TITLE

Blessed Are the Poor-They Don't Get Tax Cuts

AUTHOR(S)
Klein, Joe
PUB. DATE
June 2003
SOURCE
Time International (South Pacific Edition);6/9/2003, Issue 22, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the Republican congressional leaders are planning to squeeze the tax cut into the $350 billion limit set by the U.S. Senate. The Republicans decided that the working poor families with incomes from $10,500 to $26,625 should not receive the expanded child tax credit. The poor working families pay little or no income taxes. The U.S. President George W. Bush argues that the working poor are hit harder by marginal tax rates.
ACCESSION #
23533143

 

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