Tag: ‘new mothers tax credit’

New Plan Expands EITC Benefits for Families with Young Children

By :: August 6th, 2012

The Earned Income Tax Credit (EITC) provides a significant income boost to low-income single-parent families, but can severely penalize those families if the parent marries. A new plan from Brooklyn College economist Robert Cherry could sharply reduce that problem while sharply increasing benefits for families with young children – particularly those with married parents. Analysts […]

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