The Center on Budget and Policy Priorities (CBPP) predicts a 0.6% decrease in post-tax income for this group by 2034.

Some hiccups could be ahead as we learn more about restrictions involving a new tax break based on Trump's campaign promise of "no tax on tips." ...

This tax break would apply to those who "traditionally and customarily received tips on or before December 31, 2023," per the bill, which includes "waiters, bartenders and delivery drivers" as ...

Connecticut Gov. Ned Lamont and state lawmakers reached a deal on the state’s $55 billion two-year budget by agreeing to scrap a child tax credit for the middle class.

Connecticut is the only state with a broad-based personal income tax that doesn’t account for the cost of raising children. Many Democratic lawmakers here largely have endorsed offering a $600 ...

The next state budget will include a new, $200 state income tax break for Connecticut’s working poor with children or other dependents. But a larger, child tax credit for middle-class families ...

Much like the Earned Income Tax Credit, it is one of the nation’s most effective anti-poverty policies. But helping the poor the most isn’t what Congress seems to currently have in mind.