2021-11 Election Discussion

[FoxtArt]

Oh another one, don't forget the child tax increase, which may surprise some families when they owe taxes at the end of the year. It's a $1,600 a year increase AFAIK, but they pay out $300 a month. So in other words, by tax time there is no tax credit at all, they've already received the refund split out over the year. STILL, parents especially parents with a lot of children are going to vote for whoever keeps that, or expands it, little question.

5 kids = $1,500 a month.

ETA: So this will be quite inaccurate, but I'll do an example.

5 Kids, $1,500 tax credit every month (employment is not required)
EBT: $1,000-$1,100 a month ish (even if they are earning $60k a year during pandemic)
CICP: Medical insurance unnecessary, nearly free E.R. care (worth at least the $200 deductions everyone else gets, + the avg. ~$300 a month amortized medical costs)

So... they get $3,000 in free shit every month. If they make say, $70k a year, the free shit cuts in half at a loss of maybe, $7,000 -10,000 in purchasing power from when they made 60k.

JUST AN EXAMPLE. Thresholds are all over the place I admit I'm guessing here.