RustywhimsAug 16, 2024

Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns

https://lemmy.world/post/18728023

Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns - Lemmy.World

The most striking proposals were for the elimination of medical debt for millions of Americans; the “first-ever” ban on price gouging for groceries and food; a cap on prescription drug costs; a $25,000 subsidy for first-time home buyers; and a child tax credit that would provide $6,000 per child to families for the first year of a baby’s life.

Show threadBlackLaZoRAug 16, 2024

$6,000 credit for newborns

So, you mean, born with debt? (On top of whatever public debt per capita is)

Show threadTransplantedSconieAug 16, 2024
No. It’s basically a continuation of the child tax credit that the republicans killed. It lifted half of kids out of poverty that were in poverty and it was a very very popular covid relief program.
Show threadBlackLaZoRAug 16, 2024

very very popular covid relief program

I mean, everyone's happy when money is flowing in. But someone has to pay for this.

Also: 6k is pretty much nothing compared to the long term cost of raising the child. It really is a populist move - she's buying votes with taxpayer money

Show threadTransplantedSconie

That money gets put right back into the economy. Tax breaks for wealthy people gets offshored where it won’t help the economy.

You say “buying votes with taxpayer money”

I say: “Literally listening to the middle, lower, and working poor and doing what they want.”

The child tax credit never should have been stopped because it lifted kids out of poverty and poverty is the number one cause of crime.

Aug 16, 2024 at 8:27pmWeb