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From The Urban Institute:
This tax fact shows that almost half of all children (and 80 percent of kids living with single parents) live in households that currently do not pay any federal income tax (net of credits). Thus, unless a new tax credit or an expansion of a tax credit is made refundable, the subsidy cannot help those children, who are presumably the most economically vulnerable. Read more from this post.
Posted on November 22, 2004 9:46 AM
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