Words similar to deductions
Example sentences for: deductions
How can you use “deductions” in a sentence? Here are some example sentences to help you improve your vocabulary:
The Wall Street Journal "Tax Report" says more and more "not-so-wealthy" people are getting hit with the alternative minimum tax, which was designed to keep the wealthy from dodging federal tax entirely through the artful use of deductions, credits and the like.
The companion USAT news section cover story reports that 95 percent of respondents to the paper's poll on the topic say they want a change in the system, and yet a majority of them do not support either the flat tax or the national sales tax--and want to retain deductions for home mortgage interest and charitable contributions.
Although deductions for lower-income taxpayers appear to yield a greater net increase in national saving because they are less costly for the government, they also offer relatively less incentive for lowerincome families to save.
Gephardt would get rid of all deductions except those for home-mortgage interest, charitable contributions, and state and local taxes.
A few more years of CPI overestimation, and tax brackets and indexed deductions will be pushed so out of whack with reality that only a tiny percentage of Americans will ever encounter the progressive-tax system.
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