Originally Posted by Miss A:
I see CatHearders POV, and while this may seem like a logical thought process regarding $$, many low income families will not use it to their benefit.
I termed a family like this. They received their childcare credit, used a portion to pay their bills, but then instead of putting the rest into savings to pay future bills, they blew it. Big screen Tv's, New phones, name brand clothing for themselves, you name it. Then, August rolled around, and surprise surprise the family could not afford to pay their bills, they had fallen behind on loan payments for items they purchased with their tax money.
I just see this as a continuing cycle, one that having more expendable income at the end of the year will not solve.
I would imagine most "low income" families are on some type of subsidy anyway and would never have benefited from this provision.
Our only way of finding out if it helps will be in the way our businesses and livelihoods advance or not in the coming months and years. Just like the Legislative and Executive branches. If our lives are not better in 4 years, we get to change what is not working. If they pass this bill, at least we get to see if it works.