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.
U.S. Cities are Home to 62.7 Percent of the U.S. Population, but Comprise Just 3.5 Percent of Land Area. A majority of the U.S. population lives in incorporated places or cities, although these areas only make up a small fraction of the U.S. land area, according to a new report released today by the U.S. Census Bureau. The percentage of the population living in cities in 2013 was highest in the Midwest and West at 71.2 percent and 76.4 percent, respectively.