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The American Families Plan and Its Impact on Income Tax Rates

The American Families Plan and Its Impact on Income Tax Rates

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May 2021

President Biden announced the American Families Plan on April 28 and the proposed provisions of the Plan are outlined in a White House fact sheet. More details will be forthcoming in the months ahead and their implications will undoubtedly be the subject of much discussion.

The proposals outlined in the American Families Plan focus on investments to support the educational and economic needs of families and children and to expand the middle class.

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