04-16-2024, 09:02 PM
(04-16-2024, 08:00 AM)pally Wrote: Why haven’t those tax cuts been made permanent already? Or the child tax credit reinstated? I guarantee you the child tax credit would be popular and Democrats would vote for it.
Or is this another case of House Republicans refusing or incapable of doing their jobs. Can’t pass anything that might be perceived as a victory for the other side
wtf? You got it backwards, The House passed this back on Feb 5, it's stuck in the Senate (the one where the R's aren't the Majority??). So why haven't the D's passed it yet????
https://www.kiplinger.com/taxes/congress-negotiating-child-tax-credit
At the end of January, the U.S. House of Representatives passed $78 billion tax legislation that includes a newly expanded child tax credit (CTC) and various tax breaks for businesses.
Since then, the bipartisan tax package has been stalled in the U.S. Senate. Although Congress has returned from its recent recess, obstacles remain, and the hope that the new child tax credit will become law before the end of the 2024 filing season is dwindling.