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Word: deducts (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

...years. He kept a horse, too, and it followed him like a big dog. But it was the cows that stirred up the Government. The Bureau of Internal Revenue ruled that Warrington must pay income tax on his milk & butter money, but it wouldn't let him deduct the expense of feeding the cows...

Author: /time Magazine | Title: BUREAUCRACY: Fred Warrington's Cows | 10/4/1948 | See Source »

...Joseph Bennett, 26, a Navy veteran working as an investment analyst in Wall Street, and William Arrowsmith, 23, a 1948 Rhodes scholar, have been two years launching Hudson Review. As a nonprofit literary venture, they got $6,600 in working capital from friends (who hoped to deduct the contributions from taxes), and for a mailing address used the Manhattan home of Morgan's father, Sapolio Soapmaker John Williams Morgan...

Author: /time Magazine | Title: The Press: Wild Flowers | 3/29/1948 | See Source »

...require employers to deduct union dues from any envelopes unless the workers agree...

Author: NO WRITER ATTRIBUTED | Title: Over the Wire | 6/24/1947 | See Source »

Farmer Hans Schweiger explained his position last week: "My farm will yield 6,000 marks this year, from which I'll have to deduct 500 for taxes, 500 for the blacksmith, and 1,000 for seed and fertilizer. That leaves me 4,000. A pair of shoes for my wife costs me 800. I consider myself lucky when some city fellow brings me a few nails or machinery to trade in for bread and potatoes." Said Farmer Friedrich Sticht grimly: "Before the farmers starve, every single city dweller will starve first...

Author: /time Magazine | Title: GERMANY: Lord Pakenham's Prayers | 5/26/1947 | See Source »

...York, officials at the International Beauty Show figured that the U.S. woman's face depreciates at an $85-a-year clip, reasoned that she should be able to deduct facial repair costs from her income...

Author: /time Magazine | Title: MANNERS & MORALS: Americana, Apr. 14, 1947 | 4/14/1947 | See Source »

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