Joe Biden Calls for Renewal of Monthly Government Payments to Families

Discussion in 'Current Events' started by JET3534, Jan 17, 2022.

  1. ButterBalls

    ButterBalls Well-Known Member

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    They don't, but their parents do LOLOL..
     
  2. Joe knows

    Joe knows Well-Known Member

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    There should be no child tax credit at all. Wether it’s monthly or yearly. Maybe for the poor and that’s it. When I talk of poor I am speaking below the federal poverty rate.
     
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  3. ButterBalls

    ButterBalls Well-Known Member

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    Dang free stuff really gets you revved up! The DNC folks salute you ;)

     
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  4. Moonglow

    Moonglow Well-Known Member

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    Oh yea-yah, posting is now considered support for welfare...
     
  5. Moonglow

    Moonglow Well-Known Member

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    You will find that many who do work still qualify.
     
  6. HurricaneDitka

    HurricaneDitka Well-Known Member

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    It's not a tax credit at that point. Not in any real sense of the words "tax credit" - a discounting of one's owed tax burden - because people living below the federal poverty rate don't pay any federal income taxes. It's just a welfare payment that we facilitate through the IRS by calling it "refundable" (meaning they'll give you the money whether you paid anything in taxes or not). Calling it a "refundable tax credit" is just a ploy to make it more palatable to the people actually paying for it, and perhaps to a lesser extent to the people who are collecting those government handouts.
     
    Last edited: Jan 17, 2022
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  7. ButterBalls

    ButterBalls Well-Known Member

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    And that makes the money any less FREEEEEEEEEEEEEEEEEEEEEEE lolol
     
  8. Moonglow

    Moonglow Well-Known Member

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    Not really but it helps.
     
  9. ButterBalls

    ButterBalls Well-Known Member

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    I didn't say any such thing ;)
     
  10. ButterBalls

    ButterBalls Well-Known Member

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    So does 40 hours a week jobs..
     
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  11. Moonglow

    Moonglow Well-Known Member

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    I never said you did.
     
  12. Moonglow

    Moonglow Well-Known Member

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    For those who can get them or want them. I always had a seven-day work week when raising kids.
     
  13. ButterBalls

    ButterBalls Well-Known Member

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  14. Moonglow

    Moonglow Well-Known Member

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    Could you say erstwhile about a true confirmation?
     
  15. ButterBalls

    ButterBalls Well-Known Member

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    I dare say, if people can't find a job today, then it's pretty much a lazy problem. There are around 10 million job openings, fill them first then hand out free money :)

    10 million / 50 = 200,000 at least, some more some less ;)
     
    Last edited: Jan 17, 2022
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  16. FreshAir

    FreshAir Well-Known Member Past Donor

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    we have no clue what people paid in the past that get these tax credit to help with their children
     
  17. HurricaneDitka

    HurricaneDitka Well-Known Member

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    You don't think the IRS keeps records or something?
     
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  18. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Lol.

    Dive in popularity, so try to buy votes.

    The left doesn't even try to hide it anymore.
     
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  19. FreshAir

    FreshAir Well-Known Member Past Donor

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    I don't think the IRS looks at back records when deciding tax credits
     
  20. Talon

    Talon Well-Known Member Past Donor

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    Better they make like the hard working men and women all across this country and help themselves cope with the pandemic the best ways they can.
     
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  21. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    You realize that a tax credit given to somebody with zero tax liability results in a larger return. You additionally realize this is much much different than giving a person a tax break that pays some amount of tax, right?
     
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  22. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    So, you desire to incentivize those that can't afford to have kids, to produce more, while decentivizing those who can afford to have more kids to have them which is good economically?

    Makes total sense.
     
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  23. Jolly Penguin

    Jolly Penguin Well-Known Member

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    I think Biden is a great case to illustrate the hopeless partisan divide in the USA. He is Democrat, so Republicans hate him regardless of what he does, and most Democrats also disapprove of him because he hasn't stood up for liberal policy much at all, such as his caving to Manchin etc. Leaves him historically unpopular.
     
    Last edited: Jan 17, 2022
  24. HurricaneDitka

    HurricaneDitka Well-Known Member

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    That's not their current practice, certainly. They don't really look at current records when deciding tax credits either, except to disqualify high-income taxpayers. That's a lot different than saying "we have no clue what people paid in the past". We DO know, exactly how much they have paid (or, in the case of many beneficiaries, NOT paid) in the past, we have just chosen to not make that a condition for receiving the "tax credit", because, again, it's not really a tax credit. It's largely a welfare payment for poor people, being run through the IRS.
     
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  25. Jolly Penguin

    Jolly Penguin Well-Known Member

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    He does that because it sounds better to Republicans I think. Same reason why Yang called UBI a "freedom dividend". Same reason why Republicans themselves call corporate welfare other names when they support hand outs to corporations. It's all in the branding.
     
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