Once again, working families will get hosed so that liberal special interest groups can continue to receive funding.

Reduces the amount taxpayers can claim on dependent care credit to the federal level of $100 instead of $300.

The LA Times agree with the move in an article they call: California tax hikes long overdue - Los Angeles Times

Below is the post I made on January 7th describing the removal of the child tax credit in the CA tax code.

Among the 8 tax raising proposals contained in the Governor's Budget 2008-09 is this little gem:

Reduce the personal income tax dependent exemption credit to equal the personal exemption credit. I will pay an extra $400 in breeder tax even though we are simply propagating the species at current levels.

The current dependent exemption is $294 per child. The current personal exemption is $94 per adult.

Gee, I wonder who is going to get their butt's kicked the hardest with this one. According to my friend:

In my church there is one family with 12 children, one with 9, two with 7, one with 6, one with 5, three with 4, and eight with 3 children. That’s $16,400 per year in additional taxes from 17 families with 82 children.

And they are not even Mormons!

I'll personally also suffer to the tune of $400. While my ex, who takes the deduction on my 3rd child will take the additional $200 hit.

Folks, we have got to let the Governor know that it is unacceptable that, in this time of shrinking salaries and growing debt, he would even consider settling the state's financial crisis on the backs of hardworking parents. Use this link to find relevant contact information for the Governor.

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