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tax deduction
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English Dictionary: tax deduction by the DICT Development Group
1 result for tax deduction
From WordNet (r) 3.0 (2006) [wn]:
tax deduction
n
  1. a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
    Synonym(s): tax write-off, tax deduction, deduction
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