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IRS Decision Not to Tax Certain Payments Carries Fiscal Cost

The Biden administration has opted not to tax state payments to residents, a decision that could add to the nation’s fiscal woes.

Linda Qiu
Author: Linda Qiu

Written by

Linda Qiu

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Federal Budget (US), Internal Revenue Service, National Debt (US), Politics and Government, Rebates and Refunds, States (US), Tax Credits, Deductions and Exemptions, Taxation, United States Economy
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