Sentence examples for deductions without from inspiring English sources

The political appeal of a proposal that limits deductions without actually naming any — inciting the powerful interests and lobbyists that support them — seems obvious.

If Mr. Boehner had used a calculator, for example, he would have discovered it is impossible to produce $800 billion in revenue from eliminating deductions without severely curtailing the deduction for charitable donations, which is vital to the nonprofit sector.

But, as it turned out, the President was not about to trim Social Security benefits and end popular tax deductions without Republicans in Congress agreeing to do the same.

Without even consulting him — Cantor said the two hadn't talked — the G.O.P. leadership in the House appears to have jettisoned the second half of his pledge — the one that rules out eliminating of tax deductions without offsetting tax cuts.

If we just cap deductions without the charitable carve-out, then people will take the mortgage deduction, which is structurally baked into their budgets, and since charitable giving is a year-to-year choice, they will reduce their giving as the deductibility goes away.

But what you can't do is spend $2 trillion in additional military spending that the military is not asking for, $5 trillion on tax cuts, you say that you're going to pay for it by closing loopholes and deductions without naming what those loopholes and deductions are, and then somehow you're also going to deal with the deficit that we've already got.

It is not possible to cut tax rates and preserve the mortgage deduction without adding to the deficit.

"It's the only form of compensation where a company can get a deduction without having to come up with cash".

"I can time when I generate my charitable deduction without having to release the money directly," said David Ratcliffe, director of the Merrill Lynch Center for Philanthropy and Nonprofit Management.

Robert Pozen, a senior lecturer at Harvard Business School and the former chairman of MFS Investment Management, said that approach was a logical way to reduce the cost of the deduction without discouraging people from buying homes.

"People have to be careful about trying to take a deduction without a good, strong appraisal that supports it," says Thompson Mayes, deputy general counsel at the National Trust.