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<blockquote data-quote="bacha29" data-source="post: 2671989" data-attributes="member: 58386"><p>Correction: The EIC originated in 1975. ( Ford) and was greatly expanded by Reagan. It's a refundable credit with the majority of those who qualify getting all of taxes they paid back in addition to the EIC money. The program is a fully taxpayer funded low income subsidy. So if VanT wants to do something about the deficit there's a good place to start.</p></blockquote><p></p>
[QUOTE="bacha29, post: 2671989, member: 58386"] Correction: The EIC originated in 1975. ( Ford) and was greatly expanded by Reagan. It's a refundable credit with the majority of those who qualify getting all of taxes they paid back in addition to the EIC money. The program is a fully taxpayer funded low income subsidy. So if VanT wants to do something about the deficit there's a good place to start. [/QUOTE]
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