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Tax credits
Tax credits
The bill provides a tax credit of up to $300 for households making less than $42,000 a year.

The tax credit is meant to offset higher energy prices. While CBO says the average increased costs per household will be $175, that number varies greatly depending on income.

The poorest households will receive the full tax credit of $300, and will actually see in a yearly increase of $40 in spending power. For the richest households, the cost will be $245.

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Last updated June 26 2009: 10:07 PM ET
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