July 07, 2008

Double the Tax Break, Double the Fun

The Wall Street Journal today reports on the 2008 U.S. presidential candidates' economic plans (subscription required). I could probably attempt to say something substantive about these plans, I suppose, but let's be real: given my worthless existence, chances that I add value to anyone's life by my verbose and futile pontification are so low as to not warrant such an endeavor. Instead, I will focus on a specific quote from the article, viz., Mr. McCain's plans include doubling the child tax deduction from $3,500 to $7,000 'for every dependent.'