• Granbo's Holy Hotrod@lemmy.world
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    5 months ago

    They already gave out all the tax cuts they could manage, and surprise, surprise, there are none left for anyone who would truly benefit. Just wait. Things are gonna trickle down any day now.

    • sparkle@lemm.ee
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      5 months ago

      There are more tax cuts left for people who could benefit. They’re just all also going to go to the 1%

    • btaf45@lemmy.worldOP
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      5 months ago

      Turns out when we follow the money that billionaires are the actual people the GOP regards as special.

  • someguy3@lemmy.world
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    5 months ago

    The legislation would have given low-income parents larger tax refunds, especially in households with multiple children. Tax analysts said a tax filer who has two children and earned $9,000 last year would receive a child tax credit refund worth $975 under current law, but $1,950 under the proposal.

    The bill’s authors, Sen. Ron Wyden (D-Ore.) and Rep. Jason Smith (R-Mo.), said it would “help 16 million kids from low-income families and lift 500,000 out of poverty,” in part by allowing parents to claim the full tax credit for each of their kids, something they can’t do now.

    Republicans complained that Senate Majority Leader Chuck Schumer (D-N.Y.) only brought the measure up for a vote six months after it was approved by the House (by a 357-70 vote) to help bolster the campaigns of vulnerable Democratic incumbents facing tough reelection fights in November.

    Some GOP senators also warned about giving Democrats a major election-year legislative victory

    • edgemaster72@lemmy.world
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      5 months ago

      After denying Obama the chance to fill a vacant Supreme Court seat then rushing through ACB in a much shorter window, Republicans deserve all the election year fuckery until Trump’s appointees are off the court

      • someguy3@lemmy.world
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        5 months ago

        Mr Lindsay Graham “use my words against me” when denying Obama’s pick. Well he’s not a man of his word.

    • some_guy@lemmy.sdf.org
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      5 months ago

      Some GOP senators also warned about giving Democrats a major election-year legislative victory

      They’d rather burn the country down for wins than do anything useful for regular people.

      • someguy3@lemmy.world
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        5 months ago

        They wouldn’t pass this if they had the white house. As far as I’m concerned, they think burning the country down is a win.

        • Rakonat@lemmy.world
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          5 months ago

          Keeping the working and middle class entirely dependent on billionaires is what pays for their campaigns to get elected. Killing education and any critical thinking ability in their base is what makes the scam work.

  • WraithGear@lemmy.world
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    5 months ago

    1, they never ever have the intention to do so. 2, even if they did, it would not be during an election cycle when the current president is a Democrat

    • Agrivar@lemmy.world
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      5 months ago

      2a. and if they did, it would have a built in expiration timed for the middle of the next term.

  • BigMacHole@lemm.ee
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    5 months ago

    Republicans are QUICK to cut Taxes for Billionaires and QUICK to Increase Taxes for the Working Class because they CARE about you and me! We just need to VOTE them into Power before they Show us!

  • Zakkull@lemmy.world
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    5 months ago

    Theres literally no reason for parents to have MORE tax cuts. My uncle that makes the exact same wage as me pays nothing in taxes on his paychecks and then gets a nice fat 8k return. I get to pay 500 a month outta my check. Fuck me for not having kids i cant afford and dont want.

      • Zakkull@lemmy.world
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        5 months ago

        Also its like you cant do math. An 8k return. No monthly deduction just about. Food stamps. Subsidise electricity. State healthcare. Paying about a grand less per month to live on top of an 8k return means he practically makes 20k more than me because he decided to have kids he couldnt afford.

        • htrayl@lemmy.world
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          5 months ago

          Your mindset is that kids are somehow encapsulated and isolated property and not full individuals who are lacking any real agency, who will grow up as member of the community to the quality that their upbringing allowed them.

          Spending money on ensuring children have healthy and safe childhoods is both the easiest moral and easiest social financial decision of all time.

          Children cannot decide to be alive, they cannot decide the environment they are in, they cannot decide their parents, or make any reasonable effort to change those circumstances. It doesn’t matter what decisions their parents make or made, we still have a choice to either let those without agency suffer or not.

          Beyond that, if you have the moral backbone of some worm, then think about this: children who grow up financially secure result in adults who are simply more productive and less costly than those who are not. To the point where an adult who had that security during childhood will easily contribute far more than it cost for that security. They are already earning their keep.

        • Monkey With A Shell@lemmy.socdojo.com
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          5 months ago

          Having no deductions is a function of what you put on your W4, not of having kids.

          I’ve been on both sides of the coin, it’s not you subsidizing the earned income credit, it’s me and others like me who have ~$4,000 a month taken from our pay and am perfectly content to have it pay for someone’s kids or the local school rather than more military gear. You will get most of all of that $500/month back, or could just adjust the deducts to not have it taken to begin with.

          Back when I did work at wage slave level that EIC was a huge win to have the kids not living in pure squaller, one which I took in as a step child. That was still a once a year thing though.

      • Zakkull@lemmy.world
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        5 months ago

        Damn almost like you shouldnt have them if you dont have that extra money. Doesnt seem like the government should just subsidise everyones children at my fucking expense.

        • Anyolduser@lemmynsfw.com
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          5 months ago

          Do you want people to take care of you and keep your lights on and grow your food when you’re older?

          If yes (because you cannot provide all the complex goods and services you’ll need in your old age), you want people to have kids. The kids of today are the doctors, farmers, and power plant operators of tomorrow.

          People are not having enough kids, largely because of how expensive they are.

          As established, you want them to have kids so that you can stay alive as you age. Therefore, you will absolutely let them have their tax breaks.

          • Zakkull@lemmy.world
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            5 months ago

            Lmfao acting like ill get to benefit off other peoples children when im older and not just going to be left to fend for myself… you know… how it already fucking is. So no. Id prefer to save my own money so i can afford to set myself up when im older. Theres plenty to keep the lights on and grow food. Theres not enough to keep corporations breaking record profits. Dont fall for the fucking propaganda. And quit fucking punishing me for NOT having children i cant fucking afford.

    • elrik@lemmy.world
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      5 months ago

      It sounds like you’re both just underpaid. If you and your uncle had higher wages, and he still received assistance on top of that, would you still care?

    • Bytemeister@lemmy.world
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      5 months ago

      Fuck man, let your uncle and kids have the support.

      Just make billionaires pay their fair share in taxes .