Sentence examples for full deduction from inspiring English sources

Alabama allows a full deduction for federal income taxes, which only middle- to upper-income people pay.

Now, even if the full deduction is restored, it may be too late to reap the benefits.

It would also eliminate Alabama's full deduction for federal taxes paid, a provision that now disproportionately benefits the rich.

But, oddly, there was one strategy that Mr. Romney did not use — a full deduction for health insurance premiums that is available to most self-employed people.

The campaign said that Mr. Romney's tax liability would have been far lower in 2011 had the Romneys claimed the full deduction for their charitable contributions.

"By granting the full deduction for money simply being set aside, the government is telling donors that they need not do anything else," Madoff says.

I'm saying don't buy just for the tax reasons". Many homeowners also do not receive the full deductions from home ownership.

Economists believe this category will show strength as companies respond to tax changes intended to spur spending in this area by allowing businesses full deductions on capital equipment purchased this year.

The department said the new policy would not affect Pennsylvania's revenues in the long run because companies would simply be taking full deductions now, rather than spreading them out over several years.

* Full deductions would be permitted for mortgage interest payments on up to two homes, charitable contributions by taxpayers who itemize deductions, and state and local income and property tax payments.

But forgoing the full deductions available to him put him at odds with his own past assertions that he had never paid more taxes than he owed and his statement that if he had done so, "I don't think I'd be qualified to become president," as he put it to ABC News in July.