Covering President Barack Obama’s upcoming State of the Union proposals, Sheryl Gay Stolberg writes in January 25ths New York Times:

For example, the president is calling on Congress to nearly double the child care tax credit for families earning less than $85,000 — a proposal that, if adopted, would lower by $900 the taxes such families owe to the government. But the credit would not be refundable, meaning that families would not get extra money back on a tax refund.

What exactly does Stolberg mean by “extra”? If, come April 15th, a family has had more taken out of their paychecks … Continue Reading