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February 14, 2024
What is the Child Tax Credit Proposal? There is an ongoing bipartisan effort in Congress to pass legislation that would provide financial support for families with young children. The bill would allow parents and guardians to receive a larger tax credit of up to $2,000 with the entire credit being refundable. This would provide some […]
May 10, 2021
President Joe Biden is currently campaigning to promote his administration’s infrastructure plan. The plan is intended to address three main areas of concern: crumbling or inadequate infrastructure, job creation and economic growth, and environmental issues. In this post, we will focus on the infrastructure goals of the plan. What is Infrastructure? Infrastructure refers to the […]
March 04, 2021
During her 2020 presidential bid, Senator Elizabeth Warren, D-Mass., put forward a tax on the wealthiest Americans—a so-called ultra-millionaire tax—as one of her central proposals.1 And on March 1, 2021, Warren introduced the Ultra-Millionaire Tax Act, which would “create an annual tax of 2 percent on the net worth of households and trusts between $50 […]
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