81. Charities would not be able to lure contributions with the promise of tax deductions. 82. Candidates can absorb that loss personally, though it cannot be claimed as a tax deduction. 83. Clinton proposes relief only for couples who take the standard tax deduction. 84. Charitable groups do not pay federal taxes and their donors may take tax deductions for their contributions. 85. Companies love them because they need not account for the grants as employee costs and because companies reap big cash flows and tax deductions as workers exercise their options. 86. Companies can get a tax deduction equal to their ESOP loan payment plus the interest, he said. 87. Congress voted this year to phase out some large tax deductions when companies borrow money from the policies. 88. Conservative pro-growth advocates say the tax deduction is appealing in many respects. 89. Confusion reigns over how electronic transactions work, how much actually goes to charity, and who, if anyone, might claim a tax deduction. 90. Consumers can also be forgiven for thinking they are eligible for a tax deduction. |