Political Quotes

Douglas Alexander: “Just to make sure it is clear, sometimes we confuse tax deduction and tax credit. This is a $15,000 tax credit. That…”

On the recordFebruary 4, 2009
Just to make sure it is clear, sometimes we confuse tax deduction and tax credit. This is a $15,000 tax credit. That means cash money, real money, that you can, instead of paying it to the IRS, put in your pocket.
Said by
Douglas Alexander
Labour Party

Editor's note · Context

Clarifying the difference between tax deductions and tax credits during a discussion on tax policy.

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