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What is the kiddie tax all about? Please describe it and how it works. What is its purpose? What scheme does it seek to prevent?

What is the "kiddie tax" all about? Please describe it and how it works. What is its purpose? What "scheme" does it seek to prevent? Why does it have an age cut off? Do you agree we need the kiddie tax? Can you suggest alternative ways to prevent the perceived abuse the kiddie tax is designed to prevent?

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