So we're a family of four now. About median income, nothing special. Don't own a home or anything like that. About what I imagine an average American family to be like. I was dutifully filling out my taxes this weekend. I got all my paperwork together and got everything submitted. I love e-filing for the record, so much easier than the old days.
The end result?
I'm officially getting paid to live here now. The refund came out to more than I paid this year in taxes. Thanks mainly to the child tax credit. I can't say I was too surprised, I've been expecting this for a while now. Given all the ranting and raving about debt recently, I can't help but feel like I'm driving the getaway car though. For the record I wouldn't mind paying more. I'm not entirely sure I enjoy the feeling of being a freeloader or anything. Still that extra money will eventually be put to good use, hopefully stimulating that housing market at some point.
Anyway this is kind of old news, but I've not been following politics as closely the last month or two. So a question for people who are: is anyone going to change this? You know, the child tax credit, is it going away? I've heard it's due to expire or shrink at some point. You hear a lot in the news about raising or not raising taxes on the rich, but not so much about this little nugget.