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Deduction
Example
The tax preparer took off eligible deductions to lower the client's tax liability.
The scientist approached the problem with a rational mindset, relying on evidence and logical deductions.
He calculated his tax liability based on his income and deductions.
Countries with universal healthcare levy income-based premiums that are collected through mandatory payroll deductions.
Homeowners often find that mortgage interest and property tax deductions can help set off the overall cost of owning a house.
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