Sentence examples for of the refundable from inspiring English sources

But if the limit of the refundable credit was low (say, $2,000), few could afford the difference between the credit and tuition.

A family which would otherwise owe, for example, $2,000 in income tax, should qualify for the full $2,500 it would have its $2,000 tax bill wiped out and get $500 back as part of the refundable credit.

The invention of the refundable tax credit allowed Republicans to spend just like Democrats while fooling their own followers into thinking that that they were only cutting taxes for the oppressed taxpayer.

Other elements of the bill include an increase in the standard deduction (an additional $425 for individuals and $850 for married couples filing jointly), an increase in the number of taxpayers who can qualify for the earned-income credit and an increase in the amount of the refundable child credit tax.

Whatever the details of the refundable credit, the bottom line is clear.

Third, Congress should also permanently extend the 2009 expansions of the refundable portions of the Earned Income Tax Credit and Child Tax Credit - popular tax credits that reward work and keep millions of adults and children out of poverty.

Over 60percentt of families using the refundable CTC earn less than $25,000 per year.

You can't just suddenly cut a quarter of the country's budget for highways and airports, unemployment insurance, food stamps, the refundable portion of the Earned Income Tax Credit, veterans' benefits, medical and scientific research, student aid, NASA, the National Parks, and everything else the government does.

For instance, after the press conference, Meadows said he would be willing to agree to some form of the advance refundable tax credits that other conservatives are painting as a new welfare program.

The refundable portion of the child tax credit is a life-saver for the working poor.

They mentioned the size of the top rate and the refundable child tax credit as matters crucial to them.