Sentence examples for deduction credit from inspiring English sources

But doing so might be politically infeasible and hugely unpopular, because it would involve wiping out nearly every deduction, credit and preferential rate those affluent households claim.

It is practically impossible to find a Republican willing to put a specific tax preference — exclusion, deduction, credit or loophole — on the table for elimination.

L. 107 16, § 401(g)(2)(C), in heading, substituted "deduction, credit, or exclusion" for "credit or deduction" and in text, substituted ", credit, or exclusion" for "or credit".

Section 269 gives the Secretary the authority to disallow a tax deduction, credit, or other allowance when an acquisition was made to avoid income tax.

Anse Chastanet in St .Lucia, for example, is offering a $100 "fuel deduction credit" to guests who book in August and stay five nights or more by Oct. 31.

The Secretary shall prescribe rules which reallocate items of income, deduction, credit, exclusion, or other allowance to the extent necessary to prevent the avoidance of tax imposed by reason of this paragraph.

Of course, all clamor for details on which deductions, credits or incentives will be eliminated.

For instance, what makes the tax code so complicated are the myriad deductions, credits and exemptions.

Each of the various bipartisan deficit panels has called for a big reduction, saying such breaks — exemptions, deductions, credits and other loopholes — are inefficient and unaffordable.

Economists prefer the term "tax expenditures" to designate exceptions to a normal tax system, be they exclusions, deductions, credits or special rates (such as on dividends).

Households with adjusted annual gross incomes over $1 million would prepare their taxes as they do now, with all the deductions, credits and loopholes intact.