Deductions and Loopholes

Tax revenue has become central to the deficit debate in Washington right now. Pulitzer-Prize winning journalist David Cay Johnston, Reuters columnist, and author of the forthcoming book The Fine Print: How Big Companies Use "Plain English" and Other Tricks to Rob You Blind, explains those tax deductions and so-called loopholes that are up for debate and takes your calls on which ones you think make sense and which ones don't.

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