Back to Index

The GOP Tax Plan Would Make It Harder for Workers to Get New Skills

“The House Republican plan, which was unveiled earlier this month, would repeal the Lifetime Learning Credit (LLC), a 20 percent tax credit on tuition expenses at any eligible postsecondary program up to $10,000 for those who make $65,000 or less (or $130,000 or less for married couples filing jointly). Over 4 million tax filers claim the LLC annually, saving them about $2.6 billion a year.”