WASHINGTON – The Biden-Harris administration today announced a final rule
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...
President Joe Biden wants voters to believe his tax plans take from the rich to give to the poor, but in reality they rob us all to pay off the millionaires and billionaires who bankroll today’s Democratic Party. “Taxes,” Biden said in hardscrabble Scranton, Pennsylvania, on Tuesday, where he returned to pretend he isn’t a money-larded creature […]
In addition to destroying normal people’s ability to pay for oil, housing, and food, now Democrats have their sights set on medicine.
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.
President Joe Biden and his wife, Jill, on Monday released tax returns showing that their income rose 7% to $619,976 in 2023 and that the couple paid 23.7% of their income in federal taxes. Biden released the data on the day U.S. taxes for the prior year are due and as the Democrat seeks re-election in 2024. Donald Trump, his Republican opponent, broke with the tradition of presidents making their federal tax returns public, saying he was not able to do so while being audited by the Internal...
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...
Federal prosecutors in New York announced the criminal charges on Tax Day, as most Americans faced the April 15 deadline to file income tax returns.
West Virginia Sen. Joe Manchin (D) indicated Friday he was not fully closing the door on voting for President Biden this year, but said he has gone “too far left.” “I want Joe Biden to be the Joe Biden I've known forever, okay?” Manchin said in an interview with MSNBC’s Katy Tur. “Always working a
The deadline to file your personal federal tax return is Monday, April 15. If you live in Maine or Massachusetts, you get a couple of extra days. If you haven’t done this yet or are not required to file because of low income, the Free File tool from the IRS may be the solution you didn’t know you needed. Here are a few things to know: Am I eligible for the Free File tool? This free service is a result of a partnership between the IRS and multiple tax preparation software companies. To...
Behold the latest installment of media types fretting over the current course of the presidential election. In this instance, Politico Senior Political Columnist Jonathan Martin lamenting that the current trajectory of the election, a referendum on President Joe Biden, augurs the reelection of former President Donald Trump on this week’s installment of ABC This Week. Watch as J-Mart and host Jon Karl discuss the election’s current trajectory, as aired on ABC This Week on Sunday, April 21st,...
Behold the latest installment of media types fretting over the current course of the presidential election. In this instance, Politico Senior Political Columnist Jonathan Martin lamenting that the current trajectory of the election, a referendum on President Joe Biden, augurs the reelection of former President Donald Trump on this week’s installment of ABC This Week. Watch as J-Mart and host Jon Karl discuss the election’s current trajectory, as aired on ABC This Week on Sunday, April 21st,...