The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.

It targets several clean energy tax credits implemented under the Democratic reconciliation bill passed under President Joe ...

House Republicans on Monday outlined their plans for a far-reaching tax bill that would deliver on several of President Trump ...

While it's unclear whether this version of the law would include a maximum deduction, another piece of legislation introduced earlier this year — the No Tax on Tips Act — capped the break at ...

You almost have to feel sorry for Joe Biden. One minute he ... bill that will extend those tax changes, and perhaps add further sweeteners, like no taxes on tips, for working-class Americans.

The child tax credit is currently $2,000 but will drop back to $1,000 ... "We have no alternative, WE MUST WIN!" It would also temporarily create a tax deduction for tips and overtime through ...