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  2. Tax Relief for American Families and Workers Act - Wikipedia

    en.wikipedia.org/wiki/Tax_Relief_for_American...

    The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.

  3. How Trump’s Tax Cuts Might Impact Medicaid and Food ... - AOL

    www.aol.com/finance/trump-tax-cuts-might-impact...

    Many of the provisions of the tax bill are set to expire in 2025, and second-time President-elect Trump spent a large part of his 2024 to retake the presidency by promising to extend the 2017 tax ...

  4. Tax Cuts and Jobs Act - Wikipedia

    en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

    The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.

  5. FairTax - Wikipedia

    en.wikipedia.org/wiki/FairTax

    Linder first introduced the Fair Tax Act on July 14, 1999, to the 106th United States Congress and a substantially similar bill has been reintroduced in each subsequent session of Congress. The bill attracted a total of 56 House and Senate cosponsors in the 108th Congress, [19] [20] 61 in the 109th, [21] [22] 76 in the 110th, [23] [24] 70 in ...

  6. Inflation Reduction Act - Wikipedia

    en.wikipedia.org/wiki/Inflation_Reduction_Act

    The Tax Policy Center estimated that the bottom 80% tax filers by income would receive a net benefit, if ACA premium tax credits (subsidies) are included. The 80th-99th percentile would incur a small cost (0-0.1% increase in average federal tax rate) while the top 1% would incur a 0.2% increase.

  7. Taxing and Spending Clause - Wikipedia

    en.wikipedia.org/wiki/Taxing_and_Spending_Clause

    With the power to tax implicitly comes the power to spend the revenues raised thereby in order to meet the objectives and goals of the government. To what extent this power ought to be utilized by the Congress has been the source of continued dispute and debate since the inception of the federal government, as will be explained below.

  8. There's still time to slash your 2024 tax bill with these last-minute moves As year-end approaches, there’s still time to slash your 2024 tax bill or boost your refund, financial advisors say. 1

  9. Live coverage: Senate sends bill to avert shutdown to Biden’s ...

    www.aol.com/live-coverage-shutdown-looms-johnson...

    The Senate has sent a stopgap government funding bill to President Biden’s desk, averting a shutdown. The bill passed the House earlier in the day, wrapping up a whirlwind week on Capitol Hill ...