October 26, 2004

earned income tax credit : who gets the cash ?


 just a little reminder 
to
all you 
goo goo tax tinkers
                 out there

 behold 
the  nasty kicker
   to this well intended stab
                at   socially responsible
                        tax relief

         on the surface
what could be more decent then a  reward 
            tax credit reward 
                          for working
  
=====================================================================



 but what if by selling more time 
   to some scum bag
    he gets all the good of the results
     of the tax credit 
              in the final form 
                     of paying lower wage 
 -----------------------------------------------------
 point of this dynamic demo
   iz suggest that maybe 
the path of real wage rates 
 over time 
may "net out" the tax credit subsidy
to the poor wage geep 

how?

by the system traveling down
 a lower wage rate road 
then 
in a parallel universe 
   that got along 
without
an earned income tax credit 

god lord
u mean 
in the long run
 the  benefit of the tax 
                       credit 
gets off set
maybe even nullified ?

yes lambkins yes 

" waging poor" household 
 incomes end up lower then otherwise 
and 

 "we"  'umble tax payers
  doing nothing more
with our fillin taxes
then 
 cover a hole 
thats sending 
a hand out 
thru our torturous
 tax and spend system
to  some fucking  profiteers
in the form 
  of lower  wage costs

cause the tax credit for wage work
is turning part the wagery up keep
 over to the rest of uz taxpayers

---------------------------------


this goes for 
other goo goo systems
too of course

its a very general result

take 
free state provided 
job training 

the socially funded
skill  enhancement
  when employed
creates added 
  value

great 
that part's timeless
on a real level

 but 
 now who gets the cashable  value ? 

 the employer may
 and prolly does

sure 
 at first the boss
will likely pay more
 for this" skilled up "
                   jobster's    time 

after all 
he's getting more value 
in his  product
right?


 but why pay more then you have to ?

  no reason really

and since over time 
the wage  geep would
prolly  offer his/her
                 time  for less
since the skill aquisition
cost 
him/her
  only the time
 he/she took to aquire it

how much more
then its worth
 does that deserve?

nothin'

nothin more 
the  what it takes 
to get it supplied

which ought to be 
less then
   if  the full cost 
      of emplanting all thjis new skill 
came out of  his/her very own pocket

right?

  soooooooooooo

over time 
the portion   
 born by 
uz
run of the mill
tax chumpery types
goes to...

profiteer's 
surplus 

ok so maybe its 
a spreadable bene stream 
pouring 
 out there 
among the profiteer klass 

 who's pot does it ends up in ?

who cares 

we're over here
on
the wagery  side of the klass divide

we lost out thats all we need to know  

bottom line

"the profiteers "
 got a transfer 
from uz wagery types

it went from our taxes
to pay for what the tax credits didn't collect from
the poor wagery geep taking the credit 

it ends up
allowing this geep to get by on lower wages
so 
out the far end 
of big " gubmint's"
  tax and spend  system 

is more profit  

 
i'd bet its workin out this way too
 
cause if the deal worked 
out much different
you'd see the credit  benes 
whittled away
by wall street bombardments

remember afdc

not enhanced 
honored and blue ribboned
as the earned tax credit has been
 over the years 


yes 
i'll lay you 5 to 1 odds

 a portion of your income wage taxes today
are going
among many other revoltin' places 
 to cover
 some of the cost
 not covered by those off set 
      lower end  wagelingers tax liability
  and the poor dupes and butts 
aren't gettin a bit of the bene
its           all  goin to them
   wage grinding profiteers 
trolling about out there
  in  american waters 

------------------------------------

 pretty fine hocus pocus
don't ya think

ever see my demo of artificial RAU
 spice ups thanks to the unemployment bene train?
if not 

ask for it in commments
and i'll deliver

--------------------------------------------------

general wistful musings...


to think goodly intended actions
can 
actually 
eventually 
disgustingly 
     settle down
 into  
      a steady  profiteers sudsidy
------------------------------------------------
now of course
spiteof the self as other
being so keen a factor

one might here a wagelinge
 say
better "we" pay 
into the profit pot
then 
that fuckin'  poor pot


makin' hand outs 
to "corrupt" people ?

shit 

this way 
at least we know 
the stnking bastards
 are having to  work
there way thru life 
to earn the benefits 
they're not really getting  

-------------------------------------------------
   smoke that one
              mr & mrs clear conscience 
                                 soft heart 

  and oh 

          have a nice day
                          ya complacent  bastids !


========================================
Posted by pinky at October 26, 2004 06:48 AM

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