Word: deductionism
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WHAT ABOUT TAX DEDUCTIONS? Donations to overseas charities aren't deductible. If, however, the group has U.S. operations--and tax-exempt status (you can check at irs.gov see Publication 78)--you're in the clear. Gifts made to tsunami-specific funds by the end of January may be deducted from...
BUSH His plan relies on "health savings accounts," which would shift some of the costs of health care to the consumer. Insurance would still pay for major medical expenses, but these accounts, funded by a tax-free deduction on a worker's paycheck, would cover routine care.
Everyone wins. The donors get a tax deduction, and the recipients have money to further their community programs. "Social Security may be a hotly debated topic," says Conover, "but what we're doing with it transcends politics. Our goal is to take what is seen as an entitlement and use...
Will hybrids go mainstream? Detroit economists are skeptical, arguing that it would take $4-per-gal. gas to significantly shift new-car buyers toward hybrids or other more fuel-efficient cars. The new hybrids will probably be priced a few thousand dollars above their conventional cousins; about $2,500 is...
*IF YOU HAVE A CHOICE, DRIVE THE CIVIC INSTEAD OF THE EXPLORER ON SHORT TRIPS. Ultimately, fuel efficiency is the key to your overall cost. When it's time to buy, consider hybrid cars that combine an electric motor and a gasoline-powered engine. Car manufacturers are offering more of...