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Posted inTrump’s Tax Cuts: The Rich Get Richer

Why wasn’t a tax cut with rare bipartisan support part of tax overhaul talks?

When the Republican-controlled Congress crafted its massive tax-cut bill in 2017, President Donald Trump routinely claimed it would cut levies for the middle class. But one tax relief proposal that many economists felt could bring bigger benefits to these Americans was conspicuously absent — an expansion of the Earned Income Tax Credit. The EITC, which […]