Word: deductions
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...American taxpayers can already earn deductions and credits in various ways: the religious types can deduct their tithes to the church from their tax returns, while married couples with children can file for child tax credits. The more environmentally minded have benefited from tax credits that essentially subsidize the purchase of hybrid cars and energy-efficient home improvements, while the poor enjoy the redistributive effects of the Earned Income Tax Credit. As such, it only makes sense that Washington provide strong incentives for every American to maintain or achieve a healthy body weight...
...answer varies upon whom one asks. Most big businesses simply eat the lost work days or deduct them from the additional vacation time employees have been accorded since France introduced the 35-hour work week in 2000. Midsize and smaller companies running on tighter budgets say they have a harder time absorbing time lost to ponts; many have begun insisting that staff return to their posts between mid-week holidays and weekends...
...major donor to a university run the gamut from increasing the admissions odds of one’s grandchildren to getting a building named after oneself. An increasing number of pundits, however, believe that universities are not fully deserving of such donations, especially since these donations are tax deductible. For instance, in an op-ed in the Los Angeles Times, former Secretary of Labor Robert B. Reich argued that such donations are not to “real charities” because they do not directly serve the poor. Consequently, he argued, donors should not get a full tax deduction...
...people even after they graduate. By contrast, my European friends are patriotic about their countries but almost completely indifferent about the colleges they attended. It comes as no surprise then that alumni in the U.S. donate more money to schools, the endowments are growing, and taxpayers are happy to deduct their donations...
...University of California, Berkeley (and President Clinton’s former Secretary of Labor) recently asserted in his Los Angeles Times op-ed that universities are often “investments in the lifestyle of the rich” and argued that donors should only be able to deduct half of their contributions to not-for-profits like colleges and operas...