Federal tax credits can be a big help to low-to-moderate-income taxpayers looking to reduce their taxes or maximize their tax refund. Here are the 5 biggest tax credits you might qualify for.
The results in this paper are based on the specific tax policy proposals of Senator Barack Obama and Senator John McCain. The economy improves under each plan as compared to the CBO baselinethat assumes that all of the Bush tax cuts disappear. While bothcandidates plan to reduce taxes compared to this scenario and eachachieves his stated goal, their approaches are quite different.
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