I have a solar roof that cost the last of my TSLA stock, ~$65,000: TSLA stock $0 dividends 30% capital gains or $65,000 * 30% = -$19,500 tax on sale Solar roof 14.1 kWh / day, January 2025 winter case: 14.1 * $0.12 = $1.69 day tax free $1.69 * 365 = $616.85/year, tax free Tax credit 30%: $65000 * 30% = $19,500.00 credit on purchase Moving my TSLA stock into a solar roof while the tax credit existed is projected to save nearly $620 per year in untaxed, cost avoidance. A no dividend stock has become a cost saving, tax-free success. To take home $620 per year, I would have to earn at least 14% more, average tax rate, to pay the taxes: $620 * 114% = $706.80 income earned Bob Wilson
Tax credit...... Proof positive that solar still has a 'promising future' - otherwise? It would be a tax BURDEN.
I'm still a working stiff, and only a partial burden to society as a military retiree. 'Per Diem' is what I'm concentrating on......
I disagree on the 'burden to society' part. Let any of these flabby sociopath hypocrites naysaying VA bennies, go thru boot camp in any of the services, as that's what they'd have to do (or their sons / daughters) if you or I didn't go in their place. Least they can do is look after our health problems in geezer years -- as that's the only 'burden' I'm declaring And you as a retiree: this non-retiree envies you the ability to fly MAC anywhere those C5s and C17s go. Bit of a wait sometimes... but free airfare's a pretty good deal for us mils and exes. When I flew RMS --> DOV on leave one summer... could get a little box lunch for your flight for $10. Bottle of water (remember when you could do that on all flights?) and were set for the 9-hrs atop the tail in a webbing seat, able to see the cargo floor thru a grate, ~20 ft below
