Child tax credit explained

ANOTHER STEP TO UNIVERSAL BASIC INCOME 

NO NEED TO WORK OR PAY TAXES TO QUALIFY

Much has been made of the Child tax credit expansion that was part of the March 2021 American rescue Plan. Under the expanded rules parents can receive up to $3600 a year for children under 6 and $3000 a year for children 6-17. There has been such a credit for years it was called a low income child tax credit with a maximum of $2000 a year. The difference is that it does not require someone to work or to pay taxes.  It also doesn't start to phase out until $75,000, $150,000 for two and $112,000 for head of household. It also allows monthly payments in advance, rather than after a tax return is filed.

This is really just the next step to a universal basic income plan that has been proposed by progressives for years. In that plan everyone would receive a cash subsidy annually, without any work requirement.

If they really want to help families with children, without an ulterior motive, they could just raise the tax  deduction for each child to whatever number would be appropriate.

This present idea will encourage no work, and coupled with their child day care plan will allow people to not work and become dependent on the federal government. With all the possibilities, rent subsidies, food stamps, and these new benefits it will become possible to have generations of dependents. In fact a whole segment of the population that will likely never work, never teach their children work skills and in fact be a drag on the rest of the country.

Of course, that is the real motive, expand those dependent on federal government handouts and thus continue to expand the democrat voter base, which they hope one day will be a majority. We will then see our economy collapse and we will be a third world type country. At last equality, all poor and just trying to meet basic survival needs. We may be beginning to see that reality now.