ICYMI: Senator Hassan Introduces Bill to Provide $1,000 Tax Break to Hard-Working Families
WASHINGTON – This week, Senator Maggie Hassan introduced the Middle Class Tax Break Act, legislation that would create a $1,000 Working America Tax Credit for middle class families who have earned income up to $200,000. The bill would also provide a $500 tax credit for individual filers who have earned income up to $100,000.
See below for highlights of the coverage:
WMUR: Hassan introduces Middle Class Tax Break Act
Sen. Maggie Hassan has introduced legislation to create a $1,000 tax credit for families with earnings of up to $200,000.
The Middle Class Tax Break Act would also provide a $500 tax credit for individuals with earnings of up to $100,000.
“As corporate profits continue to rise, too many middle class families in New Hampshire and across America are being left behind,” Hassan said in a statement. “Giving middle class families a $1,000 yearly tax cut will make it a bit easier for hard-working families to get ahead and stay ahead, helping to drive economic growth.
“Any federal tax changes must put working families, not corporate special interests, first.”
Hassan has cosponsored bills to expand the Earned Income Tax Credit and Child Tax Credit. She has also cosponsored a bill to allow student loan debt to be refinanced and to ensure that families with incomes of less than 150 percent of their state’s median income do not pay more than 7 percent of their incomes on child care.
AP: Hassan Introduces $1,000 Tax Credit Bill
Middle-class families would get a $1,000 tax credit under a bill being introduced by U.S. Sen. Maggie Hassan.
Hassan, a Democrat, says her Middle Class Tax Break Act would apply to families who have earned income up to $200,000. It would also provide a $500 tax credit for individuals with earned income up to $100,000.
Hassan says giving a tax cut to middle class families will help drive economic growth. She also has co-sponsored legislation to expand the earned income tax credit and child tax credit, and a measure to help people refinance student loan debt.
Senator Maggie Hassan is pushing for a middle class tax break. The New Hampshire Democrat wants families to get a $1,000 dollar tax credit.
Hassan says her bill applies to families who earn up to $200,000 dollars. It would also provide a $500 tax credit for individuals with earnings up to $100,000.
Hassan says giving a tax cut to middle class families will help drive economic growth.
She also wants to expand the Earned Income Tax Credit and the Child Tax Credit and help people refinance student loan debt.
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