Sentence examples for expensive deductions from inspiring English sources

And although I don't have any, I understand that children are one of the most expensive deductions of all.

A much-publicized study by the nonpartisan Tax Policy Center analyzed Romney's tax plan and concluded that if he wanted it to be revenue-neutral, he would have no choice than to limit the more popular and expensive deductions, therefore raising taxes on middle-class earners.

You can soften the first U-turn by initially only ruling out the most expensive tax deductions; and you can hide the retreat on mandates in a grand presidential compromise.

The idea of making the payroll tax deductible has been considered, but discarded, in Congress, both because it is highly expensive and because deductions favor taxpayers in upper brackets.

Capping the tax deductions for expensive plans would give the federal government money to subsidize the coverage of low-income purchasers.

But the three largest are as popular as they are expensive: the mortgage interest deduction has cost about $75 billion a year recently, the employer deduction for health care has cost $120 billion a year, and the charitable-giving deduction has cost $38 billion a year, according to the bipartisan Joint Committee on Taxation.

Some corporate watchdog groups, and a few members of Congress, call the corporate tax deduction an expensive loophole.

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.

Still, the high earners living in expensive areas are able to take deductions that reduce some of their federal tax burden.

The proposed tax deduction would be ineffective, expensive and stacked in favor of high-income families.

For instance, the home mortgage interest deduction costs the Treasury about $100 billion a year in lost revenue, and effectively encourages the mostly affluent families who itemize deductions to buy a more expensive home.