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The Child Tax Credit Has a New Champion: Hillary Clinton

It is no secret that I am against social engineering — especially when done through the tax code. It was one of my objections to the Rubio-Lee tax plan last year. While the business side of the plan was excellent, one of its central features was to establish an additional child tax credit of $2,500. That was on top of the current $1,000 child tax credit. That feature of the plan was included at the cost of lowering the marginal tax rate further than they could have — and at great expense to taxpayers.
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