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Federal child tax credit dollars head to parents

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An administration official disputed these claims. Treasury Division estimates point out that 97% of recipients of the tax credit score have wages or self-employment revenue, whereas the opposite 3% are grandparents or have well being points. The official, who requested anonymity to debate inside analyses, famous that the credit score begins to section out at $150,000 for joint filers, so there isn’t a disincentive for the poor to work as a result of a job would simply give them extra revenue.

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