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The popular child tax credit will receive a slight boost from President Trump’s signature tax and spending bill – but there are caveats.
Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for defense and immigration enforcement, delivering President Donald Trump his ...
The plan, part of the Republican domestic policy bill, includes all but the wealthiest families. But states must opt in, which could limit its reach.
It is clear that this tax credit has the potential to come with an enormous cost if private school groups are successful in ...
ITEP Executive Director Amy Hanauer appeared on BreakThrough News' The Freedom Side live on Thursday, July 3 to discuss ...
The Trump megabill will give the top 1 percent tax cuts totaling $1.02 trillion over the next decade. For comparison, the ...
While the bill will make life harder for millions of current Medicaid recipients and low-income families, a wide swath of corporate America came out as big winners. Here’s a look at the industries ...
How much money you save with tax deductions, which reduce your taxable income, depends on your bracket. Deductions are more valuable to higher-income households and less beneficial for lower earners, ...
Today the Senate passed the tax and spending megabill, sending it to the House. See below for a statement from ITEP as well ...
The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...