Word: deductionism
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Banking sources in Australia say Bond only regained title to this Manet in the nick of time. He had bought it at Christie's in 1983 for $3.96 million and transferred ownership to the Sydney branch of Chemical Bank. Chemical then leased it back to Bond. Why this maneuver? Because...
Come now, do you really think that corporate America would grind to a halt without the T and E deduction? Either business deals would be struck in the office where they belong, or business people would continue to dine out, but pay their own way.
If they did pay their own way, eating out would be cheaper for all of us. Just like any other subsidy, favorable tax treatment artificially stimulates demand for a product and increases the price of that product. Were it not for the T and E deduction, restaurants would be cheaper...
DESPITE the obvious populist appeal of the issue, both Kennedy and Carter encountered little enthusiasm among congressional Democrats for limiting the deduction. And when former Senator Gary Hart (D-Col.) proposed cutting the deduction by 30 percent and using the savings to restore Reagan's cuts in the school-lunch...
Democrats should jump on this potent issue before the Republicans claim it. Under Reagan, both the Treasury Department and the Office of Management and Budget proposed limiting T and E deductions. If Democrats are serious about favoring the working class and opposing corporate free-loaders, they should eliminate the T...