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| Topic | Politics Containment Topic 232: Jay Inslee Is Too Pure For This World |
| Forceful_Dragon 08/01/19 1:48:51 AM #25: | It's not an unreasonable position to take at all. Many tax credits get phased out above certain income threshold. As it stands for that particular tax credit you can get up to 35% back for the first $3000 you spend on child care expenses. (Or $6000 for 2+ dependents). BUT its not refundable, so if you are low income and either don't owe taxes or have already had your tax reduced to zero from other credits then you can't benefit from this at all. Now that 35% does get reduced to a minimum of 20% as your income increases, but the fact remains that even to this day this is a credit that the lowest income families will be the least likely to get any benefit at all from and high income families will easily be able to reduce their tax by $600-$1200. . Edit: This is related to the now deleted post about the oped from Biden from 1981 that doesn't say what Harris claimed it said during the debate. https://mobile.twitter.com/chrisjollyhale/status/1156753423309713408 Not sure where that post went. --- ... Copied to Clipboard! |
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