Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns
Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns
The vice president’s speech on Friday is expected to reflect her most thorough articulation yet of her economic priorities.
The most striking proposals were for the elimination of medical debt for millions of Americans; the “first-ever” ban on price gouging for groceries and food; a cap on prescription drug costs; a $25,000 subsidy for first-time home buyers; and a child tax credit that would provide $6,000 per child to families for the first year of a baby’s life.
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$6,000 credit for newborns
So, you mean, born with debt? (On top of whatever public debt per capita is)
No. It's basically a continuation of the child tax credit that the republicans killed. It lifted half of kids out of poverty that were in poverty and it was a very very popular covid relief program.
very very popular covid relief program
I mean, everyone's happy when money is flowing in. But someone has to pay for this.
Also: 6k is pretty much nothing compared to the long term cost of raising the child. It really is a populist move - she's buying votes with taxpayer money
But someone has to pay for this.
Yeah, you simply reduce your defense budget by 0.0001%
Yes, you see.. i want the taxes I pay to go to helping people. We could instead, say, stop giving as much to the DoD. We could raise taxes on corporations and close off shore loopholes.. you know, basic good governance.
i want the taxes I pay to go to helping people
I generally agree with this, but I'd rather see government spending my money on infrastructure, like roads, power plants, research ect. so everyone benefits instead of giving it away for free.
Why not both?
Society benefits from children not growing up in extreme poverty.
Society benefits from children not growing up in extreme poverty
True, but giving money for free isn't a proper way of fighting with poverty. The proper way would be introducing reforms that make housing, healthcare and education fundamentally cheaper. That would be effective at fixing the very causes that make people impoverished
Making things cheaper doesn't help people in extreme poverty who have no money.
Giving them money does!
Making things cheaper doesn't help people in extreme poverty who have no money.
They have no money, because everything they need to live, is expensive!!!
Investing in our children is not to fight today’s poverty, but tomorrow’s. We need to give all children a good start and the potential to develop into a healthy part of a strong society. The goal is for them to break the cycle of poverty rather than go around again
That's just an opinion, not an argument.
True, but giving money for free isn’t a proper way of fighting with poverty.
It literally is. Study after study proves just giving people money with no strings attached gives massive benefits for essentially no net cost.
https://college.unc.edu/2021/03/universal-basic-income/
The fact that you don't know this proves you either ignore this, or don't search anything to confirm you're correct.
Why not both? Both choices are an investment in our future, which I’m all for. It’s just a minor difference whether we’re investing in something concrete or something more squishy
I'll pay for it. Gladly. Even though I won't benefit. Ever hear of the old saying about old men planting trees whose shade they'll never sit in?
That money gets put right back into the economy. Tax breaks for wealthy people gets offshored where it won't help the economy.
You say "buying votes with taxpayer money"
I say: "Literally listening to the middle, lower, and working poor and doing what they want."
The child tax credit never should have been stopped because it lifted kids out of poverty and poverty is the number one cause of crime.
It’s not meant to help the long term cost, only the first year cost. After that, there’s the usual $2k or $3k or year or whatever it ends up being after good ones expire
Do not feed the trolls