The Federal Tax Credits Blog

Posts Tagged ‘green’

Question: energy efficiency tax credit?

I filed my 2010 taxes through turbo tax and went for the up to $1500 tax credit for replacing household windows, doors, etc. now i had a new energy efficient heat pump and outside condenser put in, it cost 5500 roughly. but all i got back from taxes was $54.00. anyone know as to why?
The heat/AC is the only thing i have done to my home. i havent replaced any windows or doors

Answer: There’s a lifetime credit amount. Your windows used up almost all of it previously

Firm harnesses ambient energy

LARAMIE – Imagine a house that has no energy bills, a house that is off the grid and powered by natural resources – sun and wind.

Understanding Geothermal Heating and Cooling with GeoComfort

Question: Can someone explain the apparent american infatuation with tax breaks?in light of our crumbling infrastructure?

Is there a disconnect somewhere?

depleted military, health care issues, porous border, need of renewable energy, soon to be bankrupt social security etc..
???

Do you think americans are delusional???
and believe in ignoring spending money on things that are really needed unless its just an ouright emergency and even then just pay for it on a credit card???
thanks sewious..for helping make my point…about americans being delusional. “the military and border are the only things that need our collective attention” LMAO…ROFL.
whose collective attention do other things require? Martians???

Answer: That’s because the private sector is what runs the economy, and not the government. Private spending vs. Govt spending.

Government can’t help the economy by “spending money on thigns that are really needed”. This spoiled generation always thinks there is something we NEED to buy or spend money on. The best thing government can do with the money it steals from the public is to give it back to them and let them control how it is spent, the public always does a better job spending money than the government. Did you know that out of ever dollar spent on welfare, only 20 or 30 cents actually go to those who need it? Whereas in a church, at least 90% goes to people who need it.

The only big things the government really needs to spend money on collectively is the military, schools, and roads. And even many libertarians don’t support publicly funded roads and education.

There is nothing wrong with the govt giving money back to the people, in fact it is the right thing to do. Especially when you have a government who mismanages how money is spent. The sooner the public has money to spend, the sooner the economy will get back in shape. There are also a lot of other factors, obviously, but the bottom line is businesses need buyers.

Boy Wonder

Senate votes to repeal ethanol tax credits

The Senate voted Thursday to repeal tax credits for producing ethanol, a vote that budget cutters hope will demonstrate a growing appetite in Congress to end special interest tax breaks to help reduce government borrowing.

Mayor Lewis of Gilbert, Arizona – Attracting Renewable Energy Companies -buildaroo.com

Builders Push ‘Green’ to Stand Out in Foreclosure-Filled Market

In the 20 years Ron Betenbough’s company has been building homes in west Texas, he’s always been willing to compete on price. Now, in a market crowded with cheap properties, he’s also touting environmentally friendly construction and energy-saving features.

23. Renewable Energy Policies

Reportlinker Adds Solar PV Inverters – Global Market Size, Price Analysis, Regulations and Competitive Analysis to 2020

Reportlinker.com announces that a new market research report is available in its catalogue:

Bioenergy Company’s Expansion Brings More Jobs, Clean Energy to Northern BC

Stay cool for less

Warmer weather means relief from the high cost of heating your home. Enjoy it while you can.

$1500 Tax Credit