Monthly payments for the child tax credit will start processing on July 15. About 39 million households will receive automatic payments. The advance child tax credit program is part of the Biden administration’s $1.9 trillion economic aid package called the American Rescue Plan that was passed in March “The American …
Read More »Families Earning Below $75,000 A Year Could Have A Tax Rate Of Zero
The $1.9 trillion American Rescue Plan will lower the average individual tax rate to zero or less for families earning $75,000 or less. According to estimates from the Joint Committee on Taxation, middle-class taxpayers earning $50,000 to $75,000 will have an average tax rate of -1.9%. Low-income families will get …
Read More »Civil Rights Attorney Lee Merritt Announces Bid For Attorney General
Texas civil rights attorney, Lee Merritt, announced his desire to be Texas’s new Attorney General in a video uploaded to Twitter over the weekend. “Texas deserves an attorney general that will fight for the constitutional rights of all citizens,” Merritt tweeted. The attorney, who has represented families of Black people …
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