In the News Tax the childless to help parents?
“The willingness of parents to bear and nurture children saves us from becoming an economically moribund nation of hateful curmudgeons,” Reihan Salam wrote recently in Slate. “The least we can do is offer them a bigger tax break.” Childless taxpayers like himself should pay more, he said. He suggested lowering the threshold at which higher tax rates kick in, and then giving parents a new $2,500 per child credit that’s included in a Republican bill in the House.