Republicans are losing their minds because of the massive tax cut families just started to see

[Johnny2X2X]

Last edited Tue Jul 20, 2021, 10:50 AM - Edit history (1)

This new child tax credit people starting seeing in their bank accounts this week is a tax cut. That's all it is. Now we get to find out what means more to Republicans, getting a tax cut, or making sure poor people don't. I think it's clear where they've already fallen on this, "Why are we paying poor people who can't take care of their kids money to have more kids?" Look for this all week and next week, it's the chosen framing they've chosen.

The way to combat this is to point out it's a tax cut, just like other tax credits end up being, simply a reduction to their tax burden. This is a tax cut, plain an simple to the vast majority of folks. What they are up in arms is that the poorest among us don't have a tax burden already and this is just a larger refund for them paid out early.

And furthermore, they're freaking out that some of those on the higher end of the income spectrum who are getting these checks, might have to subtract from their refund next Spring to pay it back. Like if your family bade $140K last year so you started getting the checks, but you're going to make $180K this year, you tax refund will be smaller in 2021 tax season. Big whoop. A handful of people who maybe itemize and have more deducted so they don't get a refund are getting an interest free loan that they pay back when they do their taxes next year, those people are making really good money and this won't be a burden for them.

Know that this tax cut has been tried before, but Biden is the first one to remove the floor so the people who need the money the most aren't left out. This is going to halve the childhood poverty rate in the US.

[MissMillie]

1. Well, for the past 50+ years, we've been paying

businesses who "can't afford to pay a living wage" or provide health insurance to their employees more money so they can continue to not pay a living wage or provide health insurance to their employees.

It has resulted in the destruction of the middle class.

[Johnny2X2X]

2. Yes!

It seems our media can't think long term. This helps get the working class and working poor back into the middle class. This raises tens of millions of children out of poverty. Children raised out of poverty is great for society morally, and for our long term economic stability. Children not raised in poverty are more likely to achieve their dreams and become productive members of society and tax payers.

I don't have kids, I get nothing from this, but I see the value in raising people out of poverty and giving people a little more dignity. You'll eventually see crime drop, you'll see healthier children, you'll see our schools improve, you'll see all sorts of benefits to society both immediate and long term by halving the childhood poverty rate from 14% to 7%. And the ones still living in poverty will see benefits too, that extra money will help their lives not be so miserable.

And Mitt Romney had a similar plan once, this isn't some left wing policy, this is mainstream and what most other Western Democracies already do for their people.

[Tommymac]

8. The Media thinks long term for the CORPORATIONS. NOT The People. Don't be fooled.

The Mainstream Media is a full on mouthpiece for their Corporate Masters.

CNN, CBS, ABC, NBC , and of coarse FOX. They are all shills for policies that favor their Corporate owners pockets to one degree or another.

Yes, some are occasionally on The People's side - in the late afternoon and evening MSNBC to a great extent and CNN to a lesser extent are examples of Center left views, but check out those 2 networks programming in the morning and early afternoon - very very very much oriented to the center right if not the crazy right.

[LaMouffette]

9. But Republicans need their lower-income white voters to stay poor, uneducated, and most of all angry

so that they'll continue to vote against the Democratic liberal "elites" whom they blame (thanks to Republican propaganda) for their impoverished lives.

For Republicans, happy, satisfied voters spell disaster. The worst possible outcome for them would be for Republican voters to suddenly realize the truth: that it is not the liberal Democrats, but the Republican capitalist oligarchy that has been screwing the middle- and lower-class workers for decades.

[Johnny2X2X]

22. Absolutely

Especially the new Trump voting Republicans who need all the help they can get. Seeing a check come in every month to help them instead of the rich is going to have an effect on people.

[LaMouffette]

32. I hope it sinks in with them that it's always the Democrats who come through for middle-income and

lower-income folks. I seriously don't understand how they came to view the Republican Party as their saviors.

[Baked Potato]

31. Agreed.

[BeckyDem]

3. Yes, Dems are the party for the people, while Trump and his enablers are not.

It is that simple and this relief will help so many deserving Americans.

[mucifer]

4. Tell them to send their checks back to the government

[lagomorph777]

5. Wait a minute, tax cuts aren't for the little people!

Who's gonna pay for my yacht? Not me!

[mnhtnbb]

15. You mean who's going to pay for your ride into space?

The uber wealthy have now moved beyond yachts to space travel.

[lagomorph777]

16. Flying Dick Yachts

[mnhtnbb]

17. .

[Captain Zero]

18. That's really not space travel to me...

more like a high priced carnival ride. Can't you get the same rush from bungee jumping? On the upswing?

[bucolic_frolic]

6. What? Republican tax cuts for the rich are now Democratic tax cuts for the masses?

How will that play at the voting booth?

[Johnny2X2X]

7. I'm debating on a bipartisan board right now

It's crazy, Going back to Reagan, Clinton, Bush, Obama, and even Trump, tax credits have always been seen as part of big tax cuts. It boils down to this, if you have kids and make less than $170K as a family or $95K as an individual, your tax liability is being reduced, period. What they hate about that is the poorest people, who are impoverished already don't have income tax liability, so this is more money for them, they'd rather forgo their own tax cut because they can't stand the thought of poor people getting a penny more in help, that's where the Right is morally right now.

That's their problem with this, poor people being lifted out of poverty harkens back to Reagan's racist Welfare Queen myth.

[JI7]

10. The problem is so many in the middle class from lower to upper feel this way

There aren't enough wealthy people to make a difference in terms of voting.

It's these resentful voters you mention that are the problem . They are more resentful of the poor that have nothing getting a bit than all the crap the wealthy get and do including the mess they can cause.

This often has to do with racism also .

[jaxexpat]

14. Johnny2X2X, JI7, you are both right at the beating heart of it.

If someone had only thought to bring a holly stake and a handy mallet we could, together and once and for all, end this racism, classtiness, resentimentality and greediocrity. I wonder who or what is behind all of these, our, failures to escape from those crushing, millennia-old tendencies to do detriment to ourselves as well as countless others. To clean the spot, the thing that's so obvious and before our very eyes.

I've an idea the coded answer is that this whole thing is a setup, a ruse. All of it a construct formed from our mutual agreements to abandon individuality and free will in favor of uniformity and acceptance of a certain, proscribed set of limitations on our imaginations, a conformity of arbitrary definitions from which we, as a species, fear liberation as much as death itself.

[IronLionZion]

11. Republicans want tax cuts for job creators, not families

if families get tax cuts then they won't create jobs.... oh wait. America has tons of open jobs now. Almost as if jobs are created by consumer demand.

[multigraincracker]

12. "Why are we paying poor people who can't take care of their kids money to have more kids?"

'Look for this all week and next week, it's the chosen framing they've chosen.'

Good reasoning, for us. Now we can offer free government abortions on demand for the poor, and then call for 20 years in jail for rich folks sending their daughters off to get abortions. Sounds fair to me.

[Renew Deal]

13. The tax credit is one of the most pro-family and pro-life actions the US government has ever taken.

If you ever want to motivate people to have more kids, this is the move.

[Cinnamonspice]

19. And yet Republicans claim to support tax cuts.

[radical noodle]

20. Higher income folks

generally don't care about tax refunds. Getting a tax refund means that you've let the government have an interest-free loan... letting them use your money when you could instead be investing it for a gain. Even socking it a savings account at a bank is a better option even though interest rates suck right now.

[oldsoftie]

21. Its a tax CREDIT, not a tax CUT.

Youre getting money NOW that you would normally get after filing your 2021 taxes

[CTyankee]

23. so many people brag about getting a refund on their taxes...

like it is new money.

[Johnny2X2X]

24. They raised the child tax credit

Another way to look at it is, you paid taxes every paycheck, the government is giving you some of those taxes back every month right now.

Go back and look at every tax cut the Republicans ever passed and they include tax credits as part of their cuts.

[PoindexterOglethorpe]

25. I'm confused. If this is merely a tax credit, how is it that those paying

little or no federal income tax are still getting the money? I had thought this was simply a direct payment to the families with kids.

[Johnny2X2X]

26. People who pay little or no federal taxes already qualified for tax credits.

You can pay almost nothing in Federal taxes and get a massive refund in April because you're poor and have kids, this just increases that. For the majority of the middle class though, this is just getting some of the taxes they paid back every month.

If I paid $10K in taxes and normally break even at tax time, but take a tax credit for $3000 for anything, my tax liability becomes $7000 instead and I either get a refund at tac time, or they pay me back my taxes a little at a time throughout the year like this.

[Warpy]

27. If you want less of something, tax it. If you want more of something, subsidize it

Millennials aren't doing the "normal" things like moving out, buying cars, getting married, and having kids. They can't afford it. Obviously, they need to be subsidized and this is a slow, tentative start. We need to have people with hope for the future who are willing to gamble that it is sound enough for them to raise kids.

We need fewer billionaires, they're toxic to democracy and no matter how much they grab and hoard, they never have enough. We need to tax them, make them support their own country as well as other countries without sweetheart tax laws Tax them. It's time.

Our economy is too top heavy to last much longer unless some drastic steps are taken. Too bad the Senate is so loaded with wingnuts, guess we'll just have to have another crash, instead.

[Johnny2X2X]

28. Republicans would rather pay more in taxes than help the poor

Biden was smart to create this conflict for them. The tax credits (cuts) go all the way up to $95k and $170K, so a lot of high wage earners are forced to ask themselves that very question, "do I want to pay more taxes if it means less help for the poor?"

[LetMyPeopleVote]

29. The GOP only want tax cuts for the rich

Bottom up tax cuts work and trickle down tax cuts never work

[Evolve Dammit]

30. This money will be spent immediately for bills, etc. Not stashed in a bank account like the cut did

The lower and middle class are all struggling to just exist. This will have many positive benefits, and the rich can piss and moan all they want. They got theirs and just wish the rest of us would be slaves or drop dead.

[KentuckyWoman]

33. If your family made $140K ...

Is that low end enough to qualify for taxpayer help these days ?

No wonder the families I know struggling to gross $50K a year are suffering. Most of the working singles in my life are lucky to gross $30K. Wow.