Congress huffs, puffs and passes timid deal
137 days ago
On the positive side of the ledger, the bill passed late Tuesday:-Maintains current tax rates for about 98 percent of Americans while reasonably boosting them for families making more than $450...
Details of Senate bill averting 'fiscal cliff'
139 days ago
The tax was originally designed to ensure that the wealthy did not avoid owing taxes by using loopholes.-Other tax changes: Extends for five years Obama-sought expansions of the child tax credit,...
Details of tentative deal averting 'fiscal cliff'
140 days ago
The tax was originally designed to ensure that the wealthy did not avoid owing taxes by using loopholes.-Other tax changes: Extends for five years Obama-sought expansions of the child tax credit,...
Boehner plan ends tax cuts for rich, poor
151 days ago
Boehner's bill also lets expire an expanded tax credit for college tuition and related expenses, and an enhanced Earned Income Tax Credit for low-income families with three or more children.
Obama, Boehner return to verbal fisticuffs on fiscal cliff
152 days ago
In a report issued Wednesday, the White House argued that the plan - which does not continue the American Opportunity Tax Credit and improvements to the Child Tax Credit and Earned Income Tax...
Warren Buffett's wrong on goal for federal revenue
166 days ago
I'd also add bigger wage subsidies -- via, say, some kind of mega-earned income tax credit -- so that full-time work (and especially in-person service-sector work that can't be offshored) offers a...
House and Senate sit on tax bills the other passed
168 days ago
The EITC provides tax credits to low-income families based on their income and number of children.
