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)
“Gratitude among friends is like credit among tradesmen: it keeps business up, and maintains commerce. And we pay not because it is just to discharge our debts, but that we might the more easily find lenders on another occasion.”
—François, Duc De La Rochefoucauld (1613–1680)