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The Water Cooler
General Discussion
Here you go folks, a peak at whats inside the 3.5 trillion bill....
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<blockquote data-quote="crapsguy" data-source="post: 3654987" data-attributes="member: 45160"><p>Oklahoma Congressmen will definitely vote against it - no need to call</p><p></p><p>and btw -- why is there such a worker shortage?</p><p>because those with kids who would rather not work are getting paid</p><p>$300/month for age 6 or under and $250/month up to 17 -- YES thats right $250/mo to baby sit your 17yr old kids</p><p></p><p>"Prior to the March 2021 coronavirus relief legislation, a Child Tax Credit of up to $2,000 per eligible child was available to qualifying parents. However, only $1,400 of the Child Tax Credit was refundable. This has resulted in many parents not receiving the full amount because their tax liability wasn't $2,000 or more. Parents also got their Child Tax Credit only upon filing taxes, which meant they got a once-yearly bonus but not ongoing assistance as they needed it.</p><p></p><p>The American Rescue Plan Act changed all that in 2021. The Child Tax Credit was expanded to $3,600 per child under age six and $3,000 for children ages six to 17. The credit is fully refundable too, so those who need help the most because they don't have high incomes are entitled to the full amount. And, perhaps most importantly, the Biden administration arranged to have the credit deposited into people's <a href="https://www.fool.com/the-ascent/banks/checking-accounts/" target="_blank">bank accounts</a> throughout the year."</p></blockquote><p></p>
[QUOTE="crapsguy, post: 3654987, member: 45160"] Oklahoma Congressmen will definitely vote against it - no need to call and btw -- why is there such a worker shortage? because those with kids who would rather not work are getting paid $300/month for age 6 or under and $250/month up to 17 -- YES thats right $250/mo to baby sit your 17yr old kids "Prior to the March 2021 coronavirus relief legislation, a Child Tax Credit of up to $2,000 per eligible child was available to qualifying parents. However, only $1,400 of the Child Tax Credit was refundable. This has resulted in many parents not receiving the full amount because their tax liability wasn't $2,000 or more. Parents also got their Child Tax Credit only upon filing taxes, which meant they got a once-yearly bonus but not ongoing assistance as they needed it. The American Rescue Plan Act changed all that in 2021. The Child Tax Credit was expanded to $3,600 per child under age six and $3,000 for children ages six to 17. The credit is fully refundable too, so those who need help the most because they don't have high incomes are entitled to the full amount. And, perhaps most importantly, the Biden administration arranged to have the credit deposited into people's [URL='https://www.fool.com/the-ascent/banks/checking-accounts/']bank accounts[/URL] throughout the year." [/QUOTE]
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The Water Cooler
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Here you go folks, a peak at whats inside the 3.5 trillion bill....
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