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by mcny 1008 days ago
> Manipulate the incentive structure so that it does not financially incentivize single parents.

I hope not. Everybody wants a "more simplified tax code" except they all want their own credit/deduction/exemption/whatever. This is how we end up with nonsense like the masters exemption.

> This IRS exemption allows homeowners to exclude up to two weeks of rental income from their taxable income.