Sentence examples for effect of the deduction from inspiring English sources

That is, the effect of the deduction is to allow some individual choice as to what receives public support, rather than having this decided entirely by Congress.

So, the big effect of the deduction is inflating the market for McMansions.

To understand the effect of this deduction, imagine if you could deduct the interest you pay on your debt.

Much of the current focus on the cost of the charitable deduction and the mortgage interest deduction stems from the fact that the government can easily calculate the effect of these deductions on the federal budget.

With several forms of government subsidy also supporting housing, it's hard to single out the effect of the mortgage deduction.

(Both of these figures include the effect of the itemized deduction giveback).

They paid billions more on short-term gains distributed as "dividends," taxable at ordinary rates up to 40.8% (including the effect of a deduction give-back).

Nov. 7, 2017, 3 14 p.m. Rep. Dana Rohrabacher downplayed the effect of the lower mortgage interest deduction in the GOP tax bill Tuesday, saying that people who buy homes in the future will make up a small number of voters.

As we mentioned above, a reform in 2003 increased the tax deduction applied based on the number of children and the tax deduction for each child aged less than three years old.12 According to Azmat and González (2010) the effect of the increase in child deductions on mothers' employment was negative.

Typically, you would deduct donations made in 2010 on a 2010 return, and wouldn't see the effect of a charitable deduction until filing a 2010 return in the spring of 2011.The Senate expects to introduce an identical bill on Wednesday, and could move it immediately by unanimous consent.

But many families can wring even more tax savings from a 529 by investing it all along in taxable bonds whose interest would otherwise be taxed at a federal rate of up to 40% (including the effect of an itemized deduction clawback)–and holding index funds or individual stocks in their taxable accounts, says Yale School of Management professor Matthew Spiegel.