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step-down vs tax credit

tax credit vs step-down

step-down and tax credit both are nouns.

Word NounAdjectiveVerbAdverb
step-down Yes No No No
tax credit Yes No No No
As nouns, tax credit is a hyponym of step-down; that is, tax credit is a word with a more specific, narrower meaning than step-down:
  • step-down: the act of decreasing or reducing something
  • tax credit: a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)
step-down (noun) tax credit (noun)
the act of decreasing or reducing something a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)
Difference between step-down and tax credit

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