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A historic 2025 tax debate is formally underway. A lot of the early focus is on an issue well known to pretty much every taxpayer: the child tax credit.
The child tax credit under the Tax Cuts and Jobs Act of 2017. Top plateau would be higher for more children. Under the Tax Cuts and Jobs Act of 2017 (TCJA), for the years 2018–2025 (excluding 2021, see below section Temporary Expansion in 2021) the CTC allows taxpayers to reduce their federal tax liabilities by $2,000 per qualifying child (see Eligibility).
With President Donald Trump returning to the White House for a second term, Americans can expect to see major tax-law changes in the years ahead. During his first stint in office, Trump massively ...
A video posted to TikTok claims to show a November 2024 Trump rally held in Virginia. Verdict: False The video shows a crowd at a Texas concert, not a Trump rally. Fact Check: On Nov. 2, Virginia ...
Donald Trump, the 47th president of the United States, will address a joint session of the United States Congress on Tuesday, March 4, 2025. [1] It will be his fifth public address before a joint session.
Harris wants to scale up tax credits for families and first-time homebuyers, while Trump wants to create new tax breaks. Trump’s Tax Cuts and Jobs Act expanded the child tax credit (CTC) for ...
“The American people deserve a President who will actually cut costs for them, like Vice President Harris’ plan to bring back a $3,600 Child Tax Credit for working families and an expanded ...
January 19, 2025 at 3:12 PM Donald Trump is holding a victory rally Sunday at Capital One Arena in Washington, DC, with Kid Rock and the Village People performing .