Chye-Ching Huang
Executive Director @taxlawcenter.org
Tax, law, policy, budget, economy. US & NZ.
Former Senior Director for Economic Policy @centeronbudget.bsky.social.
- Ways & Means bill "would impose onerous burdens on taxpayers claiming the Earned Income Tax Credit for tens of millions of eligible children and, in doing so, discourage many of them from claiming credits for which they are eligible." New @taxlawcenter.org: taxlawcenter.org/blog/ways-an...
- THREAD: the Ways & Means bill creates new opportunities for tax avoidance and evasion, adds complexity to the tax system, and increases filing burdens for low- & moderate-income families. My @taxlawcenter.org colleagues have more analysis coming, but here's a starter list (suggestions welcome):
- My colleagues @taxlawcenter.org will have analysis on the details of the W&M bill (AINS 05/12) to come. But its broad strokes are clear. taxlawcenter.org/blog/an-init... It doesn't consistently follow any sound tax principle I can think of. Seems more driven by picking winners and losers.