Author: Alexia Lipman
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The Future of the Child Tax Credit
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After months of negotiations, Sen. Joe Manchin announced he would not support the $1.7 trillion Build Back Better Act — legislation that would make historically unparalleled investments in clean energy, health care, and a wide range of social programs. Effectively preventing its passage in the Senate, Manchin objected to the…
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How the Top 1% Evade Taxes – and Get Away With It
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It is no secret that the rich hate paying taxes. A recent ProPublica investigation of tax returns revealed that the 25 richest Americans paid a true tax rate of 3.4% on the wealth they accumulated from 2014 to 2018 through entirely legal means. At the same time, there are troves…