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Politics : Clinton's Scandals: Is this corruption the worst ever? -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (6779)	9/23/1998 1:42:00 PM
From: DMaA	Respond to of 13994

Jimmy predicts America will survive. Wheewwwww. biz.yahoo.com

To: Tommaso who wrote (6779)	9/23/1998 2:49:00 PM
From: Scrapps	Read Replies (2) \| Respond to of 13994

If it were an actual tax credit, that being the type where you subtract $2000 from your owed taxes...yes it is good. However, if you don't owe $2000 they don't give you a $2000 check. Also if you did the labor of installing your insulation, you may not deduct that or get credit for it...only for actual costs. The idea behind the tax credit you talk of is this. The home owner pays someone to come and insulate their home. This employs people and reduces the use of energy to heat that home. As David says...it's a form of taxation. The government has reduced energy use while creating jobs...without having to collect the funds to do it. AND the tax payer saves money on heat so he'll have more to give in taxes...plus those insulating jobs are new tax payers. As David says "Your tax break was an illusion. You paid for it and much more in higher taxes elsewhere." But it felt good didn't it.? :o)