Word: deductionism
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HEW now proposes that no student can declare his independence unless his parents have not claimed him as a tax deduction for two years; further, he may live at home for only six weeks during the year he receives aid as well as the year prior to his grant. HEW...
>Limiting deductions that individual taxpayers may take for interest. Carter has dropped any idea of ending the popular deduction for interest on home mortgage loans. But he is considering placing a ceiling on the total amount of interest-on mortgage loans, car-purchase loans, department-store charge accounts-that a...
If population control is so important to the future of the earth, why do U.S. citizens get a tax deduction for each new energy guzzler they bring into the world?
The bill will cut taxes moderately for some 47 million lower-and middle-income people by generally increasing and simplifying the standard deduction for taxpayers who do not itemize deductions. Under present law, the deduction ranges from $1,700 to $2,400 for single people, from $2,100 to $2...
Such pyrotechnics fizzle as often as they go off, but Berger gets steady comic mileage out of built-in absurdities. Since the detective is clearly the butt of a massive finagle, nothing he meets is what it seems to be. An apparently moronic cop nabs Wren with an abrupt display...