So just to make clear, Mr. Speaker, a taxpayer decides, once this bill is in place, I am going to give $500 to help low-income children in my neighborhood or in my State. They give that $500 check. Come the end of the year, they get either a refund check that is $250 larger or, if they owe money at the end of the year, they write a check to the government that is $250 smaller.
Editor's note · Context
Discussing the financial implications of a proposed bill for taxpayers.
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