Institute on Taxation and Economic Policy (ITEP)

June 30, 2019

Understanding Major Federal Tax Credit Proposals

ITEP Staff

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Federal lawmakers have announced at least five proposals to significantly expand existing tax credits or create new ones to benefit low- and moderate-income people. While these proposals vary a great deal and take different approaches, all would primarily benefit taxpayers in income groups who received only a small share of benefits from the Tax Cuts and Jobs Act.


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