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Originally Posted by Reiwa
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yeah youre talking about refundability
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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.
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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
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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.—
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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