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He has called for putting a cap on the value of itemized deductions, like charitable contributions.
Despite Studer's worries, she still welcomed the move to remove the "artificial" cap on the value of the franc.
A bipartisan amendment being offered in the Judiciary Committee would place a $100,000 cap on the value of a home that can be shielded from creditors.
The SNB shocked foreign exchange markets last September when it imposed a cap on the value of the franc against the euro to stop the currency soaring and thereby hurting Swiss exporters' earnings.
"Implementing a cap on the value of credits claimed could help to support smaller rural and regional businesses that may incur higher fuel costs as proportion of total business expenses," the report said.
This year, Congress lifted to nearly $730,000 from $417,000 the cap on the value of mortgages — the so-called conforming loan limit — that the companies can purchase.
Similar(48)
But there are also left-wingers accusing Osborne of describing the economy in Orwellian terms, there are Tories accusing Cameron of being Orwellian and employing "low political calculation" for promoting equal rights, there are Republicans accusing the NHS of being Orwellian for imposing financial caps on the value of human life.
Caps on the value of homes or other deductible assets (particularly for second homes) would help level the playing field.
Specifically, a cap is a ceiling on the value of the startup (i.e., a maximum dollar amount) for purposes of determining the conversion price of the note — which (like a discount) thereby permits investors to convert their loan, plus interest, at a lower price than the purchase price paid by the Series A investors.
Place back the cap on the valve.
The first option outlined by civil servants is "to set a cap on the maximum value of support per user".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com