No, they use children as an excuse to strip the rights of #Bodily_autonomy away from women, as just another stepping stone to give more power to the state and less to the people.
"The modern #GOP is supposed to be pro-family, pro-tax-cuts and anti-“waste, fraud and abuse.” So why are #Republican#senators trying to tank a bill that is all three?
Hive-minding this one. My taxes are basically the most simple they could be and little has changed since last year (similar amount, same work, same method of filing, no dependents or ANYTHING like that). I can't remember if I've gotten one of these letters before, I feel like maybe I have? Anyone else ever get one? Does it delay your refund massively?
Found more info on the tax refund delay from the IRS (and thank you for everyone's help the other day- @mayorbeetles@artlung and @buermann). Check this video. Probably the Path Act/Child Tax Credit stuff. Looks like they're making sure those go out first.
In comparison, I filed my state taxes DAYS later (on Feb 9) than I did the federal (Jan 30) and I just got my state refund today, Feb 14 (luckily, for wifey's birthday). That's 5 days later. That's how doing taxes via CashApp is SUPPOSED to work.
The House passed a $78 billion tax bill on Wednesday that boosts the child tax credit and reinstates business deductions that were rescinded during the Trump administration, sending the bipartisan, bicameral legislation to the Senate for consideration.
Sen #ChuckGrassley (R)criticized the measure, which nonpartisan estimates say could lift 400k #children out of #poverty, because it could help #Biden’s #reelection campaign. He said he would evaluate the bill after the #House vote.
Sen #MittRomney (R),who supported previous #ChildTaxCredit expansions, called the new #legislation “excessive”& said it would turn into “another entitlement program which is massively expensive.”
…The #ChildTaxCredit expansion would ensure that more of the poorest #families — who traditionally can’t claim the credit because they don’t owe any #IncomeTax — would qualify for at least some assistance. It would allow the lowest-income families to claim the credit for each #child; the current credit allows those at the lowest end of the #income spectrum only to receive payments for one child.
#Trump’s 2017 #tax#law doubled the existing #ChildTaxCredit from $1k to $2k per child. In 2021, #Biden’s #AmericanRescuePlan increased it to $3k for kids under 17, or $3,600 for kids under 6. That helped cut #ChildPoverty significantly. #Democrats sought to extend it, but most #GOP lawmakers — & Sen #JoeManchin III (D?) — opposed the move, & it expired at the end of 2021.
The #poverty rate for #children during the final month of expanded #ChildTaxCredit payments under #Biden’s #AmericanRescuePlan Act was 12.1%, the center reported. The month after it expired, the child poverty rate jumped to 17%. It stood at 17.8% in November, the last month for which data is available.
…Disputes among #HouseRepublicans on Tues threatened to derail the legislation.
…On social media, #conservative & #RightWing accounts circulated a #false claim that the #legislation would enable #undocumented#immigrants to claim the #ChildTaxCredit. That is NOT TRUE — the #law does nothing to alter a provision requiring Social Security numbers to access the benefit — but the concerns reached #FarRight lawmakers in the Capitol, w/ #House#FreedomCaucus Chair Bob Good (R) telling reporters that he would not support “child tax credits going to illegals.”
"The poverty rate soared for families headed by single mothers last year."
Again, GOP MOC are the cause:
Despite a strong labor market in 2022, the poverty rate for families headed by single mothers soared.
It's due to the expiration of the child tax credit. Women & children face disproportionate poverty & hardship in the US. The overall supplemental poverty rate increased to 12.4% from 7.8%, while child poverty more than doubled.
Today's key concept is #PredatoryInclusion: "a process wherein lenders and financial actors offer needed services to Black households but on exploitative terms that limit or eliminate their long-term benefits":
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
Chavis's #ChicagoTribune editorial claimed that Direct File could cause Black filers to miss out on tax-credits they are entitled to. This is a particularly ironic claim given Intuit's prominent role in sabotaging the #ChildTaxCredit, a program that lifted more Americans out of poverty than any other in history:
The #UAW are on #strike against the #BigThree#automakers. #Biden should be roaring his full-throated support for the strike. Doing so would be both just and shrewd. But instead, the #WhiteHouse is waffling...and if recent history is any indication, they might actually come out against the strike.
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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
When the Dems allowed the #ChildTaxCredit to lapse - because #JoeManchin insisted that poor people would spend the money on drugs - they killed a program that had done more to lift Americans out of poverty than anything else. Today, American poverty is skyrocketing:
Four million children have fallen back into poverty since the Dems allowed the Child Tax Credit to lapse. The rate of child poverty in America has doubled over the past year.
"child #poverty more than doubled between 2021 & 2022...
And the thing is, this didn’t have to happen... It was instead a #political choice. The story is in fact quite simple: #Republicans & a handful of conservative #Democrats blocked the extension of federal programs that had drastically reduced #ChildPoverty over the previous two years, and as a result just about all of the gains were lost.
"The thing about helping low-income Americans is... because their initial incomes are so low, fairly modest amounts of aid can make a huge difference to their well-being...
we could have significantly blunted the rise in child poverty by retaining just one piece of the #ChildTaxCredit enhancement, the part that made the credit fully refundable...
But we didn’t do any of these things... because of #conservative opposition. And the nation as a whole will pay a steep price."
Republican MOC don't care if you're destitute, get sick, are injured, or die. They prefer you don't have healthcare & are oblivious to poor children's needs *didn't renew the popular expanded child credit. They don't care if children are hungry & live in poverty. #GOPDeathCult Congressional members wouldn't renew the program so:
The #ChildPoverty Rate:
2020: 16.1%
2021: 5.2%
2022: 12.4%
2021-2022 🚨 "a total disaster" after the expiration of the expanded #ChildTaxCredit: https://www.census.gov/library/publications/2023/demo/p60-280.html
House passes $78 billion tax bill in bipartisan vote (thehill.com)
The House passed a $78 billion tax bill on Wednesday that boosts the child tax credit and reinstates business deductions that were rescinded during the Trump administration, sending the bipartisan, bicameral legislation to the Senate for consideration.