Alcohols capitalization examples

Periodically Congress has permitted the use of tax credits as a direct reduction from income taxes. Examples are tax credits for installing energy conservation devices, use of alcohol fuels and electric vehicles, development of orphan drugs, creation of low-income housing, and some research expenditures. Tax credits have been used historically to stimulate capital investment in the United States. Such deductions are more valuable than depreciation because they represent direct deductions from the tax bill after taxes are computed on income. 

---