Sunday, December 23, 2012

The Latest War on Single Moms

By Irin Carmon

December 20, 2012  |  The United States offers the worst support structure for single parents among all comparable countries — and if anything like House Speaker John Boehner’s Plan B carries the day, it’s about to get worse.

Republicans used to love [3] the earned income tax credit and the child tax credit, because they incentivized paid labor and used the tax code instead of cash assistance or programs to help low-income parents, most visibly single mothers. But that was before the cry against the 47 percent, a substantial portion of whom didn’t pay taxes because of such credits.

In the Washington Post, Jamelle Bouie points [4] to an analysis [5] by the Center on Budget and Policy Priorities showing that the two tax credits for low-income families will be slashed under Plan B: “A mother with two children who works full time at the minimum wage of $7.25 and earns $14,500 a year would lose $1,560 of her Child Tax Credit, which would plummet from $1,725 to $165.”

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