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Senators Propose Tax Cuts for Low Earners, Face Opposition

3/14/2026

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Summary

Story summary

Senators Cory Booker (D) and Chris Van Hollen (D) introduced the Working Americans' Tax Cut Act, seeking to eliminate federal income taxes for millions earning under $46,000 and to cut taxes for those up to $80,500.
The plan would be funded by closing tax loopholes and imposing a surtax on millionaires.
Experts say neither bill is likely to advance under Republican control of Congress.

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Story summary

Senators Cory Booker (D) and Chris Van Hollen (D) introduced the Working Americans' Tax Cut Act, seeking to eliminate federal income taxes for millions earning under $46,000 and to cut taxes for those up to $80,500.
The plan would be funded by closing tax loopholes and imposing a surtax on millionaires.
Experts say neither bill is likely to advance under Republican control of Congress.