VT Headlines

VT Headlines: Family of 4 earning $124,000 qualifies for child care subsidy

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Categories: VT Headlines

28 replies »

  1. If one can’t afford to care for and feed children, don’t reproduce.

  2. Not to mention the property tax income subsidy and year-round mandatory free school meals to name just two more welfare programs Vermont has foisted on the vast majority of its residents. The goals are clear:

    — get everyone on welfare so that we all “appreciate” the government more than we did the year before.

    — vastly disincentivize any whiff of the tried-and-tested successful, traditional nuclear family so that all children can be fully indoctrinated and “activated” before entering the tertiary indoctrination program (errr… college.)

    As usual, the top 10% of hardworking citizens are paying all the bills for everyone else.

    And what about those of us that choose to homeschool our children? (You know, so they can actually read and do math when they leave school, instead of being experts in gender ideology?) We’re left paying for all the free school meals, the daycare and the public education for the rest of you ingrates. With nary a tax credit (nor a “thank you”) in sight.

  3. The child credit is funded by a 0.44% payroll tax in effect July 1, 2024. Source: Payroll.org: “The contribution rate is set at 0.44% of an employee’s covered wages. The rate is set at 0.11% on self-employed workers’ income. Of the 0.44%, an employer may deduct and withhold not more than one quarter (0.11%) of the required contribution. The rest of the contribution must be paid by the employer. Employers will remit contributions to the Vermont Department of Taxes.”

    So, employers will make up the difference of this increase how? Will businesses simply fold under the weight of operating costs? Will they have to increase costs to consumers or stave off any wage increases or bonuses? Bidenomics is going great Grammy Yellen says and more wars will increase our GDP – no worries!

    Robbing Peter to pay Paul is the leftwit Vermont way. What happens when Peter and Paul are insolvent or simply leave this endless money sucking pit Hellhole?

    • Correct. As always, Democrats never think about “unintended” consequences (“unintended” is being kind) of their grand schemes. A tax on any company is just another tax on the consumer. Companies do not pay taxes – ever. People do.

      Both Peter and Paul (and many of their kin) have already left Vermont.

  4. now ,it has become quite obvious that vermonters on this website would rather jump up and down in their own puddleofpiss and not address the main cause of some of these problems/// massive inflation ,thanks to the banker boys at the federal reserve/// no one will be able to cover the cost of living in the future/// this is what you get in a debt credit money system/// big government spending is what keeps this system operating///

    • You had me until you blamed inflation on the federal reserve. Inflation is caused by one thing and one thing only – increase of the money supply. Culprit? Congress.

    • You mean the The Federal Reserve/US Treasury ponzi scheme currently $34+ trillion in the hole? Grammy Yellen says everything is fine! Jereome Powell is sitting on a trillion in emergency reserve to bail out the brothern if the war-mongering doesn’t pan out as planned. So, Americans keep contributing to the 401K casino pit boss, don’t look at your IRA or even touch it, ya hear! Don’t worry about a thing…they know what they are doing…okay? Now shut up and keep working, the corporation demands your compliance and obedience.

  5. Of COURSE they qualify…after all, these are all “free” benefits.

  6. congress does not increase the money supply/// the federal reserve prints money and they are called federal reserve notes/// try looking at the top of their one dollar bill/// now, any more questions///

    • The Federal Reserve does not print money. It controls the money supply primarily by buying and selling US securities (t-bills, bonds, notes etc.) on the open market. These securities are issued by the US Treasury to finance all government operations — operations all of which are authorized at one point or another by Congress.

      By buying and selling these securities on the open market, the Federal Reserve electronically injects money into the economy (when they buy securities), and removes it (when they sell securities.)

      The only other significant mechanism the Federal Reserve has is to set the discount rates at which commercial banks can borrow money — the “base interest rate.” Decreasing the base rate incentivizes consumer borrowing and spending (generally increasing inflation) while increasing the base rate discourages consumer borrowing and spending (generally reducing inflation.)

      However, they don’t just conduct these operations on a whim. Their dual mandate from Congress is 1) To achieve a stable dollar and 2) To achieve maximum employment.

      To blame the Federal Reserve for inflation is like blaming the chef for the size of your appetite.

    • Don’t forget, the Federal Reserve is only one pillar of the global central bank system. (Which BRICS is slowly pulling apart) Remember in 2008, all the boats tied together started to sink? Nations such as Greece and Ireland were stoved into austerity? Enter the EU which is the US Treasury’s ally, co-conspirator, co-borrower. All around the IMF. The 2020 plandemic was partially used as a stop gap to save the entire system from collapsing. Research it and you will find Truth behind the lies.

      At this juncture, attempting to differentiate the Fed from the Treasury is a futile exercise. The bond market is nothing more than US debt bundled for sale to whom? Foreigners and banks. The bond rate is going up. The bonds are trash and no one wants them. Last year, Japan devalued their own currency when dumping US Treasury bonds to buy gold.

      In any event, whatever we think we know about how our monetary system and the stock market works, forget it – it has not operated legimately for over 30-40 years. Those who have watched this closely since 2008 knows exactly it is all fake, inflated, and criminal. Carry on!

  7. ops, i almost forgot/// the government borrows all that money that is printed///

  8. That’s ridiculous if you make 179k a year you don’t need assistance. The income limits are always at ridiculous numbers should be 50k or less.

    • @Todd
      I thought the same thing! Daycare for their kids are generally the same cost as any others.
      Damn, if I earned that kind-of money annually I’d pay for my own child’s daycare out of pocket AND yours!

  9. Vermont is too generous. Many people are finding it difficult to live here mainly, I think, to this generosity attitude and high taxes.

    • …and deadbeats are moving here in droves to take advantage of our “social enlightenment” programs, and contributing nothing but bloody syringes and trashed motel rooms.

    • The child care subsidy is needed, but the qualifying income at $124,000 is ridiculously high.

    • @Forrest Manning
      The child care subsidy is needed, but the qualifying income at $124,000 is ridiculously high. Then in October….$179,000.

    • Sorry about duplicate comments. I see no way to delete or to even edit our comments. 😒

  10. the federal reserve is trying to curb inflation by laying off more people and slowing the economy//// this may be great until you loose your job and can not pay your mortgage/// they set the stage with zero percent interest rates and caused a massive increase in inflation/// any people whom were saving money took a great lose in the last ten years/// they are not federal and there is no reserve///

  11. the chef is dead , because he ate his own meal///// electronically injects money means they found a new way to print debt creating notes/// a note is a debt ////

    • Richard – please learn to use the Reply button on the thread, or your thoughts become scattered all over the page instead of neatly inline where they can be read and digested in the context in which they were intended.

      You’re confusing the Federal Reserve and the US Treasury again. The Federal Reserve does not create debt, or securities or notes or whatever you want to call them. They buy and sell those securities that are issued by the US Treasury. Why does the US Treasury issue securities? To fund the US government. Why does the US government need to be funded? Because of Congress. Follow the money.

  12. this has been just another day playing in the puddleofpiss/// stay tuned/// we may get another currency reset/// gas in california for regular is now over five dollars per gallon/// now, who will take the blame for next wave of inflation////

    • Gas going up in price is not necessarily indicative of inflation. The price of a commodity such as gasoline in US dollars is dependent on many factors, only one of which is the relative value of the US dollar.

  13. trust me mr. lynch/// i do not need any instructions from you/// i have a good reading on the subject matter/// i am sorry you can not digest the content/// what most people now are having to digest is the inflation on every thing they are buying///

    • Oh hush, Mr. Day! Just trying to help you to understand the role of various governmental organizations and help stem the flow of misinformation emanating prolifically from your keyboard. It’s a free service I offer to the top 1 most egregious offender(s) on VDC!

      You got that “Reply” button thing figured out yet? (rhetorical question – no need to hit “Reply!”) Have a lovely day. It’s sunny, warm and the Fed isn’t printing any money today!

  14. oh hush is the final word and there is no misinformation on my part////