Tax Credit
Until January 1, 2012, in most states in the US, a 75% efficient pellet stove was eligible for a tax credit up to 30% of the cost of the appliance as part of the 25C provision, plus labor.
Read more about this topic: Pellet Stove
Famous quotes containing the words tax and/or credit:
“The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”
—Ronald Reagan (b. 1911)
“Taft, laughing, “What troubles [brother] Charles is, he is afraid Roosevelt will get the credit of making me President and not himself.” To Charles: “I will agree not to minimize the part you played in making me President if you will agree not to minimize the part Roosevelt played.””
—William Howard Taft (1857–1930)