A Business Owes Nothing in Taxes & Gets a State Check?

A Business Owes Nothing in Taxes & Gets a State Check? "Why doesn’t the press cover what’s happening with refundable tax credits?” I asked the journalist. We were chatting about what I found in the state budget. “Because the press doesn’t understand them,” she told me.“Doesn’t understand them?” I thought. “There has to be an easy way to describe what’s happening...”Imagine if you had no state tax taken out of your paycheck. You filed your tax return but you owed nothing. Now imagine the state sent you a refund check. Wow! This is like a refundable tax credit. A company owes little to nothing in taxes but gets a ...