The IRS contended that the interest should not be deductible because the bonds' long maturity made them a form of equity.
Executive pay in excess of $1 million shouldn't be deductible from corporate taxes, period.
"Our position is that in most cases, restitution payments made as a part of a settlement should not be deductible".
Then there's the cost of childcare – which should be tax deductible – and access to finance and red tape".
Do you think part of the cost of a box of Girl Scout cookies should be tax deductible?
We want to say to every student who wants to go to college and every worker who wants to update their skills the first $10,000 of your education should be tax deductible.
Charitable givings should be fully deductible on every American's income taxes -- and not just those who itemize their deductions, either.
Boteach, the author of the book "Kosher Sex" and host of the TV show "Shalom in the Home," raised eyebrows earlier this year when he recruited "Jon & Kate Plus 8" star Jon Gosselin to hit the campaign trail to argue that marriage counseling credits should be tax deductible.
It is a general principle around the world that interest payments should be tax-deductible: the tax is paid by the lender, not the borrower.
