Here's a breakdown of what the child tax credit is

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  • čas přidán 25. 01. 2024
  • Parents may be able to save more on this year's taxes with the child tax credit. Here's what that means.
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Komentáře • 232

  • @terpenstine
    @terpenstine Před 5 měsíci +80

    $680 for Americans and $200 billion for Ukraine

    • @iguess2739
      @iguess2739 Před 5 měsíci +15

      and 10% for the big guy

    • @mrmartin7131
      @mrmartin7131 Před 5 měsíci +11

      Hmmm..🤔 🤔🤔something is definitely not right 👀

    • @sonicpsycho13
      @sonicpsycho13 Před 5 měsíci +2

      ​@mrmartin7131 yeah that may isn't mathing. That's $680/person if you're spreading it across an entire nation (for an apt comparison) it comes out to $225.7 billion.
      And Ukraine isn't getting papers of cash; they're getting physical goods, most of which were slated for destruction anyways.
      So, a pretty bad take.

    • @terpenstine
      @terpenstine Před 5 měsíci +9

      @@sonicpsycho13 that money literally could solve the homeless problem overnight in America. But you think US taxpayer money should be spent on funding other country’s wars? Thats a pretty bad take. I want everyone to look at the amount taken out for taxes on your next paystub. Remember thats your pay for other countries wars fund.

    • @sonicpsycho13
      @sonicpsycho13 Před 5 měsíci

      @@terpenstine no, that "money" can't solve homelessness, because it isn't money - it's stuff (food, fuel, equipment, etc). When a dollar value is reported that means the equivalent dollar value, not actual funds. It's like if I were to donate $900 worth of clothes and $100 worth of old pantry staples to a shelter; I would claim donating $1000. You're falsely representing what aid actually means.
      The U.S. has only contributed about $75B in aid, so you're figure is off by >150%. And defending a friendly democracy against a hostile adversary is good. Appeasement didn't work with Japan or Germany in the 1930s; it won't work with Russia today.

  • @GeneralFrankenberry
    @GeneralFrankenberry Před 5 měsíci +21

    So basically the same as it's always been for most Americans. What a joke

  • @patrickwright3482
    @patrickwright3482 Před 5 měsíci +33

    Hell give me a tax break. For not having kids . They take more than they give me

    • @grizzlyblackpowder1960
      @grizzlyblackpowder1960 Před 5 měsíci +2

      They reward parents because children equal taxes.

    • @biglu8048
      @biglu8048 Před 5 měsíci +1

      👏👏👏👏

    • @corpr8dystopia778
      @corpr8dystopia778 Před 5 měsíci

      lol, they use the credit to incentivize child bearing since the rates have been declining for years. They’ll most likely start making people without children to pay additional taxes to incentivize child bearing and offset the burden. Child bearing is a valued societal contribution. If everyone had your attitude and didn’t have kids, the nation will fail. Not having children is nothing short of selfish honestly.

    • @RectumAche
      @RectumAche Před 5 měsíci

      We're getting paid for raising a new generation

    • @itsoktobehappy461
      @itsoktobehappy461 Před 5 měsíci +1

      Just make up a few, people do it all the time

  • @2011Savere
    @2011Savere Před 5 měsíci +70

    So congress still trying to decide if they should pass this for Americans paying taxes as people are doing their taxes now??? Yet they know right away to help migrants and illegals. Something is definitely wrong with America.

    • @mrmartin7131
      @mrmartin7131 Před 5 měsíci +13

      Bingo!!!🤔🤔

    • @Albert-777
      @Albert-777 Před 5 měsíci +12

      Congress sending money overseas but always balks at helping it’s own American citizens 👎🏼

    • @teeminator30
      @teeminator30 Před 5 měsíci +3

      We need to be kind to the migrants. Joe Biden 2024 💙💙

    • @brahmaistrash.indiaisatoil5292
      @brahmaistrash.indiaisatoil5292 Před 5 měsíci

      Did you forget about 30 plus billion dollars that went to Israel? Your crooked politicians sent that overnight to their masters in Tel Aviv

    • @ducksauce2746
      @ducksauce2746 Před 5 měsíci

      @@teeminator30it’s sad we are forced to exist with idiots like you.

  • @ianblank
    @ianblank Před 5 měsíci +19

    That’s what it used to be! Gee thanks…

  • @harbosonius
    @harbosonius Před 5 měsíci +18

    Oooh a whopping hundred bucks!
    Now I can afford that second automobile.🙄

    • @OanhSchlesinger
      @OanhSchlesinger Před 5 měsíci +5

      Buy in January. Repoed in June.

    • @grizzlyblackpowder1960
      @grizzlyblackpowder1960 Před 5 měsíci +2

      ​@@OanhSchlesingeror he could just not participate at all. Buy the new car used and in cash and disappear from this charade.

    • @BestMods168
      @BestMods168 Před 5 měsíci +1

      🤡🙄

  • @michaelkinneary6581
    @michaelkinneary6581 Před 5 měsíci +8

    What is this a democratic last ditch effort

    • @OanhSchlesinger
      @OanhSchlesinger Před 5 měsíci +1

      Exactly! I will tell you what my father told me. “Money will not solve your problems.”

  • @mrmartin7131
    @mrmartin7131 Před 5 měsíci +7

    Listen I’m all for helping people but can we help what we have here first???????

  • @marciayoung8735
    @marciayoung8735 Před 5 měsíci +5

    They took it away from parents who are disabled and can't work...

  • @SalonNews
    @SalonNews Před 5 měsíci +14

    Wow they are going to let me keep my money. After sending 250 billion to Ukraine!!!!!

    • @JoYosif-qo5vc
      @JoYosif-qo5vc Před 5 měsíci

      What about all the Money we send to Israel?! Israel is not America!!! 💯 And it’s Israel, who has been milking our countries economy dry for the last 75 years - I agree with you on Ukraine, but you felt to mention Israel! So be fair because America first and Americans first means that…. FIRST!!!!!

    • @brahmaistrash.indiaisatoil5292
      @brahmaistrash.indiaisatoil5292 Před 5 měsíci +2

      And Israel

  • @JarrodButali
    @JarrodButali Před 5 měsíci +4

    I think childless ppl should get a tax credit or refund on property taxes.

    • @TheMrNukeman
      @TheMrNukeman Před 5 měsíci +2

      Nah homie they got to force us to pay for schools we have no children at...

    • @spanky243ify
      @spanky243ify Před 5 měsíci

      Lol..Well if you don't have kids. All your money is for you to spend on yourself. That must be terrible.

    • @JarrodButali
      @JarrodButali Před 5 měsíci

      @spanky243ify No. I pay for other ppls kids. I get the pyramid scheme that is our economy but I dont agree with it. If I could start over, id live off the grid away from the scam.

  • @jpmor7327
    @jpmor7327 Před 5 měsíci +17

    Nice! I can finally get those new rims for my escalade!

  • @artt.9874
    @artt.9874 Před 5 měsíci +4

    $100 LMAO just so they can announce that they have increased the amount to help people with inflation. Let me see here… that’s about two big boxes of dippers per kid. Thanks, that’s really going to help offset everything. 😂

  • @jslade60
    @jslade60 Před 5 měsíci +15

    I thought the current law was already $2,000 per child? That's what the tax preparer say

    • @TranscendingWhale
      @TranscendingWhale Před 5 měsíci

      It is, the refundable amount would just increase in case you didn’t have a tax liability. But yes, still $2000 for qualifying child and $500 for qualifying relative. Not really much of a change.

    • @Boudicaisback
      @Boudicaisback Před 5 měsíci +1

      I have 2 kids and I usually get around $7,000.

    • @garybowman5783
      @garybowman5783 Před 5 měsíci

      Lol. Thank your democrats bud. Just think of 3 years ago and what it was

    • @jeffreylyons1531
      @jeffreylyons1531 Před 5 měsíci

      @@garybowman5783I’m so lost on you righties you come here and say, “could have got more with Trump” but your who political party is low spending, low taxes, low support. Do you understand what hypocrisy even is?

    • @THLaunched
      @THLaunched Před 5 měsíci +1

      @@garybowman57833 years ago the democrats expanded the child tax credit, so yes, literally thank the democrats.

  • @MJPGuitar
    @MJPGuitar Před 5 měsíci +15

    How much are the migrants getting?

    • @iguess2739
      @iguess2739 Před 5 měsíci +7

      This is the question that should be asked.

    • @sonicpsycho13
      @sonicpsycho13 Před 5 měsíci +4

      $1600 (up to $2000) per child, did you not pay attention? Everyone who lives and works in the U.S. is required to pay and file taxes.

    • @JoYosif-qo5vc
      @JoYosif-qo5vc Před 5 měsíci

      How much is Israel taking every year for the last 75 years that their little fake country was installed smack dab in the Middle East filled with Eastern Europeans to create constant war for the big bankers? Illegal migrants, Israel and Ukraine are milking our economy dry and Americans are literally just sitting back and complaining online

    • @Ouijacom
      @Ouijacom Před 5 měsíci +4

      They get a free house and an unlimited credit card wym.

    • @Youmaydisagree
      @Youmaydisagree Před 5 měsíci

      Illegals get benefits and have many kids so….

  • @Tapfoot
    @Tapfoot Před 5 měsíci +4

    Lol I love all the hateful comments from the entitled children not having children so they can remain children. You obviously don't understand how much it takes to raise a child. Those kids we have BTW are the future of our country!

    • @Morbidzero
      @Morbidzero Před 5 měsíci

      Narcissistic, self centered society always a taker never a giver. They will give you a million reasons for why having kids are bad.

    • @nowee1953
      @nowee1953 Před 5 měsíci

      All on welfare and unemployed by AI...

  • @BbBb-bs8wk
    @BbBb-bs8wk Před 5 měsíci +8

    Dont forget there giving corporateations tax breaks.

  • @brentfrommemphistcb7091
    @brentfrommemphistcb7091 Před 5 měsíci +3

    Stop paying taxes America.

  • @xNevikKx
    @xNevikKx Před 5 měsíci +3

    How about not bank roll the entire world, and ebt class.

  • @qwq203
    @qwq203 Před 5 měsíci +7

    I'm so sick of CTC. If you make $200,000 a year single or $400,000 married, you don't need CTC.

    • @Magadouche
      @Magadouche Před 5 měsíci +2

      Exactly so. What's middle class about that?

    • @jasonallen28227
      @jasonallen28227 Před 5 měsíci +1

      So why are you sick of it??😂

    • @Morbidzero
      @Morbidzero Před 5 měsíci

      @@Magadouche It's middle class in the Bay Area. Also it's not gross 400k its Adjusted Gross Incomes of 400k or more.

    • @itsoktobehappy461
      @itsoktobehappy461 Před 5 měsíci

      @@jasonallen28227jealousy

  • @user-rc5nn5hr7v
    @user-rc5nn5hr7v Před 5 měsíci +4

    This is like an insult. Daycare is like 1600 a month.

  • @streetkombat6088
    @streetkombat6088 Před 5 měsíci +6

    Hearing this is making me want to have a kid this year lol

    • @Lockeys-vk5qz
      @Lockeys-vk5qz Před 5 měsíci +6

      Trust it’s not worth it 🤭

    • @OanhSchlesinger
      @OanhSchlesinger Před 5 měsíci

      @@Lockeys-vk5qz😂😂

    • @p.lu.r6875
      @p.lu.r6875 Před 5 měsíci +2

      2000? that doesn’t even begin to cover what should be put away for college so no it’s not worth it

    • @stephy6199
      @stephy6199 Před 5 měsíci +2

      Cost a lot more to feed and clothe that kid than what their giving 😂

    • @jermainebrown-yu3xs
      @jermainebrown-yu3xs Před 5 měsíci

      Ya you don’t as much I pay for my kid is ridiculous

  • @regularperson1292
    @regularperson1292 Před 5 měsíci +3

    I have friends with no kids and I’m the friend with all the kids I got five kids but I’m also a trucker and it’s hard for us truckers to when we pay our taxes and I live in Ca my dollar is more like 18 cents and I just pray whatever I pay is not too much with child tax credit I just got to see, haven’t had time to do taxes yet but I’ll see here soon…

    • @BestMods168
      @BestMods168 Před 5 měsíci

      Dont complain when you cant even put a sentence together. White privilege exists.

  • @truelight3325
    @truelight3325 Před 5 měsíci +28

    Aren't they giving immigrants $3000 per family member for illegally crossing the border 2024?????

    • @terpenstine
      @terpenstine Před 5 měsíci +7

      And a free cell phone

    • @buzzy2587
      @buzzy2587 Před 5 měsíci

      And a home and free welfare. We are all slaves now. Doesn't matter what color one is......the government is the worst slave holder. All these migrants are the newest collection of slaves

    • @albertomartinez9262
      @albertomartinez9262 Před 5 měsíci

      This is the biggest lie ever🤣🤣🤣 3k per family is insane

    • @itsoktobehappy461
      @itsoktobehappy461 Před 5 měsíci

      I can’t figure out if it’s slave buying or vote buying

    • @THLaunched
      @THLaunched Před 5 měsíci

      No, don’t be ridiculous!

  • @druu988
    @druu988 Před 5 měsíci +8

    So all low income families that keep having children and can’t afford them will qualify for it ….

    • @Boudicaisback
      @Boudicaisback Před 5 měsíci +2

      Alot of people live off of their tax returns. Nothijg wrong with it

    • @BestMods168
      @BestMods168 Před 5 měsíci +1

      Exactly what it is. At the end, they make more than a middle class.

    • @jpmor7327
      @jpmor7327 Před 5 měsíci +2

      Yay! I can finally get my new chrome rims for my escalade!

    • @bosnianlady10
      @bosnianlady10 Před 5 měsíci +1

      @@BestMods168 What? 😂

    • @bross_exe
      @bross_exe Před 5 měsíci

      @@bosnianlady10yeah there are some real geniuses in this comment section lol

  • @kevinmoore4807
    @kevinmoore4807 Před 5 měsíci +3

    Doesn't help me any I didn't have any kids. Where's my credit for low impact on environment in my small carbon footprint.😡

    • @OanhSchlesinger
      @OanhSchlesinger Před 5 měsíci

      The criteria are kinds. More than four? Pass them on to other family members. Only on paper though.

    • @grizzlyblackpowder1960
      @grizzlyblackpowder1960 Před 5 měsíci

      ​@@OanhSchlesingeryeah gotta get your rewards for churning out tax payers and meat for the battlefields. You're kinda like a factory now, getting tax breaks for making things the government wants.

    • @BestMods168
      @BestMods168 Před 5 měsíci

      You had kids, so you already benefited. You're nothing more than a leech. A "me me me" leech.

    • @Mirrormouth12
      @Mirrormouth12 Před 5 měsíci +1

      You got free vaccines

    • @jasonallen28227
      @jasonallen28227 Před 5 měsíci

      ​@@Mirrormouth12😂😂

  • @garybowman5783
    @garybowman5783 Před 5 měsíci

    Which is still less than 3 years ago

  • @OpaLockaOutlaw305
    @OpaLockaOutlaw305 Před 5 měsíci +2

    You can tell I’m getting older 😂 bc how they gone pay for that? You have Ukraine $1 trillion and now you playing games with the poor to help them think you care? Wow!

  • @mrtoast4740
    @mrtoast4740 Před 5 měsíci +9

    Becoming just like we are here in england, soon every single mum with 6 kids that's never worked will be better off each month than the people who actually work....... its a joke here 😞

    • @rickeyjones729
      @rickeyjones729 Před 5 měsíci +4

      Dude while the man paying childsupport gets not tax credit or discount on the money either. It's a cold world

    • @OanhSchlesinger
      @OanhSchlesinger Před 5 měsíci

      The outcome will be a spike in population.

    • @p.lu.r6875
      @p.lu.r6875 Před 5 měsíci

      Well that’s dumb cause here, if you don’t work you don’t get a tax credit. So that doesn’t make sense.

  • @navieats3955
    @navieats3955 Před 5 měsíci

    Wow so all those signs on the side of the road saying 5k for 1 child are lying?

  • @aprilmarlow6754
    @aprilmarlow6754 Před 5 měsíci

    What I don’t understand is why a lot of people like me work but these kids can draw more than me 😡🤬🤬🤬🤬

  • @Harly450
    @Harly450 Před 5 měsíci +2

    Always on the las minutes tired of this playing with peoples emotion

  • @RalphMalone-mw1qo
    @RalphMalone-mw1qo Před 5 měsíci

    They should have abolished the child tax credit all together

  • @giovanniattaguile7967
    @giovanniattaguile7967 Před 5 měsíci

    Child text credit is what she said lol

  • @pantyraiderz6264
    @pantyraiderz6264 Před 5 měsíci +2

    How about quit giving ppl money for kids ? They dont raise them, let the streets get them and most pop out a little bastard for a check. Stop the nonsense

    • @jasonallen28227
      @jasonallen28227 Před 5 měsíci +2

      Who is "they" you keep referring too? Im a father of 4, me and my wife raise ours very well. Its not "theys" fault you haven't found a woman willing to put up with you long enough to get pregnant

    • @pantyraiderz6264
      @pantyraiderz6264 Před 5 měsíci

      @@jasonallen28227 lol I don't want kids. I have 8 acres. I'm not sacrificing anything to this broken system and the generation that wants handouts lol. And they as in lazy fkn parents who put an iPad in front of their kids faces so they can get high, drunk, not be a parent. While working folk like me. Have to pay for "theyre" irresponsibilities

    • @pantyraiderz6264
      @pantyraiderz6264 Před 5 měsíci

      @@jasonallen28227 seeing I've offended you, your probably the root of the cause. 4 kids, and probably at affordable housing too. Bye

  • @mpp32132
    @mpp32132 Před 5 měsíci

    Imagine the tax break if are government didn't wast money on wars and rebuilding other countries

  • @Aleenah784
    @Aleenah784 Před 5 měsíci

    They need to correct it and say hard working middle class don’t get that much, you’re lucky to get back $1,000 per kid.

  • @davidaustin7697
    @davidaustin7697 Před 5 měsíci +1

    This is bs

  • @butterflygirl3359
    @butterflygirl3359 Před 5 měsíci

    Stop, Stop, STOP paying people to have kids!!!!!!! This “credit” should ONLY be for parents who are NOT on government assistance such as food stamps, Medicaid and cash welfare. Parents whose incomes are so low that they are welfare eligible are taking enough from responsible hard working taxpayers.

  • @mpp32132
    @mpp32132 Před 5 měsíci

    Imagine are tax break if are government didn't spend it all on wars and rebuilding other countries

  • @FoundationElite
    @FoundationElite Před 5 měsíci +3

    So it's lower..what happened to the $2000 per?

  • @noway905
    @noway905 Před 5 měsíci +2

    Child tax credits were $2000 per child going back to the 70s, and over 50 years, as prices and inflation rose, those tax credits kept fluctuating up and down to sometimes incredable lows with no explanations.

    • @FA-fq6lf
      @FA-fq6lf Před 5 měsíci

      So i would like to know how much we can get for 3 year old , please?

  • @jimlongino8420
    @jimlongino8420 Před 5 měsíci

    Child tax credits are nothing more than welfare for parents.

  • @nidialuccioni4476
    @nidialuccioni4476 Před 5 měsíci

    Interesting

  • @davinxi5926
    @davinxi5926 Před 5 měsíci

    Tax credit should be for Low earners all of kind s

  • @OanhSchlesinger
    @OanhSchlesinger Před 5 měsíci +4

    Child tax credit is the reason poor families are growing in size. Giving away money is NOT the solution to poverty.

    • @p.lu.r6875
      @p.lu.r6875 Před 5 měsíci +2

      I do agree people should stop bringing more children into this world when we can’t even do something as simple as cook our own meals and throw away trash and recycle when possible, but its not giving away money we work. Work the jobs no one else wants to. Hard labor 7 days a week and bring home nothing so it’s definitely not free money. Biting our tongue when Karen’s like you come in and try and talk about something you know nothing about.

    • @grizzlyblackpowder1960
      @grizzlyblackpowder1960 Před 5 měsíci

      ​@@p.lu.r6875you obviously missed the point of the comment, and you must have missed the point of the video.. because your comment is stupid. You have someone criticizing government for giving money away irresponsibly, and you immediately assume they are are saying something entirely different so you can make the kind of point a boomer would make. Stupid as shit and off topic.

    • @Boudicaisback
      @Boudicaisback Před 5 měsíci

      Child tax credit is the only reason I will ever have a down payment for a house. It helps alot.

    • @jasonallen28227
      @jasonallen28227 Před 5 měsíci +1

      Oh yeah $1,800 a child is really enriching the poor yearly😂😂😂😂

  • @spencerbrown6214
    @spencerbrown6214 Před 5 měsíci

    Also, there should be an even bigger bonus for choosing not to reproduce!!!

    • @jasonallen28227
      @jasonallen28227 Před 5 měsíci

      Thats a "left" brained idea. Don't procreate so the immigrants will inherit the country instead. Real bright comment

  • @takeitezfker
    @takeitezfker Před 5 měsíci

    Don't forget to claim Israel and Ukraine as dependents on your return

  • @haroldenglish943
    @haroldenglish943 Před 5 měsíci +1

    Pure discrimination based on sexual activity... 100% blasphemous. Always has been, always will be.

  • @donnam5060
    @donnam5060 Před 5 měsíci +14

    These tax credits shouldn't be money back beyond what you paid in taxes. You shouldn't get a refund for more than you had taken out of your check.

    • @stephy6199
      @stephy6199 Před 5 měsíci +2

      US taxes are paid in many forms, but i do feel you should have a job & paid taxes from that source to claims ctc

    • @Rockoblocko
      @Rockoblocko Před 5 měsíci +1

      This really pisses me off.

    • @TheeMelloMan
      @TheeMelloMan Před 5 měsíci +1

      ​@@stephy6199 I feel you but you contradict yourself. You acknowledge that we pay taxes in many forms. But you feel taxes from a job are the only ones legit enough to get credit from?
      I guess I am asking, why do people need a Job in order for their taxes to be legit enough for a credit? People make money in more ways than with jobs and welfare makes up a tiny portion of those ways.
      And yes, judging from your comment, Im under the assumption that you are ok with credits in the first place.

    • @jpmor7327
      @jpmor7327 Před 5 měsíci

      How else is jose gonna get those 36 inch chrome rims on his huge truck???

    • @corpr8dystopia778
      @corpr8dystopia778 Před 5 měsíci

      @@Rockoblockoboo hoo, they use this to incentivize child bearing since the rates have been declining. Pretty soon people without children will have to pay additional taxes, just FYi

  • @jeremiahjackson6590
    @jeremiahjackson6590 Před 5 měsíci +1

    Where the tax credit for not having kids this is a racist law

    • @jasonallen28227
      @jasonallen28227 Před 5 měsíci

      Calm down lefty

    • @jeremiahjackson6590
      @jeremiahjackson6590 Před 5 měsíci

      @@jasonallen28227 I'm not in the USA now my company lawyers will be in contact with you for spreading false information about me

  • @AMultipolarWorldIsEmerging
    @AMultipolarWorldIsEmerging Před 5 měsíci +6

    why do you get free momey because you have kids.. if I choose not to have children why is tax credits going only to people who have kids

    • @iguess2739
      @iguess2739 Před 5 měsíci +9

      Probably because you are a net drain without kids vs. taxypayer potential. And yes, as opposed to men, women's cumulative net fiscal impact ends with roughly negative $120,000, never breaking $0. Individuals contribute as individuals, but families contribute generations.

    • @VM805
      @VM805 Před 5 měsíci

      It's based on future tax revenues which will be paid by future generations. Since you don't have any kids you are considered a drain on the system and it's not free money as every tax program has to be paid for.

    • @surahoffmann7423
      @surahoffmann7423 Před 5 měsíci +1

      Totally agree with you

    • @ebo7310
      @ebo7310 Před 5 měsíci +1

      Exactly! I have 0 kids. I want a credit too shit.

    • @iguess2739
      @iguess2739 Před 5 měsíci

      @@ebo7310 Give me more money. Give me more money. Give me more money. Give me more

  • @artliztic6880
    @artliztic6880 Před 5 měsíci +2

    I just want to say……why we don’t get tax return for our children as a single mom just because they are 18 and up….is not fair,,,they also spend and eat,,even more than the little kids…;(…not every 18 year old is working or an actual adult. They go to college too and they need parents help .

    • @TheMrNukeman
      @TheMrNukeman Před 5 měsíci

      Wah boo hoo 😭

    • @jasonallen28227
      @jasonallen28227 Před 5 měsíci

      Get your young adult off their ass and to work. Shame on you for allowing your children to take advantage of you.

  • @TheeMelloMan
    @TheeMelloMan Před 5 měsíci

    The "this makes me want to have a kid" logic is dumb. Folks are clueless man. This is like 2 months of daycare in some places. This doesnt even xover the bill for having the kid. Yes,i support CTC, but i cring when people say that.