A House committee has advanced a bill to cut or even eliminate state income taxes for many working New Mexicans — but also added a tax hike for oil producers, stirring opposition from Republicans and ...

Democrats are proposing eliminating all personal income taxes for working-class households making $70,000 or less a year, a cost that would be offset by a new oil surtax. The earned income tax credit ...

The Credit for Caring Act, if passed, would provide up to a $5,000 federal tax credit for eligible working family caregivers.

A Michigan senator proposed a new, several-thousand-dollar tax credit for working families with children Wednesday. Kelley ...

New York families with children may soon see a significant financial boost as the Working Families Tax Credit (WFTC) advances ...

In Pennsylvania, 28% of households are at this awkward income threshold described as ALICE— Asset Limited, Income Constrained ...

LANSING — Low- and moderate-wage workers could claim a $5,500 tax credit for each child under age 4 under a plan unveiled ...

If either of the proposed child tax credit bill makes it out of committee and becomes law, advocates said the investment will ...

The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...

Gov. Whitmer seeks to close enrollment gap in her free pre-K program while Senate Democrats unveiled other plans to provide relief for young families.

The New York State Senate has passed its One-House Budget Resolution. Local state senators see both wins in the resolution, ...

State lawmakers are working to refine the Parent Choice Tax Credit program, passed in 2023, after concerns arose that the ...