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The California Democrat wants to create a new $6,000 tax credit for families earning up to $100,000. The break would be “refundable,” which means people could claim it even if it exceeded their tax liabilities, by receiving a check from the government for the difference.
She wants to allow recipients to claim it throughout the year, up to $500 per month, rather than having to wait to get a lump sum after they file their taxes.
Harris says it’s intended to help families cope with the cost of living, though it’s also surely designed to contrast with Republicans’ recent tax-code rewrite.
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