student debt

Which States Tax Student Loan Forgiveness, and Why Is It So Complicated?

The Biden administration’s plan for broad-based student loan forgiveness of up to $20,000 per individual won’t affect borrowers’ federal tax bills, but it could have...

September 15, 2022Nikhita Airi Lillian Hunter

Individual Taxes: TaxVox

Why Student Debt Forgiveness Won’t Include Higher Tax Bills

President Biden announced plans to forgive $10,000 in student debt for all borrowers with below $125,000 in annual income ($250,000 for couples), while Pell Grant...

August 26, 2022John Buhl

State and Local Issues: TaxVox

Trump Executive Action Shows Why Congress Should Federalize More of Unemployment Insurance

President Trump’s August 8th executive action creating a new supplemental weekly unemployment benefit has created mass confusion.

August 12, 2020Tracy Gordon

: TaxVox

Expanding a Credit, Simplifying a Break, and Cutting Off a Nose to Spite a Face

The House Ways and Means Committee approved an expansion of the child tax credit. A party-line vote approved changes to the Child Tax Credit . The proposal would index the credit to inflation and increase the phaseout range for joint filers to $150,000, twice the range for single filers. The effort

June 26, 2014Renu Zaretsky