Kamala Harris Wants to Give A $6,000 Tax Credit to New Parents
Vice President Harris is starting to lay out her vision for the economy, and her agenda includes a $ 6,000 tax credit for parents of newborns. The impact of this could be major—it would lift millions of children out of poverty and provide a needed helping hand to millions of families. What Is a Tax Credit? A tax credit is a portion of money that reduces the total taxes owed to the government. It’s essentially a discount on taxes and can help taxpayers get extra money back on their…
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