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A Victory for Both Parties |
| Section: CURRENT ISSUES / SPECIAL REPORT--TAXES: HOW MUCH IS ENOUGH? |
| Author: John S. Barry |
| Publication:
The World & I Online |
| Issue Date: 4/1/2003 |
| Size: 142 Words, 897 Characters |
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In a sense, both Republicans and Democrats have gotten their way on tax policy over the pa...
Read Full Article
...o do so.
Families, too, are now the big winners in the federal income tax code.
The biggest reason is the child tax credit, which, in 2000 reduced family tax liabilities by $20.7 billion.
Other provisions include the adoption credit, the partial elimination of the marriage penalty, the child-care credit, education credits, and expansion of the EITC to families with more than two children.
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Publication Details
(The World & I Online) |
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The World & I Online is a
comprehensive academic resource that encompasses a broad range of
articles by scholars and experts in the areas of Global Studies,
Liberal Arts, Fine & Applied Arts, General Science, and Spanish.
Originally published monthly in print as The World & I, our site
includes the complete contents since 1986 and continues to publish
a new issue online each month. |
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