Good article on heat pumps in Maine in today's New York Times

[L00k4ward]

Originally Posted by G1..

How is a "Tax credit" subsidizing his heat pump , tax payers aren't on the hook for anything. It's your choice, if you want the credit it's there for you just buy an efficient heat pump, if you don't keep your oil fired boiler. Not a shot at anyone ,seriously just asking.

Of course the taxpayers subsidize these programs and in fact as a taxpayer I actually pay twice:
- first to the government as income and other taxes - where do you think those tax credits come from?
The governments (including local) are taking it from the taxpayers and puts it in the efficiency programs.

- second time I am charged monthly:
On my bills from the utility there is a separate line for energy efficiency.
Every month.

There is no free money; they have to come from the taxpayers and they do.

[G1..]

Originally Posted by L00k4ward

Of course the taxpayers subsidize these programs and in fact as a taxpayer I actually pay twice:
- first to the government as income and other taxes - where do you think those tax credits come from?
The governments (including local) are taking it from the taxpayers and puts it in the efficiency programs.

- second time I am charged monthly:
On my bills from the utility there is a separate line for energy efficiency.
Every month.

There is no free money; they have to come from the taxpayers and they do.

Isn't the person buying the heat pump a Tax payer?

[G1..]

Originally Posted by Submariner

And yet it happens.

We have a friend who got a replacement furnace and a new roof using 'emergency' COVID funds.

The plannedemic has been a goldmine for lots of folks.

So they stole the covid funds is what you're saying.

[mainegrl2011]

Originally Posted by 7th generation

So why should tax payers be on the hook to help pay for it? I need a new oil fired boiler and don't expect my neighbors to subsidize it.

There are various kinds of tax credits, the child care tax credit, earned income credit as examples. A consumer finance college professor told my class that the tax laws are there. If you overlook one that will help you, that is your choice and/or your ignorance. I don't necessarily agree with all the tax credits that are offered. I don't agree with everything the government does. Given a choice, I would prefer to have my tax dollars go to certain tax credits for U.S. citizens than to feed and house people who entered this country illegally.

Tax credit links
https://www.cbsnews.com/news/9-tax-c...axes-for-2023/

http://www.maine.gov/revenue/taxes/t...me-tax-credits

[roadrat]

Originally Posted by G1..

Isn't the person buying the heat pump a Tax payer?

Not necessarily, A sizable chunk of people in this country do not pay taxes.

[Submariner]

Originally Posted by roadrat

Not necessarily, A sizable chunk of people in this country do not pay taxes.

The last I saw it was pegged at just over 50%.

[Submariner]

Originally Posted by G1..

LOL, yeah no. Give us a legitimate link for those numbers.

Are you not allowed to use google?

[Submariner]

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