Sentences with phrase «expanded child tax credit»

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.
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.
Are middle - class cuts from the budget framework (like doubling the standard deduction and expanded child tax credits) included?
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.
«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.
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.
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.
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.
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.
We believe an education tax credit that would inspire charitable giving to state non-profits who provide scholarships to eligible children is the best way to immediately expand opportunity for children in need of more and better educational options.
The Patriot - News reported that [Corbett] «aims to see Pennsylvania join the growing list of states that offer taxpayer - funded vouchers to parents to send their children to a school of their choice... The governor also wants to expand the state's tax credits program that provides for business - funded private school scholarships.»
And it means helping low - income families too, reinstating the state Earned Income Tax Credit for low - wage workers, expanding Medicaid, and reversing the decision to kick thousands of children off the child care subsidy program that allows parents to work or go back to school.
From centrist Democrats who think that choice should only be limited to the expansion of public charter schools (and their senseless opposition to school vouchers, which, provide money to parochial and private schools, which, like charters, are privately - operated), to the libertarian Cato Institute's pursuit of ideological purity through its bashing of charters and vouchers in favor of the voucher - like tax credit plans (which explains the irrelevance of the think tank's education team on education matters outside of higher ed), reformers sometimes seem more - focused on their own preferred version of choice instead of on the more - important goal of expanding opportunities for families to provide our children with high - quality teaching and comprehensive college - preparatory curricula.
AFC also believes that Congress and the Administration should pursue additional and bold policies to fulfill the President's promise to expand school choice, including: a K - 12 tax credit to leverage private money in support of scholarships for lower income families; vouchers for children of active duty military members so they can attend schools of their parents» choice; Education Savings Accounts for children in Bureau of Indian Education schools; and more funding for the D.C. Opportunity Scholarship Program.
While advocates push for increasing the child care tax credit, expanding Early Head Start, and providing family - friendly policies that could move the needle on both access and quality, some educators are pulling together brick - and - mortar solutions.
The only aim for those of us fighting to expand school choice and supporting a federal education tax credit is to give a lot more children access to the school of their parents» choice.
Thursday's news that neither Trump nor Congressional Republicans will expand school choice through the creation of education tax credits (even after heavy lobbying from the DeVos - backed American Federation for Children) is one more sign that they have no influence inside the Beltway.
Expanding the Universal Child Care Benefit as of Jan. 1, 2015 (increasing it to $ 160 a month for each child under six years of age and creating a new benefit of $ 60 a month for children aged 6 to 17) to replace the Child Tax CChild Care Benefit as of Jan. 1, 2015 (increasing it to $ 160 a month for each child under six years of age and creating a new benefit of $ 60 a month for children aged 6 to 17) to replace the Child Tax Cchild under six years of age and creating a new benefit of $ 60 a month for children aged 6 to 17) to replace the Child Tax CChild Tax Credit
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