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MiBolsilloColombia on MSNGOP plan may restrict Earned Income Tax Credit for millions of workersThe GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.
The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...
A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...
The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.
Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...
This version of the budget bill would contribute to an average net gain of $12,000 to wealthy families and a $1,600 net loss ...
Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.
There are also concerns that the new policy "would incentivize employers to keep base wages stagnant" as well as impact workers' "eligibility for other programs, such as the child tax credit and ...
The parliamentarian ruled that a provision making it easier to get silencers and certain types of guns is irrelevant to the ...
This bill will not balance the budget or reduce the deficit, but it will take food and healthcare from children and tax credits from working families.
The new bill establishes a full tax exemption on military pensions for retirees earning less than $125,000 annually.
The One Big Beautiful Bill extends tax cuts from Trump’s first term, implements new campaign proposals — including no taxes ...
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