Word: deductionism
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Among Cullmann's most provocative topics is the Christian view of the state, which was the subject of his four lectures at Union last week. The attitude of Christianity toward most modern problems, says Cullmann, can only be found by deduction from the principles of the New Testament, but...
Japanese tax collectors are doing their share to discourage good business relations. They have started disapproving the 50% Japanese income-tax deduction formerly allowed Americans working for U.S. firms investing in Japanese business.
TAX RETURNS will not have to be filed by some 40 million wage earners, if the Internal Revenue Service has its way. The bureau has worked out a system under which employers would report quarterly on amounts withheld from each employee's pay, and the Government would bill the...
Multer's proposal, on the other hand, would cut deeply into Treasury revenue by allowing parents to deduct from taxable income the total college expenses of their children. The bill also would discourage the very industry that last year's law promotes. Few middleclass students would strain to help pay...
1. Gifts to churches, conventions or associations of churches, educational organizations and hospitals can be lumped in a new category, tax-free up to 10% of gross income. The regular 20% deduction for charity can be applied to other kinds of donations, such as Community Fund, Salvation Army, etc. Thus...