Word: deductionism
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Dates: during 1990-1999
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Last week, the Massachusetts State Senate voted unanimously to become the first state in the nation to create a tax deduction for families and graduates who pay interest on student loans.
Then, just as that deduction was sinking in, Starr reversed himself and decided to stay on as counsel indefinitely. "I think there was a fairly broad-based sense that I had made a mistake," Starr said by way of explanation. But the damage had already been done. "He spilt the...
We are pleased to note that the Clinton budget does well by American laborer-citizens. One of the president's proposals is for a tax deduction of up to $10,000 for post-secondary school education and training. This tax break couldn't be more beneficial to average Americans who...
* Create a $10,000 tax deduction for all post-secondary education;
WASHINGTON, D.C.: President Clinton sent Congress a $1.69 trillion 1998 budget package Thursday containing much that even Republicans will find to their liking. The White House maintains that it is setting a course that will produce not only a balanced budget, but a modest surplus by the year 2002. Taking...