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Tom and Mary both work and Tom's Mom Beth watches their daughter during the day for free. Assume the Congree passes a very generous child
Tom and Mary both work and Tom's Mom Beth watches their daughter during the day for free. Assume the Congree passes a very generous child care tax credit: 50% of expenses up to $6000 in expenses. Following the passage of the expanded tax credit, Tom and Mary decide to pay Beth $6,000 a year to watch their chil. How has GDP been affected by this policy change?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
