The Minnesota Legislature passed some investments in Minnesota families’ economic well-being and improving their tax-filing experience in this year’s final… Continue reading 2024 Legislature passes improvements in Child Tax Credit, tax-filing process
Tag: Child Tax Credit
Child Tax Credit and tax-filing improvements in play in final 2024 tax negotiations
Minnesota policymakers could be less than two weeks away from enacting into law innovations and improvements in the Child Tax… Continue reading Child Tax Credit and tax-filing improvements in play in final 2024 tax negotiations
Minnesota Child Tax Credit strengthens families and reduces child poverty
Minnesota’s new Child Tax Credit (CTC) will help families achieve their goals and invest in a better future for themselves… Continue reading Minnesota Child Tax Credit strengthens families and reduces child poverty
Proposed federal Child Tax Credit expansion would boost the incomes of millions of families
Key decision-makers in the U.S. Congress have crafted a tax deal that includes a three-year expansion of the federal Child… Continue reading Proposed federal Child Tax Credit expansion would boost the incomes of millions of families
2023 tax conference committee weighs similarities, differences in House, Senate, Walz tax plans
This year, policymakers are considering transformational changes and long-overdue investments to make Minnesota a state where all can thrive. That… Continue reading 2023 tax conference committee weighs similarities, differences in House, Senate, Walz tax plans
January economic update affirms state has resources to invest in everyday Minnesotans
The state of Minnesota’s revenue picture continues to improve, and the national economic recovery is expected to be a little… Continue reading January economic update affirms state has resources to invest in everyday Minnesotans
Governor Walz releases FY 2024-25 budget priorities
The Walz administration’s recently released budget proposal names as their priorities making Minnesota the best state for children, investing in… Continue reading Governor Walz releases FY 2024-25 budget priorities
Child poverty declines sharply thanks to federal Child Tax Credit expansion
The improvements that policymakers made to the federal Child Tax Credit (CTC) was one of the contributing factors to a… Continue reading Child poverty declines sharply thanks to federal Child Tax Credit expansion
Another historic surplus yields opportunity for transformational investments
The State of Minnesota is projected to have dramatically more resources than previously expected, according to the November 2022 Budget… Continue reading Another historic surplus yields opportunity for transformational investments
Inflation Reduction Act advances economic relief, tax equity, and climate response
The Inflation Reduction Act (IRA) marks the latest federal effort to help families make ends meet while delivering transformative investments… Continue reading Inflation Reduction Act advances economic relief, tax equity, and climate response