Word: deductionism
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The Last, Full Measure ... In Middletown, N.Y., a patriotic citizen, after drinking two quarts of blackberry wine and half a quart of gin every week to help ease the water shortage, complained bitterly that the State Tax Bureau had rejected the deduction on his income-tax return.
Overhead. In Albany, N.Y., a storekeeper got a federal income tax deduction for "Food for kittens to catch the mouses in the store."
Yes, My Darling Daughter. In Newark, Internal Revenue Collector John E. Manning denied a tax deduction to a young woman after he found that for the third year running she had reported losing $5 bathing suits while swimming in the ocean.
The bulk of the plan's financing would come from a 3 percent payroll deduction which could be split between employee and employee. Like any insurance plan, the premium would be written in view of the risk and if profits accumulated the participants could get a rebate or a rate...
Vital Deduction. Drs. Ivy and Krasno reason that if the eye's arteries are narrowed, as shown by the flicker test, it is probable that other arteries, including those of the heart, are similarly affected.