Posted on 12/14/2017 11:17:28 AM PST by 11th_VA
Sen. Marco Rubio (R-Fla.) has threatened to vote against the tax bill, putting the legislation in danger of being delayed past Christmas.
Rubio has told Senate leaders that he will vote against the bill unless the child tax credit is made more generous to help lower-income workers who pay payroll taxes and not regular income taxes.
“Sen. Rubio has consistently communicated to the Senate tax negotiators that his vote on final passage would depend on whether the refundability of the Child Tax Credit was increased in a meaningful way,” said a spokesperson for Rubio.
If Rubio votes against the bill, Republicans can only lose one other lawmaker if they hope to pass the final bill that emerges from a House-Senate conference. Sen. Bob Corker (R-Tenn.) previously voted against the Senate tax bill because it would add $1.5 billion to the deficit, and no Democrats support it.
Corker has not ruled out voting for the final conference report, though he suggested his concerns have not changed.
(Excerpt) Read more at thehill.com ...
I just sent him an email, but I doubt it will do any good.
Yes - I guess there is a market oh there where people sell SS#s to ge fake CTC credits (not sure how they pull it off without setting off red flags in the system)
Also - people will create fake Schedule Cs for non existent businesses so they can grab that sweet EITC cash.
Considering they eliminated the dependent exemptions, they SHOULD increase the CTC.
However - this refundable business isn’t a true “refund”
And the people getting the refundable credit are also getting thousands in EITC - also “refundable”
High percentage of EITC in Southwest would be illegals and “Dreamer” families. The high percentage in the South would be poor whites and blacks.
Direct transfer scheme in exchange for votes.
Ought to be against the “law”.
A good way to get yourself unelected, Rubio.
yes...it’s a sly way to usher in guaranteed minimum income...the Great Leftist Plan.
Yes, and let's not forget, Rush Limbaugh's, "dyed in the wool conservative, cut out of the same bolt of cloth as Ronald Reagan."
Ha ha. .At least
we can dream
What a sore loser.
Its not enough that the president has to fight off the Dems and the MSM, but his own party?
What was President Reagan’s Eleventh Commandment, I think it was called?
No, its my money that the government has confiscated unjustly to squander.
Americans have kids, right?
Why are you against Americans keeping more of their own money to raise their children?
“Why are you against Americans keeping more of their own money to raise their children?”
The earned income tax credit is not “keeping their own money”.
IT’s a welfare payment.
In fact, all tax credits that exceed taxes paid are welfare payments.
And republicans supported him for President?
Not me, no way, never.
Can’t afford them? Should not have had them.
Why should anyone subsidize your indiscretions?
But Rubio is not pushing to increase the child tax credit for people who pay taxes. He is pushing to increase the refundability of the child tax credit for people who pay no income tax. So if you pay income tax, this change does nothing for you.
Looks like Rubio wants to hasten the process of getting a nice lobbying gig.
This has nothing to do with Americans keeping their own money. Increasing “refundability” does nothing for Americans who actually pay income taxes. It simply increases a payment to Americans who pay no income tax. It is a redistributive welfare payment, not a tax break. Republicans used to be against that sort of thing.
No joke. Remember when the flat tax was a mainstream Republican position? When Republicans who pushed for tax breaks and welfare payments for narrow constituencies at least had the grace to blush?
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