Sentence examples for abolish deductions from inspiring English sources

His breadth of contacts enabled him to organize a national coalition that defeated a proposal by President Ronald Reagan to abolish deductions of state and local taxes from federal income taxes, which he and others feared would prompt corporations to flee New York in favor of the South and Southwest.

Over the past year, as taxes on beer and cigarettes have risen, tax-free overtime abolished, tax deductions squeezed and tax-band thresholds frozen, even the French have started to grumble.

Will they abolish the tax deduction for employer health plans?

States began to abolish or reduce the deduction of the benefits after the mid-1980s, when Congress amended a law that had required it.

Mr. Romney hasn't said what itemized deductions he would abolish or limit, but he has said he might cap or eliminate those deductions for high-income taxpayers.

He would consider abolishing popular tax deductions, including the one for mortgage interest.

The report notes that the most commonly discussed option for raising revenue by restricting itemized deductions wouldn't abolish them entirely but would limit their availability in some way.

Abolishing the automatic deduction would help curb the abuses that Mr Walker wants to do away with.A boss who can't say noSo Mr Walker is not completely right.

"We are calling on Pizza Express and others to abolish the unfair and unjust percentage deduction.

He said he wished that he could have imposed a wealth tax or abolish, rather than reduce, the mortgage deduction.

-Enact a tax plan that would reduce the number of income brackets, cut tax rates (particularly on the wealthy), increase the standard deduction, eliminate the personal exemption, abolish the estate tax, and cut the business tax.