Comments on: SB 365 aims at limiting tax credits https://calwatchdog.com/2013/08/27/sb-365-aims-at-limiting-tax-credits/ Thu, 29 Aug 2013 01:49:55 +0000 hourly 1 By: eck https://calwatchdog.com/2013/08/27/sb-365-aims-at-limiting-tax-credits/#comment-35316 Thu, 29 Aug 2013 01:49:55 +0000 http://calwatchdog.com/?p=48790#comment-35316 You confuse deductions and credits. Deductions are those dollars that are not considered (rightly or wrongly), net income, usually considered to be “necessities” or costs of living or doing business. Credits are those politically targeted items that you can deduct from your tax, not your income.

However your point is well taken. The Pols want more and more of your money.

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