The Biden administration is planning to drastically expand the nation’s welfare state through increased child allowance grants quietly added into the latest stimulus, which some experts say is a move toward universal basic income. As part of the $1.9 trillion COVID-19 relief package, the annual child tax credit was increased to $3,000 per child from ages 6 to 17, and $3,600 for children under 6. It will be made fully refundable, and payable in monthly installments of $300. Before this, the maximum annual credit was $2,000 for every child under 17. Notably, the program removed existing work requirements that would increase credit earned based on a person’s income from work. Now, all taxpayers earning under $200,000 with children aged 17 or under living with them at least half the year can claim the full credit. Tax experts have called the increase a “vast undertaking.” Some experts describe the plan, if …
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