14. "He wants to eliminate welfare/TANF (among other programs) to pay for it." In response to In response to 0 Mon Feb-15-21 11:10 AM by kfine
Idk... looks like your typical garden-variety sus repub-lite-ness to me honestly lol
It'd be interesting to see some numbers crunched on how the tradeoffs would really shake out for people, especially lower-income families.
But so far, not really impressed *shrug*
>to do that he pairs his remarkably generous child allowance plan >with some cuts to other tax breaks and spending programs. >
>Romney’s proposal would eliminate: >
>Head-of-household filing status, which gives income tax breaks >to some single parents and caregivers)
>The child and dependent care tax credit, which offers tax >breaks for parents paying for child care services so they can >work
>The temporary assistance for needy families (TANF) welfare >program, which replaced traditional “cash welfare” after >the 1996 welfare reforms and is run as a state block grant
>The state and local tax deduction (SALT) in the income tax, >which critics decry as regressive but also provides a subsidy >for blue states with high income and property taxes
>Romney would also replace the earned income tax credit (EITC), >which currently offers more benefits to families with more >kids, with a flat credit worth up to $1,000 per working adult, >with no child-related component. The EITC for adult >dependents, however, would be unchanged.