Word: deductionism
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Here's how. To make health care more affordable, Bush wants to create a standard deduction for health insurance like the one offered for dependents. Families with private health plans would have their first $15,000 in earnings exempt from taxes (for individuals, it's $7,500). The idea, Bush...
For starters, Bush's staff says his plan would reach just 3 million to 5 million of the 47 million uninsured. If that's what this White House calls "bold," it's hard to know what "inadequate" would look like. Moreover, there's a real risk that Bush's deduction...
Grassley asked whether those donors “should be allowed to take a charitable deduction if they did not appear to have a charitable intent, but instead was given for the purpose of a personal benefit, mainly to get their children accepted.”
What’s also unfair is how this has become a Rorschach test for supporting gay rights on campus, whereas the ROTC issue really isn’t about gay students at all. If it were, you’d see more antipathy toward the Internal Revenue Service when...
The only glum faces in the art world belong to museum directors, who because of a new tax law may have a harder time obtaining these treasures. Tucked into the Pension Protection Act, which President Bush signed into law in August, the law imposes stricter limits on the popularly used...