Trump, tax bill
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The plan, which is still pending in the House, would eliminate many tax incentives for clean energy programs after this year.
“Congress has to stop repeating history — we know that keeping wind and solar credits in this bill will drain taxpayers, offshore American jobs, and prevent American energy dominance,” said Rep.Josh Brecheen, R-Okla. “President Trump has been clear: it’s time to end the Green New Scam.”
The bill would boost the tax break to as much as $2,500 but end it for children of undocumented immigrants and married parents who file separate returns.
Tax credits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) are a major component of anti-poverty efforts in the US, offering families a cash infusion after they file their taxes. But not everyone in the US files taxes — many because they don’t meet the legal income filing threshold.
Former Missouri Rep. Billy Long faced withering questions from Senate Finance Committee Democrats over his post-congressional business activities during a hearing on his nomination to be IRS commissioner on Tuesday.