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Leaders of the tax-writing committees in the House and Senate are working on a deal to expand the existing child tax credit in exchange for extending certain business tax credits
Republicans: No money to help end child poverty unless corporations get handouts too
But seriously when this credit was active, it alone cut child poverty by a third. Imagine what we could get with a true universal basic income. A good first step at least though.
Sweet. Now, extend that to, “Makes X% or less of the median income for a person’s resident county.” Or better yet, both.
Call it the Universal Basic Tax Credit.
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