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Exact(47)
Another proposal would give businesses a tax credit equal to a percentage of any expansion in their payrolls.
In 1998, the Canadian government instituted a tax credit, equal to 11percentt of labor costs, to encourage film and video production.
To help low-income families in particular, Mr. Obama would give a "Making Work Pay Credit" equal to 6.2percentt of a worker's first $8,100 in wages.
It's delivered in the form of a refundable tax credit equal to 10percentt of the home price, up to $7,500.
To qualify for the money, companies had put up 70 percent of a project's cost, in exchange for a tax credit equal to 30 percent.
In return, investors were promised an annual 3 percent dividend plus an annual store credit equal to 1 percent of their investment.
Similar(12)
The credit equals $6.75 an hour of work by each senior citizen.
But in recent weeks investors in its sibling, "Credit Equals Gold #2", have met a crueler fate.
As panic spread, regulators orchestrated a bail-out of the product, reassuringly named "Credit Equals Gold #1".
Combined, total consumer credit equaled $2.41 trillion, a slight 0.7 percent above a three-year low hit in September.
That aside, buying credits (one credit equals one valuation) works smoothly via PayPal and submitting items for valuation was also child's play.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com