Word: deductable
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...team two years ago in defeating Yale by 70 13-15 points to 64 2-15, when all the so-called track experts had predicted an easy Yale victory. Now that Allen is out with a tendon pulled the last day of practice, the Harvard advocates are forced to deduct from their total the eight points which they had hoped he would win in the 440 and 220-yards dashes today, and the result is fatal to their chances of victory...
...Limitation of deductions from gross income for interest paid and for losses of a nonbusiness character to the amount that these items exceed tax exempt income. It was the practice of the very rich to borrow money and invest it in tax exempt securities; thus they could deduct the interest from their net taxable income and also get untaxable profits from their investments. This was made illegal by the Act of 1921. The law is still easily evaded, however, because it is possible for a man to invest his regular income and borrow for his living expenses and other purposes...
...mere question of book-keeping"-the checkoff, by which operators would automatically collect dues for the union out of workers' pay. But the check-off really looms large to the union and operators. The argument of the United Mine Workers is that already the operators deduct money for store bills, rent and tools from the workers' wages. Why should they object to adding one dollar a month dues (also union fines) to their deductions'? The real motives of each side are clear. For the union, the check-off means easy and certain collection of dues and probably...
According to the story, as told in The World's Work, the arrangement did not please Paderewski at all. He directed that the two students should pay out of the $1,600 all the expenses that they had incurred, should deduct from what was left 20% for their labors, and should turn over the remainder...
Until recently Berlin's offer to put German labor at France's disposal, for the purpose of rebuilding the devastated province, and to deduct the cost from the Reparations bill has been refused by France. The French Government had feared that her labor unions would indignantly protest against the acceptance of any such prepositions. Her plan was for Germany to work at home and sell the product of her labor at a profit, a part of which would go to France as indemnity. With this money, French laborers were to be paid for rebuilding the wasted provinces. This...