Word: deductionism
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Unlike Ford's proposal, the Democratic bill calls for a permanent tax cut, beginning this year, of $8.1 billion. Both the standard deduction and the minimum standard deduction, or low-income allowance, would be raised. Low-income individuals would also receive a 5% refundable tax credit. Corporate taxes would...
The pair is accused of engaging in the kind of scheme they probably would never have undertaken for anyone less than a President; it would be too easy to be found out. As the April 15, 1970 deadline approached for filing 1969 returns, the White House wanted to take a...
Bad News. The surge of bad news prodded Congress into acting faster on the economy. With little wrangling, the House Ways and Means Committee spent the week preparing a bill that provides for a total tax cut of $20.2 billion -$4.2 billion more than Ford had sought. The House measure...
¶ A rise in the standard deduction from $2,000 to a maximum deduction of $2,500 a year for individuals and $3,000 for joint returns.
A. Well, here is a problem that you have to look at. Supposing you increase the person's personal deduction in 1975. The guy who is not working doesn't get any income except unemployment. He doesn't get a shot in the arm. He may have...