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The credit barely covers the increased property taxes incurred to inhabit a larger structure, to fulfil laws such as child safety equipment, taxes on diapers, e
by salamanderss 3y ago
The credit barely covers the increased property taxes incurred to inhabit a larger structure, to fulfil laws such as child safety equipment, taxes on diapers, extra costs of registering and state mandated insurance of larger vehicle with additional seats for children. And other mandates imposed by law. They are at best covering cost of their own mandates and other child related taxes.
- missedthecue 3y agoIt is the single largest tax credit in the entire US tax code. My point is that it's unfair to say "society doesn't care". I'm not necessarily arguing that it's currently at the perfect amount.
- salamanderss 3y agoIt's interesting you put that in quote form when it isn't a quote from what I've said.
- missedthecue 3y ago"It's so awesome society cares so much about kids they'll toss you in jail for leaving them in the car while you run in the gas station to pay, but they won't lift a finger to contribute to the future tax slaves until they're five" This is your quote, there's a lot of sarcasm which makes it awkward to directly quote but we can all see the point your trying to get across. Society "won't lift a finger" for parents with young children. But they do the child tax credit, and not only that, it's even more generous for children age 5 and under! So they do "lift a finger to contribute to the future tax slaves until they're five" in your direct words.
- salamanderss 3y agoThey lift the finger in the sense they yank it down and then lift it almost to the same place. As I've just explained, additional other child related taxes and state mandates counterbalance that credit to the point they're lifting the finger they smacked down to about where it started. It is like bragging about applying a bandaid after a punch to the face.