The bill S. 1372, titled the “Tax Cut for Workers Act of 2025,” aims to make certain changes to the federal earned income credit permanent and expand its benefits. It lowers the minimum age requirement to qualify for the credit, removes the maximum age limit, and increases...
Simple Explanation
The Tax Cut for Workers Act of 2025 is a plan to help workers by giving more people extra money back on their taxes, especially if they don't earn a lot of money, by changing some rules to include younger and older workers and allowing people in U.S. territories to get the same benefits.