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  2. Internal Revenue Code section 212 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Internal Revenue Code § 212 (26 U.S.C. § 212) provides a deduction, for U.S. federal income tax purposes, for expenses incurred in investment activities. Taxpayers are allowed to deduct all the ordinary and necessary expenses paid or incurred during the taxable year-- (1) for the production or collection of income;

  3. Home mortgage interest deduction - Wikipedia

    en.wikipedia.org/wiki/Home_mortgage_interest...

    Canadian federal income tax does not allow a deduction from taxable income for interest on loans secured by the taxpayer's personal residence, but landlords who own rental residential or commercial property may deduct mortgage interest as a reasonable business expense; the difference between the two being that the deduction is only allowed when the property is not for the taxpayer's personal ...

  4. Alternative minimum tax - Wikipedia

    en.wikipedia.org/wiki/Alternative_minimum_tax

    Each year, high-income taxpayers must calculate and then pay the greater of an alternative minimum tax (AMT) or regular tax. [9] The alternative minimum taxable income (AMTI) is calculated by taking the taxpayer's regular income and adding on disallowed credits and deductions such as the bargain element from incentive stock options, state and local tax deduction, foreign tax credits, and ...

  5. Domestic policy of the first Donald Trump administration ...

    en.wikipedia.org/wiki/Domestic_policy_of_the...

    Drug overdoses in the U.S. 1999-2022 Trump at the 15th Annual Opioid Takeback Day. Trump nominated Tom Marino to become the nation's drug czar but the nomination was withdrawn after an investigation found he had been the chief architect of a bill that crippled the enforcement powers of the Drug Enforcement Administration and worsened the opioid ...

  6. Josh Gottheimer - Wikipedia

    en.wikipedia.org/wiki/Josh_Gottheimer

    Gottheimer has made numerous attempts to uncap the SALT deduction, such as last-minute efforts to negotiate its reduction in 2017; [248] attempts to include the deduction's restoration in Build Back Better legislation circa February 2022; [249] writing to Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig to push for a state ...

  7. Natural deduction - Wikipedia

    en.wikipedia.org/wiki/Natural_deduction

    Natural deduction in its modern form was independently proposed by the German mathematician Gerhard Gentzen in 1933, in a dissertation delivered to the faculty of mathematical sciences of the University of Göttingen. [3] The term natural deduction (or rather, its German equivalent natürliches Schließen) was coined in that paper:

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