so often we hear about tax cuts for the rich, and here is an example of one of the taxes that the opponents said was for the rich, and this is a $400 this year, $500 next year per child tax credit for families that make under $110,000 a year. Seventy-eight percent of the families who will benefit from this tax credit have a household income of less than $75,000 a year. Take the case of Mr. and Mrs. William Franklin of Brooklyn, Georgia. They just had a new son named Sean. They have to go out and buy a car seat, which the kid will immediately throw up on. They have to go out and buy shoes, which he will immediately lose one of. They have to go out and buy a walker, which he will try to roll down the steps so they will have to put a block in front of that little accordion door. They have to buy a Johnny Jump-Up to develop his legs. They have to go out and buy a blender to smash peas with, or they can pay for the more expensive; just get Gerber to do it for them. You have to do all of this if you have a child because raising children is very, very expensive. I know. I have four kids. They are wonderful, but it is proper for the government to give a $500 per child tax credit. It was passed by the Republicans last year. It is not some boondoggle for the rich, as the Democrats would have us believe.
Jack Kingston: “so often we hear about tax cuts for the rich, and here is an example of one of the taxes that the opponents said was for…”
Editor's note · Context
Discussing the child tax credit and its benefits for families during a floor speech.
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