Definitions for tax credits
tax cred·its

How to pronounce tax credits?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say tax credits in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of tax credits in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of tax credits in Pythagorean Numerology is: 6

Examples of tax credits in a Sentence

1. David Bergstein:

   Structurally they are betting the farm and everything possible to get through these midterms, and they are just opening up the checkbook to do it. ' Public investment shrinks as safety net balloonsWhatever the immediate political impact, if President Joe Biden ultimately signs anything like the proposed program, it would mark a new era in Washington's role in the economy.Over the past 50 years, federal spending, as a share of the nation's economic output, has averaged about 20.6 %, according to calculations by the Committee for a Responsible Federal Budget, a centrist group that argues for budgetary restraint. Washington has significantly exceeded that level only in times of crisis : Spending reached 24 % of the nation's gross domestic product during Obama's first term immediately after the 2008 financial crisis and roughly 32 % during the Covid pandemic, federal figures show. ( Federal spending as a share of the economy reached its modern high of more than 40 % at the height of World War II.) Though federal spending over the past half century has remained relatively constant at about one-fifth of the economy, the composition of that spending has shifted dramatically. Over that period, public investment -- defined primarily as federal spending on infrastructure, education and training, and support for research and development -- has declined, while the safety net -- including such payments to individuals as Social Security, Medicare, Medicaid, food assistance and various tax credits for families -- has soared. Its totally different from anything put forward by Obama or Clinton. In terms of any kind of coherent strategic focus theres been nothing like this since the build-out of the suburbs, and the buildup of the educational system.Josh Bivens, research director, Economic Policy InstituteIn 1969, federal figures show, public investment and payments to individuals each consumed nearly one-third of total federal spending, an amount equal to about 6 % of the economy. By 2019, the last year before Washington poured huge sums into the Covid crisis, public investment had fallen to just 12.5 % of Responsible Federal Budget while payments to individuals had grown past 70 %. Public investment now equals only about 2.5 % of the economy, while payments to individuals consume more than five times as much.The exact distribution between public investment and safety net spending in the Democratic plans isn't known, because the party hasn't released details on the funding levels in the $ 3.5 trillion budget blueprint that Senate Democrats recently agreed on. But it's clear that the proposal -- coupled with the bipartisan infrastructure agreement advancing on a separate track -- would represent a huge expansion on both fronts.The infusion of new money for public investment might be most striking, given how steadily it has lost ground in federal priorities. Public investment fell from about 30 % of federal spending in the late 1960s to about 20 % by the late 1970s and 15 % by the mid-1990s, a plateau from which it's since drifted further down except for a brief recovery under Obama's first-term stimulus plan. The budget plans Senate Democrats are advancing would provide a more lasting turnaround. The bipartisan plan would spend almost $ 600 billion on.

2. White House spokesman Josh Earnest:

   When it comes to education tax benefits, our highest priority should be to expand, improve and simplify tax benefits for the middle class, the president's nearly $50 billion investment in the middle class, which builds on bipartisan legislation and is fully offset, would cut taxes for 8.5 million students and families and simplify taxes for every single student who relies on education tax credits to help pay for college.

3. John Larsen:

   It's really hard for the President through executive action to take 30 % off the cost of every new renewable installation in America for the next decade, all of the tax credits, grant programs and other incentives in Build Back Better would make everything else the executive branch has to do easier, as far as getting a handle on greenhouse gas emissions and getting the US on a course to meet its 2030 target.

4. Catherine Rampell:

   Well, it's partly what you just mentioned, it's partly that we don't have majority rule in the Senate … [so the Democrats] have to cram everything into this one major piece of legislation … They have to do climate, they have to do paid leave, they have to do child care, they have to do green energy tax credits for cars and things like that. They have to put everything into this legislation because they can't do piecemeal regular-order bills because the Senate doesn't function like that way anymore.

5. Thomas Boylan:

   You’ve got the tax credits as the carrot.