Obama wants to change the tax code to punish families with a stay-at-home parent

The Hill recently reported:

… the president is proposing a new $500 second-earner credit to help cover the additional costs, such as commuting, of families with two working spouses. That plan is expected to benefit 24 million couples, the White House said.

Another proposal would streamline and expand childcare tax benefits, providing up to $3,000 per child under age 5, helping 5.1 million families that make up to $210,000 a year and cover costs for 6.7 million children.

A real tax cut means that marginal tax rates are cut, and people can spend that money however they want.

But that’s not what Obama wants.

Instead, Obama wants to use the tax code to reward people who put their children into day care, and to punish families with a stay-at-home parent.

If you want this tax cut, you will have to behave in the specific way that Obama wants you to behave.

If your lifestyle is different than the way that Obama wants you to live, then you will not get a tax cut.

 

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January 18, 2015. Tags: , , , , , , , , , , , , , , , , , , , , , , . Barack Obama, Economics, Police state, Sexism.

26 Comments

  1. EDell replied:

    So Dan comes up with another idiotic claim, that somehow providing a tax credit is rewarding parents who place their kids in daycare because they have to both go out and earn a living and can’t leave their kids home alone and unattended. Where’s your crocodile tears over GE’s $3 billion tax credit in addition to they not having paid any taxes on their earnings and profits? Nowhere is your crocodile tears. But how’s this for a plan? Scrap the $3 billion tax credit for GE, make sure they pay taxes on their profits, and use the $3 billion GE credit to help cover parents’ daycare fees? But nope. We won’t see any right wingnut like you going along with something that sees a profitable multinational corporation lose its tax credits, while paying no taxes, just so that the little people who are struggling to get by and pay their taxes can afford daycare for their kids. Maybe a better solution, from a right winner’s p.o.v., is for couples not to have any kids at all. Problem solved.

    • AWC replied:

      Why did you respond to a post about a $500 tax credit for working families with a monologue about GE? Should I reply to your monologue with something else as completely irrelevant.

      Typical Liberal response. Change the subject. Make the discussion about something “safe” that you can wrap your left-wing Liberal friends soft minds around. Liberals are like magicians, waving their left hand in front of you in fitful spasms to get you to ignore the facts sitting for all to see in the right hand.

      Dan is talking about the tax credit for two income families. If you can’t stay on topic, go back to preschool where that skill is covered.

      • EDell replied:

        Because the subject is “tax credits” – get it? What’s good for the goose, GE, should be good for the gander, the little people. It doesn’t matter if it’s one- or two-income families. A two-income family can actually be poorer than a single-income family if both are working at minimum wage jobs while the single earner is pulling in $40 per hour working for Ford. Or, do you believe that you as a little person deserve no tax credits whatsoever just so that Corporate America can hog it all for themselves at your tax-paying expense?

      • AWC replied:

        What I believe is that a comment about GE is irrelevant to the post. The focus is whether Obama should be offering tax credits to working families, the opposite of working families, or offering tax credits at all. Do you even have an opinion on the subject of this post or are we going to talk about GE all day?

    • danfromsquirrelhill replied:

      While I have never specifically mentioned the $3 billion tax credit for General Electric, I am against such tax credits.

      I googled and found this:

      http://www.nytimes.com/2011/03/25/business/economy/25tax.html?pagewanted=all

      “Over the last decade, G.E. has spent tens of millions of dollars to push for changes in tax law, from more generous depreciation schedules on jet engines to “green energy” credits for its wind turbines.”

      Although I have never made a specific post about General Electric getting corporate welfare, I did recently make this post about a very similar kind of corporate welfare for a different giant corproration:

      https://danfromsquirrelhill.wordpress.com/2014/12/01/google-billionaires/

      • AWC replied:

        Thanks Dan. Right. This all goes back to crony-capitalism. The Left likes to point to tax credits for corporations, and the 1%, and Wall Street, and all of that and say, “See?! This is all bad. This is why the free market/conservatism/libertarianism/tea party/Austrian/right-wing// doesn’t work!” or why what Obama is doing is not as bad as so and so, or why what the Democrats are doing is not as bad as such and such, etc…

        The reality is that the Government and the Bankers and the largest Corporations are PARTNERS now. They are all in on it together. This is CRONY CAPITALISM, not free market CAPITALISM and crony capitalism destroys economies and incomes and The People. We get that. Libertarians GET THAT.

        We want a return to Small Government and Capitalism without the crony part. And part of what we want is for Government to stop picking winners and losers. Part of that is making Government not encourage or discourage our behavior with either the carrot OR the bat. That Government should not be involved in our lives or our decisions at all. So simple. Yet seems so complex for so many.

      • EDell replied:

        danfromsquirrelhill incomprehensibly stated:

        While I have never specifically mentioned the $3 billion tax credit for General Electric, I am against such tax credits.

        —–

        And yet you’ve claimed or received every tax credit in the book throughout all your tax filing years. Gee, that’s really hypocritical of you. If you really want to mean what you say, you’d return all that money back to the government. But you won’t, will you?

      • danfromsquirrelhill replied:

        I’ve always used the 1040EZ, because I like to keep things simple. I get the standard deductions that are available to everyone, and that’s all.

    • danfromsquirrelhill replied:

      Here’s another comment that I made about corporate welfare, from my big list of Obama criticisms:

      https://danfromsquirrelhill.wordpress.com/2013/08/15/obama-252/

      6) Supported the $700 billion TARP corporate-welfare bailout just like Bush

      While Senator, Obama voted for the $700 billion TARP bank bailout bill. The bailout rewarded irresponsible and illegal behavior. It redirected resources from more productive uses to less productive uses. It punished the hard working taxpayers who had played by the rules and obeyed the law. It created horrible incentives, and sent the wrong message. The bailout was evil because it rewarded the bad people and punished the good people. No society that does this can expect to remain free or prosperous. Instead of bailing out these corrupt corporations, we should have let them cease to exist, like we did with Enron.

      • EDell replied:

        The problem with right wingers who complain about stuff like TARP is that they fail to understand the root of the problem, and in doing so, that’s why the problem will never get solved, at least not by right wingers. It’s all about banks having become bigger than they should ever be. If money is concentrated in increasingly fewer hands, then when something like a Bush crash happens, the few banks that have all the money all end up taking a direct hit, whereas if there were a couple of dozen or more major banks, only the bigger ones would be more impacted, leaving the smaller ones less affected, and because of the multiplicity of banks, the bigger ones would probably be allowed to fail. But because there are only a half-dozen big league players now, they’ve become too big to fail, which is why TARP was needed, because without it, it would’ve been a total monetary collapse not only in the US but globally. As it was, credit had become frozen and no one, not even a lot of the major corporations, was getting money they needed to keep things moving. So yeah, in a perfect world, who needs TARP? But this ain’t a perfect world and corporate greed makes sure of that. If you don’t want TARP, limit corporate growth and replace it with increased diversity. It’s like the old saying goes, don’t put all your eggs in one basket.

    • pmeissner replied:

      @EDell We really enjoy your enthusiasm. Can we get back to talking about the second-earner tax credit?

      • EDell replied:

        Sure. It applies to over 20 million couples with full credit going to those earning less than $120K per year and a partial credit going to those earning over $120K per year. Cool, huh?

  2. Eaglesglen replied:

    I noticed that Obama’s proposed FREE 2 years at junior collages benefits illegals too: % Americans benefit versus % illegals that benefit. I’ll bet illegals benefit the most.
    Same here, free money so the second family member wage can go to work, as illegals most likely already do go to work without the $3,000. to do it.
    Info issue re stay at home education as to what the family gets to write off as expenses. In California low income illegal alien families children are getting FREE breakfast, lunch, dinner at school. How about your state?

    • EDell replied:

      That’s funny. Last time I checked there were far more Americans than illegals, like 30 to 1. In what universe did you learn your math to arrive at the opposite conclusion that illegals would benefit more than Americans?

      • AWC replied:

        So you agree then that illegals benefit from free education, just not “more” than Americans? Is that correct?

    • EDell replied:

      Eaglesglen stumbled:

      I noticed that Obama’s proposed FREE 2 years at junior collages benefits illegals too:

      —–

      You could’ve benefited from it yourself. Collages?

      • pmeissner replied:

        Great. Thanks for staying on topic. Does the tax credit go to widowers or single parents as well? Why do people with second incomes need more tax credits than single income families? Shouldn’t we be helping out the single income families more?

  3. EDell replied:

    AWC mumbled:

    What I believe is that a comment about GE is irrelevant to the post. The focus is whether Obama should be offering tax credits to working families, the opposite of working families, or offering tax credits at all…

    —-

    Nothing irrelevant about GE if the subject is “TAX CREDITS” and who gets them and who doesn’t. And how can working families be the opposite of working families?

    Anyway, let me get this straight: you’re totally against any tax credits for anyone, like the ones you’re given in your current tax forms but which you claim anyway against your belief system, right? And this is why you’re against this one? But you have no qualms at all about GE getting $3 billion in tax credits, from your own taxes, after they’ve paid no taxes themselves. I’m just trying to understand your wonky right wing logic here because I don’t think you can even make sense of it to yourself.

  4. EDell replied:

    AWC asked something stupid:

    So you agree then that illegals benefit from free education, just not “more” than Americans? Is that correct?

    —–

    Is that a stupid question or is that a really stupid question? They already get free education in public schools, so what would you want to happen? Deny them all education so that more of them could grow up to be uneducated gang leaders to terrorize your communities? When the ratio is 30 to 1, then the 1 really doesn’t make that much of a difference and helps keep illegal bums off the streets and out of jail cells which, if you jammed them all in there, would end up costing you more taxpayer money to keep them there than in schools. You’re not very bright, are you?

  5. EDell replied:

    AWC fantasized:

    We want a return to Small Government and Capitalism without the crony part.

    —–

    When the hell ever was that in your lifetime? Oh, not your lifetime, but someone else’s lifetime 200 years ago? Right. Get real. Wake up, it’s the 21st century and America doesn’t have 4 million people anymore like 200 years ago, it’s 320 million now. So much for your return to small government.

  6. EDell replied:

    pmeissner moaned:

    Does the tax credit go to widowers or single parents as well? Why do people with second incomes need more tax credits than single income families? Shouldn’t we be helping out the single income families more?

    ——

    Watch the State of the Union and find out. He wasn’t going to spill the full beans before it.

    • pmeissner replied:

      Did you really expect details in a SOTU?

      Basically I heard, “we need affordable, high-quality child care more than ever”, and taxpayers will give you money towards that. But don’t try it at home. Get back to work.

      • EDell replied:

        He wants to expand the Earned Income Tax Credit aimed at low income individual workers and families, so happy? You’ll get yours too, it seems.

  7. EDell replied:

    danfromsquirellhill admitted:

    I get the standard deductions that are available to everyone, and that’s all.

    —-

    Then you’re guilty as charged. And I’m sure you’ll accept whatever new standard deductions that might come your way, especially if they’re increases, without squawking much about it or returning a single penny of it to Uncle Sam.

  8. Richard William replied:

    Dan, Thanks for the 980 Obama Lies you listed. I have sent it out to many appreciative friends.

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