Page 62 - சம்பாதித்தார் வருமானம் வரி கடன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Toggle open close According to the Biden Administration, a main feature of its “Families Plan” would be “tax cuts for America’s families and workers,” asserting its plan would offer “key tax cuts…that benefit lower- and middle-income workers and families.”REF In reality, the Biden “child allowance” plan would offer no long-term tax relief to families with children. Even in the short term, some 74 percent of aid would go for cash grants to families who owe no income tax; only 26 percent would go for tax relief. But even this limited tax relief would be temporary: The plan’s permanent provisions, in fact, would provide zero tax relief to families with children. All permanent assistance would be restricted to cash grants for families without tax liability.

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