The Curse of the Kiddie Tax

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My son was a beneficiary of a small pension. This money was going to see him through expenses and boarding for another year of school. He is going to lose $1000 of it to taxes. This was not investment income!!! They are also including unemployment in this tax.

JK of CT 8:14PM February 17, 2010

We bought shares of stock for our kids 20 years ago so they could pay for their own college. Now we are being pillaged by the Federal Government for wisely investing because of this so-called "kiddie tax". I didn't like the tax before now when it expired at age 18 (because college comes after that time), but now that they raised it to 24 it is absolutely stealing from their college fund. I am not a "fat cat" but simply a working stiff for the past 28 years just trying to scrape by.

The U.S. Congress is a perverse bunch of thieves!!!

Theft victim of GA 10:38AM March 29, 2009

screw the gov't and their kiddie tax, I am one of these investors who is getting screwed over by this kiddie tax.

nobama of MS 4:39PM February 08, 2009

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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