Mike Russell

Mike Russell

Mike Russell believes that individual freedom is the foundation of American excellence, that small business is the engine that drives economic...Full Bio

 

Child Care Tax Credit Is Costly.

Starting Thursday most American families with children will get a monthly stipend from the United States Government. For every child under the age of 6, families will receive $300. $250 for kids over the age of 6.

Total cost, $105 billion.

That used to be considered a lot of money. Not anymore.

Consider this. The cost of the child tax credit in the first year is half of the net worth of the richest man on the planet. At last check, Amazon founder Jeff Bezos is worth $211 billion.

So much for the wealth confiscation tax.

That won't even raise enough money to pay for this new program. Like most things in politics, it's just a show. A show with consequences. A show that causes rich versus poor divisions. All so elected politicians can stay in office and in power.

Warren and others make it seem like Jeff Bezos, Elon Musk, and Richard Branson are the only thing that stands in the way of you having great healthcare. And the politicians are the only ones with the answer.

But, since they clearly haven't proven they know how to spend your money wisely, don't trust them to take any more of anyone else's money.


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