Earned Income Tax Credit, huh?



Photo courtesy of my wife Kathleen Leavitt Cragun & Flickr

Call it what it is please.

My oh my, the words and phrases our bureaucrats and politicians come up with. If we are going to win our Country back we have to be smart, be thinkers, and be willing to learn. Just taking a little bit of time to understand, ask questions, do a Google search, or thinking can play a big role in combating the anti American agenda.

The earned income tax credit is an example. I am amazed how many people don't really know what it is. Just last week a friend asked me what it was. If you are a producer you are likely to pass over the concept as you probably pay taxes. For sure if you don't get it you are not in the 47% Romney was  caught talking about.

The devious term is actually an additional form of welfare. Know it for that. Simply put, if you don't claim enough income, you  might just qualify for a CHECK. The fact you may not have to pay an amount for taxes is irrelevant.

It has nothing to do with getting a credit for how much income you claim, it's the opposite - a check if you don't claim enough income. Supposedly it is supposed to motivate people to work. That claim is definitely mistaken.

Call it what it is, no that won't happen. The earned income tax credit is another sneaky form of welfare.

Now the biggest message here is just how simple it was to know what earned income tax credit is. With a little effort all you may be confronted with in the way of political or liberal speak and yet be able to figure out and even discuss what they are really saying.

Then reason can be a part of the dialogue. This is also a reason to listen or read those influencers I have put in the honor role. Some of them are not only educational but down right interesting and motivational.

By the way, it's a big sum: last year 44% of filers received an earned income check. Almost the 47% Romney fumbled the discussion over.