(Because Trump needs to go, because we need campaign finance reform, and because of the potential for fully refundable tax credits and monthly stimulus checks in 2021)
Thank you very much for writing this. I am constantly seeing people online demanding to hear three reasons why anyone would vote for Biden other than disliking Trump. Here you have presented them, and they are rock solid.
By the way, so I can remember them when requested, those three are (not counting disliking Trump):
(1) Democracy Reform, which Biden is very strong on and Trump is very week on. This includes a new version of H.R.1, which would introduce a system of 6:1 public matching of donations under $200. It also includes ending gerrymandering, automatic voter registration, political organization donor disclosure, and other anti-corruption reforms intended to improve our democracy.
(2) Expanding the child tax credit from $2,000 a kid to $3,000 for kids under 17 and $3,600 for kids under 6, and making it fully refundable and paid monthly, so that those earning too little to get a benefit from the tax credit would start receiving a monthly check. For these parents, it would be a small basic income, similar to the Canada Child Benefit which has helped build the case for a basic income in Canada. Biden would also like to boost the child and dependent care credit (CDCC) to $4,000 for one kid and $8,000 for two, and make that refundable as well. Making these credits bigger and refundable is a big step toward a basic income for kids, and would help people understand UBI as a fully universal fully refundable tax credit.
(3) Biden has recruited people into his cabinet who will help the fight for universal basic income. Not is Biden said to have a spot on his advisory council for Andrew Yang, our strongest voice for UBI, but what is less well known is that Kamala Harris has long been a strong proponent of getting cash directly to people as well. Harris, together with Bernie Sanders, introduced S.3784, the Monthly Economic Crisis Support Act, which proposed $2,000 a month to everyone earning under $100,000, including $2,000/mo for up to three dependents. That victory will will demonstrate the positive effects on the economy and on health and well-being of Americans across the country and thus help lead us to winning a full universal basic income.
Thank you very much for writing this. I am constantly seeing people online demanding to hear three reasons why anyone would vote for Biden other than disliking Trump. Here you have presented them, and they are rock solid.
By the way, so I can remember them when requested, those three are (not counting disliking Trump):
(1) Democracy Reform, which Biden is very strong on and Trump is very week on. This includes a new version of H.R.1, which would introduce a system of 6:1 public matching of donations under $200. It also includes ending gerrymandering, automatic voter registration, political organization donor disclosure, and other anti-corruption reforms intended to improve our democracy.
(2) Expanding the child tax credit from $2,000 a kid to $3,000 for kids under 17 and $3,600 for kids under 6, and making it fully refundable and paid monthly, so that those earning too little to get a benefit from the tax credit would start receiving a monthly check. For these parents, it would be a small basic income, similar to the Canada Child Benefit which has helped build the case for a basic income in Canada. Biden would also like to boost the child and dependent care credit (CDCC) to $4,000 for one kid and $8,000 for two, and make that refundable as well. Making these credits bigger and refundable is a big step toward a basic income for kids, and would help people understand UBI as a fully universal fully refundable tax credit.
(3) Biden has recruited people into his cabinet who will help the fight for universal basic income. Not is Biden said to have a spot on his advisory council for Andrew Yang, our strongest voice for UBI, but what is less well known is that Kamala Harris has long been a strong proponent of getting cash directly to people as well. Harris, together with Bernie Sanders, introduced S.3784, the Monthly Economic Crisis Support Act, which proposed $2,000 a month to everyone earning under $100,000, including $2,000/mo for up to three dependents. That victory will will demonstrate the positive effects on the economy and on health and well-being of Americans across the country and thus help lead us to winning a full universal basic income.