Word: deductions
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...this market of the defense industries of the world, in this competition, there are no friends," said Sneh. "Everyone is competing without mercy against everyone." That, of course, is not the way U.S. legislators see it, and a threat last week from the House Foreign Aid Committee to deduct the value of the sale from Israel's aid package suggests the White House may face growing domestic pressure to lean on the Barak and his government - not least because China itself lurks as a perennial hot-button domestic issue at election time. Israel can count on strong support in both...
BUTT OUT If you're contemplating quitting smoking, the IRS offers an incentive--should your health not be enough of one--to do so. If you itemize your deductions and pay for a program that helps you stop smoking, the IRS lets you deduct the cost. Smoking-cessation programs can range from $30 to $350 depending on the treatment. But if you choose a patch or nicotine gum, you're outta luck--no deductions for over-the-counter meds. Kicked the habit in the past three years? You could still get a refund by filing an amended tax return...
...barred from writing off on your tax return some of the money spent on necessities while others deduct the cost of their entertainment...
...recent days, the Gore campaign has attacked Bradley's health reform proposals, saying they give the wealthy loopholes to deduct their insurance, while replacing the federal Medicare program that insures the poor with less-reliable vouchers for care...
...budget signed this month by Gov. A. Paul Cellucci allows students and parents to deduct a percentage of the interest on undergraduate student loans from their state income tax. The cut exists for the entire length of the debt as long as the debtor lives in the Commonwealth...