Tag: ‘American Opportunity Tax Credit’

Clinton Would Tinker With, Not Rewrite, the Tax Code

By :: August 11th, 2015

While many Republican presidential candidates are promoting their versions of broad-based tax reform, Democratic frontrunner Hillary Clinton so far seems disinterested in fundamentally restructuring the code. Instead, she’d retain the framework of the current tax law, while tweaking the code to encourage–or discourage–certain activities. In the past few weeks, in different ways, she’s begun to describe […]

Read More

Tax Season: It Ain’t Over Till It’s Over

By :: April 13th, 2015

The IRS and the ACA: Working hard and working well. The IRS, thanks to years of preparation since the Affordable Care Act became law in 2010, has managed the current tax filing season smoothly, according to IRS Commissioner John Koskinen, even with new ACA burdens and IRS budget cutbacks. “It’s amazing what the IRS can […]

Read More

Obama Would Improve Tax Subsidies for Higher Education

By :: January 26th, 2015

President Obama will feature higher education prominently in next week’s budget—a choice that makes sense, given that educational attainment is the most straightforward pathway for economic advancement. Many of his ideas, which he highlighted in his State of the Union address, are controversial. And some don’t go far enough. But they’d do a better job […]

Read More

Tax Relief, Hikes, and Incentives

By :: May 29th, 2014

DC residents will likely see tax cuts—the largest in 15 years. The DC Council voted yesterday to support $165 million in tax cuts, a plan based in part on recommendations made by the DC Tax Revision Commission. Tax burdens for low- and middle-income residents would decrease in January. For four years after, businesses, residents earning […]

Read More

Education Tax Credits Rival Pell Grant Program in Size: Reforms Proposed

By :: February 25th, 2013

Tax-based aid for higher education quadrupled between 2000 and 2010 and will continue to be a large part of the financial aid story – at least through 2017 when the American Opportunity Tax Credit is scheduled to expire. As part of a series of reports on federal financial aid, the Center for Law and Social […]

Read More