krooser said:Many folks don't realize that the present program is a non-refundable tax credit... if you don't have a tax liability equal to, or greater than the tax credit, you get zero... I know a few low income folks who are pretty tee'd off about it.
Why are they upset, no free money?krooser said:Many folks don't realize that the present program is a non-refundable tax credit... if you don't have a tax liability equal to, or greater than the tax credit, you get zero... I know a few low income folks who are pretty tee'd off about it.
Franks said:I cant see the right passing anything that will lower the use of fossil fuels. Hell, they could be mass producing electric cars 30 years ago if they wanted to.
oldspark said:Why are they upset, no free money?krooser said:Many folks don't realize that the present program is a non-refundable tax credit... if you don't have a tax liability equal to, or greater than the tax credit, you get zero... I know a few low income folks who are pretty tee'd off about it.
Yeah, what would the rest of us get in return for free money given for po' folk to upgrade to fuel-efficient, clean-burning heaters??oldspark said:Why are they upset, no free money?krooser said:Many folks don't realize that the present program is a non-refundable tax credit... if you don't have a tax liability equal to, or greater than the tax credit, you get zero... I know a few low income folks who are pretty tee'd off about it.
krooser said:Many folks don't realize that the present program is a non-refundable tax credit... if you don't have a tax liability equal to, or greater than the tax credit, you get zero... I know a few low income folks who are pretty tee'd off about it.
stoveguy2esw said:krooser said:Many folks don't realize that the present program is a non-refundable tax credit... if you don't have a tax liability equal to, or greater than the tax credit, you get zero... I know a few low income folks who are pretty tee'd off about it.
if someone has no tax liability why should they be looking to cut their taxes??? why should i have to help buy their stove???
Franks said:I cant see the right passing anything that will lower the use of fossil fuels. Hell, they could be mass producing electric cars 30 years ago if they wanted to.
Den said:I know accountants have a dozen different special terms to describe these things, but I don't see the practical difference between the gov't sending $500 to Grandma Notax vs. not collecting $500 from Joe Taxpayer. It's a $500 loss either way. A tax break is as real a subsidy as a payout. Either one amounts to "paying for other people's stoves," but there seems to be a notion here that Joe is more deserving of a subsidy than Grandma, because she lives on Social Security and no longer pays taxes. Why should anyone pay for a stranger's stove? Well, in matters concerning the biosphere, the "Me and Mine" approach has proven to yield piss poor results. I think most of us would agree that more people heating with biomass in clean-burning stoves would be a good thing, for political reasons like reducing oil imports, as well as environmental reasons. How do we get there? Are "compassionate conservatives" buying stoves for anyone? If they are, I haven't heard about it.
krooser said:stoveguy2esw said:krooser said:Many folks don't realize that the present program is a non-refundable tax credit... if you don't have a tax liability equal to, or greater than the tax credit, you get zero... I know a few low income folks who are pretty tee'd off about it.
if someone has no tax liability why should they be looking to cut their taxes??? why should i have to help buy their stove???
Some dealers sold the idea that it was a tax credit like a homestead tax credit... a refundable deal. It's not...
I don't think anyone should have to buy another person a stove... I couldn't afford a new one when I bought mine so I got a used one...
Franks said:Or wait for it to happen via common sense?
It's up to the manufacturers to help create the demand by advertising and promoting their products. You have to create the need... nobody NEEDS a new car but many WANT a new car. Same goes for every consumer item... advertising creates the perceived need...Den said:Congratulations! You gents fit the official hearth.com profile of the rugged DIY individual. Unfortunately, the country no longer grows enough of us to solve all of the problems that we face. Again, I'm saying that more people burning biomass in clean, efficient heaters would be a good thing - economically, politically, and environmentally. If you disagree, please state why. If you agree, but you don't like subsidies(tax credit = subsidy = refund, IMO) for stove buyers, then how do you suggest we get more folks to heat with biomass? Do we just wait for this to happen via the magic of the "free" market?
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