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Congress·In Committee·S. 1372

Tax Cut for Workers Act of 2025

Sen. Cortez Masto Introduces the Tax Cut for Workers Act to Double Tax Credits for Millions of Low-Wage Workers

The Tax Cut for Workers Act of 2025 is currently in the early stages of the legislative process. It was recently introduced in the Senate and sent to the Committee on Finance for review. The bill is actively moving forward as it waits for the committee to discuss its contents.

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Legislative Progress

Senate
House
President
Law
Unlikely to pass

This bill is supported only by Democrats and Independents, making it very difficult to pass in a divided Congress where Republicans typically oppose expanding these types of tax credits.

Key Points

  • This bill would permanently double the Earned Income Tax Credit rate for workers without children, increasing it from 7.65% to 15.3%. This means significantly larger tax refunds for millions of low-wage workers who file taxes each year.

    From policy text

    The table contained in paragraph (1) of section 32(b) of the Internal Revenue Code of 1986 is amended by striking ``7.65'' each place it appears and inserting ``15.3''.
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  • The minimum age to claim the credit drops from 25 to 19 for most workers, to 18 for former foster youth and homeless youth, and to 24 for students. The maximum age cap of 65 is eliminated entirely, opening the credit to older workers for the first time.
  • The bill more than doubles the earned income threshold for the full credit (from $4,220 to $9,820) and the phaseout amount (from $5,280 to $11,610), meaning workers can earn more and still qualify for a larger credit.

    From policy text

    The table contained in subparagraph (A) of section 32(b)(2) of the Internal Revenue Code of 1986 is amended-- (1) by striking ``$4,220'' and inserting ``$9,820'', and (2) by striking ``$5,280'' and inserting ``$11,610''.
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  • Workers who experience a drop in income can elect to use their prior year's earnings to calculate the credit, protecting people who lose hours or take a pay cut from also losing their tax benefit.
  • The bill permanently extends the Earned Income Tax Credit to U.S. territories including Puerto Rico, American Samoa, and possessions with mirror code tax systems. A temporary provision set to expire after 2025 would become permanent.

    From policy text

    Subparagraph (B) of section 7530(a)(1) of the Internal Revenue Code of 1986 is amended by striking ``in the case of calendar years 2021 through 2025,''.
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  • All changes would take effect for tax years beginning after December 31, 2025, meaning workers would first see the benefits when filing their 2026 tax returns.

    From policy text

    The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
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TaxesLabor Employment

Impact Analysis

Personal Impact

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

State Impacts

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

2 milestones2 actions
Apr 9, 2025Senate

Read twice and referred to the Committee on Finance.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Apr 9, 2025

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

Tax Cut for Workers Act of 2025

Bill NumberS 1372
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Finance.

Sponsor

Cosponsors

(44)
D: 42I: 2

Analysis generated by AI. Always verify with official sources.