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Tax reform could boost economy with bigger, refundable child care credit

from Forbes Magazine

As Congress contemplates a major tax overhaul, it has the opportunity to generate revenue and a healthier national economy by helping parents with the costs of quality early childhood education and care. One important tax credit strategy comes to the forefront as an effective solution: increasing the Child and Dependent Care Tax Credit to better reflect the cost of care and education and making it refundable for low- and middle-income taxpayers. more


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