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Sen. Josh Hawley introduced a plan for a “Parent Tax Credit” on Monday aimed at offsetting the high cost of raising a child. It reflects a push among some conservatives to increase federal spending on families.
The proposal would establish a new, fully refundable tax credit of $6,000 for singles and $12,000 for couples, meaning families with minuscule or no tax obligations would qualify for a payment.
“Millions of working people want to start a family and would like to care for their children at home, but current policies do not respect these preferences,” Hawley said details ⇒
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