deduct

Blumenauer proposes to change the law to allow dispensaries to deduct expenses and thus retain more of their earnings.
Tax Cuts for Pot Law-Breakers?|David Frum|September 13, 2013|DAILY BEAST
Or rather, they allowed it, but they wouldn't let you deduct any payments into an already overfunded plan.
How the IRS Wrecked Your Pension|Megan McArdle|May 9, 2013|DAILY BEAST
That's because they can deduct it--and you don't have to pay taxes on it.
Our Tax Code is Too Complicated. Here's How to Simplify It.|Megan McArdle|April 15, 2013|DAILY BEAST
They get that they are permitted under current law to deduct the interest they pay on their mortgages.
Michael Tomasky on Mitt Romney’s Sham Economic Plan|Michael Tomasky|September 25, 2012|DAILY BEAST

Firms can deduct their business investments, and households pay no taxes on interest, dividends and capital gains.
A Consumption Tax for Romney|Noah Kristula-Green|August 23, 2012|DAILY BEAST
It's time to allow families to deduct the interest they pay on student loans.
Complete State of the Union Addresses from 1790 to 2006|Various
He prefers to accept our estimate of the interval as authentic, and to deduct each hour as it passes.
When Ghost Meets Ghost|William Frend De Morgan
He does it willingly, but the master has power to deduct it from his wages in the name of the Guild.
A Tramp's Wallet|William Duthie
So I propose allowing all taxpayers, whether they itemize or not, to deduct their charitable contributions.
Complete State of the Union Addresses from 1790 to 2006|Various
We pay income tax on all our earnings, and deduct from our gross profits.
Readings in Money and Banking|Chester Arthur Phillips

British Dictionary definitions for deduct

deduct

/ (dɪˈdʌkt) /

verb

(tr) to take away or subtract (a number, quantity, part, etc)income tax is deducted from one's wages

Word Origin for deduct

C15: from Latin dēductus, past participle of dēdūcere to deduce

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

deduct

verb (used with object)

verb (used without object)

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verb

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