If Only More Politicans Would... Die...

From today's WSJ

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Mrs. Clinton is like Oprah Winfrey giving away automobiles to her audience: You get a tax credit, and you get a tax credit, and you get...

(*SMIRK*)

The former first lady recently proposed a new tax credit for people who help care for their aging parents—only the latest credit she wants to create or expand as she doles out tax favors to her preferred voter groups.

There are at least a dozen such proposals so far, which we compile nearby, and her campaign says the inventory will continue to grow.

(*SARCASTIC CLAP-CLAP-CLAP*)

Mrs. Clinton has also discovered the one tax-subsidy box ObamaCare didn’t check off. She wants to create an out-of-pocket health expenses tax credit that would be refundable, meaning it becomes a direct cash rebate for people with no income tax liability. This beaut would be worth as much as $5,000 for families and $2,500 for individuals...

(*MIGRAINE HEADACHE*)

For millenials, Mrs. Clinton is promising to retain the $2,500 American Opportunity Tax Credit that the 2009 stimulus instituted to offset college tuition but expires in 2017. She also supports expanding the existing tax credit for child care—details to come. Then there’s her new $1,500 tax credit for every “apprentice” worker a business hires and trains on the job in fields like construction and manufacturing. The value of the credit would be higher if firms are “providing opportunities specifically for young people,” according to a fact sheet.

Reading through Mrs. Clinton’s campaign proposals is often a tour d’horizon of the complexity of the modern tax code. She wants to expand the Work Opportunity Tax Credit that is now available to businesses that hire people from what the IRS calls “certain target groups who have consistently faced significant barriers to employment.” They include welfare and food-stamp recipients, ex-felons and residents of a federally designated Rural Renewal County or Empowerment Zone. Mrs. Clinton would add disabled veterans to the list.

She’s also embraced the New Markets Tax Credit, a 39% coupon for capital investment in low-income urban neighborhoods. She’d broaden eligibility to extend to anyone allegedly harmed by trade, “a major job-loss event,” climate change and her policies meant to mitigate climate change if they lead to declines in coal mining or fossil-fuel electric generation.

* BUT, WAIT! LET'S SWITCH OVER TO IDIOT BUSH AND SCUMBAG RUBIO...

One political lesson of Mrs. Clinton’s chicken-in-every-tax-pot pitch is that Republicans are foolish to try to compete with Democrats on tax credits. In 2000 George W. Bush ran on a school supplies credit for teachers, and Marco Rubio is promising a beefed-up child tax credit this year.

These promises concede the liberal premise that the tax code is an appropriate vehicle for social-policy engineering...

* YEP...

(*PURSED LIPS*)

* UNDER BILL CLINTON... AND GEORGE BUSH... THE NUMBER OF TAX "CREDITS" SOARED! BIPARTISAN SMOKE AND MIRRORS ACCOUNTING, FOLKS!