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I think it's arguable that a tax credit is not a tax cut, precisely because it doesn't necessarily reduce taxes paid but rather can return money not paid.
by eadmund 8y ago
I think it's arguable that a tax credit is not a tax cut, precisely because it doesn't necessarily reduce taxes paid but rather can return money not paid.
- ams6110 8y agoYes it's welfare by another mechanism. It's giving you someone else's money, not letting you keep more of yours.