400 rebate check that most families with children will get this summer won't go to the lowest-income working parents.
Because of the formula for calculating the credit, most families with incomes from $10,500 to $26,625 will not benefit," according to the Times story. "The Center on Budget and Policy Priorities, a liberal group, says those families include 11.9 million children, or one of every six ch...