Describe tax credit program

Reference no: EM13181474

Congress is considering a tax credit program for those who purchase energy-efficient appliances. Proponents of the program have said that $400 million will be given directly to tax payers and argue that this will have an economic effect that is greater than the original $400 million spent because of the multiplier effect. Many voters and tax payers are not familiar with the concept of a multiplier in this sense.

Reference no: EM13181474

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