July 12, 2023
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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ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
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