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TexasBushwhacker

(21,196 posts)

38. It's the amount over $2K per child that's capped at $150K for a married couple

Reply to questionseverything (Reply #32)

Sun Jan 2, 2022, 10:00 PM

Jan 2022

If a married couple's AGI is over $150K, then the additional $1600 per year for children under 5 and the additional $1K per year for children over 5 is what is holding things up. Before 2021, the CTC was $2K per child regardless of age for couples with AGIs up to $400K. That was to make up for the exemptions that Trump took away.

I do not believe Manchin wants to do away with the CTC entirely. He just wants to lower the income caps for the folks currently eligible for the extra $1K to $1600 per child. At this point, I say so it and put it up for a vote. Hell, Lisa Murkowski may even get behind it.

Does it even occur to Manchin that when he says he's afraid that people getting the tax credit are spending it on DRUGS, that he's talking about his CONSTITUENTS?

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Scoop: Manchin returns to Build Back Better negotiations with demands [View all] demmiblue Jan 2022 OP

says who? made up baloney nt msongs Jan 2022 #1

Manchin, our own resident Liberal Bill saboteur. olegramps Jan 2022 #52

I keep trying to type something but it is all cuss words. Irish_Dem Jan 2022 #2

I hear ya Irish......damn him. a kennedy Jan 2022 #25

I bet you and I could let out a string of words to describe Manchin. Irish_Dem Jan 2022 #29

I have zero respect for Manchin CentralMass Jan 2022 #3

That high? LenaBaby61 Jan 2022 #17

he is high !!!! monkeyman1 Jan 2022 #47

Way high! Magoo48 Jan 2022 #49

yup, I lived in wv for 10 years. He's worthless Champion Jack Jan 2022 #39

lowering the income cap is something that can be negociated drray23 Jan 2022 #4

Yes sir. Which is what the article is implying...it's no surprise. Alexander Of Assyria Jan 2022 #30

If it's capped at $150,000 who is it that would qualify for the questionseverything Jan 2022 #32

It's the amount over $2K per child that's capped at $150K for a married couple TexasBushwhacker Jan 2022 #38

It was my understanding that the entire $3000 or $3600 was capped at $150,000 in 2021 questionseverything Jan 2022 #40

call his bluff qazplm135 Jan 2022 #5

75K sounds like a good cut off point to me. KS Toronado Jan 2022 #15

75k is awful low dsc Jan 2022 #18

no one is saying it's ideal qazplm135 Jan 2022 #21

It changes the basic mission of the bill in many parts of the nation Tom Rinaldo Jan 2022 #55

Live in the San Francisoc Bay area, with two kids, making 125k rpannier Jan 2022 #19

I forgot some cities like yours cost a lot more to live in KS Toronado Jan 2022 #46

try floriduh ! monkeyman1 Jan 2022 #48

Child tax credits weren't about "who needed help " originally questionseverything Jan 2022 #28

Capped lower...lose elections? I m thinking the opposite...lower cap means more money for Alexander Of Assyria Jan 2022 #31

You are suggesting taking away a thirty year old credit for raising children questionseverything Jan 2022 #33

M focusing on the giving part, and it's electoral consequences as u are...not the taking. Alexander Of Assyria Jan 2022 #35

It may be OK in Kansas, but not in higher cost states karynnj Jan 2022 #59

I would feel better if it was closer to $100k for a single earner Sapient Donkey Jan 2022 #61

I'm thinking... essaynnc Jan 2022 #6

Sold! GREAT! Let's do it! Vote on it and move on! NurseJackie Jan 2022 #7

Exactly. We can't delay 6 months like last year. Get what you can get, and realize not everything JohnSJ Jan 2022 #34

In a poor state like WV bucolic_frolic Jan 2022 #8

Yes but WV isn't the only state in the USA NHvet Jan 2022 #56

Make the bastard vote no CanonRay Jan 2022 #9

Well, golly gee! What do you all bet Manchin didn't even bat an eye before voting on the giant, PatrickforB Jan 2022 #10

I TRULY believe....... MyOwnPeace Jan 2022 #12

And he was silent as a church mouse ... LenaBaby61 Jan 2022 #22

You are poorly informed. Manchin literally voted NO on the trump tax cut. mathematic Jan 2022 #42

I'm very informed thank you anyway. LenaBaby61 Jan 2022 #60

First, he needs a primer in macroeconomics elias7 Jan 2022 #11

Kick dalton99a Jan 2022 #13

As soon as the Dems DENVERPOPS Jan 2022 #14

Negotiating in public is counterproductive. n/t PoliticAverse Jan 2022 #16

the W.V. mental midget returns to scene of a crime ! monkeyman1 Jan 2022 #20

Scoop: Lucy is offering to hold football so Charlie Brown can kick it rpannier Jan 2022 #23

If you give him everything he wants Mr.Bill Jan 2022 #24

Does he want to be President? I keep getting the feeling he and Sinema want a ticket Bristlecone Jan 2022 #26

thats nonsensical quakerboy Jan 2022 #45

Lower The CTC Cap For Now WHITT Jan 2022 #27

I see a lot of people wanting Schumer to schedule a vote and make Manchin go on the record with a no MichMan Jan 2022 #36

IMO Manchin has only 1 agenda. He's out to beat anything Biden and the rest of the Ford_Prefect Jan 2022 #37

Smoke and mirrors Rob H. Jan 2022 #41

I'm fine with that TheFarseer Jan 2022 #43

They have lost millions of tax dollars to his dithering. SleeplessinSoCal Jan 2022 #44

What's the matter? Did the camera turn away from Manchin for more than a minute? Vinca Jan 2022 #50

I know the process DownriverDem Jan 2022 #51

If y'all managed your money like the government you would be twodogsbarking Jan 2022 #53

I'm glad Manchin wasn't a Founding Father. LastLiberal in PalmSprings Jan 2022 #54

You could have included that twodogsbarking Jan 2022 #57

If Manchin requires an income cap on who gets the CTC, I hope it is done fairly karynnj Jan 2022 #58