Child Tax Credit arms race, it’s gonna get interesting
Curious to know what the projected cost is, considering the $3,600 credit was around $1.4 trillion for a decade
neolthrowaway on
It’s not that populist.
Child tax credit is good.
Subsidies for housing supplying is good.
Affordability agenda for prescription drugs is good.
it’s populist in the sense that it argues for spending money for all these things and people like money. This is how we have been arguing to spend money too.
But it’s not populist just in the sense of appealing to the lowest common denominator like subsiding demand for housing (although I am sure there’s going to be a fair bit of that too). And there’s potential for price controls too.
It’s a mixed bag.
At the end Congress will have to deliver all this and all of this will be negotiated and compromised. So lobby your congressperson when the time comes to keep the good stuff and remove the bad stuff.
7 Comments
Your move JD
Why are we subsidizing children? Just build more uteruses!
Wonderful, just like how the discussions for student loan forgiveness picked up right AFTER I finished paying them off.
God she sucks so much ass. I can’t believe I have to vote for her.
Do it! Use the populism to destroy the populism!
https://preview.redd.it/bweqr5pfl0jd1.jpeg?width=828&format=pjpg&auto=webp&s=c833a69b45fdbe5c8a0f4bdd3ce34c559b7bf4ba
Child Tax Credit arms race, it’s gonna get interesting
Curious to know what the projected cost is, considering the $3,600 credit was around $1.4 trillion for a decade
It’s not that populist.
Child tax credit is good.
Subsidies for housing supplying is good.
Affordability agenda for prescription drugs is good.
it’s populist in the sense that it argues for spending money for all these things and people like money. This is how we have been arguing to spend money too.
But it’s not populist just in the sense of appealing to the lowest common denominator like subsiding demand for housing (although I am sure there’s going to be a fair bit of that too). And there’s potential for price controls too.
It’s a mixed bag.
At the end Congress will have to deliver all this and all of this will be negotiated and compromised. So lobby your congressperson when the time comes to keep the good stuff and remove the bad stuff.