What an expansion of the Child Tax Credit could mean for parents

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CBS Mornings

CBS Mornings

Күн бұрын

Пікірлер: 148
@sethskullsberg7787
@sethskullsberg7787 11 ай бұрын
Tons of people relying on an extra $200 to their tax return are getting the news about it from people who spent $200 on a pair socks. On top of that, the other part of the bill is cutting taxes for large corporations that will get millions of $$$, not $200 extra
@golden3154
@golden3154 11 ай бұрын
Preach!!!
@KB-ke3fi
@KB-ke3fi 11 ай бұрын
On top of that free money to millions of illegal immigrants will get billons of dollars of free stuff American citizens won't ever get by working for it.
@StofleTheBadger
@StofleTheBadger 11 ай бұрын
So that’s what the bill is really about thank you ;)
@katieulrich8445
@katieulrich8445 11 ай бұрын
These people are so out of touch!They have no idea how expensive everything is in today’s world! $680 will help for maybe a month or two. Yet they seem to think it’s the best will help all year long or something!!
@babyigotchomoney
@babyigotchomoney 11 ай бұрын
idk what state you living in but 680 is good for two weeks max where I’m at
@kay-collins
@kay-collins 11 ай бұрын
Right!! Just like Biden said that little $600 stimulus SHOULD LAST AMERICANS FOUR MONTHS!!! That’s what he spends on DINNER!! Why do people keep voting for these fools!?!
@Jams90.
@Jams90. 11 ай бұрын
What a joke. Let’s give every child $200 more this year. WOW. Thats a game changer. Make it 3000 or 3600 again. Absolutely shameful. Corporations get 40 billion and we get $200. I’d rather the corporations not get anything and I get nothing. It’s basically like we’re getting nothing. Horrible.
@ZeginMakesMusic
@ZeginMakesMusic 11 ай бұрын
Without corporations getting tax benefits, We literally wouldn't have electricity or running water. We wouldn't have a new thing to buy every year. Stop being a consumer. That's the only way you'll get to keep your money.
@Jams90.
@Jams90. 11 ай бұрын
@@ZeginMakesMusic obviously wrong. Capitalism doesn’t exist anymore. If they’re good they’ll survive and if they’re not they won’t. Stop giving handouts altogether or give everyone equal handouts.
@acer4237
@acer4237 11 ай бұрын
Corporations = employment….no job no money no tax credit
@KB-ke3fi
@KB-ke3fi 11 ай бұрын
Corporations are folding up because of Biden. Be careful what you wish for. Or you may not get food.
@chiplangowski3298
@chiplangowski3298 11 ай бұрын
Corporation get a break on home much they PAY. The child tax credit is a direct payment even if you pay nothing in taxes. Nobody should get more back than they pay.
@2011Savere
@2011Savere 11 ай бұрын
So congress still trying to decide if they should pass this for Americans paying taxes as people are doing their taxes now??? Yet they know right away to help migrants and illegals. Something is definitely wrong with America.
@xlightfootx
@xlightfootx 11 ай бұрын
that's democrats and democrats policy's
@eavymuturuh3717
@eavymuturuh3717 11 ай бұрын
@@xlightfootxboth parties.
@chinomar1
@chinomar1 11 ай бұрын
Immigrants pay taxes, they always had, yet most of them don’t claim any.
@thegraffitiplayground1325
@thegraffitiplayground1325 11 ай бұрын
America last baby
@christianwoman44
@christianwoman44 11 ай бұрын
House passed it the other day, now it's on to the Senate
@Abaddon231
@Abaddon231 11 ай бұрын
They are claiming this is gonna bring American children out of poverty?! That's hilarious.. It's not even a rough money to buy the kids new coats or school clothes ..
@DRockafeller
@DRockafeller 11 ай бұрын
Imagine them working to get something done for the American hard worker ..... Dont hold your breath
@rigil5477
@rigil5477 6 ай бұрын
The Chid Tax Credit is cash welfare but only for married couples with children and single mothers. People without children are disqualified. When Clinton limited cash welfare to five years in the 1996 Welfare To Work Act it was rebranded afterwards as the Child Tax Credit. It goes by different names but result is the same - cash welfare only for people with children. Now the program is being renegotiated in Congress. Americans still have no safety-net for basic cash welfare and food benefits for everybody. To get people to "go back to work" Congress can either reduce the federal poverty threshold (currently $15,000 per year) or dismiss the annual increase in funding. Under no circumstances should the program be "cut" or put under "work requirements." (January 25, 2024. CBS Mornings) 🇺🇸 @00:15
@waydewilson4457
@waydewilson4457 11 ай бұрын
This child tax credit is pathetic. I took my w2 to turbo tax calculator and plugged in the numbers. With the predicted CTC I will only get an extra $200 for THREE kids. That is $66/child.
@MyCatsChannel841
@MyCatsChannel841 11 ай бұрын
Extactly and there acting like it’s thousands it’s not
@EverythingWithNikRich
@EverythingWithNikRich 11 ай бұрын
Smh this is crazy
@moebaby4143
@moebaby4143 11 ай бұрын
Turbo tax you don’t really get credit
@jimmyjameslee7189
@jimmyjameslee7189 11 ай бұрын
try being a childless adult and getting nothing
@icycici6191
@icycici6191 11 ай бұрын
You need to file with H&R Block. I get a better return as a parent with them.
@justmyownpersonalopinion
@justmyownpersonalopinion 11 ай бұрын
Only corporations won who are we kidding
@KB-ke3fi
@KB-ke3fi 11 ай бұрын
They are taking the biggest hits in Bidenomics. They have costs too.
@dtsang508
@dtsang508 11 ай бұрын
Making such a big deal over an additional $100 tax credit. Whoopty freaking doo...
@007diego2
@007diego2 11 ай бұрын
200$
@eavymuturuh3717
@eavymuturuh3717 11 ай бұрын
@@007diego2😂
@murdoch3396
@murdoch3396 10 ай бұрын
Why should people who don’t pay tax get anything? I hate how all my tax money is given to welfare recipients and Israel.
@SherryKeenan-om7eh
@SherryKeenan-om7eh 11 ай бұрын
I want to know why a child of 17 isn't covered on CTC. You are not considered an adult until 18. You're still a child at 17.
@JMcMac4t
@JMcMac4t 11 ай бұрын
And the money instantly goes back into the local economy…
@feefee2
@feefee2 11 ай бұрын
So if the proposal is saying the tax credit will b raised each ye with inflation, are they expecting inflation to continue worsening in 2024 and 25? 😬😭
@dred_pyrate_obrey8789
@dred_pyrate_obrey8789 11 ай бұрын
They are ensuring it does
@Johngoodman454
@Johngoodman454 11 ай бұрын
What if you filed already? I mean? No one said nothing about this
@eavymuturuh3717
@eavymuturuh3717 11 ай бұрын
Exactly purposely done.
@ElTee519
@ElTee519 11 ай бұрын
Separate check will be sent out
@erikmorales8688
@erikmorales8688 11 ай бұрын
ACTUALLY they do talk about it you need to keep up with this. Don’t expect people to inform you of everything.
@Issac_G
@Issac_G 11 ай бұрын
Right you will not have to file amendment , they will fix it and send a check
@Shamus71
@Shamus71 11 ай бұрын
Big deal $680. We spend that much in formula, diapers .. ect in 2 months.
@darkgalaxy5548
@darkgalaxy5548 8 ай бұрын
A good argument for why the poor shouldn't make babies.
@livefree_with_vinnie
@livefree_with_vinnie 11 ай бұрын
What about people who does not have kids? When do I get tax credit? Why does the government give free money to parents who can’t afford their children? If you can’t afford kids, do not have them.
@dcr8983
@dcr8983 11 ай бұрын
Exactly!!!!
@luciarivera-sanchez2642
@luciarivera-sanchez2642 6 ай бұрын
It’s not that we can’t afford them but the world we live in keeps making it harder on us with the inflammation what are you talking bout
@sidneya.4330
@sidneya.4330 11 ай бұрын
Throwing some slick shade at Gayle on air 🫤
@woodmandawson1416
@woodmandawson1416 11 ай бұрын
No good for those who have children in college at age 21.
@FJoeBrainDeadBiden
@FJoeBrainDeadBiden 11 ай бұрын
It means literally nothing. It is only for the absolute poorest familes in the U.S. If you have a stay at home wife with 2-3 kids.. And you only made 68k last year. You're crap out of luck folks, even though you're also struggling apparently 68k a year for 2 kids and a stay at home wife is just too rich. LOL
@jasons5654
@jasons5654 10 ай бұрын
Exactly , if your kids have aged out and/or you make over 60k as a couple you can't get earned income credit, I have several guys that make as much as I do with several kids that have been talking how much they are getting back , one guy and his wife (she only worked about 8 months) work at the same company and they are getting back 6k even with them making more than the threshold for the EIC credit and another is getting back almost 12k , WE MAKE around 50k a year , mean while my wife is disabled so because we file together we get to pay taxes on her disability and which means the government kept 4k of the 6k I paid in in just federal taxes last year.
@relaxinglivesounds8973
@relaxinglivesounds8973 10 ай бұрын
This Child Tax Credit is BS. So Married filed separately, gets nothing. This is some BS. So Married people only got 1 choice is the file jointly in order to get this credit. Some BS
@TheWorst_time
@TheWorst_time 11 ай бұрын
Terrible idea.. it’s 38 billion for cooperations, 38 billion for taxpayers. I rather have nothing. 76 billion wasted.
@rdavian
@rdavian 11 ай бұрын
I don't usually vote because I think that voting does not matter, but this time around I'm a vote for Trump because this s***'s got an end
@missb6064
@missb6064 11 ай бұрын
What if I already filed? 😢
@glasscannon4723
@glasscannon4723 11 ай бұрын
Youll be fine you didnt miss much tbh
@darkgalaxy5548
@darkgalaxy5548 8 ай бұрын
Parents should be taxed more. Why should the rest of us subsidize other people's children?
@PichisnPep
@PichisnPep 11 ай бұрын
I was going to file taxes before this news😂 do we have a choice?
@ZeginMakesMusic
@ZeginMakesMusic 11 ай бұрын
The date you file is irrelevant
@zayzay2527
@zayzay2527 11 ай бұрын
My kids eat 2000 in a month
@reneelovejoy5302
@reneelovejoy5302 11 ай бұрын
Yeah a lot of us caught the slick shade that was thrown at Gayle😩🤦🏽‍♀️😡
@mOOOp42
@mOOOp42 11 ай бұрын
This is great! Now more children will be born in fatherless homes. Some, not all, women literally depend on handouts like this to never work a day in their life. They will just keep having baby daddy's retaining child support and welfare, while looking out for the next deal such as this. This is a wild way to raise the declining birth rate in the US.
@jimmyjameslee7189
@jimmyjameslee7189 11 ай бұрын
yep me and my childless adult friends are fed up were all signing up for disability this is getting disgusting just because we are responsible and cant afford kids we get a kick in the nuts
@maleekajones5893
@maleekajones5893 11 ай бұрын
You have to work and have a w2 to claim a child on your taxes. Unless someone else claims them and gives you the money. I don’t believe anyone would want to live in poverty if they didn’t have to.
@AlejandroRamirez-le2vv
@AlejandroRamirez-le2vv 11 ай бұрын
This is a hand out to corporations labelled as child tax credit. Do you really think $200 dollars a year will actually help a single mother?
@Bigmoney4life
@Bigmoney4life 11 ай бұрын
@@maleekajones5893 you don’t have to work long I know a lady that works one month out of the year and she claims her four kids every year
@Bigmoney4life
@Bigmoney4life 11 ай бұрын
@@jimmyjameslee7189 exactly they just making it harder for the responsible people with no kids
@xlightfootx
@xlightfootx 11 ай бұрын
big whoopie doo doo 600 bucks
@xxkhalilxx0
@xxkhalilxx0 5 ай бұрын
non custodial parents another L
@sb8404
@sb8404 11 ай бұрын
I vote NO
@elwafi2001
@elwafi2001 11 ай бұрын
$600 extra 😢 that is it folks everyone is going to be rich 😂
@grinch45
@grinch45 11 ай бұрын
Free Stuff Army Captain Development traininh is what I call this. All the people I know call me stupid when I am not aware of all the free stuff.
@sb8404
@sb8404 11 ай бұрын
The rich gets richer
@A3Kr0n
@A3Kr0n 11 ай бұрын
People should get a tax credit for NOT overpopulating the Earth.
@dcr8983
@dcr8983 11 ай бұрын
Definitely!!!
@Anti-democratChick
@Anti-democratChick 11 ай бұрын
Only 200 more child tax credit 1600 now, i just did my taxes and i have a 12 year old so i don't know where they get 2000 from. Unless younger kids below 12 get it, their parents rather. EIC was $3900 i think
@aviaforrester1481
@aviaforrester1481 11 ай бұрын
out of state Ex: Massachusetts.
@TashaKing-c6s
@TashaKing-c6s 11 ай бұрын
Wat about the ssi ppl who don't work
@lukastargaryen9598
@lukastargaryen9598 11 ай бұрын
The SS and SSI got their COLA increase and SSI is state Taxes (FICA) which is not the same as someone who paid into the SS system.
@eavymuturuh3717
@eavymuturuh3717 11 ай бұрын
@@lukastargaryen9598nonfilers got it about 2 years ago.
@Ms.FullPotential
@Ms.FullPotential 11 ай бұрын
Wow Jill you called Gail King an “aggressive person”, your so mad smh
@barbieken6752
@barbieken6752 11 ай бұрын
All by design…. Increasing the CTC… to put us further into debt & increase inflation….😩
@ChadPeery-m7e
@ChadPeery-m7e 11 ай бұрын
Does anyone know if we can claim the invasion of illegals and how many we can claim 🤔
@JohnChong-wb7pw
@JohnChong-wb7pw 11 ай бұрын
Stupid. Billions to Ukraine with a B! Maybe 13 to 16 million to FAMILIES WITH CHILDREN IN THE US. It might not go through. Money for U.S. own people only a fraction of what we're sending out.
@jojuancarey1547
@jojuancarey1547 11 ай бұрын
Trash
@lendaryreviews
@lendaryreviews 10 ай бұрын
😂😂😂yet they allow human smuggling 😂
@jean9421
@jean9421 11 ай бұрын
Ya needed so much right now
@BlackNAVYAmericanVET
@BlackNAVYAmericanVET 11 ай бұрын
More money for Ukraine Border ❤
@Socratic199
@Socratic199 11 ай бұрын
Hey, kids are great and all. Old folks, too. Medicare and such. But, uh.. how about some love for us hard working single dudes, can't afford life? I don't know if anyone's noticed the correlation between desparation and violence, but it seems pretty clear who's doing the majority of "snapping." Single working age men. It's not the most popular topic, sure. Who cares, right? But, I think that might be the issue. Can we pay ANY attention to how we're doing? What do we need? What are the challenges making life so hard to afford? I feel like there's alot of us, and we get no kind of play. Might be why trump's getting so much love from them. Should maybe take a look at that? Maybe? .. Please?
@andrewblah1113
@andrewblah1113 11 ай бұрын
the 20k I spent on kids this year if I didnt have kids I'd still have that 20k
@Socratic199
@Socratic199 11 ай бұрын
@@andrewblah1113 Yeah. It's the missing extra 20k keeping me from having kids.. The subsidizing others life choices/stages while having mine actively ignored/dismissed is what I'm pointing a finger at. I don't have a labor union, social movement, political representation or even media air time, to make my case. They don't seem to value it. Which is their choice, of course. I'm not the forcing type. But, 20 years of angry war vets with IED training and living in tents by the thousands? That's not something that will stay quiet for much longer. That anger is manifesting itself in all kinds of ways. Getting more organized and targeted. That's a hard habit to break, after a while. Especially if the pay's that much better. I'm wondering if I'm not a fool for following the rules, myself.
@andrewblah1113
@andrewblah1113 11 ай бұрын
@Socratic199 our vets are not taken care of, and it's literally appalling. Joe Biden doesn't give a damn at all. He rather give all that money to illegals and kick vets out of hotels and homes before vets get a dim
@raysully7571
@raysully7571 11 ай бұрын
preach lol
@tamlynn786
@tamlynn786 11 ай бұрын
Hmm. Well let’s see I’m a mom of 2 teenagers. I haven’t bought myself anything. I’m wearing the same clothes I did back then because all my money goes to afford a 3 bedroom apartment which I wouldn’t need if I was single. It goes to sports gear, school outings, registration fees, school clothes, school supplies, haircuts, food and much much more. None of which would be an expense if I was single. And any vacation time I have I use when they’re sick or taking them to the doctor or when they have a break from school. You don’t get a tax break but you don’t have the expenses that parents do.
@smauglord8117
@smauglord8117 11 ай бұрын
Why only under 17 yrs old?
@lady2550
@lady2550 11 ай бұрын
More wasted dollars. Smh
@lovejones1897
@lovejones1897 11 ай бұрын
It’s not wasted us working families take care of our kids and we deserve a break get mad at the wasted dollars on migrants and wars
@lady2550
@lady2550 11 ай бұрын
@lovejones1897 it's wasted. Those are YOUR kids, why should MY tax dollars fund them? Same for public school. Tax breaks aren't breaks for others just for you.
@lovejones1897
@lovejones1897 11 ай бұрын
@@lady2550 because I TAKE CARE OF MY KIDS AND HELP FUND OTHER PEOPLES KIDS AND YOUR ROADS AND BUILDINGS, and pour my HARD WORKING MONEY INTO THIS COUNTRY
@lovejones1897
@lovejones1897 11 ай бұрын
@@lady2550 not our fault you can’t have any and you are mad everyone is getting a credit stop being so miserable and find God not grief
@KB-2222
@KB-2222 11 ай бұрын
​@@lovejones1897God has nothing to do with anything unless you use that a your crutch. You are your own person and determine your fate overall to be honest. Learn true history. God was made up and forced upon you whether you know it or not.
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