The federal Child Tax Credit (CTC) is an income tax credit that provides families with more resources to afford the… Continue reading Federal reconciliation bill’s Child Tax Credit expansion excludes the families that need it most
Tag: Institute on Taxation and Economic Policy
Federal stimulus plans should include everyone facing hardship
“At a time of crisis, it is much better to be generous and wide ranging than to be too targeted,”… Continue reading Federal stimulus plans should include everyone facing hardship
Minnesota ranks high for tax fairness in 50-state study
The Institute on Taxation and Economic Policy (ITEP) finds that nearly every state fails basic measures of fairness, but Minnesota is among a small number of states where income inequality is reduced by state tax policy.
Undocumented immigrants pay $83 million in state taxes, would pay more with immigration reform
Undocumented immigrants play a vital role in Minnesota’s economy and currently pay an estimated $83 million in state and local… Continue reading Undocumented immigrants pay $83 million in state taxes, would pay more with immigration reform