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tax credit

A man wearing glasses points at an iPad screen as an older woman watches.
Posted inNews

California bills to expand state tax credits could send $1 billion to low-income families

by CalMatters Apr 22, 2023Apr 21, 2023

State legislators recently authored two bills that would expand California’s Earned Income Tax Credit and its Young Child Tax Credit, but the bills would cost about $1.1 billion annually, in a year the state is predicting a $22.5 billion to $25 billion deficit.

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