Page 25 - Workers Act News Today

A tax relief package passed the House of Representatives this week and heads to the Senate for consideration. The Tax Relief for American Families and Workers Act restores tax provisions left out of the 2017 tax reform efforts. American Farm Bureau Federation Government Affairs Director Dustin Sherer said the legislation includes provisions that benefit farmers […]

The House on Tuesday night easily passed a $78 billion bipartisan bill to increase the Child Tax Credit and restore some business tax breaks through 2025. The Tax Relief for American Families and Workers Act of 2024 would also expand the low-income housing tax credit and provide some disaster relief. It sailed through in a 357-to-70 vote that far exceeded the two-thirds majority required for passage, though 47 Republicans and 23 Democrats voted against the legislation. “Most prognosticato...

The Tax Relief for American Families and Workers Act passed the House. The bill expands the child tax credit and bolsters tax breaks for businesses. The legislation faces a tough road in the Senate.

WASHINGTON, D.C. – U.S. Rep. Harriet Hageman voted against H.R. 7024 – Tax Relief for American Families and Workers Act of 2024, saying in a news release that the bill

The Tax Relief for American Families and Workers Act passed the House. The bill expands the child tax credit and bolsters tax breaks for businesses. The legislation faces a tough road in the Senate.

The proposed changes could benefit millions of children whose families right now earn too little to receive the full credit.

A bipartisan tax relief bill that passed with an overwhelming majority in the House is headed for a buzzsaw in the Senate, where Republicans are threatening to block it. Senate Republicans are angry they were cut out of negotiations between Senate Finance Committee Chair Ron Wyden (D-Ore.) and House Ways and Means Committee Chair Jason…

U.S. Reps. Ryan Zinke and Matt Rosendale cast differing votes on a bipartisan bill that included provisions expanding the child tax credit, which passed the House of Representatives on Wednesday 357 to 70.

Plus, Rep. Gloria Johnson and U.S. Sen. Marsha Blackburn bring in millions for 2024 Senate battle, and Gov. Bill Lee heads to the border in Texas.

When it comes to tax time, low-income earners may feel stressed about seeing even more of their earnings eaten up by taxes. As of 2022, the federal poverty limit for an individual was $13,590 and...