Missouri lawmakers on Thursday passed a bill to expand private school scholarships statewide, an effort made possible by extensive compromises including a commitment to spend hundreds of millions of dollars more on public schools. The GOP-led House voted with a bare-minimum margin of 82-69 to send the measure to Republican Gov. Mike Parson. If signed, it would offer up to $6,375 per child for expenses including tuition, textbooks, tutoring, transportation, extracurriculars and summer school. The...
(The Center Square) – In the stack of more than 80 bills the Missouri House of Representatives voted to send to the Senate is an effort to phase out the corporate income tax and end tax credits. If the Senate passes House Bill 2274 as it currently is written, the corporate tax rate would decrease from 4% to 3% on Jan. 1, 2025, drop to 2% in 2026, 1% in 2027, and no corporate tax would be imposed in 2028 and thereafter. The bill was first read in the Senate in late March and no...
By the end of Monday, tens of millions of American families will have claimed their child tax credit on their 2023 tax returns. But for many families, that credit will be hundreds, or even thousands, of dollars smaller than it could have been. And all the blame for those smaller credits belong to Senate Republicans. In 2021, the American Rescue Plan temporarily increased the tax credit from $2,000, where it was set under the 2017 tax cuts, to $3,000 (or $3,600 for children under 6). It also made...
If you're still waiting on your child tax credit refund to arrive, we'll
Tax Day is in two days, which means you're running out of time to claim your child tax credit money. Here's how the credit works this year.
(The Center Square) – A proposed bill that would increase the hourly minimum wage in unincorporated King County to $20.29 was given a do-pass recommendation on Tuesday by the King County Transportation, Economy and Environment Committee. Employers with 15 or fewer employees and an annual gross revenue of less than $2 million would have an hourly minimum wage rate of $3 less ($17.29). The reduction would decrease annually by 50 cents until no reduction remains. ...
The American Rescue Plan, a landmark legislation, has not only increased the Child Tax Credit but has also broadened its reach, aiming to provide substantial assistance to families caring for children. This expansion, hailed for its potential to significantly alleviate child poverty, has seen several revisions, including increased credit amounts, full refundability, and an expanded scope, particularly catering to families previously excluded from its...
Mammoth sums needed to deliver EU's green transition put prosperity at
House plan would cover upwards of 200,000 people, and accept federal funds to cover costs. Senate plan would cover around 40,000 and turn down the federal money.
Scotland Yard chief Mark Rowley will be hauled before the Home Secretary over footage of a police officer threatening to arrest an 'openly Jewish' man near a pro-Palestinian rally.
The Labour deputy leader is being investigated over claims she wrongly declared on the electoral roll she was living at a council house she bought under right to buy in Stockport.
With just a few days before Labor Day, hundreds of workers from trade unions yesterday gathered to form stronger ties and demand a legislated wage increase.