Tag Archives: Trump tax cuts

Jimmy Williams The Republican-led House is gearing up for a vote this week on a $78 billion bipartisan bill that would expand the child tax credit and introduce a series of tax breaks for businesses. Having received approval from the Ways and Means Committee with a resounding 40-3 vote, the …

Jake Johnson, Common Dreams A bipartisan pair of congressional negotiators announced a compromise deal Tuesday that would modestly expand the child tax credit for three years—potentially benefiting millions of kids in low-income families—in exchange for reviving Trump-era corporate tax cuts favored by Republican lawmakers. The $80 billion tax framework unveiled …