Sentence examples for fixed deduction from inspiring English sources
Conesa and Krueger (2006) find that the optimal US total income tax code is well approximated by a flat tax rate of 17.2 % and a fixed deduction of about $9,400.
Axing deductions for state and local taxes, for instance, while increasing the value of a fixed "standard deduction," would result in far fewer households finding it worthwhile to deduct the amount they spend on mortgage interest.
Why not correct this by allowing taxpayers the long-term capital-gain deduction fixed under current law?
The amount of deduction was fixed at $1,000 for each dependent attending a tuition-charging nonpublic school.
The net timber revenue is obtained after deduction of the fixed costs Q t) associated with logging (including fixed taxes).
A more feasible but still effective approach would be to limit deductions for luxury skybox tickets to a low, fixed amount — say, $50 per seat, per game.
At the debate, he suggested giving middle-income Americans a "bucket" of deductions worth a fixed amount.
Instead of upping rates, instead of fixing loopholes or deductions, the politicians could instead just fix the AMT and return it to its original purpose of snaring ultra-wealthy folks who are trying to lower their tax liability on each year's tax form.
Table 2 Proxy for variables Variable Proxy used Investment Gross fixed assets additions – Gross fixed assets deductions for the year (In millions).
