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In "Please Don't Mess With the Charitable Deduction" (Economic View, Dec. 16), Robert J. Shiller was wrong to be seeking the deduction's preservation, and here's why: I gave $500 to Planned Parenthood this year, but I'll get about $125 of that back at tax time next year.
Central to their arguments is the long-hallowed deduction's value to the middle class.
Instead, wealthy Americans take home a disproportionate share of the deduction's benefits.
In addition, their income tax rates are lower, so the deduction's benefits can be even less — sometimes zero if they pay no taxes.
So why not have plaintiffs' lawyers make jurors aware of the tax deductibility of punitive damages, and teach them how to adjust their awards to offset the deduction's effect?
The bill would increase the deduction's value for a family to $24,000.
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While Aura and Missing ask you to use your brain as a tool for logical deduction, Midway's Psi-Ops: Mindgate Conspiracy enlists the brain as a blunt weapon for crushing and incinerating opponents.
Better known for his precise turn of phrase and uncanny powers of deduction, Arthur Conan Doyle's fictional detective is now a fashion icon, with top designers channelling his distinctive look and retailers reporting a flood of customers queuing to emulate the distinctive detective.
If we focus on just the simplest kinds of deduction, Aristotle's procedure comes quickly into view.
Having begun the season with a 10-point deduction, Coventry's seventh win in 13 League One games this season moves them to 14th in the table, while Orient remain top on goal difference.
"Access would be more difficult, cost would increase by losing the current tax deduction, physician's education and research opportunities would decrease.
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