OBJECTIONS
TO CHILD TAX CREDIT
“Even
though [Marco] Rubio's tax plan included the usual deep cuts for
the wealthy, it was unacceptable to the Wall Street Journal, which
criticized the child tax credit as a giveaway. Stephen Moore,
the former president of the Club for Growth, explained his
opposition to the columnist Albert R. Hunt: ‘The more
you increase things like the child tax credit, the more you will
move back to the 1960s and 70s tax system with higher
tax rates.’"
the wealthy, it was unacceptable to the Wall Street Journal, which
criticized the child tax credit as a giveaway. Stephen Moore,
the former president of the Club for Growth, explained his
opposition to the columnist Albert R. Hunt: ‘The more
you increase things like the child tax credit, the more you will
move back to the 1960s and 70s tax system with higher
tax rates.’"
Packer, George, “The Republican Class War,” pp: 26-34 (32), The
New Yorker, November 9, 2015.
