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Math made simple

Posted at 12:45 PM on October 25, 2006 by Bob Collins

My wife called this blurb to my attention during this morning's news conference by President Bush. Neither one of us watches these things for the information, anymore. We just try to predict which segment Jon Stewart will pull out to ridicule tonight.

We think it'll be this one.

Take the child tax credit. If it is not made permanent - in other words, if it expires - and you've got a family of four sitting around the breakfast table, the taxpayers can be sure that their taxes will go up by $2,000: $500 for that child, $500 for the one right there; $500 for this one and $500 for that one.

Give up? If it's a family of four...there are only two children. I'll try to find the actual audio because I think halfway through the math, he realized he was heading for trouble.

October 2006
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