In a 2021 interview , Republican Vice Presidential candidate JD Vance indicated that families with children should pay less in taxes than childless taxpayers at...
The dependent exemption, the earned income tax credit (EITC), and the child tax credit (CTC), supported at times by Republicans and Democrats alike, help bolster...
The Family Security Act 2.0 (FSA 2.0) framework introduced this past June by Senators Mitt Romney (R-UT), Steve Daines (R-MT), and Richard Burr (R-NC) emerged...
This blog has been revised, reflecting TPC’s recalculated analysis of proposals to reduce business taxes that are under discussion in Congress. TPC’s initial analysis over-estimated...
Talk about playing against type: The tax cuts in President Biden’s American Rescue Plan (ARP) are among the biggest one-year tax reductions in modern US...
President Biden and House Way & Means Committee Democrats have proposed increasing the earned income tax credit (EITC) for workers without children at home –...
Capitalism produces a dizzying array of products and, in the process, generates an enormous amount of wealth. But capitalism creates a problem in that the...
President-elect Joe Biden proposed a new $1.9 trillion pandemic relief plan last night that would substantially cut taxes for low- and moderate-income households, especially those...