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The John Batchelor Show

#CONGRESS: #CTC: The child tax credit grows and grows without commn sense & What is to be done? Veronique DeRugy, Mercatus Center, George Mason University

The John Batchelor Show

John Batchelor

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4.52.8K Ratings

🗓️ 2 February 2024

⏱️ 10 minutes

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Summary


#CONGRESS: #CTC: The child tax credit grows and grows without commn sense & What is to be done? Veronique DeRugy, Mercatus Center, George Mason University
https://www.nationalreview.com/corner/about-the-ctc-disincentive-to-work/
1907

Transcript

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0:00.0

At Barclays, we know money can be tricky to navigate.

0:03.0

We're here to help you find your way around it.

0:06.0

Like saving for a trip away.

0:08.0

Because when you want a romantic weekend in Rome,

0:10.0

you need to take care of the numerals.

0:12.0

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0:17.0

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0:20.0

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0:27.0

with selected Savings accounts.

0:28.0

Teensencies apply, 16 plus. This is a child tax credit.

0:33.0

I am the world. I'm John Bachelor.

0:38.0

The Child Tax Credit.

0:40.0

I learned from the Washington Examiner

0:42.0

that the House of Representatives has passed a enhancement of the child tax credit.

0:48.7

It reads this way.

0:50.1

The main tax legislation expands the child tax credit by changing the calculation of the credit

0:56.3

on a per child basis to make it more generous. It would also increase the maximum refundable amount per child from 1,600 to 1800 in last year's taxes.

1:08.8

1924 this year's and 2025, a change that will benefit lower income families.

1:17.0

Will it?

...

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