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MoffJerjerrod t1_j9ager1 wrote

Reply to comment by [deleted] in Moore’s 1st step to end poverty: Tax credits for low-income families by GovernorOfReddit

It's a tax credit. Which means it can be used to offset a liability. In order to benefit, recipients will need income already. And they can only receive money paid in taxes.

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DecayableBrick t1_j9aofal wrote

Some tax credits are refundable so an individual can receive more from the income tax system than they put in. This is one of those cases from a quick reading of the article.

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