By Christopher Rugaber {EXCERPT) Wendy Chun-Hoon, president and executive director at the Center for Law and Social Policy, said that the expiration of the Biden administration’s child tax credit, as well as subsidies for child care and other aid, have made it harder to cut…
By Ashley Burnside On July 4, President Trump signed his reconciliation law that will make changes to the Child Tax Credit (CTC). The reconciliation law provides tax breaks for the wealthiest people by slashing Medicaid and food assistance funding, and will make changes to how…
This year, the IRS is under threat, and the agency will have less bandwidth and fewer resources to process tax returns and provide support to the taxpayers who need it. Lawmakers should invest in the IRS, not deplete it.
By Ashley Burnside and Jesse Fairbanks, In 2025, several provisions in the Tax Cuts and Jobs Act (TCJA) of 2017 are scheduled to expire. This provides an opportunity for lawmakers to reform our tax code so that it serves families with low incomes instead of…
Today’s release of the U.S. Census Bureau’s report on poverty and income shows that a strong economy matters for workers and families – yet far more is needed to reduce poverty.
While we don't expect major changes in child poverty when the 2023 data are released, a potential 2025 tax package provides an opportunity for improvement.
The Center for Law and Social Policy (CLASP) is disappointed by the failure of today’s vote in the U.S. Senate to advance the Tax Relief for American Families and Workers Act of 2024.