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Politics : View from the Center and Left
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To: Cogito who wrote (95167)11/12/2008 5:41:51 PM
From: TimF  Read Replies (1) of 541461
 
Regular tax credits aren't payable as refunds, they can only bring your income tax liability down to zero.

But refundable tax credits can be given as a refund even when no taxes have been paid, and Obama seems to like using that idea.
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