The federal Reconciliation Bill (H.R.1) that was passed into law in July will make life harder for everyday folks across our country. This law’s tax provisions favor the… Continue reading The federal Reconciliation Bill’s tax provisions largely benefit the wealthy, but leaves everyday people behind
Tag: TCJA
Federal reconciliation bill’s Child Tax Credit expansion excludes the families that need it most
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
Struggling Americans would be harmed by federal budget and tariff policies, while high-income people receive big tax cuts
The U.S. House and Senate have passed budget resolutions that outline plans for deep cuts to services that families rely… Continue reading Struggling Americans would be harmed by federal budget and tariff policies, while high-income people receive big tax cuts
Study: How much do profitable US companies pay in federal corporate taxes?
In 2017, federal policymakers passed the Tax Cuts and Jobs Act (TCJA), which included provisions that reduced the federal corporate… Continue reading Study: How much do profitable US companies pay in federal corporate taxes?