Advertisement

Advertisement

tax credit

noun

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


Discover More

Example Sentences

McConnell similarly talked out of both sides of his mouth on the minimum wage, the Earned Income Tax Credit, and other issues.

True, he would not compromise on a tax credit for low-wage workers that Republicans opposed.

Second, Clinton said the tax credit for small businesses is too low.

In the case of a purely electric car like the expensive Tesla Model S, a $7,500 tax credit attaches to each purchase.

And people who qualify for the earned income-tax credit pretty much have to take it in an annual lump sum.

We should make that tax credit refundable for low-income families.

I agree that we need a tax credit for working families with children.

We do it by providing a health-insurance tax credit of up to $3750 for each low-income family.

I propose a tax credit of $1,000 for the aged, ailing or disabled and the families who care for them.

And our plan also includes a new tax credit for stay-at-home parents, too.

Advertisement

Word of the Day

petrichor

[pet-ri-kawr]

Meaning and examples

Start each day with the Word of the Day in your inbox!

By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.

Advertisement

Advertisement

Advertisement


Taxcotax-deductible