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tax credit

British  

noun

  1. (in Britain) a social security benefit paid in the form of an additional income tax allowance

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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But Congress allowed the biodiesel tax credit to lapse in 2024.

From The Wall Street Journal ● Oct. 11, 2026

Loss of the biodiesel tax credit put upward pressure on the cost of all goods moved by truck.

From The Wall Street Journal ● Oct. 11, 2026

Deliveries fell 2.1% short of the record 497,099 vehicles Tesla delivered a year earlier, when U.S. buyers rushed to claim the $7,500 federal EV tax credit before it expired at the end of September 2025.

From MarketWatch ● Oct. 8, 2026

By 2024, households with children had about $29,000 of additional annual expenses, even after accounting for a $1,000 increase to the child tax credit, LendingTree estimated.

From MarketWatch ● Oct. 8, 2026

Some draw on government help in the form of food stamps, housing vouchers, the earned income tax credit, or—for those coming off welfare in relatively generous states—subsidized child care.

From "Nickel and Dimed: On (Not) Getting By in America" by Barbara Ehrenreich

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