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July 2011

Tax Breaks for the Middle Class

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Tax breaks for the “rich” get a lot of attention, whether they permit major U.S. corporations to pay zero income tax or allow hedge-fund managers to treat earnings as tax-favored capital gains rather than ordinary income.

But there are plenty of tax breaks available only for middle- and low-income Americans -- and, in many cases, tapping into them is far easier than the accounting acrobatics the rich must use.

Take a look at these eight options and make sure you're not missing out.



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