themaninblack@lemmy.world to memes@lemmy.world · 2 days agoUnion dueslemmy.worldexternal-linkmessage-square100fedilinkarrow-up11.15Karrow-down14
arrow-up11.15Karrow-down1external-linkUnion dueslemmy.worldthemaninblack@lemmy.world to memes@lemmy.world · 2 days agomessage-square100fedilink
minus-squarebitjunkie@lemmy.worldlinkfedilinkarrow-up3·2 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.