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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 ...
The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.
A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...
Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...
Seniors, students, taxpayers, children, parents, low-income Americans and just about everyone else will be affected by the ...
Opinion
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Today in Ohio podcast dissects how the proposal to stop taxing tips could harm low-income workers by threatening crucial tax credits while creating loopholes for the rich ...
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.
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 ...
Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.
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