this post was submitted on 11 Aug 2023
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[–] [email protected] 26 points 10 months ago (4 children)

An expansion of the Child Tax Credit that focuses on the 19 million children who are shut out of the full credit because their families’ incomes are too low would come at a modest cost. For example, making the current law $2,000 credit fully available to these children would cost roughly $12 billion per year in 2022, according to the Joint Tax Committee estimates.