117th Congress: DEMS IN DISARRAY!!!111!!

[dxmnkd316]

I agree. This is something I have completely changed my mind on.

The only way I'd reconsider is based on simple cutoffs like SS taxes. But even then you get stupid cutoffs that don't make sense and never move.

[Kepler]

The only way I'd reconsider is based on simple cutoffs like SS taxes. But even then you get stupid cutoffs that don't make sense and never move.

You have to cap benefits, but that's different than means testing. You can't have Richie Rich walking off with $20M a year in Social Security. But you can certainly cap benefits at something insane like $1M/yr, just so you never pinch a fat white middle class as-s in the door, which is what always brings it all down.

And, obviously, uncap the tax. Indeed, progressively tax everything above a fairly high personal exemption (say $50k a person and $20k/kid) and general fund everything on the collection side.

[Bronco]

You have to cap benefits, but that's different than means testing. You can't have Richie Rich walking off with $20M a year in Social Security. But you can certainly cap benefits at something insane like $1M/yr, just so you never pinch a fat white middle class as-s in the door, which is what always brings it all down.

And, obviously, uncap the tax. Indeed, progressively tax everything above a fairly high personal exemption (say $50k a person and $20k/kid) and general fund everything on the collection side.

This will never work because Cletus thinks he will make enough to be s-c-r-e-w-e-d by it. Uncapped taxation!?!?!?!?!??!!?!?!?!?!?!?!?!?!?!?!?!?! Dem Warshinton Libruls!?!?!?!?!?!

[FadeToBlack&Gold]

Joe Manchin is a DINOsaur.

[MissThundercat]

Joe Manchin is a DINOsaur.

And nothing meaningful will be accomplished.

[psych]

As someone who works at a behavioral health hospital mainly for children, I’m interested to see what kind of traction this gains in Congress, with Paris Hilton throwing her weight behind it.

https://www.usatoday.com/story/enter...rs/8522285002/

[French Rage]

Their small hands fit so well into the looms and jennies. https://twitter.com/marcorubio/statu...14489209806851

[The Sicatoka]

Their small hands fit so well into the looms and jennies. https://twitter.com/marcorubio/statu...14489209806851

Um ... I think you misread or misinterpreted that.

The monthly checks started in July, and include up to $300 per child under age 6 and $250 per month for children ages 6 to 17.

Instead of a tax credit (dollars off tax obligation, filed for on the return) folks are now getting a direct payment.

But that payment will have impacts come filing time. That's really going to mess some folks up (end up paying instead of usual refund?). If people are investing it, good, they may need it on April 15.

[Swansong]

"<insert thing here> is socialism" is a lazy as hell, but unfortunately works with the morons.

[rufus]

Guess we need to get rid of that income tax deduction for kids too. Can't be having any of that nasty socialism in 'Murica.

[rufus]

Um ... I think you misread or misinterpreted that.



Instead of a tax credit (dollars off tax obligation, filed for on the return) folks are now getting a direct payment.

But that payment will have impacts come filing time. That's really going to mess some folks up (end up paying instead of usual refund?). If people are investing it, good, they may need it on April 15.

I think the only one misreading or misinterpreting is you.

Show me where in L'il Marco's oh so concerned tweet where he mentions the possible tax implications of the policy?

No, he's just raging cause people are getting money just for having kids. Those lazy, do nothing drags on society.

[dxmnkd316]

Instead of a tax credit (dollars off tax obligation, filed for on the return) folks are now getting a direct payment.

That's the ****ing point.

But that payment will have impacts come filing time. That's really going to mess some folks up (end up paying instead of usual refund?). If people are investing it, good, they may need it on April 15.

Oh those poor, poor families making $150,000 a year! SAD! WHo also have several pathways to resolve it both before and after they file.

Taxpayers who receive more money than they are eligible for will report the excess amount on their 2021 tax return as additional income tax, reducing their tax refund or increasing how much they owe the IRS. If taxpayers owe, the IRS has said it can work out an installment payment plan with them. It is also waiving repayment obligations in some cases.

The agency will send taxpayers a form in January 2022 detailing how much was disbursed to them during 2021.

To avoid repaying the credit, taxpayers can update their personal information â?? including changes in the number of qualifying children you have, income and filing status â?? with the IRS through the agencyâ??s Child Tax Credit Update Portal. Taxpayers can make changes throughout the rest of 2021.

Parents can also opt out all together using the portal. For those who are married and filing jointly, both spouses must unenroll. Below is the schedule of the last day to unenroll each month.

I don't think that's much of a burden in exchange for nearly eliminating child hunger.

[Kepler]

"<insert thing here> is socialism" is a lazy as hell, but unfortunately works with the morons.

My favorite is when you list all the countries who are doing better than we are in quality of life with far more leftist policies to demonstrate how socialism is superior to capitalism, and they claim "those aren't socialists, they are capitalist." And then in the next breath when you say fine let's adopt those policies they scream "THOSE POLICIES ARE SOCIALIST!" And they're too ****ing stupid to even recognize they are contradicting themselves.

Conservatism would be hilarious if it wasn't so lethal.

[Deutsche Gopher Fan]

So manchin now saying he has exit plan to leave the Democratic Party.

shocking

[ScoobyDoo]

So manchin now saying he has exit plan to leave the Democratic Party.

shocking

They came down to 1.9. What's the problem?