Project 1999 - the i dont care about politics anymore thread

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Quote:

Originally Posted by Elizondo (Post 3414844)

lol dude

I'll try one more time but you boxed in with no way out

Did Biden's changes to the 'child tax credit' within The American Rescue Plan of 2021 remove work requirements

YES or NO PLEASE

THANKS

There was not a work requirement prior.

Biden reveals that he's tanking the economy (because reptoids are making him do it) and that inflation is an asset to their new world order.

Quote:

Originally Posted by Reiwa (Post 3414851)

There was not a work requirement prior.

Source?

Quote:

Originally Posted by Elizondo (Post 3414853)

Source?

yeah youre talking about refundability

Raising interest rates so first time home buyers and the middle class has to fix the inflation caused by this:

Quote:

Perhaps the most staggering example of a government bailout has been the response to the COVID-19 pandemic, which led to a severe contraction in economic activity and employment as people all over the world stayed home to curtail the spread of the disease. On March 27, 2020, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provided more than $2 trillion in assistance. This included stimulus check payments of $1,200 per adult and $500 per dependent child.15 Another round of stimulus payments of $600 per qualifying adult and per dependent child was allocated as additional assistance funds at the end of 2020.16

Not even a year later, on March 11, 2021, President Joe Biden signed the American Rescue Plan Act into law, which delivered a third stimulus check of $1,400 for qualifying adults and each of their dependents. The American Rescue Plan, totaling $1.9 trillion, extended and/or amended many of the provisions included in the CARES Act, including a pause on federal student loan interest and a supplementary weekly unemployment benefit of $300, that expired on September 6, 2021.17

Other measures include the Paycheck Protection Program, which funneled more than $500 billion to companies through the Small Business Administration to keep workers on the payrolls.18 Meanwhile, the Federal Reserve provided liquidity to financial markets by expanding its balance sheet by $3 trillion.19

While all of this happened the rich got 10 times richer than they have gotten in the last 10 years.

Quote:

Originally Posted by Reiwa (Post 3414854)

yeah youre talking about refundability

Where is your source that there was no work requirement previously?

https://thehill.com/policy/finance/5...-starting-this

Quote:

Democrats temporarily expanded the child tax credit in early 2021 as part of a sweeping coronavirus relief package enacted under President Biden.

Under the expansion, Democrats removed work requirements for the credit, raised the maximum credit amount and allowed those eligible to access half of the credit amount through monthly payments ....

Advocates and experts say returning to previous versions of the credit, which included work requirements and a credit that was not fully refundable, would hurt those most vulnerable.

So basically they changed it into a welfare system for people that don't pay any taxes, don't work and left the label of 'child tax credit'

What's even more insane is that in Joey's BBB plan he wanted to expand on this insanity and remove social security number requirements. Gratz illegal aliens. You now get free taxpayer money courtesy of shameless democrats.

https://rules.house.gov/sites/democr....pdf#page=1647

Quote:

1647
1 lowed under this section for such tax2 able year, plus
3 ‘‘(II) an amount equal to the
4 product of $3,000 multiplied by the
5 excess (if any) of the number of quali6 fying children not described in clause
7 (I), and who are taken into account in
8 determining the annual advance
9 amount with respect to the taxpayer
10 under section 7527A with respect to
11 months beginning in such taxable
12 year, over the number of such quali13 fying children taken into account in
14 determining the credit allowed under
15 this section for such taxable year.’’.
16 (e) REPEAL OF SOCIAL SECURITY NUMBER RE17 QUIREMENT.—

So all brandon really did was remove the work requirement for a year because this change was only temporary in ARP and expires this year. Ironically the first thing Joey is willing to dump to try and get his trimmed down BBB passed is the only thing you consider his achievement. ironic.

Have a nice day. Gratz on your L

Quote:

Originally Posted by Elizondo (Post 3414860)

Where is your source that there was no work requirement previously?

https://thehill.com/policy/finance/5...-starting-this

So basically they changed it into a welfare system for people that don't pay any taxes, don't work and left the label of 'child tax credit'

What's even more insane is that in Joey's BBB plan he wanted to expand on this insanity and remove social security number requirements. Gratz illegal aliens. You now get free taxpayer money courtesy of shameless democrats.

https://rules.house.gov/sites/democr....pdf#page=1647

So all brandon really did was remove the work requirement for a year because this change was only temporary in ARP and expires this year. Ironically the first thing Joey is willing to dump to try and get his trimmed down BBB passed is the only thing you consider his achievement. ironic.

Have a nice day. Gratz on your L

It's not a work requirement it's a remittance requirement.

Biden ended the reverse means-testing of the child tax credit. 😎🍦

damn, for a communist sympathizer Joe Biden is doing some crazy means testing

not at all a bunch of gymnastics with a peppering of something about IQ

You're on a dead EverQuest server's forum commenting on politics because you didn't graduate from college. Stop thinking, please. Everyone

Quote:

Originally Posted by Jibartik (Post 3414845)

This CNBC report on home buying today has got me 100% certain that the collapse is just a year or 2 away.

One of my clients recently expatriates and moved to Mexico (dudes a millionaire portfolio manager). Last time he came in, he was certain that the collapse would be within the next 5 years, and he urged me to pack up my family and get out of dodge if at all possible