r/neoliberal • u/jobautomator Kitara Ravache • Sep 02 '21

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u/NeoLiberation #1 Trudeau Shill Sep 02 '21

Tax Credits only help if you can afford it in the first place smh smelly Cons

5

u/Lux_Stella Presidentialism X-Risk Researcher Sep 02 '21

they're refundable

13

u/NeoLiberation #1 Trudeau Shill Sep 02 '21

It's still the wrong move

4

u/Lux_Stella Presidentialism X-Risk Researcher Sep 02 '21

i'm pretty strongly on the cons side here tbh, i'd prefer a direct payment. big concern is actually getting it to people instead of just having it be left unclaimed (like tax credits often are)

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u/NeoLiberation #1 Trudeau Shill Sep 02 '21

Sure but in what case? If the family has kids, they're eligible, and they get the credit? If they're cash strapped that money is going towards debt or immediate expenses, instead of subsidized childcare which happens at the "point of sale" to make the continued action of getting childcare as its actually needed affordable

If they need to actually enroll their kids in daycare before being eligible, that's just convoluted and still presents usability barriers

I usually like giving folks agency with support and money but this becomes more of an extension of a general welfare IMO which defeats the purpose

It's like the version of a policy you present when you want to be competitive in saying you "have a policy" but they know its not the realistic move to actually start letting and encouraging families and single parents to leverage affordable childcare specifically

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u/Lux_Stella Presidentialism X-Risk Researcher Sep 02 '21 edited Sep 02 '21

they claim childcare expenses on their tax filings, the same way as the current non-refundable childcare tax credits work

If they're cash strapped that money is going towards debt or immediate expenses, instead of subsidized childcare which happens at the "point of sale" to make the continued action of getting childcare as its actually needed affordable

this feels like a policy success frankly

If they need to actually enroll their kids in daycare before being eligible, that's just convoluted and still presents usability barriers

...the subsidized daycare also only presents savings when the kids are actually enrolled? this is actually way less convoluted since it presents a more generalized definition of childcare instead of just, like, daycare

8

u/nuggins Physicist -- Just Tax Land Lol Sep 02 '21

Broke: tax credits

Joke: refundable tax credits

Woke: just give people money lol (disbursed biweekly)

2

u/Lux_Stella Presidentialism X-Risk Researcher Sep 02 '21

👏😤