Site Search
Google Search
Breaking News: At Least 16 Dead in Greece Flash Floods     - | -     Rapper Lil Peep dies at 21     - | -     Trump Administration Wants To allow Elephant Hunting Trophies In The U.S.     - | -     Surprising Rules About Your Passport You Should Know     - | -     Liberals Want Franken To Resign     - | -     Harvey Weinstein Picks Up Another Accuser     - | -     Sean Hannity Changes Tune and Asks Roy Moore to Drop Out of Race
Senate Tax Bill Could Give Millionaires A Child Tax Credit
Get National News Alerts

14 Nov 2017 04:17 AM EST

Republicans claim tax reform will benefit middle-class families. However, one of the key tax breaks in their proposal, is an increase in the child tax credit, and that will mainly benefit the rich. Under the Senate’s tax bill, couples earning as much as one million dollars would be newly eligible for the proposed child tax credit. Low-income families would see little to no benefit from the increase, because of the way Republican lawmakers structured the credit.

Post Your Comment
Excellent Very Good Good Fair Poor



Recently Posted Comments
FREE
AllMediaNY AllMediaNY AllMedaiNY