After a few congressional tweaks, it’s worth it to explore the credits and deductions you could be missing.
On Tuesday, President Barack Obama announced his 2015 budget, and much attention was immediately given to his proposed expansion of the Earned Income Tax Credit (EITC). “At a time when our deficits are falling at the fastest rate in 60 years, we’ve got to decide if we’re going to keep squeezing the middle class or […]
For the sake of America’s poor, a sincere conservative effort to improve the programs that serve them is very desirable – especially so long as Republicans control the House of Representatives, where they habitually yearn to cut or defund those same programs. For months Washington has eagerly awaited the latest version of “compassionate conservatism,” promised […]
By Lisa Mascaro, Tribune Washington Bureau WASHINGTON — Congressional Republicans quickly erected a wall of opposition to President Barack Obama’s proposed 2015 budget, establishing election-year battle lines over which party can best handle the nation’s finances and address rising income inequality. It’s no surprise Republicans oppose Obama’s signature priorities in the budget — shoring up […]
WASHINGTON — There is a magnificent public policy that achieves many of the goals conservative politicians regularly extol. These include promoting work over dependency, reducing the cost of social welfare programs, fostering economic growth and strengthening families. The policy in question is raising the minimum wage. The only mystery is why so few conservative politicians […]
Listening to Republican politicians these days, as they talk (and talk and talk) about poverty and inequality, can be a poignant experience. They want us to know they’re worried about the diminishing economic prospects confronted by so many Americans. They hope we will admire their shiny new solutions. And they are so eager for us […]
Jan. 9 (Bloomberg) — The War on Poverty is now 50 years old. Has it failed? The answer varies, depending on whether we use the government’s official poverty measure or its much newer, and far more informative, one. The new measure demonstrates that government programs are doing a lot of good, especially for children. Nonetheless, […]