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T19-0059 - Distributional Effect of the Working Families Tax Relief Act (WFTRA), Alternate Specification, By Expanded Cash Income Percentile, 2026

Distributional effect of an alternate specification Working Families Tax Relief Act as introduced in the Senate, by expanded cash income percentile, under a current law baseline as of January 1, 2019. The alternate specification permanently eliminates the personal exemption and replaces it by expanding the Other Dependent Credit. Estimates shown for calendar year 2026.

September 26, 2019