child tax credit

New parents could get $6,000 for the first year of their child’s life and a restored child tax credit under Kamala Harris’ economic plan

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New parents could get $6,000 for the first year of their child's life and a restored child tax credit under Kamala Harris' economic plan

Economy New parents could get $6,000 for the first year of their child’s life and a restored child tax credit under Kamala Harris’ economic plan Ayelet Sheffey and Juliana Kaplan 2024-08-16T14:33:04Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send … Read more

Opinion Is Kamalanomics a winning strategy?

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You’re reading the Prompt 2024 newsletter. Sign up to get it in your inbox. Vice President Kamala Harris is out with her economic plan “to bring down costs for American families.” There’s already a lot of buzz about her proposals to go after corporate “price gouging,” cut taxes for families with kids and offer $25,000 … Read more

Harris vows to build ‘opportunity economy’ and attacks Trump on tax

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Harris vows to build ‘opportunity economy’ and attacks Trump on tax

Vice-president and Democratic presidential candidate Kamala Harris unveiled her economic campaign proposal in North Carolina to build what she called an “opportunity economy” focused on the middle class.She said in Raleigh: “Your salary should be enough to provide you and your family with a good quality of life … such as, no child should have … Read more

A Walzonomics Primer

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A Walzonomics Primer

Here’s how business executives and donors are evaluating Gov. Tim Walz of Minnesota, especially on taxes, labor unions, energy policy and more. Gov. Tim Walz of Minnesota has supported a progressive tax policy in his home state, and has won the support of prominent union officials.Erin Schaff/The New York Times Where Harris’s running mate stands … Read more

Gov. Tim Walz Raised Taxes as Most Governors Cut Them

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Gov. Tim Walz Raised Taxes as Most Governors Cut Them

Tim Walz Tax Policies: Details & Analysis Skip to content Home • Blog • Gov. Tim Walz Raised Taxes as Most Governors Cut Them Most states have cut taxes at least once since 2021, with a renewed emphasis on taxA tax is a mandatory payment or charge collected by local, state, and national governments from … Read more

VP Pick Tim Walz Enacted Progressive Tax Reforms in Minnesota

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VP Pick Tim Walz Enacted Progressive Tax Reforms in Minnesota

Minnesota Gov. Tim Walz isn’t generally regarded as a tax policy guy, but tax analysts and lawmakers say Vice President Kamala Harris’s new running mate has supervised the most dramatic shift toward progressive tax policy of any state in the country.While more than two dozen governors slashed individual and corporate taxes during the post-Covid period, … Read more

‘Walz checks,’ free school lunches, and ditching fossil fuels: What Tim Walz’s record in Minnesota says about his economic goals

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'Walz checks,' free school lunches, and ditching fossil fuels: What Tim Walz's record in Minnesota says about his economic goals

Politics ‘Walz checks,’ free school lunches, and ditching fossil fuels: What Tim Walz’s record in Minnesota says about his economic goals Noah Sheidlower 2024-08-06T16:06:24Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized … Read more

Senate Tax Impasse Makes 2025 More Consequential

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Senate Tax Impasse Makes 2025 More Consequential

Senate Republicans block vote on child tax credit expansion and business tax deductions. As expected, Senate Republicans blocked legislation Thursday that would have cut taxes for working families and extended some corporate tax breaks. The vote was 48-44, falling well short of the 60 votes needed for cloture. The House had overwhelmingly approved the $79 billion bill in … Read more

Democrats Dare GOP to Vote Against Child, Business Tax Breaks

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Democrats Dare GOP to Vote Against Child, Business Tax Breaks

Democrats in the Senate are daring their GOP colleagues to vote against a $78 billion tax package that would expand the child tax credit and boost tax breaks for companies with large capital and domestic research expenditures. A procedural vote on the stalled bill, which passed the House in an overwhelmingly bipartisan vote in January … Read more

Senate rejects legislation that would expand child tax credit and restore business tax breaks

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Senate rejects legislation that would expand child tax credit and restore business tax breaks

WASHINGTON — A bill to expand the child tax credit and restore some tax breaks for businesses failed to advance in the Senate on Thursday as Republicans largely opposed the measure, arguing they would be in position to get a better deal next year.Majority Leader Chuck Schumer, D-N.Y., dared Republicans to vote against the tax … Read more