Sentence examples for full deduction for from inspiring English sources
Alabama allows a full deduction for federal income taxes, which only middle- to upper-income people pay.
It would also eliminate Alabama's full deduction for federal taxes paid, a provision that now disproportionately benefits the rich.
"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.
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.
The president would also allow companies to continue taking a full deduction for certain kinds of property purchases immediately, rather than having to amortize the expense over many years.
North Dakota and Oregon allow the full deduction of healthcare expenses on state income-tax returns.
This rule allows trustees a full deduction only for miscellaneous itemized deductions that "individuals are incapable of incurring"–taken literally, that could mean virtually no administrative cost of a trust is fully deductible.
She was able to sustain her full deduction.
The Hatch-Burr-Coburn plan also would scale back the full tax deduction for job-based health insurance, which has been in place since World War II, further than Obamacare does, and would reduce funding for Medicaid, the federal-state health program for low-income people, which Obamacare expands.
Even though the Federal government, under current tax laws, gives most taxpayers a full tax deduction for any money put into an Individual Retirement Account (IRA) or employer defined contribution plan, commonly called 401(k) plan, as an incentive to save for retirement, many people are unconvinced that this is a way to go or fail to hear the signal that the Federal government is giving.
