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Started By
Message
Manchin told Biden today the proposed child tax credit must be capped at 60k family income
Posted on 10/17/21 at 7:21 pm
Posted on 10/17/21 at 7:21 pm
quote:
Axios
@axios
NEW: Sen. Manchin has told the White House the child tax credit must include a firm work requirement and family income cap in the $60k range, Axios has learned.
These demands would dramatically weaken one of Biden's signature programs.
God bless Joe Manchin
13
Posted on 10/17/21 at 7:23 pm to HailHailtoMichigan!
Lovely, so I can’t get any of my money back
Posted on 10/17/21 at 7:24 pm to HailHailtoMichigan!
quote:
firm work requirement
Cool.
quote:
family income cap in the $60k range
Stupid. It should require someone to actually have a tax burden in order to receive the credit.
Posted on 10/17/21 at 7:24 pm to HailHailtoMichigan!
It's not a tax credit when people that pay no taxes are getting it.
Posted on 10/17/21 at 7:31 pm to L1C4
EITC is biggest joke ever
Posted on 10/17/21 at 7:33 pm to HailHailtoMichigan!
The minimum should be 60K The cap should be atleast 150K. With wages so high now having both parents working would put mosh couples over that amount .
Posted on 10/17/21 at 7:34 pm to HailHailtoMichigan!
quote:
capped at 60k family income
So two working parents making 35k each don’t qualify.
Someone explain to me again how he’s not trying to absolutely crush the middle class
Posted on 10/17/21 at 7:35 pm to tjv305
This is the correct answer
Posted on 10/17/21 at 7:36 pm to Nguyener
quote:there already is a tax credit for families in the middle and lower classes.
Nguyener
this is a whole new one biden wants.
we don't have the money to pay for it.
manchin is dealing with reality.
Posted on 10/17/21 at 7:37 pm to HailHailtoMichigan!
quote:
firm work requirement and family income cap in the $60k range
If you and your spouse both make over $15 an hour, you probably do not qualify.
Gonna be fricking awkward when they raise minimum wage to $20/hr
Posted on 10/17/21 at 7:42 pm to GoldenGuy
Oh frick, just found out what that $600 IRS receipt was about.
How much do you make per week if you work 8 hours a day and make $15/hr?
quote:
If you and your spouse both make over $15 an hour, you probably do not qualify.
How much do you make per week if you work 8 hours a day and make $15/hr?
Posted on 10/17/21 at 7:44 pm to Nguyener
quote:
So two working parents making 35k each don’t qualify.
Someone explain to me again how he’s not trying to absolutely crush the middle class
Should be expanded to combined income of 150k and gradually phased out after between 150 and 200
Posted on 10/17/21 at 7:45 pm to HailHailtoMichigan!
quote:
a firm work requirement
Biden and Schumer will tell Manchin no and Manchin will click his heels and vote for Biden’s tax and spend bill.
Posted on 10/17/21 at 7:45 pm to HailHailtoMichigan!
In response, Biden drooled and exclaimed that his butt needed wiping.
Posted on 10/17/21 at 8:04 pm to HailHailtoMichigan!
You think this is a win? These same families are getting tax refunds and lord knows what else.
Posted on 10/17/21 at 8:06 pm to HailHailtoMichigan!
Just give everybody UBI of $5,000/ month and move on
Everybody
Everybody
This post was edited on 10/17/21 at 8:06 pm
Posted on 10/17/21 at 8:14 pm to GoldenGuy
quote:
How much do you make per week if you work 8 hours a day and make $15/hr?
$600 pre-tax.
Posted on 10/17/21 at 8:31 pm to TheCheshireHog
quote:
How much do you make per week if you work 8 hours a day and make $15/hr?
$600 pre-tax.
Damn, I’m in the wrong job.
Posted on 10/17/21 at 8:40 pm to HailHailtoMichigan!
I think anyone who has a kid under 18 should qualify regardless of income.
Posted on 10/17/21 at 8:43 pm to RockyMtnTigerWDE
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