Your English writing platform
Discover LudwigExact(1)
In exchange, that same deductibility would extend to the individual market, reducing a perverse and inexplicable disparity with employment-based plans.
Similar(59)
But others, like deductibility of charitable giving, may be worth keeping.
Since contributions are made with pretax dollars, it's essentially the same as tax deductibility for an IRA contribution.
There are two choices: reduce or eliminate interest deductibility or introduce some deduction for equity.
So if you are a homeowner, you would lose out even if your tax payments remained the same under a tax reform that eliminated the deductibility of mortgage interest.
To be more conservative, estimates of tax deductibility should subtract the standard deduction from mortgage interest paid.
Take the income level down to $100,000, remove the deductibility, and that will generate an additional $60 billion per year in revenue, according to the same testimony.
He said the rules on tax deductions set by the tax office were "in line with business expense deductibility".
If the deductibility of the HSA is attractive, making all health insurance premiums fully deductible is more so.
Restaurants want increased deductibility of business meals.
(The same goes for Mr Gore's invitation to 55- to 65-year-olds to buy into government insurance).Mimicking the tax-deductibility of employer-provided health insurance is also a step in the wrong direction for both plans.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com