73 Comments

In this country, if one is poor, it’s because that your choice. After working for Head Start for 20 years, I know people do not wake up one morning and say...” I’m not going to work. I want to be poor”. We balk at taking care of those in need. We would rather enrich huge corporations than help those in need. Shame on us.

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founding

Why is it that we do LESS than "The Least We Can Do"? It takes corporate tax breaks to entice Republicans (who all depend on corporate donations they raise to be able to stay in office--to continue this grift sham)! When the Pope asked by Michael Moore if Capitalism is evil, he said, "Si"! Where is the moral compass of the Chamber of Commerce, the Corporate C suite, the Wall Street Journal Board??? "This" all reflects our society, so each should ask, "What is truly my moral compass?" This is a horrible time to be most children on this planet. Thank you Judd and team for describing this wretched situation in depth.

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I will never understand the wealthy's disdain for the poor.

I wish we could do a trading places switcheroo with every single Republican and CEO of every company mentioned in the article.

Fuckers.

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All republicans I meet ask, how will we pay for this? Regarding any service for working people or the poor… I ask them why our military spending is $877 Billion- more than the next 11 largest countries COMBINED. Wouldn’t being bigger than the next five suffice? THAT is our money that should go to the people of this country! On top of that we have a number of individuals who are multi- billionaires. You can’t spend that kind of money in a lifetime! So why let this continue. We have previously had a tax rate for the wealthy topped out at 92% in the 1950s!!!

We have the answers, we refuse to use them.

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Republicans/Joe Manchin: "F**k them kids."

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Lol "large amounts of transfer payments that are not connected to work” is the modus operandi of the entire GOP

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I don’t like this proposed law. It does too little for the poorest and gives too much to people and corporations who need to be paying more taxes. Monthly checks, generous ones, and no work requirements, period. Grandparents and Disabled people also parent children, and they need the full credits.

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Important piece. The CTC during/after the pandemic was transformative. Another reason D’s need to take control of White House, Senate and House. While Manchin will be gone,I worry about Fetterman now, given his recent ‘change’; we’ll see.

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I don’t get it. So we aren’t paying for this modest CTC expansion. We are lumping it in with business tax credit extensions so they don’t work against it? Like, NONE of this is paid for?

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Thank you for this reporting. For those conservatives afraid we are encouraging the poor to not work, then why do you also oppose free breakfast and lunch at school? Why do you oppose expansion of free preschool? Why do you oppose paying medical and dental for children? You want these children to be born, then walk away when it comes to raising them up to be healthy and productive members of society. Explain this to me, if you can.

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Jan 24·edited Jan 24

While it shouldn't take corporate tax breaks to gain political support for child poverty prevention policies; I'm assuming the domestic research tax break is referring to this?

https://blog.pragmaticengineer.com/section-174/

While it doesn't seem like the highest priority, allowing R&D expenses to again be deducted in the year they are incurred seems reasonable. It also benefits more than just tech heavyweights in that start ups frequently have large R&D expenses. Apparently the standard practice here (before the 2017 tax law change) and in other countries globally was too apply R&D expenses this way.

That said, ensuring the IRS is well funded to look into the businesses R&D expenses should be a part of this. Companies love to shoehorn costs into R&D and more scrutiny here would be a good thing.

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Thank you for a very good explanation of the ins and outs of this issue. One that does not make my eyes glaze over.

It is astounding how these legislators think, how common sense is the furthest option from their minds.

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I know a couple of really poor people. They work for me for a while, then their lives get disrupted and they fall through the cracks again.

I am retired and getting pretty old but I still manage a large garden/ orchard/ chicken flock. I could not afford $15/hour but I could afford $11/ hour, paid each day at the end of the day. This young man got in trouble with the law for a stupid brawl. He got 6 years, even though no one went to the hospital and no weapons were involved. He served his time. Now he tells me that he can't vote until he is "off papers. That's another 4 years, by his calculations. He does not own any means of transportation, so going to work in our small town is already near impossible. I used to pick him up at his house and bring him here to work every day. He was a pretty good worker.

So there are many reasons folks are poor. The way I look at it, people are directly impacted by the laws that the Legislators make. The legislature dictates who is rich, who is poor, who gets ahead, who doesn't. They are more than any other body, the dictators over our fate. When they have "safe seats" and listen to their donors instead of their constituents, the country goes to the dogs.

Our Prisons system is in serious need of reforms.

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This stinginess when it comes to our nation's families and children is why even if the economy is not doing as well in Germany, or other wealthy countries, the families and children are doing better. The USA has a lot of misconceptions about what government should do for them, and one of those is that people need to suffer on their own if they do not have the access and means to do better than they are! It is mean spirited to put it nicely. This is the politics of those with a vengeful God, not a benevolent one. It is just sickening. We should be taking care of our nation's children, they are our responsibility and our future. They deserve our support. Corporations should not be getting tax breaks. We need that going in the opposite direction. As Matt Stoller says of Boeing, it should be broken up.

https://www.thebignewsletter.com/p/its-time-to-nationalize-and-then/comments

It is already so heavily subsidized, and it's business model is just unsafe. Lots needs to be fixed in American corporate culture, but paying less taxes is not one of them.

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Shorter Republicans - we will fight anything that takes one dime out of the pockets of our donors.

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