+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Lawmakers seeking to use Republican presidential candidate Mitt Romney's idea of capping deductions as a way to offset an extension of the 35 percent tax rate may find themselves disappointed once they do the math, Treasury Secretary Geithner says. The notion of using a flat-dollar limit on itemized deductions has supporters on both sides of the aisle, according to congressional aides. However, the portion of the extension of the 2001 and 2003 tax cuts that applies only to families earning more than $250,000 is estimated to cost roughly $85 billion per year and, Geithner says, the only way to raise that much money from a deduction cap is to set it at a level that would impact many middle-income taxpayers.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).