38 points

There’s literally been bipartisan efforts to expand the child tax credit ($1000 per year baseline, expanded to $2000 for 2018-2025 and expiring this year, plus COVID era provisions or up to $3000 or $3600 for 2021), and the bills to do so keep dying without a vote.

If they were serious about this they’d expand the 2021 program to where parents were getting $300 checks every month, and make that permanent and indexed to inflation.

So much of the Trump presidency is announcing a new program that sounds good, but isn’t even enough to make up for a program that he already killed.

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7 points

300$ a month is already way below index.

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8 points
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Deleted by creator
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3 points

Well we already lost that in 2022, when it dropped back down to a $2000 annual credit you get when you do your taxes the year after, and after this year it’ll drop again to $1000 unless the law is changed.

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3 points

Still waiting for healthcare to be “fixed”. Definitely going to be any day now…

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1 point

Longest two weeks of my life.

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31 points

It costs $40k/year for daycare. Start handing out $5k to moms, daycare now costs $45k/year.

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2 points

It blows my mind that so many people don’t understand this concept.

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1 point
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They already hand out 3k a year for kids, up to 6k, as well as up to 5k in credits available based on how much you spend and your income level. And I live in Jersey, where everything is expensive, and we were ranked fifth most expensive place to have kids in daycare, and even with two kids in I didn’t pay 40k. Not sure we even cracked 30k, but it was probably close.

EDIT: Info is dated, good thing I have an accountant. Looks like it’s 2k per kid, and the 3/6k is for dependent care credits, which applies from 35% to 20% based on your tax bracket (goes down the more you make).

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24 points
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Ban corporations from owning residential properties. Outlaw rent as a form of slavery. Every person currently renting residential property becomes the owner of the property they’re renting. The 14,000,000 empty residential properties in the USA which are mostly corporate owned get confiscated and distributed based on the needs and skills of the families that need them. Empty 6 bedroom farmhouse on 40 acres of land goes to a family with 5 kids that is willing to farm. One bedroom condominium in the city goes to a single person or a couple. Housing is a human right. Fuck corporations. Tax the wealthy the way they did 80 years ago and use the money to pay for universal health care and free college. Tax robotic labor and AI administrative labor to pay for universal basic income. Let the robots do the work, just give us all our fair share. Nationalize all fossil fuels as a step to phasing them out. When the money from selling oil all goes to the public good rather than corporate profits, it will be much easier to switch to renewables. With free housing, UBI, free college, and universal healthcare in place, lots of people will be interested in having children.

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-5 points

You can have practically free housing. Just buy this for 18500 euros.

https://www.rumah123.com/properti/batam/hos19254242/?price-unit-type=metersquare

Or do you want… free stuff while also having people invest capital in your area?

I don’t think it works that way.

Best we can do is tax your labour and redistribute it.

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2 points
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You don’t think if people owned the houses and condominiums they live in and had UBI that they would invest in their own home upkeep? My great grandfather cut down some trees and built a house. I’m not suggesting corporations shouldn’t be able to build houses, they just shouldn’t own them. Let corporations own commercial and industrial properties.

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0 points

Your great grandfather lived in a place worse than the house I showed you. Batam in Indonesia is a pretty nice place. Been there, liked it quite a lot.

It’s not really housing material that is expensive. It’s labour, taxes and the land to build on.

The building land in my and my brother’s portfolio is valued at 400k euros. Just a piece of land. Good investment right? Belgium’s economy could have gone to utter shit the past few decades and it would be a worthless piece of land.

Can you force us to sell it? Perhaps. It’s used as a garden.

Imagine we put an apartment on it and have economic immigrants rent in it. Then randomly these economic immigrants would own the place?

Well, aight. Then I go to Switzerland and go rent a place and own it as well. I don’t think it will work out well. Basically it would halt globalisation and migration would no longer be viable.

Which sucks, because nobody here wants to have kids anymore.

You’re saying extremist things so you need to think them through.

Aight. Renting is outlawed. You can’t speculate on building land anymore. What happens now?

Developments halt because these people have a lower amount of capital. Lower amount of capital means lower economies of scale. Lower quality buildings. Worse for energy usage. Bad usage of space.

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23 points

Maybe if the world people were raising their kids in didn’t look so fucking gloomy thanks to some fascist fucks, they’d want to have more kids.

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20 points
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People are not having kids because the middle class cannot afford it. Assuming your household has the average American household income of 80k. This would give the household something like 40k at most after the kid’s associated expenses, which means that each parent would have a whopping 20k to themselves. This is positively fucked because they would have to have a quality of life similar to someone who is eligible for food stamps, but they would not be themselves. Kids are for those who already benefit from government programs, or those who can afford a very expensive pet for a minimum of 15 years.

All this will do is increase the number of children born into poverty, which already accounts for the majority of children born in America.

You want an actual solution? Give parents food stamps up to a yearly income of 120k

I also find the implication that a human life is worth $5,000 disgusting.

It was clear to me that when the gov’t went after reproductive rights, it was because declining birthrates are detrimental to capitalism. The money cannot stop; the money cannot slow down. Capitalism REQUIRES exponential growth in every regard.

Any “moral” reason given by a politician against abortion is a thinly veiled disguise to ensure that the machine always has enough cogs to keep running and growing.

How are you going to say a fetus is priceless and then say a live infant is worth $5,000? Fucking disgusting.

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1 point

First you need to take out taxes, then you can budget with what’s leftover.

No one making $80k a year has $80k to spend unless they’re a drug dealer.

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1 point

I don’t see a clear association in saying a baby is worth $5,000 when existing tax law says a baby is worth $2,000 off your taxes. It’s an incentive, not a bill of sale.

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2 points

Drops back down to $1000 for 2025 unless the increase is extended. A $5000 payout is actually less of a payout than just extending the current CTC.

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