It's Earned Income Tax Credit. I dont see a reason to get self-righteous in telling people how they should better their own situation. This is for people who work but still can't get by.
Self-righteous? It’s free ****ing money. They can take it or leave it. They’re basically getting a free or near free ****ing house, money toward higher education and their retirement, and spending money.
**** my wife and I are educated and I’d be the first to say, most of that would be pissed away. Great, it goes back into the economy. But it doesn’t do much if anything at all so far as truly helping these people to better themselves.
Well ****I don’t think you’d be one of the ones getting it.
They could put it straight to my debt without me ever touching it and I would be cool with thatHell, and I like this. People should apply for it. Say how they’d use it.
They could put it straight to my debt without me ever touching it and I would be cool with that
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I’d redistribute in a heartbeat (I’m not top 1% fwiw) if I trusted the government to distribute the money in a way that made sense and wasn’t pissed away on their own “administrative fees” or by the people who received that money.
To receive it, one would have to show gainful employment for x months of x years prior, and a minimal (and majority) amount would have to be spent on housing, and certain adult education requirements would have to be met regularly. Not on a weekly basis but something.
Something to teach “these people” certain fundamentals that any adult and parent worth a damn should know and pass on down to their child.
... that their children are demonstrating an understanding of the importance of their academics by minimal performance standards in school. Perhaps these people also need to take part in minimal community service (32 hours?) each year as well to “give back” for what they’ve received.
This needs to be an improved version of our welfare system which is an abomination. It needs to be about education and community and realizing that this gift is just that and it needs to be cherished by those who receive it and that gifts are not always given.
If it’s me, I don’t give it to the worst 3.33M families in the country. I give it to a tier or two above them. And to people who’ve demonstrated consistent employment.
I’d worry about a neighborhood of 40 new homes that is built for these people turning over time into a ghost town-like Hamsterdams. I mean, you can only “change” these people so quickly, so much.
**** my wife and I are educated and I’d be the first to say, most of that would be pissed away. Great, it goes back into the economy. But it doesn’t do much if anything at all so far as truly helping these people to better themselves.
But to give carte blanche with the money is foolish.
I hope everyone cares about the federal deficit. So are you suggesting cuts to other welfare programs and replacing it with a larger EITC? Tax increases on the rich don't have as great of an impact on federal receipts as people think. For instance, Trump instituted tax decreases on the rich.........and federal receipts have increased during his administration. Anyone proposing that tax increases on the rich can solve our federal deficit is not thinking deep enough about the issue.For those who care about the federal deficit, an equitable bill like that would provide billions in savings elsewhere.
It's been show to be the most effective way to fight poverty.
I hope everyone cares about the federal deficit. So are you suggesting cuts to other welfare programs and replacing it with a larger EITC? Tax increases on the rich don't have as great of an impact on federal receipts as people think. For instance, Trump instituted tax decreases on the rich.........and federal receipts have increased during his administration. Anyone proposing that tax increases on the rich can solve our federal deficit is not thinking deep enough about the issue.
Like I said, if you want to change the ratio, fine. But to give carte blanche with the money is foolish. Someone who works 40 hours a week is gonna get the money and do whatever they want with it. Their kids will most of the time grow up the same, working a crap job seeing that free money, so long as they work, in their future. There will be no reason to better their selves. Heck, many will complain it’s not enough too. As if the 1% is the reason they’re in their situation. As if they deserve more. Sorry, but I see it as a dumb move. Everyone had it beaten into their heads in school from the time they start kindergarten. Education is huge. School is important. And yet many don’t give a ****. They say they do. But they do nothing about it. I see it in my school district which is predominantly poor. And why do they do nothing about it? Because they don’t have parents in place to teach them right from wrong. To stress education and not only stress it but be involved in it. This won’t change that. You’ll be giving a **** ton of money away to people who don’t know how to better themselves. To people who will piss it away because they don’t know how important savings are or a budget is or other life incidents. They’ll grow, in very short term, to expect that money. As will their children. I see it already with my students. They think receiving said money (welfare) is normal and to be expected. They don’t understand the principle of it. Nor do they care to. They just want the money. Which is what would happen here should carte blanche be afforded. They’ll get their money and there’ll be more Range Rovers driving the urban streets. More nights spent out at the bar. More money spent on weed because heck, it’s legal now or will be. Don’t fool yourself. The money will be pissed away by the far majority. And those people, no matter how much the federal government gives them a year, will still be poor. And why shouldn’t it? It’s theirs, right.