This month the Democrats are announcing a piece of legislation to propose a $ 3,000 tax credit per million to thousands of families in the state. as part of the $ 1.9 billion Biden economic aid package (trillions and English), following a report published this morning by The Washington Post, that you have access to a project of 22 pages.
It is proposed that has the objective of fighting infantile poverty and effectively extend direct benefits to family families, provided that the Internal Tax Service (IRS) is proportionate during this year an aid of $ 3,600 for minor children of 6 and $ 3,000 for children between 6 and 17 years. These are reduced amounts for those who have more than $ 75,000 annually and for couples who receive more than $ 150,000 in addition.
The envoys are made in monthly form, in pages from $ 250 to $ 300 as of July 1, giving a prudent time for the IRS to prepare for these new traits, similar in form to those with economic estimates, which are deposited directly into contributors’ bank accounts.
The benefits does not deduce existing taxes of the contributors, by which the parents receive their aid from any related taxpayers with the IRS.
The idea that the pages are realized in monthly form has as objective help the most disadvantaged families who experience fluctuations in ingressos, although implied by a retaliation for the IRS, which was presumed to have been committed in the last few years, this form of monthly payment should be readjusted and terminated at a “short interval”.
Ingreso of 2020
In order to determine who is eligible to receive this aid, the project is based on the years before the families. To do so, a web site is created, administered by the Department of Treasury, so that you can update your entries, in which case, for example, these entries are reduced and you can choose to receive the benefit.
In the case of immigrant families, the project indicates that in order to receive the benefit the child must have a social security number, except for the parents.
If the aid is paid only for this year, the Democrats of the Congress and the officials of the White House han dicho que presionaran para la politique se hiciera permanente, según el Post.
The bill is being led by Massachusetts Democrat Representative Richard E. Neal, chairman of the Cámara Baja Media and Arbitration Committee, and will keep the Democrats busy by promulgating Biden’s polling station in the following semesters. that Republican Mitt Romney hiccuped a proposal to send more money effectively to him to the families in the city.
“The pandemic is affecting families with more poverty and devastation,” said Neal in a statement quoted by the Post. “This money will be the difference in a tech about the algae cube or comedy in its month. Here it is as if the tributary code works for those who need it more”, added.
The United States has one of the highest levels of child poverty in the world, following the Organization for Economic Cooperation and Development. It is good to know that there are less benefits to be had than other developed countries.
Officials of the White House and Democrats of Senate have revised the legislation proposed by Neal and la apoyan, but it is to be hoped that the Republicans will oppose it, and on other occasions he has criticized similar media alleging that the aid is being integrated into the stadiums that work as well as those that do not work.
It is not clear that the Democrats can approve this aid by the Senate with the rules of reconciliation, the same mechanism that is in place to approve Biden’s estimate, without the need to hold the Republican support.
