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Word: deduces (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

Actually, it wasn't much of a bill. In its major provisions it would: 1) subject stock dividends and interest on savings accounts, Government bonds, etc. to a 20% withholding tax; 2) offer tax deduc tions of up to 7% for business investment in machinery and other productive equip ment, 3% for public utilities; 3) require that expenditures for entertainment, amusement and recreation be deductible only if directly related to the active con duct of a trade or business; 4) tighten up tax regulations for mutual savings banks, savings and loan associations, coops, and Americans investing or living abroad...

Author: /time Magazine | Title: The Congress: Putting On the Heat | 4/6/1962 | See Source »

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