Sentence examples for eliminating deductions from inspiring English sources

Neither report had much impact, because eliminating deductions and exclusions is politically treacherous.

Almost all revenue-raising proposals hinge on eliminating deductions, rather than raising marginal rates.

We will do this primarily by broadening the tax base, eliminating deductions for mortgage interest and state and local taxes.

A major topic under discussion is the Republican idea of lowering rates while eliminating deductions and loopholes, hoping to achieve a flatter, less complex tax system.

Mr. Giuliani said that a central part of the proposal, eliminating deductions, would hurt taxpayers in urban areas and reduce tax revenues for populous cities and states.

Republicans propose raising revenues by closing loopholes and eliminating deductions, which is appealing for some of the same reasons a flat tax is appealing: it has the virtue of simplicity.

Ms. Ross noted that to help close this year's gap the budget would temporarily eliminate deductions businesses can claim on losses.

Congress is working on an overhaul of the tax code that seeks to eliminate deductions and credits, including these tried-and-true programs.

That law eliminated deductions on interest payments on credit cards and on loans to buy cars and many other worldly goods, but continued allowing borrowers to deduct interest for loans on which their property was put up as collateral.

That is because it reduces or eliminates deductions taxpayers take for themselves, for their children and for state income and local property taxes, as well as some medical bills.

Mr Lew would prefer anti-inversion measures to be part of a bigger reform of corporate tax, which would lower the top rate, thereby reducing the incentive to invert, and eliminate deductions.