Rubio to vote against GOP tax bill unless tax credit for working poor is expanded
Sen. Marco Rubio (R-Fla.) has informed Senate leaders he intends to vote against the Republicans’ $1.5 trillion tax plan unless it includes a larger expansion of a child tax credit, according to a Senate GOP source.
Rubio and Sen. Mike Lee (R-Utah) proposed a change to expand the tax credit as part of the tax bill that passed the Senate, but the plan was opposed by GOP leadership and voted down.
Lee is undecided on whether to support the bill, according to a Lee spokesperson.
...
More:
https://www.washingtonpost.com/busin...010_story.html
Rubio and Lee have already demanded and received a doubling of the child tax credit from $1000 to $2000 per child. The issue now appears to be the refundabilty of the "credit".
Bottom line: With a fully refundable tax credit, a parent or family who pay no income taxes will receive a $2000 payment per child per year from the Federal government. Thus, this is a welfare expansion.
War is Gay
Thread Starter: Occam's BananaWar is Gay - Jeremy Kauffman for Senate https://odysee.com/@Kauffman:9/WarIsGay:6 WarIsGay/69089af1359443882e6f6f6ceb945a700255d12e
Last Post By: acptulsa Yesterday, 05:39 AM