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| | Simplified Family Credit (SFC) |
 | | The Simplified Family Credit (SFC) is proposed as a replacement for the dependent exemption for children, the Earned Income Tax Credit (EITC), the Child Tax Credit (CTC), and the Additional Child Credit (ACC). |
 | | The SFC was first proposed by Robert Cherry, of Brooklyn College, and Max B. Sawicky, of the Economic Policy Institute (EPI), in the paper published in 2000 by EPI, Giving Tax Credit Where Credit is Due: A 'Universal Unified Child Credit' that expands the EITC and cuts taxes for working families. |
 | | The SFC replaces approximately 200 pages of instructions, worksheets, forms, and tables in the current tax code with this postcard-sized form. |
| www.epinet.org /content.cfm/sfc (277 words) |
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