The Boost the Middle Class Act would significantly expand the Earned Income Tax Credit (EITC), a tax benefit for lower and middle-income working families. The bill roughly doubles the maximum credit amounts that eligible workers can claim and increases the income thresholds at which the credit phases out, meaning more people would qualify and receive larger refunds. The changes would take effect for tax returns filed in 2026 and beyond (for 2025 tax year income). The legislation also updates inflation-adjustment calculations to begin from 2025 going forward, allowing the credit to keep pace with rising costs. While the bill text doesn't specify total cost, expanding the EITC would increase federal spending on tax credits for working families, potentially benefiting millions of workers earning modest incomes.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.