Phase-outs, floors, and caps

Article Abstract:

IRC provisions on phase-outs, floors and caps contained result to taxpayers paying more due to higher effective and marginal rates. Phase-outs deny portions of deductions, exclusions or tax credits when the adjusted gross income surpasses particular thresholds. Floors are limits above which expenses are deductible while caps are thresholds below which expenses are deductible. Itemized deductions influence vulnerability of taxpayers who itemize to higher taxes due to floors. Taxpayer status and income level may also result to increased taxes due to phase-outs and caps. Higher taxation can be abated through three different methods: modification of the timing of recognition, modification of the method of reporting and modification of the total amounts of taxable income.

Methods, Laws, regulations and rules, Column, Tax administration and procedure, Tax administration, Tax planning, Revenue

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What makes Billy Joe Run: there's never a shortage of fringe presidential candidates. But this year, their far-out platforms don't seem so far out

Article Abstract:

The seemingly absurd ideas such as the flat tax, and family values, which fringe candidates use to espouses are now a part of the rhetoric of the Republican Party. The profiles of the presidential candidates include: why they are running, platform, and possibile snags to winning the election.

Political activity, Elections, Presidential candidates, 1996 AD, Clegg, Billy Joe, Harder, Heather Anne, Howard, Millie, Shellenburg, Tom, Browne, Harry, Daniels, Bruce, Paulson, Pat

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Take a walk

Article Abstract:

A number of walking and hiking trails in the country is presented. The Shenandoah Valley, VA, is a 195,000-acre wilderness suitable for hiking, walking and horseriding. The southeastern canyons of Arizona offer a cool climate and different hummingbird species for the birdwatchers.

Description and travel, Recreation, Shenandoah National Park, Virginia, Walking, Superior National Forest, Minnesota, Green Mountain National Forest, Vermont

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