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Furthermore, for those milf anal who would remain eligible, inflation would sharply erode the credit’s value. For example, a married couple with no children that earned $30,000 last year is eligible for a $1,000 credit when it files its 2005 tax return if milf anal it contributed $2,000 to a retirement account. Under the House bill, if this couple’s income simply grew with inflation, it would be eligible for only a $200 credit by 2009 — an 80 milf anal percent reduction in its credit. In sharp contrast to this parsimonious treatment of the saver's credit, the House bill would permanently protect from inflation all of the retirement-related tax cuts for high-income taxpayers enacted in 2001. (These provisions would be made permanent as well.) As a result, the pension tax breaks for upper-income households would swell in cost over time, benefiting those who least need help saving for retirement, while the main retirement-related tax incentive for moderate-income households — the saver's credit — would erode each year under the House-passed bill and eventually disappear.
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