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For the Non-Rich, the Child Tax Credit is the Key to Tax Reform

The tax reform framework released three weeks ago by the White House and Republican congressional leadership has lofty goals: Simplify the tax code; provide relief for middle-class families; cut taxes for businesses; end many narrowly focused special tax benefits; and keep the reformed tax code “at least as progressive” as the existing one.

Many of the policies proposed in the framework remain ambiguous. Yet it is those policies, in particular the details of the child tax credit expansion, that will determine whether most American families win or lose.