https://www.crisismagazine.com/2020/...isan-concensus
Three proposed plans to fund paid leave (we currently have unpaid leave):
1.) use retirement funds (like IRA); does not use any new tax, but it draws on monies needed for retiremnt
2.) Medicare type funding, a 0.2% tax to create a general fund, but can also be used to care for sick relatives. A direct tax increase.
3.) a plan to allow parents to 'borrow" from the child tax credit (there is a child tax credit which is a type of payment, not a deduction) and then pay it back in yearly installments through a reduced child tax credit. (take 5,000 now, receive 1,000 bucks less for five years)
I am not sure that one can briefly summarize any complex idea in a single line without "misrepresenting" it in some way. However, I do think it possible to discuss it, even though the OP may be imperfectly written. I doubt anyone really wants to read a 5,000 word OP which manages to accurately represent the bills which no one will read. I did try to accurately portray the substance of the bills, as well as the pluses and minuses.
Here is one article on it. https://www.crisismagazine.com/2020/...isan-concensus
Three proposed plans to fund paid leave (we currently have unpaid leave):
1.) use retirement funds (like IRA); does not use any new tax, but it draws on monies needed for retiremnt
2.) Medicare type funding, a 0.2% tax to create a general fund, but can also be used to care for sick relatives. A direct tax increase.
3.) a plan to allow parents to 'borrow" from the child tax credit (there is a child tax credit which is a type of payment, not a deduction) and then pay it back in yearly installments through a reduced child tax credit. (take 5,000 now, receive 1,000 bucks less for five years)
I am not sure that one can briefly summarize any complex idea in a single line without "misrepresenting" it in some way. However, I do think it possible to discuss it, even though the OP may be imperfectly written. I doubt anyone really wants to read a 5,000 word OP which manages to accurately represent the bills which no one will read. I did try to accurately portray the substance of the bills, as well as the pluses and minuses.
Here is one article on it. https://www.crisismagazine.com/2020/...isan-concensus
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