direct payment is NOT a tax credit...
Posted on 07/16/2021 8:50:59 AM PDT by ChicagoConservative27
Treasury Secretary Janet Yellen said Thursday in a preview of an interview that will air in full on Friday’s edition of NPR’s “Morning Edition” that the child tax credit of $250 to $300 per child every month under the Biden administration’s American Rescue Plan should be made permanent.
Yellen said, “We do want to make sure that every child that’s eligible to receive this tax credit — a very important source of support — will know about it and be able to get it.
(Excerpt) Read more at breitbart.com ...
But what about the increased population causing global warming?
Can the money be used for Christian schools ?
It’s usually absent fathers that pay child support.
Is the government now trying to be the absent parent for every child in America?
Next they’ll want visitation rights...
Why is a Treasury Secretary pushing something like this? Not exactly the role of someone in that position. They should not be pushing a political agenda.
Well heck yeah because, LINKs*? Who cares about them? They can ESAD.
*Little Income No Kids
But what about the increased population causing global warming?
—
We’re rewarding irresponsible behavior.
If you have more than two, that’s the cut off. No need to pay irresponsible and immoral baby mamas to breed.
direct payment is NOT a tax credit...
How about doing away with school tax for the elderly or for those without children? Oh wait....taxes start, but don’t end.
Will the children learn about it in their CRT classes? So-called “teachers” no doubt will fill out the paperwork and get a cut.
just be a kid and you get money.
The best money laundering scam since public school cafeterias
She’s a commie, Jim.
So some entitled sow with 5 kids will get 1500 per month ? Plus all the other welfare? Whats that add up to? 30-40k per year?
I’m self identifying as 100 chillins.
THEY’RE GOING TO PRINT AND SPEND OUR COUNTRY INTO ECONOMIC DISASTER AND IT’S INTENTIONAL! WHEN ARE WE GOING TO WAKE UP??
> direct payment is NOT a tax credit <
Right. If I recall correctly, a tax credit is something you can deduct dollar-for-dollar from your tax liability. That’s very different from a direct payment, because some folks don’t have a tax liability in the first place.
Of course. That was the intention from the start.
The tax credit applies to illegals as well. It is not limited to just USA citizens.
Biden regime is rewarding illegals to come and multiply.
AL Peg, I’m gonna be audited!
Peggy takes off her coat and hangs it.
PEGGY Very nice. I just spent three hours in the beauty parlor, and all you can say is
“I’m being audited”. [scoffs]
Peggy sits on the couch.
PEGGY Why do I bother.
KELLY What’s “audited”?
BUD Well, basically, it’s where they take everything you own and throw you in jail.
KELLY But just Dad, right?
BUD Yeah.
KELLY Then to hell with it.
Kelly sits on the small couch.
AL Peg, get our tax records, ‘cause I’m suing the moron that bungled our taxes.
PEGGY Oh. [chuckles] Well gee, that would be me. Oh now don’t get that look on your face.
It’s a good thing I did the taxes. You see, I had this idea: if claiming two children
as dependants gets you $200, imagine what 23 kids would be worth!
Al stares at Peggy.
AL The gas chamber?
KELLY Dibs on his car!
BUD I want it! I always said I could have it!
KELLY No, it’s mine!
BUD Mine!
AL Uh, kids! Don’t fight. There’ll be cars for the both of you. ‘Cause Mommy’s will be up
for grabs, ‘cause Mommy will be up the river with me. See, it was a joint return.
BUD [to Kelly] Think they’ll be out of here by Valentine’s Day? ‘Cause I don’t know about
you, Kel, but I’m thinking party.
KELLY Imagine. Both Mom and Dad in jail. We’ll be the coolest kids in school.
BUD Yeah.
Bud and Kelly high-five.
PEGGY Now kids, stop worrying. Mommy’s not going anywhere.
AL And why is that, Peg?
PEGGY Oh, Al. You don’t think I’d be stupid enough to sign my name to that return too...
This isn’t like a parking ticket. This is what they sent Capone away for!
Businesses are still having trouble finding people to hire, even after the extra unemployment stopped. A co-worker said it’s because people are now getting this advanced “child tax credit” — monthly payments coming in.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.