Synonyms for tax credit
tax cred·it

Princeton's WordNet

1. tax creditnoun

   a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)

Matched Categories

1. • Reduction

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How to use tax credit in a sentence?

1. Ritchie Torres:

   The American Families Plan is incomplete without a permanent child tax credit, we are in the midst of an FDR moment, which comes only once a century.If we let our FDR moment pass us by, without making the child tax credit permanent, we will live to regret it.

2. Charles Krauthammer:

   I think this argument between him and the Wall Street Journal over what is essentially two percent of the rate, I think it's slightly overexaggerated. It's not going to make any difference in the real world if there's a one or two percent lower rate, and I think what's he's doing is trying to win votes with the sweetener of the child tax credit, there's nothing wrong with that. And it's true that a pudding has to have a theme, but a tax plan doesn't have to have a theme. The theme here is that you're lowering the rate, particularly on the corporate side. You're lowering the tax on investment and return, capital gains, which is what everybody on the right has always said is the engine to drive growth. So, you've got very serious pro-growth elements in here, and you've got a sweetener for the child tax credit, that that's a rejection of Reaganism I find slightly over the top.

3. John Larsen:

   As long as the clean energy tax credit package is in at the scale and ambition people have been talking about for months, you're already going to have increased acceleration of clean energy in America, there are other pieces of the tax credit package that could be amped up to make up for lost ground.

4. Josh Goldstein:

   If that ability to monetize the tax credit goes away, you have gigawatts and gigawatts of projects that were supposed to be built over the next two to three years that are very much in jeopardy.

5. John Larsen:

   I would say a watered down CEPP may be worse than no CEPP, as long as the clean energy tax credit package is in at the scale and ambition people have been talking about for months, you're already going to have increased acceleration of clean energy in America.