
2026-03-18 1491词 困难
Senators Cory Booker and Chris Van Hollen recently unveiled bills that would exempt most middle-class households from paying any federal income taxes. Booker’s plan would more than double the standard deduction, to $75,000 per couple, and increase the child tax credit to be even more generous than it was under Biden’s COVID-era expansion. Van Hollen’s would essentially create a parallel income-tax system under which a couple’s first $92,000 of income is exempt. His bill in particular appears to have broad support within the party, rolling out with 18 Senate co-sponsors and a slew of endorsements from major labor unions and activist groups.
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