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)
“The world is a puzzling place today. All these banks sending us credit cards, with our names on them. Well, we didn’t order any credit cards! We don’t spend what we don’t have. So we just cut them in half and throw them out, just as soon as we open them in the mail. Imagine a bank sending credit cards to two ladies over a hundred years old! What are those folks thinking?”
—Sarah Louise Delany (b. 1889)