4 ms·
https://blog.turbotax.intuit.com/tax-deductions-and-credits-2/family/tax-benefits-for-having-dependents-12835/ https://blog.turbotax.intuit.com/tax-deductions-a
by jimbob45 4y ago
https://blog.turbotax.intuit.com/tax-deductions-and-credits-2/family/tax-benefits-for-having-dependents-12835/ https://blog.turbotax.intuit.com/tax-deductions-and-credits-...
I got that number here. It has a bit of a range depending on income and a few other factors. The number appears to be low no matter what your factors end up being, though.
The childless support those with children because everyone recognizes that we have to reproduce to keep society running. If nobody has children, then our standard of living plummets, among other consequences. Thus, we subsidize kids for those who choose to have them.
- chatterhead 4y agoOk, that's federal. How is that the same as state provided welfare benefits? That's essentially a negative income tax (Milton Friedman) and is in addition to state benefits provided. At least, I don't see where there is an exclusion for those who receive such benefits. Reminds me of when ODB snagged his welfare payment. People far removed from poverty really don't understand how cash based system-scamming the poor really are. https://rockthebells.com/articles/odb-food-stamps-mtv/ https://rockthebells.com/articles/odb-food-stamps-mtv/