They treat refundable tax credits as government spending, same as National Income and Product Accounts.
Further articles on the same subject
National Income Product Accounts
Be kind. To others, and to yourself. These are difficult times. And difficult times call for empathy, humility, and community. Happy Thanksgiving. Better days lie ahead.
Thanksgiving messages this morning from the outgoing and incoming presidents of the United States:
Home alone in Washington, husband in LA, spending the day plotting on the Republicans about how I’m going to kick butt to get another stimulus plan to put food on the table for so many families in need. Must pass HEROES Act. Happy Thanksgiving to everyone!
Political betting markets still give Trump a >10% chance, both nationally and in several states where *results have been certified*. As I've said before, it's a bit alarming there are so many delusional people out there that the market equilibrium is this detached from reality.
Shri FC Kohli Ji will be remembered for his pioneering contributions to the world of IT. He was at the forefront of institutionalising a culture of innovation and excellence in the tech industry. Pained by his demise. Condolences to his family and many admirers.