Don’t grab tax credit
I’ve been a working mother for 18 years. For nearly 10 of those years, I worked low-wage jobs that didn’t provide sick days, vacations or health care. It was a struggle to pay my bills, afford rent, and pay for childcare so I could get to work.
Every year, I looked forward to filing my taxes so I could get a return, which went to my debt because I often put groceries on my MasterCard or Visa. I was stuck in a poverty spiral, all because I didn’t earn a livable wage.
Both the earned-income tax credit (EITC) and limited child-care subsidies I received were crucial to my survival. The governor’s plan to shift money from the EITC to increase funding for childcare is a terrible idea — akin to robbing Peter to pay Peter.
For months, I’ve heard this administration say that they’ve “exhausted all options” with the budget. I’ve got a great idea: How about looking at the elephant in the room and raise taxes on the rich that can afford it?
Rather than place the burden of our fiscal woes on the backs of struggling people, why not ask those who earn their wealth through the finance industry instead of wages to pay more of their fair share?
It’s time the rich tightened their belts instead of holding the rest of us in a demoralizing spiral of poverty and struggle. It’s time for our leaders to put people first, starting right here in Vermont.