themaninblack@lemmy.world to memes@lemmy.world · 19 days agoUnion dueslemmy.worldimagemessage-square95linkfedilinkarrow-up11.14K
arrow-up11.14KimageUnion dueslemmy.worldthemaninblack@lemmy.world to memes@lemmy.world · 19 days agomessage-square95linkfedilink
minus-squarebitjunkie@lemmy.worldlinkfedilinkarrow-up3·19 days agoI think it’s word choice that caused confusion here. In the US at least, “deduction” means you don’t have to pay taxes on it, not that you get back the full amount that you paid. What you’re talking about would be called a tax credit.
I think it’s word choice that caused confusion here. In the US at least, “deduction” means you don’t have to pay taxes on it, not that you get back the full amount that you paid. What you’re talking about would be called a tax credit.