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Credit vs. deductions

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Why has Congress moved towards credits rather than deductions in recent years?
What do you know about tax provisions that might encourage small business?

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Why has Congress moved towards credits rather than deductions in recent years?

Congress has been moving towards tax credits rather than tax deductions because a tax credit lowers the persons tax bill dollar for dollar. A deduction on the other hand just shaves off money from a persons taxable ...

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Why has Congress moved towards credits rather than deductions in recent years?
What do you know about tax provisions that might encourage small business?

$2.19