Is it possible to restore the child tax credit back to where it was?

[bendog]

President Trump Reduced Legal Immigration. He Did Not Reduce Illegal Immigration

The population of illegal immigrants remained about the same as when he took office.

www.cato.org

When able bodied Americans are fully employed then you can lobby for more legal immigration

Btw, large numbers of legal immigrants are older family members who add nothing to the US economy

Its true that trump was unable to end illegal aliens from getting into the country but it was not for lack of trying

Anybody who wants a job can have one NOW. You can look up the dman workforce stats for yourself. People were bashing OBAMA for falling worker participation.

 

[task0778]

Question is whether society values raising kids. I think it should. Seems important.

Too bad the democrats don't value children before they are born as much as they do after. Seems just as important.

 

[colfax_m]

Too bad the democrats don't value children before they are born as much as they do after. Seems just as important.

Dunno man. Forcing women to give birth and then leaving them in poverty seems especially screwed up.

 

[Unkotare]

The ”expanded” child tax credit is a misnomer for many: the tens of millions of people who pay no income taxes whatsoever now get thousands of dollars in welfare per year. A young couple with three children, who owe no taxes, get around $10,000 a year, taxfree, or the equivalent of a part-time job.

This has caused three problems:

1) Mothers with part-time jobs have now quit them because they don’t need the earnings anymore, exacerbating the labor shortage

2) Those who did not have jobs now are flush with cash they never had and spending more freely, also exacerbating the labor shortage, inflation is rampant.

3) As far as the inflation, the parents getting several hundred dollars of OPM can absorb it, but it is causing a massive hardship for young singles, childless couples, retired next couples, and of course our senior citizens on modest fixed incomes,

There is something very wrong with policy that allows only a certain segment of the population to improve their lives when it harms other segments of the population.

Can we reverse this back to the original? In doing so, we would remove at least some of the pressure on inflation and reduce the financial hardship caused to people without children.

The government cannot be trusted with our money, but encouraging people to marry and have children is a very valid goal.

 

[sealybobo]

The ”expanded” child tax credit is a misnomer for many: the tens of millions of people who pay no income taxes whatsoever now get thousands of dollars in welfare per year. A young couple with three children, who owe no taxes, get around $10,000 a year, taxfree, or the equivalent of a part-time job.

This has caused three problems:

1) Mothers with part-time jobs have now quit them because they don’t need the earnings anymore, exacerbating the labor shortage

2) Those who did not have jobs now are flush with cash they never had and spending more freely, also exacerbating the labor shortage, inflation is rampant.

3) As far as the inflation, the parents getting several hundred dollars of OPM can absorb it, but it is causing a massive hardship for young singles, childless couples, retired next couples, and of course our senior citizens on modest fixed incomes,

There is something very wrong with policy that allows only a certain segment of the population to improve their lives when it harms other segments of the population.

Can we reverse this back to the original? In doing so, we would remove at least some of the pressure on inflation and reduce the financial hardship caused to people without children.

I heard this child tax credit is going to reduce Black child poverty by 50 percent.

And how many of you middle class republicans are paying less taxes today because of this credit?

 

[sealybobo]

The government cannot be trusted with our money, but encouraging people to marry and have children is a very valid goal.

The U.S. birthrate fell by 4 percent in 2020, hitting a record low. People are having fewer children than the 2.1 needed to maintain a steady population. That's been true for years across all domestic communities.

U.S. fertility rates are likely to be considerably below replacement levels for the foreseeable future.

Researchers are still trying to figure out exactly why people want fewer children.

Why is the birth rate in the U.S. so low? And if we can find ways to encourage people to have more children, should we?



I say no.

 

[sealybobo]

The ”expanded” child tax credit is a misnomer for many: the tens of millions of people who pay no income taxes whatsoever now get thousands of dollars in welfare per year. A young couple with three children, who owe no taxes, get around $10,000 a year, taxfree, or the equivalent of a part-time job.

This has caused three problems:

1) Mothers with part-time jobs have now quit them because they don’t need the earnings anymore, exacerbating the labor shortage

2) Those who did not have jobs now are flush with cash they never had and spending more freely, also exacerbating the labor shortage, inflation is rampant.

3) As far as the inflation, the parents getting several hundred dollars of OPM can absorb it, but it is causing a massive hardship for young singles, childless couples, retired next couples, and of course our senior citizens on modest fixed incomes,

There is something very wrong with policy that allows only a certain segment of the population to improve their lives when it harms other segments of the population.

Can we reverse this back to the original? In doing so, we would remove at least some of the pressure on inflation and reduce the financial hardship caused to people without children.

I say we should not be encouraging people to have more kids but you know the corporations want more bodies. More workers, more consumers. You can't grow if the population is declining.

Opinion | The feminist victory at the heart of America's falling fertility rate

We've seen too many news stories warning of economic collapse and not-so-subtly blaming selfish women for not having enough children.

www.nbcnews.com

A lot of this decline is probably because people are waiting until they feel ready to become parents. U.S. social policy has emphasized the importance of people's waiting to have children (until they are older, until they are financially stable) for decades. So why isn't the fact that people are delaying their fertility treated like the policy success that it appears to be? Instead, we've seen many news stories bemoaning falling fertility rates, warning of economic collapse and not-so-subtly blaming selfish women for not having enough children.

For decades, U.S. women have reported that far higher fractions of their births occurred before they wanted or after they had had as many children as they wanted

Surely a country that prides itself on people's living their lives as they see fit would see this as a success?


But no. Instead, this reproductive autonomy is decried as women's failing to fulfill our duty to the economy. Which is both callous and ironic, since choosing when you have children is a fundamental human right, and delaying childbearing until you are ready it is exactly what social programs have been promoting for decades.

Put simply, there's been a wildly successful campaign to convince women in the U.S. that it's our responsibility to plan our fertility. The message that we should have babies only when our lives are arranged just so, not before, and that if we plan well enough we will be able to achieve all our aspirations — financial stability, relationship dreams, educational goals, a good life — has sunk in.

Women have gotten the message. Declines in fertility have been concentrated among younger Americans. Teen fertility has declined by more than 75 percent in recent decades, all the way down to 15.3 births per 1,000 women ages 15 to 19 last year, from 61.8 births per 1,000 in 1991.

 

[DBA]

I say we should not be encouraging people to have more kids but you know the corporations want more bodies. More workers, more consumers. You can't grow if the population is declining.

It is counter-productive if they don't want to work. That is the part Democrats can't seem to grasp.

 

[Unkotare]

I say we should not be encouraging people to have more kids .

..

You recognize our declining fertility rate then say something like the above? Truly fucking brainless.

 

[Opie]

I don’t understand why people like it. Wait until you file taxes this year you will want it switched!

 

[initforme]

There is no labor shortage. That is fake news,.

 

[initforme]

More and more women chosing not to have kids will be a huge positive for the nation. It opens more higher paying jobs to employees and helps phase out lower wage jobs which do not need to be done

 

[maybelooking]

Oh Jesus Christ. Tax credits do not cause inflation.

Inflation is caused by energy prices, supply, and demand. Fix the supply shortage and this inflation will dissipate.

Thanks to Joe Manchin it may well be possible to get inflation under control.

 

[initforme]

I admire those women who make the brave, courageous, well thought out choice not to have kids but instead focus on making all the money they can. $ over all else is the American way. They are brave.

 

[maybelooking]

I admire those women who make the brave, courageous, well thought out choice not to have kids but instead focus on making all the money they can. $ over all else is the American way. They are brave.

absolutely. just make that choice BEFORE you involve another life!!

or you can decide to do BOTH. my wife had 2 kids and is KILLING IT in the corporate world!!

 

[initforme]

Yes. Those that believe a d cloning birth rate is a bad thing are anti American.

 

[Lesh]

We're talking about $10K a year for a family with three kids.

That ain't life changing money. Hell it's hardly a part time job...and in a lot of cases it pays for day care and allows for a FULL TIME job

 

[Unkotare]

More and more women chosing not to have kids will be a huge positive for the nation. It opens more higher paying jobs to employees...

What employees?

 

[Unkotare]

... lower wage jobs which do not need to be done

Why don't they need to be done?

 

[Unkotare]

... $ over all else is the American way. .....

It most certainly is not.