Mike Bloomberg unveils a plan to raise the earned income and child tax credits

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Democratic presidential candidate Mike Bloomberg on Monday released a new proposal that would give a boost to lower-income workers by increasing tax credits for earned income and child care.

"Mike will reform the EITC to make it much more generous, especially for single childless workers," his plan says.

"Mike will reform the EITC to make it much more generous, especially for single childless workers," his plan says. "The credit will be paid monthly not annually. And taxpayers will be helped to apply for the benefits they're entitled to." "Mike will increase the Child Tax Credit, make it fully refundable, and phase it in faster, starting with the first dollar of earnings," the proposal says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How much can democrats give away?

Speaking of Bloomberg.

Nobody cares !

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Secretary Mike Pompeo says he warned Russia's foreign minister that election meddling is 'unacceptable'Sec. of State Mike Pompeo says he warned Russian Foreign Minister Sergei Lavrov about any further Russian interference in U.S. politics, even as Lavrov again claimed Russia did not interfere. Meh. That will teach them
Source: ABC - 🏆 471. / 51 Read more »

Linda Ronstadt Put Mike Pompeo In His Place During State DinnerRonstadt responded to Mike Pompeo asking when he would be loved in the best possible way. Democrats still acting like babies that their candidate didnt win the election 😂😂🤡🤡. Good lord I never knew grown adults acted this way. Hardly....she only was questioning why anyone would support a liar in chief. You know the one this weekend who thought it was wrong that women had babies at 9 months gestation. 🙄. Spare me your contriteness.
Source: ScaryMommy - 🏆 116. / 63 Read more »

Exclusive: Vice President Mike Pence's daughter Charlotte shares details of her upcoming weddingCharlotte Pence will be the first vice presidential offspring in 22 years to celebrate a wedding at the vice presidential residence. Unless it’s to a female I do not care
Source: YahooNews - 🏆 380. / 59 Read more »

Mike Espy says he’s better prepared for 2020 campaign“We can’t win with black votes alone. And I shouldn’t,” Espy said. “We have to create a coalition of black voters and white voters all over Mississippi who believe in vision of a more modern Mississippi.” - NBCBLK NBCBLK He must not know what superdelegates are, maybe he should ask Bernie. NBCBLK NBCBLK That’s right, Together we stand, divided we fall!
Source: NBCNews - 🏆 10. / 86 Read more »

‘Give Me Liberty’, ‘Parasite’ Win Macao Fest Prizes; Mike Downey Elected EFA Chairman – Global BriefsThe 2019 International Film Festival & Awards Macao (IFFAM) closed yesterday (December 4) with an awards ceremony that saw Kirill Mikhanovsky’s English/Russian-language comedy Give Me Liberty n…
Source: DEADLINE - 🏆 109. / 63 Read more »

New European Film Academy Chairman Mike Downey to Reach Out to Other Film Academies (EXCLUSIVE)Irish producer Mike Downey, who was recently elected as chairman of the board of the European Film Academy, has told Variety that he’d like to work more closely with other film academies, including…
Source: Variety - 🏆 108. / 63 Read more »