The word "deductions" is correct and usable in written English.
It is used to refer to a process of reducting something, such as taxes or money, from an amount due. For example, "We used deductions to reduce the amount of taxes we owed for the year".
Claiming that (largely) unnamed deductions are going to make your tax plan revenue neutral is pretty lame.
Another $845m over four years will be collected from changes to the way work-related car expense deductions are calculated.
From rifling through the murder scene to studying forensics and testing deductions, it sucks you in.
Governor Romney and running mate Paul Ryan have said that tax cuts in their plan will be covered by ending certain deductions and by economic growth.
True, Iraq is allowed to sell some oil and spend the proceeds, under UN supervision, on food, medicine and other humanitarian supplies, once deductions have been made to compensate Iraq's victims and pay the UN's expenses.
Politically, it may not be feasible to abolish the most expensive and popular income-tax deductions, such as those for mortgage interest and health care.
But it is riddled with deductions and loopholes, most of which favour the wealthy, so it is both less progressive and much less efficient than it could be.
However, you did not explain how the allowance of tax deductions for "people without health insurance" would be less inflationary than allowing tax deductions for "people in higher tax brackets [who] derive the biggest benefits".
Eager to find jobs for up to 1m public workers he plans to fire, he has carved out exemptions from the social-security tax and twice increased the scope for deductions.
He would consider abolishing popular tax deductions, including the one for mortgage interest.
Even as it cuts its corporate-tax rate, Germany is limiting deductions for interest payments for highly indebted companies.Mr Obama's campaign has a populist tinge.
