Originally Posted by
Nantonaku
The BBB makes the EITC permanent. Incentivizing people to work using the earned income tax credit has been a huge economist ask for a while. The best part is, youre not giving anyone any extra money. You are just giving people the tax refund slowly over the course of a year instead of all after the filing. Gets rid of the "splurge" mentality from idiots, and forces people to stay in their budget more months of the year, and its not a costly item because its tax money you were going to refund anyway. If you strip everything out of the BBB except for the EITC continuation, the bill would pass in record time. Making the EITC permanent is so popular on both sides of the isle, progressive democrats tried hanging 4 or 5 other nonsense programs on top of it hoping everyone would swallow the pill. Even now, as its down to 1.5 from 3.5 (or 6 before that), its still a hard pass. EITC makes a lot of sense, but it isnt going to convince America to turn into Europe.