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December 15, 2017

Little Marco Now a Yes On Tax Bill After Concession on Refundable Child Tax Credit; Mike Lee Still Undecided; Unexpected Vote Flips from Hard No to Yes

Marco Rubio insisted that more of the bill's $2000-per-child tax credit be made "refundable," that is, it's a tax credit even if you don't pay taxes. In other words, it's a direct wealth transfer from tax-paying Americans to non-tax-paying Americans.

The bill already had a refundable component of $1100 per child. Rubio wanted that upped. It has been upped, to $1400 per child, and now he's a yes.

Mike Lee, on the other hand, remains undecided. Apparently he wants an even larger direct wealth transfer.

Surprisingly, even liberal stooge Bob Corker, who previously objected to the plan over alleged concerns about increasing the deficit (though he's not very keen on cutting government spending), is now a... yes??!!

posted by Ace at 03:42 PM

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It has been upped, to $1400 per child, and now he's a yes. Mike Lee, on the other hand, remains undecided. Apparently he wants an even larger direct wealth transfer. Surprisingly, even liberal stooge Bob Corker, who previously objected to the plan over alleged concerns about increasing the deficit (though he's not very keen on cutting government spending), is now a... yes??!! posted by Ace at 03:42 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments steevy: "Good for the Village People, they took a lot of sh ..." Diogenes: "That's wonderful! Best decision our family ever ma ..." Rodrigo Borgia: "> 376 Rumors abound that Fetterman is leaving dem ..." 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