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)
“Japanese mothers credit “effort” as the key determinant of a child’s achievement in school, while American mothers name “ability” as the more important factor.”
—Perry Garfinkel (20th century)