Word: deductionism
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When Terry Neese cuts her charity checks each year, she's thinking about more than a tax deduction. One beneficiary, the March of Dimes, has deep personal significance for her. Neese, 54, learned of birth defects firsthand when her grandchild Emily, 8, was born with one arm shorter than the...
Bush also makes it sound as if small businesses currently get no tax deduction for anything they spend in excess of $25,000 a year on equipment. In fact, just like big businesses, they can depreciate as much new equipment as they wish. That means spreading the deduction over the...
TRUDI RENWICK: How would you deal with a mortgage-interest deduction?
BRADFORD: You shouldn't have an interest deduction in my ideal system. It would slowly go away as you move from one system to the other, if the politicians could stand the heat.
SOLOT: Unmarried couples can take care of many of the most important financial and legal issues by filling out the right papers and preparing the right documents. But there are some things that you just can't get around; there's no way to get access to those things without...