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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 prognosticators woul
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.