The Hill: Tlaib Rolls Out Bill to Create Tax Credit for Low- and Middle-Class People

The House Ways and Means Committee passed a Democratic bill last week to provide expansions of the earned income tax credit, the child tax credit and the child and dependent care tax credit for two years.

The left-leaning Institute on Taxation and Economic Policy estimated that Tlaib’s credit would provide most of its benefits to those in the bottom 60 percent of income, and would cost $380 billion in 2020. Read more