What is a 'Tax Credit'. A tax credit is an amount of money a taxpayer is able to subtract from taxes owed to the government. The value of a tax credit depends on the nature of the credit, and certain types of tax credits are granted to individuals or businesses in specific locations, classifications or industries.
Our success or failure in building sustainable cities will be a major factor in the success of the post-2015 UN development agendaâ John Wilmoth Director of UN DESAâs Population Division. Today, 54 per cent of the worldâs population lives in urban areas, a proportion that is expected to increase to 66 per cent by 2050.
These population figures reflect the fact that the United states is an urban nation. Over 75 percent of the inhabitants live in cities, among whom more than 50 percent are estimated to be suburban. Population growth is at below-replacement levels unless immigration is taken into account.