H. R. 2802 aims to amend the Internal Revenue Code to give people a refundable tax credit amounting to 10% of their federal income tax liability for the year 2025. The credit is designed to help individuals reduce their tax bills, but it won't apply to those with a modified...
Simple Explanation
This bill wants to give people a little money back on the taxes they pay next year, but only if they don't make too much money, and it won't help with longer-term money troubles since it only happens once.