July 12, 2023

Sacramento Bee: Biden, Democrats Want to Increase Tax Break for Parents. It Could Help 15 million Californians

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The increased tax credit would help an estimated 14.7 million Californians, according to the Institute on Taxation and Economic Policy, a progressive Washington-based research group. While the proposed increase has a long way to go legislatively, and is likely to change, it’s one of several tax cuts under serious discussion.

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