Saturday, December 18, 2010

President Obama: Tax-cut deal good for African Americans – washingtonpost.com | The Black Report Archives

President Obama: Tax-cut deal good for African Americans – washingtonpost.com | The Black Report Archives
This article is relevant and well-written. It, in a way, explains how President Obama protected African Americans from having refunds nicked away. A tax refund is the government saying, "here, you've paid us too much over the past year and we are also giving you some discounts on some stuff you did and some stuff you bought, for having kids and continuing life on earth and all."
However anyone who was affected by the tax, was protected by the actions of the President. He stopped what could be considered financial harm. Not getting a child tax credit will decimate the average American tax refund. Just saying, because most people want to keep what they have and possibly find gain somehow, not loss.
"These credits help roughly 4.7 million African American children or almost half (44%) of all African American children," an e-mail to political leaders and media said.
Makes you think that for the President to take a political hit for the People like that, he has to care about the People.The negotiation was bold and swift. (*He wears his 50 lashes well. Wink*)
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