An important new book from Professor Dorothy Brown at Emory University offers a timely look at the federal tax code through the lens of racial equity. The Whiteness of Wealth:…
Some 280 million people will be eligible for the third round of stimulus checks, according to the Institute on Taxation and Economic Policy, and unlike previous direct payments, all dependents —…
The Institute on Taxation and Economic Policy has just estimated that the bottom 60% of Americans by income would receive an increase in their incomes of 11% on average, and…
These tax changes, along with another round of cash payments, will boost incomes of the bottom 20 percent of Americans by 33 percent, according to Steve Wamhoff, a tax expert…
According to Institute on Taxation and Economic Policy, the changes would benefit around 83 million children and significantly reduce child poverty in the U.S. Read more
Some 17 million fewer Americans will get stimulus checks this time because of the new income thresholds, according to an estimate from the Institute on Taxation and Economic Policy. Read…
As with previous rounds, Americans who earn more than the threshold line will still receive a partial check. But the money will phase out faster than previous rounds, cutting off…
Over 85 percent of American households would get stimulus payments of $1,400 per person, according to the White House. Preliminary estimates from the Institute on Taxation and Economic Policy (ITEP), a…
About 17 million fewer people will receive direct payments as a result of the rule change, according to the Institute on Taxation and Economic Policy. Read more
The bill also would expand other child-related credits so families could claim up to half their child-care expenses on their taxes. For the bottom 20% of families in terms of income, the…
The decision means that an estimated 17 million Americans who received a check under former President Donald Trump won’t get one under Biden, according to a study from the nonpartisan Institute on…
The full $1,400 checks will only go to those making $75,000 or less (or $150,000 for joint filers) and be cut off for individuals who make more than $80,000 (or…
The proposal to lower caps on the stimulus checks would cut an estimated 17 million people from eligibility, according to the Institute on Taxation and Economic Policy. Their analysis found 297…
Under the narrower eligibility rules, individuals earning under $75,000 (and couples earning under $150,000) are set to receive the full check, but those making $80,000 and up (and $160,000 or…
The left-leaning Institute on Taxation and Economic Policy has analyzed how many people would get help under the Senate caps, and found that 86% of adults and 85% of children…
The previous House version would have covered 91% of adults — 212.1 million Americans — and 90% of children — another 84.7 million people, said Steve Wamhoff, director of federal…
The Institute on Taxation and Economic Policy, a progressive research group, estimates 2.37 million fewer Californians would receive money under the Senate bill than with the House bill. Nationally, an…
ll told, this means 11.8 million adults may no longer be eligible for a stimulus payment, according to the Institute on Taxation and Economic Policy. On top of that, 4.6…
Around 12 million fewer adults and 5 million fewer children would get the stimulus payments under the new Biden-Senate compromise, according to estimates from the Institute on Taxation and Economic…
The Institute on Taxation and Economic Policy said the Senate proposal would provide payments to 4.8 million New Jerseyans. The bill includes $1,400 payments to those making up to $75,000,…
If adopted, the change in income limits would mean that about 12 million adults and five million children who received stimulus payments under the last round of aid signed in…
Around 12 million fewer adults and 5 million fewer children would get the stimulus payments under the new Biden-Senate compromise, according to preliminary estimates from the Institute on Taxation and…
About 11.8 million fewer adults and 4.6 million fewer kids would get the stimulus payments under the new Biden-Senate compromise, according to preliminary estimates from the Institute on Taxation and…
However, under the new terms set by Senate Democrats, individuals earning $80,000, heads of households making $120,000 and married couples with $160,000 in income would no longer receive the relief…
That means some people who received the last round of $600 relief checks approved in December wouldn’t get anything this time. The liberal Institute on Taxation and Economic Policy estimated…
