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CAPPING DEDUCTIONS FOR THE WEALTHY Many wealthy Americans reap bigger gains from their tax deductions — of mortgage payments, charitable contributions and the like — than the middle class.
Limiting tax deductions for the wealthy might be more effective.
The company will reap tax deductions for the contributions.
— JOANNE C. GERSTNER Two big deductions for the 2001 world champion, Afanasyeva, on floor.
We make no deductions for the company for administration, credit card commission or anything else.
The plan allows deductions for the portion of the expenses not covered by insurance.
It would phase out special tax deductions for the elderly and close some business tax exemptions.
"The employer can take deductions for the United Way, or other organizations, but they are prohibited from collecting union dues.
The proposed law, the Paying a Fair Share Act, eliminates all deductions for the wealthy except their charitable contributions.
Under current law, employers can generally take tax deductions for the cost of providing health benefits to employees.
The bill would provide tax deductions for the purchase of health insurance by individuals not covered by their employers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com