Insight - July 19th, 2021
Insight
•
19-Jul-2021
The first IRS child tax credit distribution of the American Rescue Plan has gone out. Today on Insight, Brother John and Josh Rosenstern explain how this tax credit will go out to people who don’t even pay Federal Income taxes. He says about half of Americans fall into this lower income bracket, and therefore will not be required to pay this credit back. Families with children between the ages of 6 to 17 will receive three thousand dollars per child on the 2022 tax year; the government is giving half of the credit early. So, $1500 dollars will go out this year per child, broken down into six payments of $250 dollars each. These six monthly payments will be deposited from July to December of this year. Brother John says he believes the Government is weaning us into Universal Basic Income; these types of Federal payments will lead Americans to become more and more reliant on the handouts and will be less ambitious to work for a paycheck. Brother John says the U.S. Federal Government has the largest budget deficit in history developing into this fiscal year, as Congress is now looking to pass another three and a half trillion dollars in spending. Brother John says our government spending has gone radical, and American money is quickly losing its value.
Up Next in Insight
-
Insight - Jun. 4th, 2019
John and Josh Rosenstern on today's program address the news of President Trump's plan to tariff Mexican goods. John and Josh further break down the immigration crisis in the United States and explain how it is vital that the immigration situation be addressed.
-
Insight-May 9th, 2024
Today on Insight, John and Josh Rosenstern discuss the increased spending within our US government needs to be reigned it in on both sides. Georgia Congresswoman Marjorie Taylor Greene brought a pre-motion to oust the Speaker of the House, but some 125 Democrats voted in favor of Mike Johnson an...
-
Insight - Jul. 25th, 2023
Today on Insight, Josh Rosenstern discusses the protesting of tens of thousands clashing in the streets of Israel. This is significant because Israel is always under the microscope of other nations. This conflict puts Israel at a greater compromise, as many wish her harm and not good. The Word ...
