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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: Solon who wrote (53623)11/17/2006 7:24:19 PM
From: ManyMoose  Read Replies (1) of 90947
 
Everybody who files a tax return practices tax avoidance. It's called The Standard Deduction. Home owners get to avoid taxes on the income that they spend on their mortgage interest. Patients get to avoid taxes on income they spend on medical care, over and above a minimum limit.

There's no fine line at all. It's perfectly clear, legal, and everybody does it right on their tax return. No exceptions.

Avoiding taxes by concealing income or deducting more than the legal amount is a different issue and is a serious fraud.

How do they do it in Canada?
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