Meanings
a tax credit is an amount of money that taxpayers can subtract directly from the taxes they owe to the government.
The government offers a tax credit for energy-efficient home improvements.
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Antonyms
a tax credit can also refer to a government incentive that reduces the amount of tax owed, often used to encourage certain behaviors or investments.
The child tax credit is designed to help families with the cost of raising children.
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Antonyms
Last updated: 2025/01/11 11:55