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Minnesota Budget Bites

Federal Taxes

01/25/24
  • Poverty
  • Federal Taxes

Proposed federal Child Tax Credit expansion would boost the incomes of millions of families

Girl swinging family spring sm
Congress is considering passing an important expansion of the federal Child Tax Credit that would benefit about 16 million children in low-income families across the US. But it's not a sure thing yet. We've included a link in the blog to email your representatives today, urging them to pass an expanded CTC and reduce poverty among the nation's children.
01/25/23
  • Minnesota Taxes
  • Federal Issues
  • Federal Taxes
  • Minnesota Taxes and Tax Plans
  • Minnesota Tax Credits
  • Poverty
  • Racial Equity

Child poverty declines sharply thanks to federal Child Tax Credit expansion

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Thanks in part to improvements policymakers made to the federal Child Tax Credit (CTC), recent U.S. Census data show that from 2019 to 2021, child poverty fell a remarkable 59 percent. Minnesota policymakers should build on that success and create a state Child Tax Credit.
10/25/22
  • Health Care
  • Federal Budget
  • Federal Issues
  • Federal Taxes

Inflation Reduction Act advances economic relief, tax equity, and climate response

The federal Inflation Reduction Act includes provisions so that seniors, workers, and families can meet their health care and basic needs, takes important steps to address the climate crisis, and raises revenues from those with the greatest resources to invest in critical public services.
10/06/21
  • Income and Work
  • Federal Taxes
  • Federal Issues
  • Federal Budget

Federal tax reforms are an essential piece of building a better future

Federal policymakers are in the midst of an essential and high stakes debate about the future of our country. More than...