Minnesota’s New Child Tax Credit Could Reduce Childhood Poverty by 33 Percent
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Minnesota government officials are touting the state’s new child tax credit, effective for the 2023 tax filing year, as an incredible investment that will reduce child poverty in the state by a third. Minnesota families can claim up to $1,750 per child with the new credit, which was passed by the state legislature and signed into law by Gov. Tim Walz (D) last year. The credit is tailored to help...