Archive: COVID legislation
Making the change permanent would improve the return to work for older workers. Among many other things, the $1.9 trillion American Rescue Plan Act increased eligibility and the amount of the earned income tax credit (EITC) for taxpayers with no qualifying children for 2021. In particular, the legislation lowered the minimum age to claim t…
Yes, COVID did not cause multiemployer woes, but the help is long overdue. The $1.9 trillion rescue package enacted recently includes an estimated $86-billion aid package for multiemployer pension plans. This assistance will give the weakest plans enough money to pay benefits for the next 30 years. Critics claim that the rescue should not hav…
