Rahm Emanuel and Barack Obama send a letter to the treasury secretary:
In the next few days, we will introduce the Hurricane Katrina Accelerated Tax Refund Act. This bill would immediately accelerate the Earned Income Tax Credit, the Child Tax Credit, and applicable education incentives. By taking these steps, we can deliver resources on a fast-track basis to families that have worked hard, paid taxes and earned these tax benefits, all the while stimulating local economies. These Americans who have lost so much should receive their refunds now rather than later. There is precedent for fast-tracking tax refunds during times of crisis. As you know, in the wake of the tragic events of September 11, 2001, Congress passed legislation to fast-track Child Tax Credit refunds.
Oh, great. This is so Clintonian. Love ones dead, city submerged, lives knocked off track… what do these people need? An early tax refund!! See, the Republicans will never argue with this, since it accomplishes nothing but taking another useless page out of their ideological book (TAX ‘RELIEF’, TAX ‘RELIEF’, TAX RELIEF’) To what temporary shelters shall we mail the checks?
These two guys are my House Rep and Senator, respectively. Yeesh.
Also, see here:
http://colbycosh.com/#ktgd
I find it interesting that the fist thing these people need is to be relieved of a government burden.
Filing a “zero tax” tax return for 2005 should be a no – brainer. Claiming documented losses of any kind over the next three years – no brainer.
Eliminating the stupid regulations that will slow down the re -entry of small businessmen into their respective fields – no brainer.
But, watch what happens. And, of course, Alex is also correct.