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Old 29-04-2017, 06:40 PM #20
user104658 user104658 is offline
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Join Date: Jul 2013
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user104658 user104658 is offline
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Join Date: Jul 2013
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Quote:
Originally Posted by DemolitionRed View Post
Child tax credit are for parents who work but are low earners.

Think of it as a government loan. Every child born in this country is used as collateral for government borrowing. They base that collateral on the child growing up and being a long term tax payer. If people stopped having children because they couldn't personally afford them without a bit of help the future economy would fail because there wouldn't be enough people.
The top part is actually incorrect DR, Child Tax Credits are paid regardless of employment status, its only Working Tax Credits that are dependent on employment.

Totally agree with all of the rest of it, though. I keep seeing the same people saying that the government shouldn't fund people having kids, and at the same time, that they want less immigration. Absolutely zero understanding of the fact that a declining population would collapse the economy. Not debatably or in theory... It's just what would happen. Aging populations are screwed.
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