Exemptions and Deductions Exemptions and deductions indirectly reduce the amount of taxes a filer owes by reducing his or her “taxable income,” which is the ... Read more
The federal-state unemployment insurance (UI) system helps many people who have lost their jobs by temporarily replacing part of their wages. (See “ Introduction ... Read more
This week at CBPP, we focused on poverty and inequality, housing, state budgets and taxes, health, family income support, food assistance, federal taxes, and the ... Read more
The Trump Administration has finalized a rule to expand health reimbursement arrangements (HRAs) that it predicts will shift, by 2029, 7 million people ... Read more
Under a Progressive Tax System, Marginal Rates Rise With Income The federal income tax system is progressive, meaning that it imposes a higher average tax ... Read more
Who Is Eligible, and for How Much? When filing taxes for 2019 (due in April 2020), working families with children that have annual incomes below ... Read more
Delaware policymakers have another chance this year to enable thousands more working households to get the full value of the state’s Earned Income Tax Credit ... Read more
A House Agriculture subcommittee will hear testimony today about a Trump Administration plan to roll back an important state option (“categorical eligibility”) that lets states ... Read more
In fiscal year 2018, the federal government spent $4.1 trillion on the services it provides, such as national defense, health care programs like Medicare and ... Read more
