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In response to "so I would need to underpay my taxes all year (have my employer underwithhold)? this makes no sense at all. -- nm" by amanda jeans

That's how the initial program was structured. It's an incentive, but not the best incentive. The new program may be different

Though I expect it won't, otherwise it couldn't be a part of the tax law. It'd be more like Cash For Clunkers where you'd get a check from the government for making the purchase.

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