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Table shows the impact on federal tax revenue for fiscal years 2023-42 of: repealing amortization of research and experimental (R&E) expenditures; extend limitation of interest deductions to 30 percent of EBITDA; make 100 percent bonus depreciation permanent; make the child tax credit (CTC) fully refundable regardless of earned income or individual income tax liability; and extend expansion of earned income tax credit (EITC) for workers without qualifying children enacted by the American Rescue Plan (ARP). These tables were revised on December 7, 2022.
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