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re: Those spending the child tax credit check on misc expenses
Posted on 7/17/21 at 10:08 pm to borotiger
Posted on 7/17/21 at 10:08 pm to borotiger
quote:
You don't understand it enough to call anyone a "retard".
I understand it fine, it's actually quite simple. It's just an advanced refundable tax credit.
Posted on 7/17/21 at 10:12 pm to lsu xman
quote:You made this your business, why?
Using the child tax credit check on things like getting their hair and nails done, new cell phone, new fake lashes, do they feel guilty not spending it on their kids?
Posted on 7/17/21 at 10:18 pm to Mingo Was His NameO
quote:
It's just an advanced refundable tax credit.
You don't understand it at all.
I said even if I send it back, I still pay for it and what I said was 100% correct.
This is not free money. Anybody that pays their way through life now has to pay for this too.
There is no free money. This is not hard to understand.
Posted on 7/17/21 at 10:22 pm to borotiger
quote:
I said even if I send it back, I still pay for it and what I said was 100% correct.
It just makes no sense. If you qualify for it, you get it. It's fully refundable, if you don't qualify for it, then you don't. It's really fricking simple.
quote:
There is no free money. This is not hard to understand.
This has nothing to do with what you said unless you write like you have down syndrome and can't make a coherent point.
You can understand something and disagree with it.
Or you can write indiscernable word salad and then call other people stupid.
This post was edited on 7/17/21 at 10:26 pm
Posted on 7/17/21 at 10:25 pm to tgrbaitn08
quote:wait what’s this wizardry I’ve yet to hear of? They sending out EBT disaster stamps too?
but like those EBT Cards they sent us a couple weeks ago...
Posted on 7/17/21 at 10:27 pm to SuperSaint
quote:
They sending out EBT disaster stamps too?
P-EBT - pandemic ebt
For kids in school that might’ve missed their government meals due to at home learning
Posted on 7/17/21 at 10:39 pm to Mingo Was His NameO
quote:
It just makes no sense. If you qualify for it, you get it. It's fully refundable, if you don't qualify for it, then you don't. It's really fricking simple.
Who's money is it?. The government has never had it's own money.
Tax payers will have to pay for it for generations. This is not free money.
I know people with Downs and the probably understand it better than you.
THERE IS NO FREE MONEY
What an idiot you are.
Posted on 7/17/21 at 10:48 pm to borotiger
quote:
Who's money is it?. The government has never had it's own money.
Tax payers will have to pay for it for generations. This is not free money.
Your drivel really has nothing to do with what anyone is talking about
Posted on 7/17/21 at 10:56 pm to Mingo Was His NameO
quote:
Your drivel really has nothing to do with what anyone is talking about
It absolutely does. You just don't have an intelligent rebuttal to it.
Giving out "free" money increases the tax burden on those who actually pay taxes and, as is obvious to everyone but you, is increasing both inflation and soon to be taxes.
My "drivel" is fact. Your responses are emotional and ignorant. Period.
ETA: You are known to be illogical, emotional and politically motivated so I will stop trying to reason with you.
This post was edited on 7/17/21 at 10:59 pm
Posted on 7/17/21 at 10:58 pm to borotiger
quote:
You just don't have an intelligent rebuttal to it.
I understand what you are saying, it's just irrelevant to the conversation of the thread.
quote:
Giving out "free" money increases the tax burden on those who actually pay taxes
Not necessarily
quote:
is obvious to everyone but you, is increasing both inflation and soon to be taxes.
Inflation, no, soon to be taxes, maybe.
quote:
Your responses are emotional and ignorant. Period.
The only responses that are emotional are yours. You are waxing poetic about a completely different topic, that you probably also know nothing about.
Posted on 7/17/21 at 10:58 pm to SuperSaint
quote:
wait what’s this wizardry I’ve yet to hear of? They sending out EBT disaster stamps too?
Each of my kids got EBT cards in the mail a couple weeks ago. They each had $240 on them. We didn’t ask or apply for them nor should we even qualify for them.
I don’t understand all this wasteful spending
Posted on 7/17/21 at 11:05 pm to lsu xman
Tn resident. $145k joint (sole) income. Straight to 529 plans.
Posted on 7/17/21 at 11:09 pm to borotiger
quote:
You are known to be illogical, emotional and politically motivated so I will stop trying to reason with you.
Well, you clearly don't know my politics, but you've already decided what they are so who's the emotional and illogical one? You are the only one projecting your emotions onto what you think I believe.
But it's good to see you hold yourself in such high regard.
Posted on 7/17/21 at 11:18 pm to lsu xman
This is the kicker. Say a married couple with two children over age 5 and $220,000 of income got a $500 refund for 2020. Their 2021 income is similar, so that’s too high for this year’s extra child credit. But they’ll still get permanent credits totaling $4,000—and receive half of that in prepayments this year of about $333 a month.
Next year, when they do their 2021 tax return, the $2,000 of prepayments won’t be available to lower their tax bill. So instead of getting a $500 refund, they could owe the IRS $1,500.
Next year, when they do their 2021 tax return, the $2,000 of prepayments won’t be available to lower their tax bill. So instead of getting a $500 refund, they could owe the IRS $1,500.
Posted on 7/17/21 at 11:38 pm to bigpetedatiga
quote:
150,000 combined income easily includes middle class in almost every state easily.
I don't think it includes all of the middle class.
Is a family pulling in $150,000 per year gross not middle class? With two adults and a kid (a negative population growth birth rate... but whatever) that's $50,000 per capita, per year.
With two adults and two children (still slightly below replacement birth rate), that's not even $40,000 per year per capita. This is not middle class?
Posted on 7/17/21 at 11:44 pm to lsu xman
Yep. We can totally afford all of this bullshite. 
Posted on 7/17/21 at 11:55 pm to Mingo Was His NameO
Posted on 7/18/21 at 12:00 am to borotiger
I understand there's inflation, however blaming it on a one year advanced credit is asinine.
Posted on 7/18/21 at 12:22 am to lsu xman
That’s why they had kids.
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