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The mortgage-interest deduction, for example, encourages Americans to borrow money and buy huge houses.
The idea of eliminating the mortgage interest deduction, for example, has drawn fire from the housing industry and homeowners.
To suddenly cut the home mortgage interest deduction, for example, might damage the still-weak housing market.
The mortgage interest deduction, for example, saves more than $5,000 a year for the typical household in the top 1 percent of earners.
If a taxpayer has an unusually large charitable contribution or medical deduction, for example, or another matter that needs explaining, then attaching a statement and perhaps a copy of relevant documents to the return might avert questions or an audit, he said.
Henrich and Guyer both claim that Kant had two (or more) starting points for this deduction, for example.
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A lower AGI might result in greater tax relief from itemized deductions, for example, or a greater deduction from rental real estate you own.
A less rapid rise in the value of deductions, for example, would mean individuals and families would pay higher taxes.
Many states give old folks higher standard deductions or personal exemptions--for example, an extra $4,200 per couple exemption in Arizona and Michigan.
The deduction on mortgages, for example, should be termed a tax on renting; the lavish benefits provided for ethanol production should be regarded as a tax on petrol.
A sensible cap could be placed on the health insurance deduction for business, for example, and the regained revenues could be directed toward health insurance for the uninsured or to subsidize small business to provide employee health insurance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com