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Could a tiny improvement in a federal income tax credit notably reduce peopleвЂ™s dependence on predatory payday loans?
Two Democrats challenge the payday-loan industry ThatвЂ™s the hope of the brand new goverment tax bill introduced Wednesday by Sen. Sherrod Brown and Rep. Ro Khanna. Their topline idea would be to massively expand the Earned Income Tax Credit (EITC), which provides low- and americans that are moderate-income subsidy for[…]