Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Az Joe
A tax credit can also only reduce your taxes to zero.

A tax deduction can only reduce your taxes to zero. A tax credit you will get regardless.

81 posted on 03/06/2017 5:50:21 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 73 | View Replies ]


To: DoodleDawg

No, you are wrong.

Tax Credit: An amount of money that can be offset against a tax liability.

It can written, structured so that if your tax liability is offset to zero that is all you get.

Buy a clue before you come on this board.


82 posted on 03/06/2017 5:59:30 PM PST by Az Joe
[ Post Reply | Private Reply | To 81 | View Replies ]

To: DoodleDawg

Tax Credit = SUBSIDY

It it socialism.


98 posted on 03/07/2017 1:02:00 AM PST by TheNext ("PULL THE ABC BROADCAST LICENSE!" "Give it to TEA Party.")
[ Post Reply | Private Reply | To 81 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson