Lawmakers are debating major tax policy changes ahead of the 2026 elections, including capital gains, deductions, estate rules, and health tax credits. Learn what could change and how taxpayers can prepare now.

A new bipartisan plan, the American Worker Rebate Act, could give families a tax rebate of $600 or more in 2025—using money the U.S. already collects from tariffs. With over $100 billion raised through these import fees, lawmakers want to return some of it to working Americans. Here’s what it means for you, how it might work, and why it’s gaining attention now.