Republicans finalize plan, expand benefits for working families in bid to win over Rubio

[DonViejo]

Source: The Washington Post




By Damian Paletta, Erica Werner, Jeff Stein and Mike DeBonis December 15 at 10:55 AM

Congressional Republicans finished rewriting their massive plan to overhaul the tax code on Friday, adding in a significant expansion of the Child Tax Credit aimed at boosting benefits for low-income families.

The change was added to meet demands from Sen. Marco Rubio (R-Fla.), who threatened on Thursday to vote against the bill unless the credit was expanded, injecting last-minute chaos into a process.

Rep. Kristi Noem (R-S.D.), one of the Republicans tasked with ironing out a final bill, said the credit had been expanded, particularly for low-income and working-class families. “I believe that we’re in a good spot and should be able to earn his support” she said of Rubio.

A Rubio spokeswoman said Rubio was reviewing the final measure to see if it was enough to satisfy his demands.

Read more: https://www.washingtonpost.com/business/economy/rubio-pushes-leadership-on-help-for-poor-families-with-tax-vote-hanging-in-the-balance/2017/12/15/ecb87942-e1a6-11e7-8679-a9728984779c_story.html

[crazylikafox]

1. But what did they take away to pay for it?

This is like a big game of Wack-a-mole

[Eliot Rosewater]

2. Nothing now, which is how brilliant these mass murderers are. Later when it is clear

we cant afford these cuts, say goodbye to Medicaid, Medicare and of course Social Security.

This is premeditated murder.

[mucifer]

4. That's why I have no respect for Alabama senator shelby

he fought to keep moore out. But, he is killing thousands by supporting this bill and the health care bill. He is an evil person. No way around it. All of these senators who are supporting these bills are monsters.

[Eliot Rosewater]

5. The data is undeniable, people are going to die, next year.

They know it and they are doing it GLADLY, not doing it in spite of that but GLADLY.

[bronxiteforever]

7. Exactly-their goal is to destabilize the budget to kill us.

[More_Cowbell]

17. To kill the people who don't vote for them n/t

[lark]

21. Nah, they don't care about that, not truly.

They are doing this against the working class and poor, all working stiffs regardless of party. This will hurt drumpf voters the most and he doesn't give a fuck. He panders to them on race and women because he hates both of those too, but on anything important financially, he'll kill them gladly to fatten his personal accounts.

[bluestarone]

18. exactly and the ones that die will most likely be

low income NON-Repubs so the repubs feel that's a way to win elections! do away with the opposition! They are so fucking COLD HEARTED!!

[Eliot Rosewater]

22. And every bit of this was unavoidable. But I cant talk about that.

[iluvtennis]

6. Ditto.

[MattP]

3. Significant a couple of hundred dollars?

[iluvtennis]

8. TAx rates are for the benefit of the wealthy, not the middle class...

The pink highlights are tax increases, the others are tax decreases. WTF - why are ppl who make less than $40K being penalized.

[still_one]

14. It also doesn't factor in the effect of removing the Personal Exemption for those that currently

itemize deductions.

Many people who currently itemize deductions will find that the tax they pay today will be increased under the republican tax bill because of the removal of the personal exemption. That difference will be amplified even more if they take away the SIT deduction, healthcare deduction, and home equity interest deduction.

It also does not factor in the increase in health insurance premiums that will result from removing the ACA mandate, and the increased healthcare costs if they remove the subsidies the ACA currently pay for people under a certain income, or expanded Medicaid.

Sadly, many of those effects may not be realized until a year down the road with this draconian tax bill

[iluvtennis]

15. Thanks for the added information - appreciated

[still_one]

19. My biggest concern is the impact this will have for healthcare for the most vulnerable in our

society.

[harun]

16. They won't even discuss that these are all "income" taxes and not "wealth"

taxes.

If you are sitting on 10,000,000 dollars and just hanging out all year, you don't pay a dime on that 10m.

[marble falls]

9. Don't fall for it Mario, look at what happened to Collins!!!!!

[bluestarone]

10. they all have a 2 minute brain

only can remember 2 mins back

[yurbud]

11. have any blue state Republicans chickened out yet?

[sandensea]

20. Nope.

Too eager to cash in later on with million-dollar lobbying gigs to worry or care.

[Gamecock Lefty]

12. Watch What They Say and Do!

Notice Noem said, “I believe that we’re in a good spot and should be able to earn his support” she said of Rubio.

She didn't say, “I believe that we’re in a good spot to help the poor and working families."

[SWBTATTReg]

13. I just love this...Rubio complains about not enough for families with child tax credit...why

didn't they do this to begin w/? 99% of the people they represent could use a little help. They still have a long ways to go in reshaping this stupid unneeded tax reform bill, e.g., turn around totally who's getting the lion's share of the benefits (1% of the 1%), but they won't...

[Marthe48]

23. Still a tax hike don't fall for it

the repukes won't be happy until they suck every penny from our pockets. Then they'll go for the jugular.

[bluestarone]

24. closed the loop holes alright BUT

got the wrong end of the scale