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I think the child tax credit should phase in. My daughter got much more expensive once she thought she was an adult. Start it at age eighteen and end it at... well, I'll have to get back to you on that.
You are aware that daycare for 1 child is ridiculously expensive too, right?
Many tax benefits phase out. It is not unreasonable that the child tax credit do so as well.
However, in the current political climate it is difficult to find reasonable solutions to many issues.
I agree. Reasonable solutions actually exist. Reasonable politicians are extremely rare.Many tax benefits phase out. It is not unreasonable that the child tax credit do so as well.
However, in the current political climate it is difficult to find reasonable solutions to many issues.
It is not the reasonableness of solutions that is different in this climate. It is the reasonableness of people to accept and agree upon reasonable solutions.
Of perhaps you could get a clue? Daycare is about a mortgage a month for one kid. So in my personal case, it was put money into 401K and Savings... or Daycare. FYI, I don't make crap money.You are aware that daycare for 1 child is ridiculously expensive too, right?
If it is prohibitively expensive for you, then you cannot afford the privilege of raising a child of your own while simultaneously demanding that others care for your child so both you and the baby-mommy can acquire more material gains. perhaps put those intentions into helping others in your community raise their children instead?
Yeah, that is just ignorant. There seems to be a hole in the bucket mentality for some. People shouldn't have kids if they can't afford it. But we can't provide viable wages for millions of jobs because the unskilled labor isn't "worth it", in their own opinions. And, we can't provide help for daycare so a household can have two working incomes because they shouldn't have children if they can't afford to pay two mortgages and a car payment every month (don't forget saving for college and retirement!). How many people are having kids at this point?Flying first class to Hawaii from the mainland is ridiculously expensive. The government should pay me a subsidy so that I may exercise that right.
After some point in your life, you will be dependent upon children born today and over the next 10-20 years as well as those born in the last decade or more for your medical care, to provide and run infrastructure, to run society when you are too old and too ill to do so. If we want our society to keep functioning, we need to encourage the next generations. And to make it possible to raise children decently.
I understand all that. I am in favor of free K-12 education, free community college and subsidized public 4 year and graduate universities. I am also in favor of some help to parents.
But US already had plenty of those. EITC is much more generous and has much higher income caps for people with children than the child-free, and so are other forms of public assistance like food stamps and Medicaid. Then there is child tax credit, which is "refundable" meaning you may have a negative effective income tax rate!
All that has existed already. No need to add more and more subsidies for people having many children. Note that the Biden $3000-$3600 per child entitlement (which he wants to make permanent) is not phased out by number of children, which means that it is more beneficial to those having a lot of children than those having few because marginal costs of n+1th child goes down substantially with increasing n.
So in effect it encourages people to pop out a lot of kids.
Like that drug dealer in North Carolina who got shot during a warrant service. 7 children! Seven! That's $21k- $25k in free (to him, in reality paid for by taxpayers like me) money.
So he has tax free illicit earnings and 5 figures bonus for having a lot of sex without a condom, while us taxpayers have to subsidize his lifestyle. Only in America!
Like that drug dealer in North Carolina who got shot during a warrant service. 7 children! Seven! That's $21k- $25k in free (to him, in reality paid for by taxpayers like me) money.
So he has tax free illicit earnings and 5 figures bonus for having a lot of sex without a condom, while us taxpayers have to subsidize his lifestyle. Only in America!
Is this the rule or the exception to the rule? Is it only drug dealers with 7 kids who benefit from this? What bout the Mormons I see walking around here with their 8-9 kids? Fuckin thugs.
Sorry, shouldn't derail the thread.
GOP eedjit Stephen Miller "Biden's speech lacked human warmth".
Actually, If Biden had gotten any warmer, we would have all melted down into puddles of love.
MSNBC just reported Biden's speech has a 85% approval rating among Americans. That must chap these GOP morons' asses big time.
We don’t know what percentage of Americans approved of Biden’s speech yet, but it likely wasn’t 85%.
This stat comes from a report by CBS News who reported that 85% of viewers, not Americans, approved of the speech. As the audience for Biden’s speech last night likely skewed to the left, this statistic does not represent “all Americans.” CBS News reported that 54% of the people who watched the speech were Democrats, 25% were independents, and 18% were Republicans. Of those people, 85% approved of the speech.
GOP eedjit Stephen Miller "Biden's speech lacked human warmth".
Actually, If Biden had gotten any warmer, we would have all melted down into puddles of love.
MSNBC just reported Biden's speech has a 85% approval rating among Americans. That must chap these GOP morons' asses big time.
Well, no not exactly.:
https://www.snopes.com/fact-check/85-percent-americans-biden-speech/
We don’t know what percentage of Americans approved of Biden’s speech yet, but it likely wasn’t 85%.
This stat comes from a report by CBS News who reported that 85% of viewers, not Americans, approved of the speech. As the audience for Biden’s speech last night likely skewed to the left, this statistic does not represent “all Americans.” CBS News reported that 54% of the people who watched the speech were Democrats, 25% were independents, and 18% were Republicans. Of those people, 85% approved of the speech.
Marginal costs decreases substantially with increasing number of children. You may get a bigger place with another bedroom with one child or two children. Having more children also means more hand-me-downs and of course, ability to buy food in bulk. But in Biden's plan, you get $3k for your first child and the same amount for your 10th.I guess it’d depend on where you live but spending only $3k on a kid in a year would be close to child abuse in a lot of places. Not that child abuse doesn’t happen so I guess it’s possible.
I was talking more about moneys and benefits that parents get directly, such as child tax credit, federal exemptions, EITC and food stamps. The $3k should be viewed in light of all the benefits parents are already receiving from the government.I don’t know where you are getting the ‘plenty of that’ idea. To speak to just one of those: state funding of public post secondary education has fallen over the past couple of decades—and more—as a percentage of funding.
That is not true actually.Public education is underfunded and constantly expected to do more than teach academic subjects and the ‘extras’ that are so important: music, art, physical education, etc.
What do you consider an "in humane level of poverty"?In some states, food stamps require an in humane level of poverty to qualify a final states are inadequate.
One way to avoid being poor is not to have children when you can't afford them. Not demand more and more dough from the government.Being poor is hard work, unprofitable and exhausting. And it’s a drain on all of society.
Marginal costs decreases substantially with increasing number of children. You may get a bigger place with another bedroom with one child or two children. Having more children also means more hand-me-downs and of course, ability to buy food in bulk. But in Biden's plan, you get $3k for your first child and the same amount for your 10th.I guess it’d depend on where you live but spending only $3k on a kid in a year would be close to child abuse in a lot of places. Not that child abuse doesn’t happen so I guess it’s possible.
Marginal costs decreases substantially with increasing number of children. You may get a bigger place with another bedroom with one child or two children. Having more children also means more hand-me-downs and of course, ability to buy food in bulk. But in Biden's plan, you get $3k for your first child and the same amount for your 10th.I guess it’d depend on where you live but spending only $3k on a kid in a year would be close to child abuse in a lot of places. Not that child abuse doesn’t happen so I guess it’s possible.
How many children do *you* have?
How many children do *you* have?
I doubt that he has very many! Because costs do not go down with more kids! If we really wanted to help the poor, we'd encourage smaller families. Maybe we should incent families with tax credits for having fewer children. Maybe incent adoption.
???Marginal costs decreases substantially with increasing number of children.
Bedrooms are important, bathrooms will also become an issue.You may get a bigger place with another bedroom with one child or two children.
The "ability to buy food in bulk". Do food prices really drop that much in bulk? Also, apartments don't usually have a lot of bulk grocery storage Meanwhile, hand-me-downs? I'd expect not so wealthy to already be starting with hand me downs (consignment, goodwill, garage sale), and clothes don't last forever!Having more children also means more hand-me-downs and of course, ability to buy food in bulk.
Damn Catholics!But in Biden's plan, you get $3k for your first child and the same amount for your 10th.
Who is incentivized to have more children for $3,000 a year? The value of having a baby is only the joy of having a baby. You can't put a value on the sacrifice required when raising a baby! People would need to be straight up sociopaths to overlook those sacrifices. Of course, there are people out there that view minorities as animals and not human beings.To your last point, perhaps the tax credit could phase out after two biological children, but continue for adopted children. That could incentivize families but not incentivize more reproduction.
Marginal costs decreases substantially with increasing number of children. You may get a bigger place with another bedroom with one child or two children. Having more children also means more hand-me-downs and of course, ability to buy food in bulk. But in Biden's plan, you get $3k for your first child and the same amount for your 10th.I guess it’d depend on where you live but spending only $3k on a kid in a year would be close to child abuse in a lot of places. Not that child abuse doesn’t happen so I guess it’s possible.
Who is incentivized to have more children for $3,000 a year?