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#8
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So, basically, if you make more money, you pay higher taxes and any refund you may have expected based on your lower income will be lower or you will not get a refund at all.
Or, if you were getting a tax credit based on your income and your income goes up, you probably will no longer qualify for the tax credit and therefore you will pay more tax and get a smaller refund or no refund at all. How is this news? Why would this be a surprise to anyone?
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