Word: deductionism
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A one point deduction means that a campaign's $100 spending limit is reduced by $1. For every 10 penalty points, a candidate is assessed an additional $10 "fine"--meaning that 10 points in violations equals a loss of $20 in spending.
'TIS THE SEASON: TAXES AND GIVING O.K., so you're not Bill Gates, and you don't have a charity named after you. But you could start a "poor man's foundation." Such charities, better known as donor-advised funds, allow investors to make irrevocable contributions with relatively low minimums...
For America's $30 billion-a-year gambling industry, the system has worked nicely. When some members of Congress tried to end the individual income tax deduction for gambling losses, key Republicans and Democrats buried the measure. Twice. Now casinos want to kill the legislation outlawing betting everywhere on collegiate...
Maine, California, Colorado and Illinois allow you to invest entirely in stocks. New York gives residents a tax deduction for up to $5,000 in contributions each year. Louisiana will match some contributions by residents. Hurley offers more details about various plans on his website, www.savingforcollege.com
Both Holders and ETFs are tax efficient. You decide when to sell so you'll never get smacked with a surprise capital gain. With Holders, you also have the option of weeding out losers and taking a deduction while keeping the rest. For steady, small-dollar investing, you still can...