What credit card users need to know if the Fed cuts rates in September – Yahoo Finance
Finally, the Federal Reserve appears poised to cut interest rates in September. A sigh of relief can be heard from credit card users across the country who are struggling with mounting debt balances. At 5.25% to 5.50%, the highest rate in more than 20 years, the cost of credit card debt continues to rise. Check […]
Harmful Credit Legislation Targets Main Street
The following content is Electronic Payments Union. Whenever you stroll down the main street of any beautiful, charming small town, the bustling family-owned storefronts remind you of just how important small businesses are to the U.S. economy. Unfortunately, Senators Dick Durbin (D-IL) and Roger Marshall (R-Kansas) are seriously disrupting the economic future of our small […]
Kamala Harris Opposed 2017 Trump Tax Cuts, Which Doubled Child Tax Credit
Vice President Kamala Harris, who voted against the Trump Tax Cuts and Jobs Act that doubled the child tax credit when she was a senator in 2017, now wants to significantly increase the credit. In 2017, Harris voted in lockstep with Senate Democrats, be against The Tax Cuts and Jobs Act doubled the child tax […]
The Solar Investment Tax Credit is safe from repeal even if Republicans win in 2024
this month, 18 House Republicans submit letter They urged House Speaker Mike Johnson (R-Louisiana) not to repeal the Inflation Control Act’s clean energy tax credit if Republicans maintain or expand their House majority in this year’s elections, stressing that “the energy tax credit has spurred innovation, encouraged investment and created good jobs in many of […]
CNBC Pans JD Vance’s $5k Child Tax Credit; Neutral on Kamala’s $6k Credit
CNBC ran two articles looking at competing proposals to expand the federal child tax credit, calling Republican J.D. Vance’s $5,000 proposal “challenging” while not criticizing Democrat Kamala Harris’ $6,000 plan. There’s one more thing. It’s four days apart. If you squint your eyes you can see the difference in coverage. https://t.co/9WoXbhzQKc pic.twitter.com/Z2ikvwTYtd — Tim Murtaugh […]
Harris’ Homebuyer Tax Credit Will Drive Up Prices
On Friday’s CNN International broadcast of “First Move,” CNN economic and political commentator The Washington Post Columnist and PBS NewsHour special correspondent Katherine Rampell said a tax credit for first-time homebuyers proposed by Vice President and 2024 Democratic presidential candidate Kamala Harris “would likely be passed on in higher prices” because of limited supply. “Unfortunately, […]
Copycat Kamala Harris Announces Same Child Tax Credit Policy as Trump Ticket
Vice President Kamala Harris supports the child tax credit, her campaign announced Friday, the same policy advocated for by the Trump-Vance campaign. This is not the first time Harris has copied one of Trump’s populist policies – she also copied his no-tax-on-tips policy, which is popular among service industry workers. “Kamala Harris copied President Trump […]
How a ‘game-changer’ child tax credit for families became a priority for Harris, Vance – Los Angeles Times
The child tax credit has quickly emerged as a key family-friendly issue and a potential bipartisan agreement point pushed by both Vice President Kamala Harris and Republican vice presidential nominee J.D. Vance in this year’s presidential election. Speaking in North Carolina on Friday, Harris said: Suggest restoration It would provide up to $3,600 in a […]
Harris calls for expanded child tax credit of up to $6,000 for families with newborns – CNBC
US Vice President Kamala Harris speaks at an event with US President Joe Biden (not pictured) in Prince George’s County, Maryland, USA, on August 15, 2024. Elisabeth Franz | Reuters Vice President Kamala Harris unveiled an economic plan Friday that includes an expanded child tax credit that would provide a total tax cut of up […]
Rep. Elissa Slotkin Receives Farm Tax Credit on Property Where No Farming Takes Place
Rep. Elissa Slotkin (D-Mich.) receives an agricultural tax exemption for land she claims as her home, even though no agricultural activity takes place there. The Democratic congresswoman and Michigan Senate candidate saves about $2,700 a year through the arrangement. New York Post Reported. Although the land is designated as “agricultural improvement land,” public records requests […]