Quotes of All Topics . Occasions . Authors
New Jerseyans knew that the SALT deduction cap would hurt.
I have pledged to work hard to get the state and local tax deduction cap lifted.
Once the housing market begins to recover, I would phase out the mortgage tax deduction.
Look, No Limit Texas Hold 'em is a game of reads, deduction and logic, and Allen Cunningham excels in each.
We do not learn by inference and deduction and the application of mathematics to philosophy, but by direct intercourse and sympathy.
A poem generated by its own laws may be unrealized and bad in terms of so-called objective principles of taste, judgement, deduction.
Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them.
The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.
The two operations of our understanding, intuition and deduction, on which alone we have said we must rely in the acquisition of knowledge.
Any reductions we have in upper-income taxes will be offset by less deductions so that there will be no absolute tax cut for the upper class.
The great changes in civilisation and society have been wrought by deeply held beliefs and passion rather than by a process of rational deduction.
Coal and oil lobbyists added fossil fuels to a bill aimed at helping American manufacturers, so they too could claim 'manufacturing' tax deductions.
The grand aim of all science is to cover the greatest number of empirical facts by logical deduction from the smallest number of hypotheses or axioms.
There will be a big tax cut for the middle class. But any tax cuts we have for the upper class will be offset by less deductions that will pay for it.
The precise point at which a tax deduction becomes a 'loophole' or a tax incentive becomes a 'subsidy for special interests' is one of the great mysteries of politics.
I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all.
Get rid of the preferences and the special deductions and the loopholes... and invest in getting the tax rate to a competitive level so we stop seeing companies move off shore.
Unlike every other retirement vehicle, such as IRAs and 401(k)s, you receive a tax deduction for making contributions to your HSA but don't have to pay income taxes on withdrawals.
A greater tax deduction for students is not a handout. On the contrary, it helps those who are willing to meet the challenges of higher education to invest in our collective future.
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
There are some tax expenditures that are there for very obvious and very important and very good policy reasons. Whether it's the charitable deduction or the deduction for homes, it's not a loophole.
And now, without having wearied my friends, I hope, with detailed scientific accounts, theories, or deductions, I will only say that I have endeavoured to tell just the story of the adventure itself.
I look at the idea of eliminating the state and local tax deduction as a geographic redistribution of wealth, because you're taking money from a place like New York to provide deeper tax cuts elsewhere.
Amnesty is the magnet. Other magnets that you mentioned are anchor babies who get benefits in this country and employer deductions for employees, even if they are here illegally, which Mr. King is addressing.
Congress had the opportunity to extend tax relief to working families without increasing the deficit. Instead, we were handed a bill that favors the wealthy and eliminates deductions that benefit the middle class.
The A.M.T. is a parallel system for calculating tax liability intended to ensure that high-income taxpayers pay a substantial amount in federal tax even if they have large deductions or other items to offset income.
It would appear that the number of nonsense triplets is rather low, since we only occasionally come across them. However this conclusion is less secure than our other deductions about the general nature of the genetic code.
We are approaching a new age of synthesis. Knowledge cannot be merely a degree or a skill... it demands a broader vision, capabilities in critical thinking and logical deduction without which we cannot have constructive progress.
No matter how you slice it, limiting the SALT deduction forces New Jersey families to spend even more to subsidize Americans in less economically productive states, which take more than they ever give back to the federal government.
Imposing a $10,000 cap on SALT deductions has nothing to do with thoughtful tax policy. It's simply an attack on New Jersey residents, businesses, and homeowners, and unfairly limits married couples to the same $10,000 cap as individuals.
Families in my community have seen their taxes go up because of the SALT deduction cap and as a result are questioning whether or not they can afford to live in New Jersey. The loss of the full SALT deduction puts an undue hardship on them.
He did not arrive at this conclusion by the decent process of quiet, logical deduction, nor yet by the blinding flash of glorious intuition, but by the shoddy, untidy process halfway between the two by which one usually gets to know things.
Indeed, if a chief question does remain: how is the power to think possible? - The power to think right and left, before and without, with and above experience? then it does not take a deduction to prove the genealogical priority of language.
In the 'Nude Descending a Staircase,' I wanted to create a static image of movement: movement is an abstraction, a deduction articulated within the painting, without our knowing if a real person is or isn't descending an equally real staircase.
Many tax experts say a key element to any fundamental overhaul is getting rid of certain deductions for businesses - the 'special-interest giveaways that are masked as tax breaks,' as House Republicans describe many of them in their own proposal.
Sometimes I implant thoughts, sometimes I extract thoughts, but I don't like to explain it too much. It's based on science, deduction, and reasoning - it's a bit like what 'Sherlock' does, except that's a dramatised version. I look at every clue around me.
My first encounters with faith came about the time I was a Boy Scout, at about 14 or 15. I made the logical deduction that they operate the same way; I treated my faith like earning a merit badge, and everything about Christianity was about earning merit badges.
All science is based on models, and every scientific model comprises three distinct stages: statement of well-defined hypotheses; deduction of all the consequences of these hypotheses, and nothing but these consequences; confrontation of these consequences with observed data.
We all remember the BP oil disaster in the Gulf of Mexico, the worst oil spill in U.S. history. What is less well known is that BP is claiming a 9.9 billion tax deduction on the money they had to spend cleaning up their own mess and paying for damages they caused. That is absurd.
We are blind: we cannot see God with our senses, and our deductions from what we know or are thinking about the word of God itself - how little power they have to bring us to God! We are blind, and our eyes need the touch of our Lord's hand to enable us at times to even see dimly.
If you have to change the law to get more money, that's a tax increase, and Americans for Tax Reform supports all efforts of tax reform, getting rid of deductions or credits, or something that's misclassified, as long as you at the same time reduce rates so that it's not a hidden tax.
The National Multifamily Housing Council, a trade association of apartment owners, managers, developers and lenders, has come to the defense of the interest deduction and other provisions favorable to the real estate industry, describing them as 'core principles' and promising a fight.
When we think of entitlement programs, Social Security and Medicare immediately come to mind. But by any fair standard, the holy trinity of United States social policy should also include the mortgage-interest deduction - an enormous benefit that has also become politically untouchable.
If there is one thing that most economists agree about in the realm of tax policy, it is that it's best to broaden the base of any tax, all else being equal. That means minimizing the number of deductions and exclusions from taxable income in order to lower marginal rates and reduce distortions.
Even tax breaks that are supposed to help the middle class too often skew toward the wealthy. Consider the mortgage interest deduction. While political leaders in both parties have long considered it untouchable, it actually helps those at the top of the income scale far more than those at the bottom.
I support both a Fair Tax and a Flat Tax plan that would dramatically streamline the tax system. A Fair Tax would replace all federal taxes on personal and corporate income with a single national tax on retail sales, while a Flat Tax would apply the same tax rate to all income with few if any deductions or exemptions.
In law, as in every other branch of knowledge, the truths given by induction tend to form the premises for new deductions. The lawyers and the judges of successive generations do not repeat for themselves the process of verification any more than most of us repeat the demonstrations of the truths of astronomy or physics.
Lawmakers misrepresent the facts when they call the manufacturing deduction known as Section 199 - passed by Congress in 2004 to spur domestic job growth - a 'subsidy' for oil and gas firms. The truth is that all U.S. manufacturers, from software producers to filmmakers and coffee roasters, are eligible for this deduction.
Lacking the direct test of success or failure, the voter tends to turn, not to those politicians whose measures have the best chance of success, but to those with the ability to 'sell' their propaganda. Without grasping logical chains of deduction, the average voter will never be able to discover the error that the ruler makes.
Sometimes I think that our laboratories are but little earthworks which men build about themselves, and whose puny tops too often conceal from view the Olympian heights; that we who work in these laboratories are but skilled artisans compared with the man who is able to observe and to draw accurate deductions from the world about him.