Changes to the Child Tax Credit Under Kamala Harris | 2024 Update

Learn about the Child Tax Credit (CTC) and Kamala Harris's potential IRS tax payment policies that could impact your family's finances. Discover how these policies provide financial relief, reduce child poverty, and support middle-class families.

In today's update, learn about the Child Tax Credit and Kamala Harris's and the Democratic Administration's potential tax policies that could impact your family's finances in 2024 and 2025 and beyond. Understand how the Child Tax Credit provides financial relief through possible stimulus checks, reduces child poverty, and supports middle-class families. Discover Harris's proposals like the LIFT the Middle Class Act, the importance of Biden’s pledge not to raise taxes on those earning under $400,000, and what expiring Trump-era tax cuts mean for you. Find out how these policies can help cover childcare, education, and everyday expenses, and why staying informed and engaged with community and representatives is crucial for shaping beneficial policies. Learn practical tips to maximize these benefits and secure a more stable financial future for your family.

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Money Instructor does not provide tax, legal or accounting advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors regarding your own situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing.

[thecollectorinvesting]

The child tax credit changes during the pandemic created inflation. People ended up getting less than they would have because it increased prices after the money was paid out. One of the worst ideas during the pandemic. It increased inflation and reduced our spending power.

[Satoriga]

If u can’t pay your bills why the f u wanna have a kid

[Satoriga]

Why should I pay for child poverty? I already pay for schools and my trash bill matches a family of 5.

It should go by weight, then everyone would be more concerned about what they throw away.