tax proposal

Child tax credit expansion, business incentives combined in new congressional tax plan

BY: - January 16, 2024

WASHINGTON — Leading members of Congress released a bipartisan, bicameral tax proposal Tuesday, promising a middle-path deal to help low-income families and provide incentives for businesses as Trump-era tax breaks expire. The framework led by top tax policy leaders U.S. Democratic Sen. Ron Wyden of Oregon and Republican Rep. Jason Smith of Missouri would raise […]