The Damage Report
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Republicans UNMASKED After Twisted Tax Charade Unveiled
Posted
July 25, 2023
Views
24,768
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1,666
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7.56%
July 25, 2023
24,768
1,666
206
7.56%
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6:01Now PlayingRepublicans attempt to bring back tax cuts after massive backlash but with a twist incentivizing right-wing agenda with unborn babies benefit. John Iadarola and Adrienne Lawrence break it down on The Damage Report.
Read more here:
Republicans Want to Give Americans an Extra $4,500 for Having Kids
"Republicans are ready to bring back the Democrats' much-desired child tax credit (CTC), but GOP lawmakers want to use the benefit to incentivize Americans to have more children.
While the CTC is one of the rare tax policies with bipartisan support, lawmakers differ when it comes to the size of the tax benefit, the pay plan and the eligibility requirements for an expansion. Since the pandemic-era child credit expired in 2021, Democrats have made expanding the tax benefit a top legislative priority. With the Providing For Life Act, Republicans seem ready to play ball.
The GOP proposal led by Senator Marco Rubio is not only offering more money than the legislation being put forward by the Democrats, but it would also apply to fetuses in the womb."
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