Posted on 05/17/2021 7:57:23 AM PDT by SeekAndFind
Right theory but wrong pew....they INCREASED the credit so they are getting the credit increase now. So, their tax, if they pay any, amount stays the same.
Seniors, out of work get $$ZERO
Yes per child depending on age of child.
...leading to a chain of butt-covering mishaps that devolve to Very Bad Things.
The hole in the boat just got a LOT bigger. Seems to me the working class are now the slaves.
Sorry but the welfare gimmedats need gas to get to the store to buy booze, and to their dealers.
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I am reminded what Paul has said: “ 11 We hear that some people among you don’t want to work and are making trouble. They aren’t really busy. Instead, they are bothering others. 12 We belong to the Lord Jesus Christ. So we strongly command people like that to settle down. They have to earn the food they eat.” .......and another “ If anyone is not willing to work, let him not eat.“ .....and of course Proverbs “ A little sleep, a little slumber, a little folding of the hands to rest, and poverty will come upon you like a robber, and want like an armed man....”
Just what is it with the Senile Joe worshippers? How can any democrat claim they are believers?
The facts: ( this will upset some lukewarm Christians and many unbelievers)- simply put : If you do NOT want to work, starve......don’t argue with me, argue with God.
True. My entire family is going to wait til doing 2021 taxes to get the money. That’s if the government allows exemption until January. They may just force you to take it now. You are right....surprise!
Communism/Nazism. Plain and simple.
They can take the money away from you by force and give it to whoever they want.
Enjoy it.
Once you give the folks the money, they want more. And so they always vote for more benefits, incapable of understanding that the money must come from someone who actually earns it, and that the productive people will stop producing when 70% of their money is taken away and given to indolent non-producers.
Do you think that the government is going to confiscate all the money held by bill gates, soros, bezos and winfrey and give it to families with children? NO! Those people will be exempt. The money is coming from achievers and producers, who do all the work.
Correct.
Called my Congress critter. Asked him why is it seniors who want to continue to work part time have a limit set on them. 32 or 34 grand per couple, for example. If you go over that you pay income taxes on 85% of your Social Security.
If you early retire and want to work part time to supplement your income, you can only make about 17 grand per year or you have to pay back.
Does that makes sense? He had no answer.
Did I miss where it said who was eligible?
Seniors, out of work get $$ZERO
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Many menial labor part-time jobs available. 8.1 million to be exact. Grab one before you too are called a moocher and a leech by fellow Freepers
DAMN! That is hideous! Josh Hawley is either an idiot or a commie.
“A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury.
After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.”-Alexander Fraser Tytler
Worse. He's running for president.
Too old and still recovering from shoulder injury.
"Taxpayers may receive part of their credit in 2021 before filing their 2021 tax return.Advance payments of the 2021 Child Tax Credit will be made regularly from July through December to eligible taxpayers who have a main home in the United States for more than half the year. The total of the advance payments will be up to 50 percent of the Child Tax Credit. Advance payments will be estimated from information included in eligible taxpayers' 2020 tax returns (or their 2019 returns if the 2020 returns are not filed and processed yet)."
We have some Freepers who are preparers, next year will be a boondoggle when that advance is recaptured and even the 2021 increase won't cover the raw reduction from the monthly CTC dole, ie, guaranteeing smaller refunds.
You could even have a feral family go on the CTC dole, have a late-year windfall that phases them completely out of the CTC boondoggle ($112K HoH), and when they file their return next year they'll owe the whole nut along with their new tax bracket LOFL.
After multiple new stories about the ferals shooting each other over the stimulus checks, well I'm glad I do my own filing lol.
If I remember my own history - it was a WONDERFUL thing during the early Bush years when the Child Tax Credit was passed into law. It had been discussed for a lo-o-o-o-ong time. And it was a very big help to TAXPAYERS with children ... of whom I was one of many.
As they say, “the devil is in the details”.
Nope! To pull off your scenario, the goobermint would have had to double the amount, then they could have skimmed off the new half as monthly payments and made it impact-neutral on the tax return.
They only increased the CTC one-third, but they're giving away half in the monthly payments! JACKPOT LOL!
Not much of an incentive for the productive class to continue working just to support deadbeats.
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