Help kids, help companies and pay for it all by reducing tax fraud. That’s the terrific win-win-win deal lawmakers announced on Tuesday. For more than a year now, legislators have been hashing out a trade. Republicans wanted to renew a slew of corporate tax breaks that had recently expired; in exchange, Democrats demanded an expansion of a tax credit to slash child poverty. Kids deserved at least as much as corporations, Democrats argued.

Source: Washington Post January 17, 2024 13:21 UTC