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Saturday, February 14, 2009

Income Tax Credit Is Biggest Part of Stimulus Plan

by taxnick on February 14, 2009

The costliest item in the economic stimulus plan passed by Congress is a tax credit of up to $400 for individuals earning less than $75,000 year.
Married couples earning less than $150,000 could claim a benefit of up to $800 under the provision, which has a price tag of $116 billion over 10 years, according to [...]

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