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Wonderful example so assuming some social and economic provisions ought to be in the tax laws, lets think about tax credits. Every dollar of tax credit saves you one dollar. It doesnt matter what your marginal tax bracket is. So if you owe a thousand dollars and you get a thousand dollar tax credit, you dont owe anything. If you owe a million dollars, you owe a million minus 1,000. Now, the tax credits also should be refundable in many cases where they are social programs because a refundable tax credit like the earned income tax credit which says people who are working but dont earn a living wage are going to get extra money to help them have a living wage. And so if you make it refundable if you dont owe the income tax, youll get a direct grant. Both commissions said that about the Home Mortgage interest deduction, replace it by a credit. Congress ignored that. Finally, you might have the largest credit for people who need the he ....
Are descendents of one of the people im going to be talking about today. Kentucky has been extremely well served with ben as executive director of the kentucky humanities council, and i want to thank him for sharing some of the anecdotes im going to use today. Finally, i want to thank chris and thend fred karam professors who have contributed in one way or another not only to my remarks today but to a series of speeches ive been doing on prominent kentucky senators over the past couple years. Are here to discuss the lives and intersecting careers of three men. Two of these three men helped define kentucky politics for much of the 20th century. Both serving as governor and as senator. Both were intensely and ambitious men both rose from modest origins. Both were democrats born in western kentucky. Both were accomplished athletes in their youth and fine coaches thereafter. Both had a gift for remembering names and faces. Intro kentucky style, these two men carried on a feud that literall ....
Quiet. We must whisper when we see that picture. Otherwise we have a cold start to the morning and a number of locations. It is 33 degrees at palmyra cove nature park overlooking city of philadelphia and delaware bay. Few cloud coming in right now but we should find some sunshine today and these temperatures in the middle 50s. I think youll love this weather if you want to get out and do whatever it is. Maybe you have taped down your decorations early. This is not a bad day to do it if you are so inclined because it will be mild tore day. Decent tomorrow too but we have more in the way of clouds and some shower chances. Thirtyfour out at the airport in philadelphia. Thirtyeight in trenton. 33 degrees in wilmington. It is 29 in allentown right now. It is 34 in willow grove as these temperatures continue to come up a little bit in many locations. Our temperatures today getting to 55 degrees, lots of sunshine, as much as we would love to keep that going i think we he do end up having to c ....
Philadelphia police needed, since they matched his dna, in a national database. We talk with the woman who lived near palin not too far from where at tax took place. Now to hear it this is kind of a shock. Reporter police say that palin was married with children during these alleged attacks, and divorce. Palin is now behind bars waiting for a preliminary hearing. Were live at penny pack park, Syma Chowdhry for cbs3 Eyewitness News. Syma, thank you. Much more to come on that story. Search crews continuing looking for victims of asia air flight 8501, they began finding debris and bodies early tuesday in the java sea not far from where that plane was last seen on radar. Jet liner disappeared on sunday with 162 people on board. Craig boswell has more on the recovery effort. Reporter as search crews look for main fuselage of 8501 the head of the airline is promising support for fa ....
Figuree it out out dont they . Yeah. All about the different angles. Do you play golf . I play. I wouldnt say very good. My husband never wants to play with me because i am an embarrassment. Goes out with the boys. I got you. Cant blame him. Coming up from insomniac theater, surprising comments from movie critic as but two very different films being released to day. Ahead, the bittersweet night at hollywoods famous laugh factory. The comics there they were remembering their role model. First, an eping battle over billions of dollars over what could be the nastiest divorce battle in years. The rich couple and their bitter barackup. You are watching world news now. Ive got to run away try woolite. Woolites not just for delicates. Its for your everyday clothes. Oohh. Like this because it has the right balance of cleaning and care. Unlike other detergents, woolite with fiberflex Technology Wont cause stretching, keeping that perfect ....