DemocratBill · H.R. 2800· House(119-HR-2800)

Boost the Middle Class Act

Rep. Vasquez
Age: 42 years
New Mexico
Introduced
4/9/2025
Last activity
4/9/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Gabe Vasquez
Cosponsors
None
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Boost the Middle Class Act," aims to amend the Internal Revenue Code of 1986. The primary focus is to increase the earned income tax credit. It specifically modifies earned income amounts and phaseout amounts within the tax code. The act also increases phaseout amounts for married individuals filing jointly. These changes are intended to adjust inflation settings to more recent years. The amendments are set to apply to taxable years beginning after December 31, 2025.

Yes· 3 of 24

  • Would households on low incomes be better off under this?+8

    The bill significantly increases the EITC, which is a primary income source for low-income households.

  • Is this likely to lift people out of poverty?+7

    The increased EITC directly provides more income to those at or near the poverty line.

  • Does this cut taxes for middle-income families?+6

    The bill increases the Earned Income Tax Credit, providing more financial relief to working households.

The opposite

  • Does this reduce what the federal government owes?-2

    Increasing tax credits may increase the federal deficit in the long term.