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re: President* Biden: On July 15th, automatic payments from the Child Tax Credit will beg...!

Posted on 6/21/21 at 10:25 am to
Posted by TDsngumbo
Member since Oct 2011
50796 posts
Posted on 6/21/21 at 10:25 am to
quote:

Progs only care about appearance.

That’s because their voters are too stupid to look beyond appearances.
Posted by cajunangelle
Member since Oct 2012
167565 posts
Posted on 6/21/21 at 10:26 am to
So Shawanda and Tammy white trash with 8 kids; will all be buying the latest $1000 phones and bitching people out from their chariot luxury leased cars?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/21/21 at 10:26 am to
quote:

Still, I have no problem with this


Its not going to help kids.

People need to stop thinking with their bleeding heart and start being rational. This is nothing but transfer payments that adults will use to buy bigger TV,s or more weed.

When you give money to dysfunctional people, they become more dysfunctional.
This post was edited on 6/21/21 at 10:27 am
Posted by TDsngumbo
Member since Oct 2011
50796 posts
Posted on 6/21/21 at 10:26 am to
quote:

This is where real inflation will start to decimate the economy.

They’ll raise taxes on businesses and corporations to pay for it and those stock prices will tank, putting them all on a clearance sale. Then smart conservatives will scoop them up in droves and we’ll make money off of it in the long run. Then we’ll be taxed at a higher rate on those earnings later
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58521 posts
Posted on 6/21/21 at 10:27 am to
quote:

huge step towards a tax system that works for the middle class. It will lift millions of children out of poverty.
does not compute.
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 6/21/21 at 10:27 am to
Hey Joe Biden,

frick you and every person in your administration.

Signed,
Folks
Posted by GatorReb
Dallas GA
Member since Feb 2009
9425 posts
Posted on 6/21/21 at 10:28 am to
quote:

Tax season melts will be epic!


It thought that at first as well. But it won’t be AS bad as I initially thought. Yes it’s a tax credit advance essentially. But it’s only for 6 months. And I guess the child credit is doubling. So the money that families are going to be getting for the most part is part of that doubled credit that they have never received before.

So with the tax credit advance and the doubling of the child credit they pretty much off set.

I wan to say the tax advance is a little
Higher. But not massively higher that half.
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 6/21/21 at 10:29 am to
quote:

Most working families will receive automatic payments – no sign ups needed, all you need to do is make sure you’ve filed your taxes. Folks who don’t make enough to be required to file taxes can get these benefits too.


God Help my children.

This is not sustainable. And we might not recover from it. Soviet style poverty and authoritarianism is on its way here. It’ll just take a generation to get here.

Civil War Round 2 is inevitable.
Posted by hogcard1964
Alabama
Member since Jan 2017
20015 posts
Posted on 6/21/21 at 10:31 am to
This shart is insane.
Posted by TDsngumbo
Member since Oct 2011
50796 posts
Posted on 6/21/21 at 10:32 am to
It will only be for six months so the harder hit at tax time, to families who don’t adjust their withholding, won’t be until tax time 2023.

Hmmm… what happens right before tax time 2023??

Hmmm… what could they do after that to make everyone forget about the tax hit in time for 2024 when Kamala runs to keep her seat that she slid into?
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 6/21/21 at 10:33 am to
quote:

Folks who don’t make enough to be required to file taxes can get these benefits too.


Folks who don’t make enough to pay taxes can get an automatic advance on a tax credit they can’t claim , don’t know how to ask for, and didn’t pay for. This is progress.

-Joe Biden
This post was edited on 6/21/21 at 10:35 am
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 6/21/21 at 10:34 am to
They’re trying to destroy this country and cripple its citizens before we even realize how bad it is and by then it’ll be too late
Posted by Jack Carter
Member since Sep 2018
12200 posts
Posted on 6/21/21 at 10:34 am to
quote:

Folks, this Child Tax Credit is a huge step towards a tax system that works for the middle class. It will lift millions of children out of poverty.


Tax system? It’s called WELFARE.
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
14304 posts
Posted on 6/21/21 at 10:35 am to
I really am scared this will be the point where inflation is very noticeable.

It's one thing to mail one time or two time checks during a pandemic, but giving a family with 2 kids $500 a month of printed money indefinitely will absolutely cause inflation no matter what the Fed tries to spin.

Republicans might take back the house and stop them from raising taxes, but they will not stop this program. Name a single program the republicans have ended once they took power back.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 6/21/21 at 10:36 am to
They don't even have an option yet to unenroll from this bullshite. You have to take it.
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23750 posts
Posted on 6/21/21 at 10:37 am to
Thats why Democrat's will not lose in elections going forward. Who would say "No" for free money.

Posted by monstranceclock76
Texas
Member since Jul 2019
932 posts
Posted on 6/21/21 at 10:42 am to
Opt out of this!! They will come back later expecting a payback
Posted by shallowminded
Member since Nov 2012
3143 posts
Posted on 6/21/21 at 10:42 am to
Time to buy stock in dodge auto Corp, and air Jordan..
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
72103 posts
Posted on 6/21/21 at 10:44 am to


How in the frick did we go from mid 2019 glory to mid 2021 doom so fricking effortlessly????
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
72103 posts
Posted on 6/21/21 at 10:46 am to
quote:

advance on an existing credit right


Oh ok, whew.

Gonna make some people mad af when they owe $3k for 6 months of $500 advances
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