Congress is always on the watch for ways to stimulate the U. S. economy, by enacting laws that provide tax credits for individual and business taxpayers. Just when you thought preparing a 1040 tax form could not get any more complicated, there is yet another tax credit. Some of those credits can benefit individual taxpayers by lowering their taxable income. It is time to find the next great tax credit for individual taxpayers. When responding to your peers, evaluate whether their next great tax credit will benefit taxpayers and the U.S. economy. Respond to statements with which you concur and provide examples and explanations, as appropriate. Challenge the views with which you disagree and point out areas in which you have additional questions, or which could be more strongly argued.

Please respond to one of the following:

Devise a tax credit that will benefit individual taxpayers. Explain what it is, and how this credit will benefit the individual taxpayer, the individual's family, and the U. S. economy.

Devise a tax credit that will benefit business taxpayers. Explain what it is, and how this credit will benefit the individual taxpayer, the individual's family, and the U. S. economy.

Do you think that tax credits are generally helpful to the economy? Why or why not?