Anonymous wrote:
What Democrats are on the record saying they will refuse to pass it if SALT isn't raised?
Will Manchin, Sinema and Republicans vote for it if SALT is left alone and are they on the record saying they will?
A host of moderate Democrats — many from New York and New Jersey — have protested former President Donald Trump’s 2017 tax cuts for capping how much taxpayers in their states can deduct from their federal tax obligation.
Reps. Josh Gottheimer, Mikie Sherrill, Bill Pascrell of New Jersey and New York’s Thomas Suozzi say they won’t support any legislation that doesn’t restore the full deduction for state and local taxes, known as SALT.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Serious question-
If they kept the SALT deduction to $10k and lowered the income limit for the CTC, my guess is the total cost of the bill is closer to Manchin’s affordability number. Why not compromise on that? I see Manchin’s counter offer says basically that.
Umm no it doesn't. Manchin's counter-offer is $1.8B for subsidized ACA, 10 years fully paid for national Pre-K, and Climate. It does not include CTC at all. That's the sticker. White House should have accepted.
Why the heck do they keep calling it a “tax credit” when there is NO work requirement? Manchin is right, it’s insane. And it’s NOT A TAX CREDIT!
I've been saying this all along. Call it what it is..... a bribe.
Not really. It's another welfare program like welfare, medicare, medicaid, WIC, etc. It's just that it is not needs-based. It's just a welfare program for people with children, whether they need it or not. At least the other welfare programs are need-based.
Medicare is need-based?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Serious question-
If they kept the SALT deduction to $10k and lowered the income limit for the CTC, my guess is the total cost of the bill is closer to Manchin’s affordability number. Why not compromise on that? I see Manchin’s counter offer says basically that.
Umm no it doesn't. Manchin's counter-offer is $1.8B for subsidized ACA, 10 years fully paid for national Pre-K, and Climate. It does not include CTC at all. That's the sticker. White House should have accepted.
Why the heck do they keep calling it a “tax credit” when there is NO work requirement? Manchin is right, it’s insane. And it’s NOT A TAX CREDIT!
I've been saying this all along. Call it what it is..... a bribe.
Not really. It's another welfare program like welfare, medicare, medicaid, WIC, etc. It's just that it is not needs-based. It's just a welfare program for people with children, whether they need it or not. At least the other welfare programs are need-based.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Serious question-
If they kept the SALT deduction to $10k and lowered the income limit for the CTC, my guess is the total cost of the bill is closer to Manchin’s affordability number. Why not compromise on that? I see Manchin’s counter offer says basically that.
Umm no it doesn't. Manchin's counter-offer is $1.8B for subsidized ACA, 10 years fully paid for national Pre-K, and Climate. It does not include CTC at all. That's the sticker. White House should have accepted.
Why the heck do they keep calling it a “tax credit” when there is NO work requirement? Manchin is right, it’s insane. And it’s NOT A TAX CREDIT!
I've been saying this all along. Call it what it is..... a bribe.
Not really. It's another welfare program like welfare, medicare, medicaid, WIC, etc. It's just that it is not needs-based. It's just a welfare program for people with children, whether they need it or not. At least the other welfare programs are need-based.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Serious question-
If they kept the SALT deduction to $10k and lowered the income limit for the CTC, my guess is the total cost of the bill is closer to Manchin’s affordability number. Why not compromise on that? I see Manchin’s counter offer says basically that.
Umm no it doesn't. Manchin's counter-offer is $1.8B for subsidized ACA, 10 years fully paid for national Pre-K, and Climate. It does not include CTC at all. That's the sticker. White House should have accepted.
Why the heck do they keep calling it a “tax credit” when there is NO work requirement? Manchin is right, it’s insane. And it’s NOT A TAX CREDIT!
I've been saying this all along. Call it what it is..... a bribe.