The child tax credit
The Biden administration has been focused on the child tax credit, with an expansion passed in the House in February. This could’ve been another Kamala Harris tax reform on high priority if she wins the election.
Kamala stated at a political event in North Carolina before Biden left the race that, “Whereas the last administration gave tax cuts to billionaires, we gave tax cuts to families through the child tax credit, which cut child poverty in America by half.”
The American Rescue Plan increased the maximum tax break to $3,000 or $3,600 for every child, up from $2,000, and sent payments to families each month.
As a result, the child poverty rate dropped to a historic low of 5.2% in 2021, mainly due to the expansion, an analysis found. Sadly, after pandemic relief ended, childhood poverty more than doubled in 2022, leaping to 12.4%, according to the US Census Bureau.
Most if these discounts do not apply to seniors that are not home owners , the bath jscyzxu makeover also does bit apply if you don’t own a home.
Basically we don’t make the $2,000 whatever the exact range was
And still struggle to choose over paying rent, electricity , medicine
And sometimes food. So in reality what’s so great about these discounts the majority of us are not getting
Nor are we getting extra in our checks. Right now there’s meds my insurance doesn’t cover my health isn’t
The greatest therefore I need my meds. And within the last two months between electricity which is importante due to chronic asthma and sarcoidosis. I need my ac on. And now a new desease which is out of my hands and has become out of control. I’ve had to my np children for help because I don’t have the extra cash to pay for my meds. And I have to have these meds. So what can I do. I am elderly and in a fixed income. Yet I need my meds and I need the electricity first if all for my nebulizar treatments and with this weather that exacerbates my Asthma and my Sarcoidosis which also a lung desease. I would love to get some answers please. Hopefully this won’t be another email not read. Which brings me and many others to square one. AGAIN.
I’m just wondering where will the money for all her promises come from? How much more will it add to the federal deficit? Is she going to continue to send money to Ukraine without any accounting from them and will she be getting biden’s 10% cut now?
Is she going to get rid of the odious double taxation of US citizens living abroad. She should abolish citizenship based taxation, which is basically taxation without representation. What would the founding fathers say!! The USA is the only country in the world apart from Eritrea that imposes this awful burden on its expat citizens. It’s a disgrace.
I think it looks pretty good, lets go Kamala!!!!!!!
Balderdash, she is just blowing Biden’s smoke.