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Without a doubt about Two Democrats challenge the payday-loan industry

Without a doubt about Two Democrats challenge the payday-loan industry

Could a little improvement in a federal taxation credit dramatically reduce individuals’s importance of predatory payday loans?

That is the hope of a tax that is new introduced Wednesday by Sen. Sherrod Brown and Rep. Ro Khanna. Their topline concept will be massively expand the Earned Income Tax Credit (EITC), gives low- and moderate-income Americans a subsidy for working.