• Parsani [love/loves, comrade/them]
    hexbear
    41
    10 months ago

    An expansion of the Child Tax Credit that focuses on the 19 million children who are shut out of the full credit because their families’ incomes are too low would come at a modest cost. For example, making the current law $2,000 credit fully available to these children would cost roughly $12 billion per year in 2022, according to the Joint Tax Committee estimates.

    • jack [he/him, comrade/them]
      hexbear
      45
      9 months ago

      Sure, we could end child poverty with a snap of our fingers, but what if we stoked the flames of global conflict so we could privatize and exploit the poorest country in Europe? All it costs is their dead children!

      • Parsani [love/loves, comrade/them]
        hexbear
        16
        10 months ago

        https://www.cbpp.org/research/federal-tax/year-end-tax-policy-priority-expand-the-child-tax-credit-for-the-19-million