* Many low-income families with chi...
* Many low-income families with children will not benefit from of recent origin federal tax cuts, according to the Center forward Budget and Policy Priorities, a Washington D.C.-based nonpartisan research collection The $1.35 trillion plan is aimed at reducing federal income and estate taxes. further an estimated 12.2 million families with children nationwide, including 482000 in Illinois, do not earn enough to owe federal income tax, according to the center While the plan includes tax breaks for low-income families, "they pale in size relative to the tax wounds that high-income taxpayers would receive," write authors Robert Greenstein and Isaac Shapiro. COPYRIGHT 2001 Community Renewal Society COPYRIGHT 2001 Gale Group
|