Sentences with phrase «expanded child tax»

BPC's Early Childhood Initiative led by Rep. George Miller and Sen. Rick Santorum release recommendations calling for an expanded child tax credit, focus on quality child care, and a new national policy on paid leave.

To be fair, the new lower tax brackets and expanded Child Tax Credit should help to somewhat offset the loss of the personal exemption, and there are obviously more variables involved in any particular tax situation than I've mentioned here.

However, what is gained by families from an expanded Child Tax Credit and an increased standard deduction is largely taken back by the elimination of the dependent exemption.

First daughter Ivanka Trump is staking her reputation in Washington on making sure her father's tax reform plan includes an expanded child tax credit — a version of a pet issue she championed during the campaign.

An expanded child tax credit might cause some heartburn over at the Wall Street Journal editorial page, but they aren't going anywhere over this kind of disagreement, and neither is the business community.

An expanded child tax credit could offset the payroll tax liability of parents and increase the size of their pay checks.

Families will also be able to benefit from a slightly expanded child tax credit.

Are middle - class cuts from the budget framework (like doubling the standard deduction and expanded child tax credits) included?

To be fair, the new lower tax brackets and expanded Child Tax Credit should help to somewhat offset the loss of the personal exemption, and there are obviously more variables involved in any particular tax situation than I've mentioned here.

WASHINGTON, Dec 15 - Republican negotiators in the U.S. Congress put the finishing touches on a sweeping tax overhaul and will release the details later on Friday, including plans for an expanded child tax credit aimed at winning the support of two wavering senators.

WASHINGTON, Dec 15 - TRepublican negotiators in the U.S. Congress put the finishing touches on a sweeping tax overhaul and will release the details later on Friday, including plans for an expanded child tax credit aimed at winning the support of two wavering senators.

On Thursday morning, Rubio responded to the House proposal, tweeting that the expanded child tax credit doesn't go far enough.

Over the past several months, Ivanka Trump, the president's eldest daughter and a top White House adviser, has been working largely behind the scenes to shepherd an expanded Child Tax Credit into the GOP's tax reform plan.

The plan introduces a new family tax credit that expands the child tax credit and adds a new credit for parents and non-child dependents.

The final bill lowers the corporate rate from 35 percent to 21 percent, gives pass - through businesses like the Trump Organization a 20 percent tax deduction, increases the standard deduction, expands the child tax credit, and temporarily lowers individual rates across the board.

One of the biggest changes came on Friday, when lawmakers agreed to a demand by Mr. Rubio to expand the child tax credit by allowing families who owe no federal income taxes to still claim up to $ 1,400 of the $ 2,000 child tax credit, up from $ 1,100 in the original version.

And former White House Faith - Based Office staffer Michael Wear suggested that the Obama administration helped by signing the Adoption Tax Credit in 2013, including maternal health supports in the Affordable Care Act, and expanding the child tax credit.

Mr. Bishop favors elimination of the Alternative Minimum Tax; and supports expanding the Child Tax Credit and raising the maximum income limit for the 10 percent tax bracket to increase the number of people eligible to pay the lowest percentage of their personal income in federal taxes.

Expanding the Child Tax Credit is firmly on the list of items that Congressional leadership aspires to include in tax legislation.

Not exact matches

In 2001, Republicans addressed the politics of taxes by making big cuts across the board: an expanded child credit for low and moderate earners, a new lower tax bracket at the bottom, plus cuts in regular and capital income - tax rates for those at the top.

Their plan seeks to radically cut corporate taxes (including totally exempting income earned overseas from taxation), to collapse individual tax rates to three (or maybe four — they're not sure yet) brackets, and radically expand the standard deduction and child tax credit for individuals.

The child tax credit will grow from $ 1,000 to $ 2,000; only the first 1,400 will be refundable, and access for poor families is not significantly expanded.

The Senate bill also eliminates the personal exemption many Americans take to lower their taxable income, but it does expand the tax credits for families with children and nearly doubles the «standard deduction» taken by tens of millions of taxpayers who don't itemize their returns.

The latest tax bill, enacted by Trump, greatly expanded the utility of 529 plans by expanding eligible withdrawals to include K - 12 ($ 10,000 per child, per year), in addition to post secondary education.

«Continues to and expands the deduction for charitable contributions... preserving the Adoption Tax Credit... preserving the Child and Dependent Care Tax Credit.»

Brown said he mentioned the proposals he first presented to Trump at a dinner last month: One would expand access to the Earned Income Tax Credit and the Child Tax Credit, while the other would give tax credits to companies that pay workers at least $ 15 an hour and offer health - care and retirement benefiTax Credit and the Child Tax Credit, while the other would give tax credits to companies that pay workers at least $ 15 an hour and offer health - care and retirement benefiTax Credit, while the other would give tax credits to companies that pay workers at least $ 15 an hour and offer health - care and retirement benefitax credits to companies that pay workers at least $ 15 an hour and offer health - care and retirement benefits.

Over at the Wall Street Journal, Kimberly Strassel compared an expanded child credit that could be applied to a parent's payroll tax liability to government subsidies to Solyndra.

This should include guaranteed child - support payments, tax breaks for custodial parents, and an expanded definition of marital property to include pensions, insurance, cost of education and reimbursement for economic sacrifices made by one or the other spouse during the marriage.

Two tax credits would be created, including one that would expand the child and dependent care as well as create a families child tax credit.

Katko said he is convinced taxpayers in his 24th Congressional District will still be better off under the GOP plan to double the standard deduction to $ 12,000 for individuals and $ 24,000 for families, and offer new and expanded child and family tax credits.

It keeps the status quo when it comes to taxes, adds $ 1 billion in new public education spending and includes expanded child care tax credits and a new $ 163 million initiative making state college tuition free for students from families earning $ 125,000 or less annually.

The proposal would keep the status quo when it comes to taxes, add $ 1 billion in new public education spending and include expanded child care tax credits and a new initiative making state college tuition free for students from families earning $ 125,000 or less annually.

Sens. Charles Schumer and Kirsten Gillibrand and Rep. Brian Higgins should join with the new president and their colleagues in Congress — including House Speaker Paul Ryan, who has also supported EITC expansion — to ensure that no working American is taxed into poverty by working to expand the EITC for low - wage workers not raising children in the home.

As he prepares to make his pre-K pitch in Albany, NYC Mayor Bill de Blasio released a report that says his plan to expand the program by taxing the rich would reach 53,000 students by September — more than 70 percent of the children who need it.

There is also sustained support for expanding the middle - class child care tax credit and providing free tuition to SUNY and CUNY institutions to families that earn less than $ 125,000.

Finally, the IDC would expand the Child and Dependent Care Tax Credit, as well as create a new Working Families Child Tax Credit.

A combination of expanded subsidies, enhanced tax credits, and a new Working Families Child Care Tax Credit make up the Independent Democratic Conference's new propostax credits, and a new Working Families Child Care Tax Credit make up the Independent Democratic Conference's new proposTax Credit make up the Independent Democratic Conference's new proposal.

To illustrate the need to expand this, and other subsidy and tax credit programs for safe, quality child care, the senators released, «New York 2020: Reducing Childcare Costs for Parents Statewide.»

More than 200,000 families earning between $ 60,000 and $ 150,000 will be eligible for an expanded child care tax credit.

Supporters claim that the tax credit would also expand learning opportunities for poor children.

The spending measure, which requires legislative approval, also includes $ 1.1 billion in new school spending; $ 2.5 billion for water quality and water and sewer upgrades; expanded child care tax credits; and new powers for Cuomo, a Democrat, to adjust state spending in the face of federal spending cuts.

State Sen. Jim Tedisco lauded the district and its administrators for spending the funding on hiring more teachers and expanding programs aimed at needy children and proposing a budget that cuts school taxes.

Expanded Child Care Tax Creidt: - Child care tax benefits would increase for those making at least $ 50,000 a year but less than $ 150,000 a year - Those earning between $ 60,000 a year and $ 150,000 a year will see their benefits more than double under this plan - Over 200,000 taxpayers affected MTax Creidt: - Child care tax benefits would increase for those making at least $ 50,000 a year but less than $ 150,000 a year - Those earning between $ 60,000 a year and $ 150,000 a year will see their benefits more than double under this plan - Over 200,000 taxpayers affected Mtax benefits would increase for those making at least $ 50,000 a year but less than $ 150,000 a year - Those earning between $ 60,000 a year and $ 150,000 a year will see their benefits more than double under this plan - Over 200,000 taxpayers affected More

ALBANY, N.Y. (AP)-- Free state college tuition for middle - class students, an expanded child care tax credit and $ 1 billion in new spending on public schools are among the highlights of a state budget proposal unveiled Tuesday by Democratic Gov. Andrew Cuomo.

The United Federation of Teachers will work to win state approval for a city tax increase to expand prekindergarten to tens of thousands more children in the city.

Beyond the payroll tax and charitable donation programs, Cuomo offered up ideas to reduce traffic congestion in New York City, expand availability of flu vaccines for children, impose restrictions on sex offenders, provide funding for an early voting program, ban synthetic marijuana sales and target physicians who engage in medical misconduct.

This year, Gov. Andrew Cuomo is proposing a $ 152 billion budget that increases school spending by $ 1 billion, an expanded child care tax credit and $ 2 billion over five years for water quality and drinking and waste water pipes.

He said he will seek to expand a child care tax credit for the middle class and create an aftercare program that will begin with 22,000 new slots.

«Reform conservatives» in particular are showing an openness to new ideas, such as an expanded Earned Income Tax Credit, child tax credits, and more comprehensive wage supporTax Credit, child tax credits, and more comprehensive wage supportax credits, and more comprehensive wage supports.

The new welfare - reform bill enacted by the Congress is intended to expand training, employment, and child - care assistance for low - income women, but it may reduce child - care tax benefits for some moderate - income working parents.