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Currently, this benefit is not taxed, providing a huge financial benefit to consumers who have it. It’s the biggest middle-class tax break on currently on the books – even bigger than the mortgage.
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restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest. 9-408. restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective. 9-409. restrictions on assignment of letter-of-credit rights ineffective. part 5. filing
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