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Lamplighter · 12-13-2010, 10:46 AM

Sky, The big difference between a Single $50K and a Couple $50K+2 minors
seems to be a (2 minors x $1K each) tax credit, not a tax deduction, in the Compromise plan.
I had not heard reports of such a major new tax break for parents of minor children.

But there is something else weird(?) in this web site.
For all the scenarios (except 1) I entered in the calculator,
there were NO differences between the Democratic plan and the Republican plan.
Somehow, I can't buy it yet that all is well in this calculator.

12-13-2010, 10:46 AM	#86
Lamplighter Person who doesn't update the user title Join Date: Jun 2010 Location: Bottom lands of the Missoula floods Posts: 6,402	Sky, The big difference between a Single $50K and a Couple $50K+2 minors seems to be a (2 minors x $1K each) tax credit, not a tax deduction, in the Compromise plan. I had not heard reports of such a major new tax break for parents of minor children. But there is something else weird(?) in this web site. For all the scenarios (except 1) I entered in the calculator, there were NO differences between the Democratic plan and the Republican plan. Somehow, I can't buy it yet that all is well in this calculator.