The tax benefit received from a tax credit is never affected by the tax rate of the taxpayer.

Name: The tax benefit received from a tax credit is never affected by the tax rate of the taxpayer.
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Quizplus · Accepted Answer

The tax benefit received from a tax credit is a fixed amount that is subtracted directly from the amount of tax owed by the taxpayer, regardless of their tax rate. Therefore, the tax rate of the taxpayer does not affect the value of the tax credit.

The Tax Benefit Received from a Tax Credit Is Never